Crypto Currencies News
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Bitcoin crisis, Elon Musk criticized, Ether thrives, Dogecoin survives: Hodler’s Digest, May 9–15

The Coin Telegraph | 2021-05-16, 22:16

Bitcoin crashes after Tesla abandons the cryptocurrency as a payment method, the crypto world criticizes Elon Musk and DOGE staves off competition from a furry rival. ...

Bitcoin slips below $46K as correction deepens; institutions keep accumulating

The Coin Telegraph | 2021-05-16, 21:21

After failing to reclaim the $50,000 level, BTC faces renewed selling pressure in the short term. However, short-term headwinds don’t negate the bull market. ...

Top 5 cryptocurrencies to watch this week: BTC, XRP, DOT, XLM, SOL

The Coin Telegraph | 2021-05-16, 21:21

Bitcoin price remains under pressure but select altcoins like XRP, DOT, XLM and SOL are showing signs of resuming their uptrend. ...

Caitlin Long reveals the 'real reason' people are selling crypto

The Coin Telegraph | 2021-05-16, 21:03

"Markets now can safely predict Bitcoin and crypto prices will likely exhibit high correlation with credit markets," said Long. ...

Solana pumps to all-time high as Bitcoin, altcoins lag

The Coin Telegraph | 2021-05-16, 16:15

SOL was one of the top-performing cryptocurrencies on Sunday, outperforming Bitcoin and Ethereum by a considerable margin. ...

Iranian Tax Agency to Profile Owners of Cryptocurrency Exchanges

Bitcoin | 2021-05-16, 11:02

Cryptocurrencies have been a cause for concern in Teheran as the digital assets have attracted capital from other, traditional markets. The parliament’s leadership has now asked the tax agency to profile the owners of Iranian platforms facilitating

Huobi Launches Latest $100 Million Fund to Invest in Early Stage DeFi Projects

Bitcoinist | 2021-05-16, 07:52

Huobi Group, one of the largest blockchain companies in the world, announced earlier this week that it would launch Huobi Ventures, a new subsidiary that will focus on Huobi’s investment portfolio in the blockchain space. With a $100 million portfolio, the

The Crypto Daily – Movers and Shakers – May 16th, 2021

FX Empire | 2021-05-16, 02:35

Bitcoin, BTC to USD, fell by 6.17% on Saturday. Reversing a 0.35% gain from Friday, Bitcoin ended the day at $46,844.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $50,737.0 before hitting reverse. While falling short of the

DeFi growth helps push crypto’s share of the global money supply above 2%

The Coin Telegraph | 2021-05-16, 01:13

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. ...

President Biden’s Alleged Venmo Account Was Found in Less Than 10 Minutes and Then Promptly Disappeared

Gizmodo | 2021-05-16, 00:38

It all started with a passing mention. On Friday,

US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments

Bitcoin | 2021-05-15, 19:41

A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this

Blockchain will thrive once innovators and regulators work together

The Coin Telegraph | 2021-05-15, 16:48

Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem. ...

Millennials' love affair with crypto is burning red-hot right now - two out of three ...

Business Insider | 2021-05-15, 11:39

Close-up photo of a woman buying cryptocurrency through a smart phone app that is also showing the growth graph. Getty Images / vb Research shows that millennials are driving this year's ongoing crypto-mania. Millennials see crypto as a long-term investment

Bitcoin adoption was picking up pace. Elon Musk slamming its 'insane' energy use may have ...

