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Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
25.5.2021
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when...
1confirmation Raises USD 125M, Chia - USD 61M, African CBDC + More News
25.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Crypto venture fund 1confirmation said it closed its new third venture fund worth USD 125m and dubbed 1confirmation fund III....
More Americans have heard of Dogecoin than Ethereum: Survey
25.5.2021
One has introduced smart contracts and is the fabric of decentralized finance, the other is... a meme
Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos
22.5.2021
After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of...
Bitcoin and Ethereum Consolidate, XMR Rallies Above USD 300
21.5.2021
Bitcoin price was able to clear the USD 38,000 and USD 40,000 resistance levels. However, BTC is struggling to clear the USD 42,000 resistance. It is currently (12:30 PM UTC) consolidating gains and it could make another attempt to clear the USD 42,000 level.
Besides, most major altcoins are moving...
Multi-Chain Structured DeFi Protocol raises 2.1M USD Private Funding
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Skyrim Finance is building the first multi-chain structured decentralized financial marketplace following a successful funding with close-knit investor support.
Multi-Chain Structured Finance Protocol Skyrim...
USD 10K+ Crypto Transfers & IRS, Central Banks on Crypto Volatility + More News
20.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Tax news
The US Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of...
[aktualita] Kurz Bitcoinu spadl ke 30 tisícům USD, uživatelé hlásí problémy při prodejích
19.5.2021
Několikadenní setrvalý pokles ceny kryptoměny Bitcoin dnes nabral nečekaný spád. Hodnota jedné mince se po poledni zastavila na 30 202 USD, aby následně vystoupala na zhruba 37 a půl tisíce dolarů. Ještě ráno se přitom Bitcoin obchodoval za 40 tisíc USD. Během historického maxima v polovině dubna...
[aktualita] Trh kryptoměn zachvátila panika, Bitcoin se zřítil ke 30 tisícům USD
19.5.2021
Několikadenní setrvalý pokles ceny kryptoměny Bitcoin dnes nabral nečekaný spád. Hodnota jedné mince se po poledni zastavila na 30 202 USD, aby následně vystoupala na zhruba 37 a půl tisíce dolarů. Ještě ráno se přitom Bitcoin obchodoval za 40 tisíc USD. Během historického maxima v polovině dubna...
Many Major Stablecoins Take a Brief Plunge Below USD 0.9
19.5.2021
In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.)
At 13:30 UTC, major cryptocurrencies...
Bitcoin Dives 14%, Ethereum, Altcoins Tumble, Liquidations Near USD 4B
19.5.2021
Bitcoin price failed to keep gains and extended its decline below the USD 40,000 support. BTC broke the USD 38,000 support level and it even spiked towards USD 36,000. It is currently (12:30 PM UTC) recovering above USD 38,000 again, but upsides might be limited above USD 40,000.
Similarly, most...
Bitcoin Dives Below USD 40K, Ethereum Breaches USD 3K, Liquidations Soar
19.5.2021
Bitcoin price failed to surpass the USD 46,000 and USD 46,500 resistance levels. As a result, BTC started a fresh decline below the USD 44,000 support. It is currently (04:30 UTC) trading below USD 40,000.
Similarly, most major altcoins are moving lower. ETH failed to clear the USD 3,550 resistance...
The Big Tesla Short, Copper Raises USD 50M, Gemini's Waitlist + More News
18.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Michael Burry, the American hedge manager who famously made some USD 100m for himself by speculating on the 2008 economic...
Top Chess Players To Compete For USD 100K Worth Of Bitcoin
18.5.2021
Source: Adobe/bizoo_n
Forthcoming online chess tournament FTX Crypto Cup is slated to pit the world’s top ten players against each other, allowing the global chess elite to compete for USD 100,000 worth of bitcoin (BTC), provided by the event’s sponsor and crypto derivatives exchange FTX, and...
Revuto Raises 1.7M USD to Deliver Subscription Payments on Cardano
18.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Image May 18, 2021 – Blockchain startup Revuto has concluded a 1.7 million USD private round to support its development of a crypto subscription payment...
Square Aims to Raise USD 2B, Bitcoin's Taproot Signal Strengthens + More News
17.5.2021
Jack Dorsey. Investments news
Bitcoin (BTC) bull Jack Dorsey-led payments company Square announced its intention to offer, subject to market conditions and other factors, approximately USD 2bn aggregate principal amount of senior notes. The company said it intends to use the net proceeds from this...
Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at 'falling wedge'
17.5.2021
Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as price crashes to two-month lows
Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
17.5.2021
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419.75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411.25. Before the latest adjustment,...
Elon Musk Dumping Bitcoin? Will Bitcoin Drop Below 40,000 USD?
17.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bitcoin, the biggest cryptocurrency by market cap, had a couple of bad weeks already. After the big crash caused by Elon Musk's announcement that Tesla would suspend accepting bitcoin. Bitcoin declined...
Polkally Successfully Raises $700k USD, Starts Public Dual IDO
14.5.2021
P2P auction platform for NFTs Polkally has successfully completed its private sale that raised $700k USD. The sale was led by investors such as ExNetwork Capital, Titans Ventures, Bigcoin Capital, and Blocksync Ventures, plus a number of others. Now, they’re moving to a dual public initial...