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Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions
17.5.2022
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 Bank Accounts Blocked Iran’s Ministry...
Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
17.5.2022
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.”...
South Korean Banks Earned USD 31M in Crypto Transaction Fees Last Year
17.5.2022
Three South Korean banks earned USD 31.2m from their crypto exchange partnership deals in 2021, new data has revealed – suggesting that partnering with trading platforms could be paying off for the often-cautious domestic banking sector....
Read More: South Korean Banks Earned USD 31M in Crypto...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
17.5.2022
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments,...
Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months
16.5.2022
The firm is building an infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
16.5.2022
Everyone celebrated the arrival of institutional investors to the bitcoin market as their rising adoption helped send prices soaring. Now, with correlations to traditional markets at an all-time high, fingers are pointing over the market swoon
Bitcoin lucha en zona de soporte de $27K- $30K, con resistencia en $35K
16.5.2022
La ventaja de BTC parece limitada a pesar del soporte a corto plazo
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Russians Based Abroad Say They Can’t Withdraw Funds from Binance
16.5.2022
Russian users – even some not located in the aggressor state of Russia – are complaining that they are having problems using the crypto exchange Binance.
The Telegram-based Russian financial news channel Banksta reported that the Binance exchange had “decided to punish Russians, regardless...
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
16.5.2022
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
16.5.2022
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year
16.5.2022
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted LUNA would be $143 before the end of the year....
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
16.5.2022
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price
Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K
16.5.2022
Bitcoin (BTC) upside appears to be limited despite short-term support at $27K and $30K. Momentum signals remain weak, which could stall a relief rally in price
Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO
16.5.2022
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
16.5.2022
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
16.5.2022
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens...
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
16.5.2022
Chief financial officer André Milanez said that the product will launch within the next 6 months
Bitcoin enfrenta siete semanas seguidas de pérdidas por primera vez
16.5.2022
Los temores por la inflación y el sentimiento macroeconómico deficiente han provocado que bitcoin fracase como escudo contra la inflación en las últimas semanas
Biggest Movers: XMR and SOL Higher on Monday
16.5.2022
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher during the session. Monero (XMR) XMR was one of Monday’s biggest gainers, as prices rose by almost $20 from lows...