Business Insider | 2021-05-15, 10:45

Elon Musk's U-turn was a bombshell for the crypto world. Ringo H.W. Chiu/Associated Press Elon Musk's U-turn on accepting bitcoin as payment due to energy concerns rocked the crypto world. It could also halt the adoption of bitcoin by companies, who are

Coinbase Reports Strong First Quarter Earnings, Set to Add Dogecoin Soon

Bitcoinist | 2021-05-15, 08:59

For the first time since its direct listing on the NASDAQ this April, crypto exchange Coinbase published its first quarter earnings. In its earnings call, Coinbase announced that it had seen tremendous results since its public debut. “The wind is in our sails

Samsung Adds Support for Hardware Wallets on Galaxy Smartphones

Bitcoin | 2021-05-15, 08:45

Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make

Crypto Exchange Binance Under Investigation by Department of Justice and IRS

Bitcoinist | 2021-05-15, 05:59

Crypto exchange giant Binance is allegedly under investigation by the U.S. Internal Revenue Service (IRS), as well as the Department of Justice (DOJ) for money laundering and tax evasion. BREAKING: Binance, the world's biggest crypto exchange, is under

Altcoins pop while Bitcoin looks for support near $50,000

The Coin Telegraph | 2021-05-15, 03:32

Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains. ...

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021

FX Empire | 2021-05-15, 02:24

Ethereum Ethereum rallied by 9.71% on Friday. Reversing a 2.05% loss from Thursday, Ethereum ended the day at $4,080.51. Advertisement Know where Ripple is headed? Take advantage now with Start Trading Trading Derivatives carries a high level of risk to your

The Crypto Daily – Movers and Shakers – May 15th, 2021

FX Empire | 2021-05-15, 02:24

Bitcoin, BTC to USD, rose by 0.35% on Friday. Following on from a 0.34% gain on Thursday, Bitcoin ended the day at $49,924.0. A mixed start to the day saw Bitcoin fell to an early morning intraday low $48,877.0 before making a move. Steering clear of the first

Kusama (KSM) price hits new highs as parachain auctions begin to take shape

The Coin Telegraph | 2021-05-14, 23:56

KSM rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming parachain auctions. ...

A 33-year-old Dogecoin millionaire says he has no plans to cash in his seven-figure stake ...

Business Insider | 2021-05-14, 20:55

Dogecoin's image is centered on a talking Shiba Inu named Doge. Barcroft Media/Getty Glauber Contessoto of Los Angeles poured his life savings into Dogecoin, according to a profile of the meme currency investor in The New York Times. The value of his holdings

Bank of England official says Britcoin CBDC launch is 'probable'

Business Insider | 2021-05-14, 20:00

The Deputy Governor for Financial Stability of the Bank of England, Sir Jon Cunliffe, arrives at a treasury select committee meeting at Portcullis House on March 8, 2016 in London. Photo by Ben Pruchnie/Getty Images Bank of England deputy governor Jon Cunliffe

Coinbase Says Screw It, We'll Let You Buy Doge

Gizmodo | 2021-05-14, 19:11

The cryptocurrency exchange platform Coinbase has

Argentina’s tax body reportedly asks crypto firms to report all activity

The Coin Telegraph | 2021-05-14, 19:07

Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations. ...

IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns

Bitcoin | 2021-05-14, 18:55

An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate

Cryptocurrency: The New Frontier for Asset-Hiding in Divorce

Daily Report | 2021-05-14, 18:16

Hiding assets in divorce may be nothing new. However, where many deceptive spouses choose to stash hidden assets is. It's cryptocurrency, a largely unregulated and anonymous form of digital cash. ...

Crypto currently is comparable to the early days of cell phones, Coinbase President says

The Coin Telegraph | 2021-05-14, 18:14

Crypto needs to be more user-friendly, according to Emilie Choi. ...

Square's CFO reportedly says the company has 'no plans' to buy more bitcoin after incurring ...

Business Insider | 2021-05-14, 17:00

Reuters Square chief financial officer Amrita Ahuja says the company has "no plans" to buy more bitcoin. The company currently holds 8,027 bitcoin worth over $400 million at current prices. "Our position has always been that this is an area that needs

Elon Musk says he's working with Dogecoin developers to make the cryptocurrency more efficient

Business Insider | 2021-05-14, 16:06

Yuriko Nakao/Getty Images; Britta Pedersen-Pool/Getty Images; Samantha Lee/Insider On Wednesday, Tesla stopped accepting bitcoin as payment for its electric cars. The next day Tesla CEO Elon Musk said he was working to make dogecoin more sustainable. Dogecoin

Binance's Indian exchange lists Shiba Inu coin a day after Ehtereum creator Vitalik Buterin's $1 ...

