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SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
12.5.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms...
How long will the crypto bear market last? Raoul Pal's macro analysis
12.5.2022
In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally
Biggest Movers: AXS Jumps Over 20%, as MATIC Falls to 13-Month Low
12.5.2022
Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April. Axie Infinity (AXS) AXS was one of the biggest gainers...
Two Clues for When Bitcoin Downturn Might End
12.5.2022
As the crypto market crash continued on Thursday, analysts told Cryptonews.com that traders should keep a close eye on the bitcoin (BTC) price on Coinbase, as well as tether’s (USDT) progress towards getting back to its dollar peg, for clues about when the worst selling pressure might end.
“If...
Bitcoin could target $32K, says trader as LUNA crashes below one penny
12.5.2022
Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex
Block’s Stock Would Shine if It Not for its Association With Bitcoin, Mizuho Says
12.5.2022
Block’s fundamentals are improving, but the company's association with bitcoin is weighing on its shares, according to the investment bank
Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains
12.5.2022
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber
Most Wanted 'Cryptoqueen', Galaxy's Buyback, Delayed CBDC + More News
12.5.2022
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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Read More: Most Wanted 'Cryptoqueen', Galaxy's Buyback, Delayed CBDC + More News
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...
Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse
12.5.2022
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock...
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
12.5.2022
Established stablecoin trading pairs have struggled to keep stable at crypto exchanges around the world. Here are the updates as the situation evolves
Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020
12.5.2022
Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally...
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
12.5.2022
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market
Bitcoin, Ethereum, and Altcoins Try to Trim Losses, LUNA Tests New Lows
12.5.2022
Bitcoin price remained in a bearish zone below USD 30,000 support. BTC even broke the USD 27,500 support and spiked below USD 27,000. It is currently (11:47 UTC) correcting higher near USD 28,770 but is still down 9% in a day and 28% in a week.
Similarly, most major altcoins are down in double...
Bitcoin Dominance Rises as ETH/BTC Breaks Down
12.5.2022
The bitcoin (BTC) dominance – bitcoin’s share of the overall crypto market capitalization – has risen sharply over the past two days, as the price of ethereum (ETH) has broken lower against BTC.
Since Wednesday this week, the bitcoin dominance has risen from under 42% to 44.3% as of Thursday...
Report: Tanzania Closer to Launching a CBDC
12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
12.5.2022
Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S
Bitcoin ETFs Enter Australia as Crypto Market Tanks
12.5.2022
Australia recently released its inaugural crypto ETF (exchange-traded funds) amid a crypto meltdown. Assets including ETFs 21Shares ETH ETF, Cosmos Purpose BTC Access ETF, and ETFs 21Shares BTC ETF entered the local exchange. The portfolios will allow users to directly invest in digital coins....
Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
12.5.2022
Bitcoin dominance has spiked to six-month highs at Ethereum's expense as ETH/BTC suffers big losses
Brazil’s Biggest Neobank Makes Bitcoin Investment & Will Let Customers Buy BTC, Ethereum
12.5.2022
Nubank, Brazil’s largest digital bank, is set to invest 1% of its portfolio in bitcoin (BTC), and will begin rolling out functions that allow its app users to buy, sell, and hold BTC and ethereum (ETH).
Per the media outlet Exame, the neobank will convert 1% of its equity to bitcoin via...