Bitcoin and Ethereum Hold Key Support Levels, TRX Accelerates
24.5.2022
Bitcoin price started another decline from the USD 30,500 resistance zone and dropped below the USD 29,500 support level. However, it is currently (11:45 UTC) consolidating near USD 29,300 and still holds the key USD 28,500 support level. BTC is down almost 4% in a day and 2% in a week....
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Japan's Bitbank to set up a custody firm to facilitate institutional entry to local markets
24.5.2022
In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian
Bitcoin Records Eighth Week of Losses, but Sentiment Indicator Suggests Upside
24.5.2022
Sentiment indicators reached “rock bottom” on Monday amid a prominent fund manager calling for a retest of 2019’s price levels
Is Tezos (Xtz) A Good Buy for the Long Term?
24.5.2022
Tezos is a smart contract decentralized platform that aims to establish a digital society and contribute to the evolution of blockchain technology. It is pretty similar to Ethereum but not a hard fork network. Tezos was launched in 2017 and got an inflow of $230 million with its ICO campaign. After...
Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
IQ Protocol Powering Gumball 3000 Ecosystem With Rental NFTs
24.5.2022
IQ Protocol recently announced a long-term partnership with Gumball 3000. Gumball 3000 will gain access to a feature-rich NFT rental marketplace with the collaboration. The entertainment group will also enter the NFT market with a vast value proposition. IQ Protocol gained over 12 million dollars...
Bitcoin dives to fill CME gap amid claim new all-time highs will take 2 years
24.5.2022
Don't hold your breath for a return to $69,000 this year or next, one commentator says
Coinbase Enters Fortune 500 List of Biggest US Companies
24.5.2022
Coinbase (COIN) became the first crypto company to enter the Fortune 500, ranking 437th in the business magazine's listing of the biggest companies in the U.S. by revenue
Astroport Supporting the Release of Terra 2.0 as Voting Ends
24.5.2022
The hype around Terra 2.0 keeps growing. The recent voting session in the Terra community became the latest testament to it. The platform asked its community whether Terra 2.0 should be released. The members have shown tremendous support for a reliable AMM (automated market maker). The initiative...
IndiGG Closed Partnership Deal With AAA Game Delysium
24.5.2022
IndiGG, the Indian subdivision of the Yield Guild Games, has announced a strategic partnership with Delysium. The IndiGG newsletter regarding the announcement reached the internet on May 23. The game is still in the development stage, so users can check it out using the test build. Delysium is...
Digital Dollar Would Undermine Banks, No Compelling Case for It, US Bankers Argue
24.5.2022
The purported benefits of a central bank digital currency (CBDC) in the United States are “uncertain and unlikely to be realized,” and there is no compelling case for it, the American Bankers Association (ABA) has said in a letter to the US Federal Reserve (Fed). The letter also warned that...
Bitrue Announces ADA, BNB, and CAKE Farming From May 24
24.5.2022
Access new Yield Farming pools on Bitrue with up to 90% annual percentage yield in rewards. The new set of pools will support coins like ADA from Cardano, BNB from Binance, and CAKE from PancakeSwap. The pools will go live on May 24 at 13:00 UTC. Launched back in 2018, Bitrue is currently among...