Business Insider | 2021-05-14, 16:06

Changpeng Zhao is the CEO of the world's largest crypto exchange Binance. Binance India's WazirX crypto exchange listed shiba inu coin this week. Shiba inu coin, which launched less than a year ago, took inspiration from dogecoin. The listing comes a day after

Apple, Tesla, and Bitcoin Are in a Technical ‘Excess Phase Top”

FX Empire | 2021-05-14, 15:13

Yesterday I highlighted the and what technical analysts call the “Excess Phase Top” process, which usually takes place after the markets peak and setup a downward price trend. There are a number of technical setups that take place throughout this process.

Cryptocurrency mining stocks recover as bitcoin climbs back above $50,000

Business Insider | 2021-05-14, 15:12

Bitcoin mining. Olga Maltseva/Getty Images Bitcoin mining stocks mounted a recovery on Friday after bitcoin found support at the $50,000 per-coin level. Shares of Riot Blockchain, Marathon Digital Holdings, BitDigital, and other crypto-associated stocks all

A Bitcoin Nest Egg: Should Your IRA Meddle in Crypto?

Money and Markets | 2021-05-14, 14:49

“Should I buy bitcoin in my IRA?” An old friend asked me that question the other day. But here’s the thing. It’s actually two questions. One is tricky to answer, while the other one is a breeze. I’ll start with the tricky one: Should you buy bitcoin? My answer

City in North Dakota now accepts cryptocurrency for utility payments

The Coin Telegraph | 2021-05-14, 13:39

The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. ...

UK will likely need to issue a digital currency, says BoE deputy governor

The Coin Telegraph | 2021-05-14, 12:45

The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. ...

World's Largest Crypto Trading Platform Under Investigation by DOJ and IRS: Report

Gizmodo | 2021-05-14, 12:15

Binance, the world’s largest platform for

Why this bitcoin bull market is different to 2017

Moneyweb | 2021-05-14, 10:32

In 2017, the global money printers hadn’t gone into overdrive. ...

How one man is using cryptos to unlock the DRC’s mineral wealth

Moneyweb | 2021-05-14, 10:32

John Lombela returned to his home country of the Democratic Republic of Congo with a mission: to use the power of cryptocurrencies and blockchain to attract capital back to the country and unlock its mineral wealth. ...

Dogecoin Rallies After The Recent Sell-Off

FX Empire | 2021-05-14, 10:24

Dogecoin Video 14.05.21. Elon Musk Boosts Dogecoin Dogecoin settled back above the $0.50 level after Elon Musk stated that he was working with Dogecoin developers to “improve system transaction efficiency”. Advertisement Know where Bitcoin is headed? Take

Bitcoin Bearish Break Testing $45k Support Zone and 38.2% Fib

FX Empire | 2021-05-14, 10:24

Bitcoin made a bearish breakout rather than a bullish break as we expected . Advertisement Know where Bitcoin is headed? Take advantage now with Start Trading Trading Derivatives carries a high level of risk to your capital and you should only trade with money

'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020

The Coin Telegraph | 2021-05-14, 10:21

Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash. ...

Singapore’s biggest bank launches crypto trust solution

The Coin Telegraph | 2021-05-14, 10:21

After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. ...

