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Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale
5.5.2022
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users...
Short-Term Relief Bitcoin Rally Likely After ‘Optimistic’ Powell, Major Bottom Could be Forming – Analysts
5.5.2022
Bitcoin (BTC) and the broader crypto market went into a relief rally over the past day, after an expected 0.5 percentage point rate hike in the US and an “optimistic” outlook from US Federal Reserve (Fed) Chair Jerome Powell. According to one analyst, a major bottom could now be forming...
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
5.5.2022
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is the largest hike in over twenty years. Bitcoin Bitcoin rose for a second...
Binance Backs Twitter Takeover with USD 500m, Musk Could Serve as Interim CEO
5.5.2022
The major crypto exchange Binance is backing Elon Musk’s takeover of Twitter with a USD 500m investment, a public filing showed. Meanwhile, Musk might also serve as temporary CEO of Twitter once the takeover is done.
The investment from Binance is among the largest on a list of commitments...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals
5.5.2022
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for...
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
5.5.2022
Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high
Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
5.5.2022
U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18
Bitcoin Brink’s: Storied Security Firm Protects Crypto Wallets Now
5.5.2022
Brink’s is working with Swiss crypto custody firm Metaco to facilitate the distributed storage of disaster recovery backups
Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum Payments in the US
5.5.2022
Italian luxury brand Gucci will accept crypto payments across five flagship stores in the US by the end of the month and aims to expand the pilot to include all of its directly-operated stores in North America by this summer....
Read More: Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum...
Bitcoin and Ethereum Consolidate, WAVES and ZIL Outperform
5.5.2022
Bitcoin price climbed above the USD 39,500 resistance level and tested the USD 40,000 resistance, where it faced sellers. It is currently (11:49 UTC) consolidating gains near USD 39,500 and is up 1% in a day and a week.
Similarly, most major altcoins are consolidating gains. ETH struggled above...
Kazakhstan Amends Registration Rules for Cryptocurrency Miners
5.5.2022
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity...
NAFSTARS Announces a Successful Fund Raise of $1․7 Million
5.5.2022
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...
Bitcoin celebrates halfway to the halving with new hash rate record
5.5.2022
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset 'pain trade'
5.5.2022
What could rile investors more than a capitulation in stocks and crypto is sideways trading "for a long time."
Dubai Virtual Assets Regulator Establishes HQ in the Metaverse
5.5.2022
The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s...
Ex-BitMEX Chief Arthur Hayes Wants Court to Excuse Him Jail Time
5.5.2022
The co-founder and ex-CEO of the BitMEX crypto exchange Arthur Hayes has asked a court not to give him jail time for failing to create an anti-money-laundering network on the platform – and has claimed that he will not repeat his crimes. Hayes has also sought permission to live abroad and travel...
Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform
5.5.2022
Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make cryptocurrency investments via its platform, giving them the ability to purchase crypto assets...
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Infinite Arcade Launches the Last Sale of the Gamer NFTs
5.5.2022
Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last stage of NFTs sale...
Bitcoin and Ethereum Accelerate, ADA, SOL, and More Altcoins Rally
5.5.2022
Bitcoin price was able to clear the USD 39,200 resistance level and even tested the USD 40,000 resistance. It is currently (04:08 UTC) consolidating gains above USD 39,700 and might test USD 40,000 again. BTC is up over 4% in a day and 1% in a week.
Similarly, most major altcoins are also...