Dogecoin Prices Spike Again Because This Man Just Will Not Stop Tweeting

Gizmodo | 2021-05-14, 05:38

I’m starting to get whiplash from this roller

Dogecoin – Daily Tech Analysis – May 14th, 2021

FX Empire | 2021-05-14, 03:28

Dogecoin Dogecoin jumped by 25.29% on Thursday. Reversing a 20.89% tumble from Wednesday, Dogecoin ended the day at $0.4895. A bearish start to the day saw Dogecoin slide to an early morning intraday low $0.3503 before making a move. Advertisement Know where

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 14th, 2021

FX Empire | 2021-05-14, 02:34

Ethereum Ethereum fell by 2.05% on Thursday. Following on from an 8.45% decline on Wednesday, Ethereum ended the day at $3,719.23. Advertisement Know where Ripple is headed? Take advantage now with Start Trading Trading Derivatives carries a high level of risk

The Crypto Daily – Movers and Shakers – May 14th, 2021

FX Empire | 2021-05-14, 02:34

Bitcoin, BTC to USD, rose by 0.34% on Thursday. Following a 12.52% slide on Wednesday, Bitcoin ended the day at $49,750.6. A bearish start to the day saw Bitcoin slide to an early morning intraday low $46,601.0 before making a move. Steering clear of the first

State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies

Bitcoin | 2021-05-14, 02:22

The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets,

Shanghai Man: Aping out of gorilla token, digital dollar Biden its time... and more

The Coin Telegraph | 2021-05-14, 01:37

An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance. ...

Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments

The Coin Telegraph | 2021-05-14, 01:37

Tesla’s decision to cease Bitcoin payments ignited a green energy debate that sent the price of low energy consumption protocols like NANO, HBAR and EWT higher. ...

Floyd ‘Money’ Mayweather to Launch Legacy NFTs Ahead of Fight With Logan Paul

Bitcoin | 2021-05-13, 22:46

Boxing legend Floyd Mayweather will release his own NFTs before the upcoming bout with Youtuber Logan Paul. The exclusive collection celebrates Mayweather’s legacy in life and sport with unique items. Floyd remained undefeated throughout his professional

Does Mike Novogratz hold more than $5B in crypto?

The Coin Telegraph | 2021-05-13, 22:18

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. ...

Dow jumps 433 points as investors cheer upbeat labor-market data

Business Insider | 2021-05-13, 22:03

A specialist trader watches his chart while working on the floor of the New York Stock Exchange on July 8, 2014. REUTERS/Brendan McDermid/File Photo/File Photo US stocks closed higher Thursday, snapping a three-day losing streak. New jobless claims hit another

Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital

The Coin Telegraph | 2021-05-13, 21:08

Ethereum now accounts for 19.2% of the overall cryptocurrency market whereas Bitcoin dominance has fallen to 40.7%. ...

Cryptocurrency exchange Binance is under investigation by the Justice Department and the IRS, report says

Business Insider | 2021-05-13, 20:51

Chaopeng Zhang is the founder and CEO of crypto exchange Binance. Binance Binance, the world's largest cryptocurrency exchange, is under investigation by the US Justice Department and the IRS, Bloomberg reported Thursday. The agencies haven't accused Binance

Elon Musk is right. Bitcoin could erase Tesla's strides toward a carbon-free future

Business Insider | 2021-05-13, 20:51

Business Insider Tesla CEO Elon Musk looks at his mobile phone. Joe Skipper/Reuters On Wednesday, Tesla suspended purchases of its cars with bitcoin. CEO Elon Musk cited the environmental impact of mining and trading on carbon emissions. Bitcoin has a growing

Bitcoin whale MicroStrategy buys additional 271 BTC

The Coin Telegraph | 2021-05-13, 20:12

CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. ...

Musk is right that dirty bitcoins and clean Teslas don’t sit well together

The Guardian | 2021-05-13, 20:11

The currency is an environmental abomination and investors should be pleased the founder has said so Elon Musk moves in mysterious ways, so it would be foolish to assume that his new sceptical stance on bitcoin will last longer than his previous cheerleading.

Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation

The Coin Telegraph | 2021-05-13, 19:55

News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000. ...

Tether discloses full reserve breakdown for the first time

The Coin Telegraph | 2021-05-13, 19:55

Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. ...

Elon Musk, fresh off tanking SNL, tanks entire cryptocurrency market

AV Club | 2021-05-13, 18:45

Jesus Christ, Elon Musk is such a goddamn jabroni. Read more... ...

Bitcoin Shake Out: 48K Support Level Of Interest

FX Empire | 2021-05-13, 16:20

In these situations, everyone grasps for “why!?”, but as I remind our followers regularly, if you follow PRICE action, “WHY” does not matter, RISK is what matters. If you go back and watch all of my previous analysis videos, I have been warning against the

Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using ...

Business Insider | 2021-05-13, 16:02

Founder of Ethereum Vitalik Buterin during TechCrunch Disrupt London 2015 John Phillips/Getty Images for TechCrunch Vitalik Buterin, Ethereum's creator, donated Shiba Inu coins worth $1 billion to a COVID-19 relief fund for India. The dogecoin-inspired Shiba

Cryptocurrencies plunge after Elon Musk's bitcoin u-turn

Magic Valley | 2021-05-13, 15:59

The price of bitcoin has nosedived after Tesla CEO Elon Musk said his company was suspending plans to accept the cryptocurrency as payment for electric vehicles. CNN's Christine Romans reports. ...

Dogecoin slumps 20% after Tesla's bitcoin shock - while other tokens like Ethereum's ether and ...

Business Insider | 2021-05-13, 15:07

Shutterstock Dogecoin and other cryptocurrencies plunged on Thursday after Elon Musk voiced bitcoin concerns. An analyst said buyers will soon return to buy cryptocurrencies, taking advantage of low prices. Dogecoin was already suffering a bad week after

Unstoppable Domains’ .crypto websites now available via Brave browser

The Coin Telegraph | 2021-05-13, 14:29

In contrast to traditional domains stored on behalf of users by custodians like Google Domains, .crypto domains are stored in crypto wallets. ...

Elon Musk's U-turn on bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions ...

Business Insider | 2021-05-13, 12:06

Tesla CEO, Elon Musk. Joe Skipper/Reuters Elon Musk's turnaround on bitcoin sent Tesla and other crypto-linked stocks lower on Thursday. Crypto mining stocks like Riot Blockchain and Marathon Digital fell 13%. The entire cryptocurrency market lost as much as

Mark Cuban says cryptocurrencies are better than gold for the environment after Tesla halts Bitcoin ...

Business Insider | 2021-05-13, 10:57

AP Photo/David J. Phillip Mark Cuban said that his Dallas Mavericks will keep accepting crypto as they are better for the environment than gold. Tesla previously announced it would stop bitcoin payments over environmental concerns. The environmental impact of

Bitcoin Recoups Some Losses After Musk-Triggered Tumble

FX Empire | 2021-05-13, 10:18

By Kevin Buckland and Alun John The price of the world’s largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet shortly after 2200 GMT. It recovered about half of that drop early in

Bitcoin Rebounds Above $50,000 As It Tries To Recover After Tesla’s Shocking Decision

FX Empire | 2021-05-13, 10:18

Bitcoin Video 13.05.21. Tesla Stops Accepting Bitcoin As Payment Due To Environmental Concerns Bitcoin declined to the $46,000 level after Tesla stated that it stopped accepting Bitcoin as payment for its cars. However, Bitcoin quickly managed to get back

Tesla’s Musk Halts Use of Bitcoin for Car Purchases

FX Empire | 2021-05-13, 10:18

By Hyunjoo Jin and Kanishka Singh Bitcoin fell more than 10% after Musk tweeted his decision to suspend its use, less than two months after Tesla began accepting the world’s biggest digital currency for payment. Other cryptocurrencies, including ethereum, also

Sotheby’s crypto-powered auction sells Banksy art for $13M

The Coin Telegraph | 2021-05-13, 10:15

Sotheby’s originally estimated Banksy’s “Love is in the Air” to sell for up to $5 million. ...

Bitcoin plunges as much as 15% after Elon Musk halts Tesla payments, citing climate damage ...

Business Insider | 2021-05-13, 10:03

Elon Musk has been a key driver of the cryptocurrency boom. Susan Walsh/AP Bitcoin slid as much as 15% after Elon Musk said Tesla would stop taking payment in the token. It then pared its gains, but was trading more than 20% off the record high touched in

Crypto bulls challenge Elon Musk's environmental concerns on bitcoin - but billionaire Mike Novogratz takes ...

Business Insider | 2021-05-13, 10:03

Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unexpected decision to halt bitcoin payments for Tesla cars. Some argued bitcoin mining mostly uses renewable energy, rather than fossil fuels. Billionaire Mark Cuban said his NBA

Australian man Craig Wright who alleges he created bitcoin takes £4bn claim to London high court

The Guardian | 2021-05-13, 08:24

Computer scientist demands 16 software developers give access to 111,000 bitcoins in case one defendant has called ‘bogus’ An Australian computer scientist who alleges he created bitcoin has launched a London high court lawsuit against 16 software developers

Markets fall again as inflation worries rattle investors – business live

The Guardian | 2021-05-13, 08:24

Rolling coverage of the latest economic and financial news 7.49am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Inflation worries continue to grip the markets today, after US

Bitcoin Loses $8,000 as Tesla Stops Bitcoin Payment

FX Empire | 2021-05-13, 08:13

The powerful billionaire Elon Musk some hours ago revealed Tesla was suspending payments with the flagship crypto, triggering a dump in the Bitcoin. In a post recently seen on social media, the tech entrepreneur in his words revealed the “rapidly increasing

Bank of Israel Drafts Model of a Digital Shekel

Bitcoin | 2021-05-13, 05:19

The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even

How crypto companies can go public in 2021, explained

The Coin Telegraph | 2021-05-13, 04:51

There is huge demand for crypto companies to go public right now — but in this day and age, are initial public offerings their only option? ...

Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100

The Coin Telegraph | 2021-05-13, 04:51

Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers, ...

IRS will seize your crypto if you can't pay back taxes

The Coin Telegraph | 2021-05-13, 04:51

If you’re a cryptocurrency holder with past-due tax debts, your provable holdings may be confiscated by the IRS if you don’t pay back what you owe. ...

Vitalik Buterin says Uniswap should become an oracle token

The Coin Telegraph | 2021-05-13, 04:51

UNI is in an excellent position to be a token for such an oracle,” said Buterin, in reference to decentralized pricing oracles for stablecoins. ...

Dog day afternoon as Vitalik dumps multiple memecoins in the name of charity

The Coin Telegraph | 2021-05-13, 04:51

Dog-themed tokens see an abrupt end to their rallies as Vitalik Buterin liquidates the positions he was gifted and donates the proceeds to charity. ...

Bitcoin, altcoins and stocks drop as inflation fears impact investor confidence

The Coin Telegraph | 2021-05-13, 04:51

Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices. ...

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 13th, 2021

FX Empire | 2021-05-13, 04:19

EOS EOS tumbled by 28.5% on Wednesday. Partially reversing a 56.55% surge from Tuesday, EOS ended the day at $10.3941. A bullish start to the day saw EOS rise to an early morning intraday high $14.9300 before hitting reverse. Advertisement Know where the

Dogecoin – Daily Tech Analysis – May 13th, 2021

FX Empire | 2021-05-13, 03:24

Dogecoin Dogecoin tumbled by 20.89% on Wednesday. Reversing a 9.61% gain from Tuesday, Dogecoin ended the day at $0.3909. A mixed start to the day saw Dogecoin rise to an early morning intraday high $0.5229 before hitting reverse. Advertisement Know where the

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 13th, 2021

FX Empire | 2021-05-13, 02:30

Ethereum Ethereum fell by 8.45% on Wednesday. Reversing a 5.83% gain from Tuesday, Ethereum ended the day at $3,826.55. Advertisement Know where Ripple is headed? Take advantage now with Start Trading Trading Derivatives carries a high level of risk to your

Tesla Says It Will No Longer Accept Bitcoin for Car Payments, Citing Fossil Fuel Concerns

Gizmodo | 2021-05-13, 01:38

Tesla has “suspended vehicle purchases using bitcoin,” CEO Elon Musk tweeted on Wednesday night, allegedly out of concern over the “rapidly increasing use of fossil fuels for bitcoin mining.” Read more... ...

Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

The Guardian | 2021-05-13, 01:38

Digital currency, which is made with an energy-intensive process that often relies on fossil fuels, fell more than 7% after the tweet Tesla has suspended the use of bitcoin to purchase its vehicles, Elon Musk said in a tweet on Wednesday, citing concerns about

Tesla Halts Bitcoin Payments Over Environmental Concerns, Sending the Cryptocurrency to Session Lows

Bitcoinist | 2021-05-13, 01:18

Earlier this year, in what appeared to be a massive win for the crypto space, Tesla began accepting payments in Bitcoin. The move was heralded for legitimizing Bitcoin’s transactional utility beyond just a speculative asset class. But now, Tesla is

Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund

Crunch | 2021-05-13, 01:08

Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around

Bosnia and Herzegovina Is Preparing a Draft Bill to Regulate Cryptocurrencies

Bitcoin | 2021-05-12, 22:59

A European country in the Balkans region could start regulating the crypto environment within its territory. A bill is being drafted in Bosnia and Herzegovina that would establish a regulatory framework for cryptocurrencies for the first time in the

20 million adults could dive into the cryptocurrency market over the next year, nearly doubling ...

Business Insider | 2021-05-12, 22:01

Getty Images Nearly 20 million adults in America are planning to buy cryptocurrency over the next year, a study by crypto exchange Gemini found The investor population in the cryptocurrency market could nearly double over the next 12 months. The next wave of

Palantir to Accept Bitcoin Payments, Considers Adding Crypto to Balance Sheet

Bitcoinist | 2021-05-12, 21:06

Earlier Tuesday, data analytics company Palantir announced that it will begin accepting Bitcoin as a form of payment. Palantir is responsible for providing software and analytics tools for governments and corporations. The company went public on the NYSE last

Coinbase could slump to $100 as competition eats into market share of the largest US ...

Business Insider | 2021-05-12, 19:57

The Coinbase logo on display in Times Square in New York. Shannon Stapleton/Reuters Coinbase stands to face steeper competition and its shares are likely to fall to $100 or less, New Constructs CEO David Trainer said about the crypto exchange operator.

A fork in the road: Digital Fiat vs. Decentralized Money

Silver Doctors | 2021-05-12, 19:40

For those of us who understand

Is Cash King, And Are You Aware Of Tesla, Apple, and Bitcoin Chart Patterns?

FX Empire | 2021-05-12, 18:23

Sometimes there are clear advantages to being in an all-cash position and avoiding the risks in the US/Global stock markets. For example, you should consider cash as a position when the markets begin to execute a broad market consolidation pattern that often

The SEC says bitcoin's volatility means it's a highly speculative asset - and hints it ...

Business Insider | 2021-05-12, 16:09

Dado Ruvic/Getty Images The SEC has warned mutual fund investors of bitcoin's volatility, calling it "highly speculative." Staff will assess whether the bitcoin futures market can accommodate ETFs, the regulator said. Chairman Gary Gensler recently dampened

MoneyGram to allow retail Bitcoin buying in the US

The Coin Telegraph | 2021-05-12, 16:03

MoneyGram customers in the United States will soon be able to buy Bitcoin in the country’s retail outlets across the country. ...

Nigeria records $8m weekly volume, leads rest of Africa on P2P crypto trading

Business Day Online | 2021-05-12, 15:37

The volume of peer-to-peer (P2P) cryptocurrency transactions on a weekly basis in Sub-Saharan Africa has remained stable, largely because of countries like Nigeria. A weekly insight by Luno and Arcane Research has found that the weekly P2P volume in the region