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Bitcoin and Ethereum Consolidate Gains, XLM and WAVES Outperform
10.5.2021
Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term.
Besides, most...
One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations
10.5.2021
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas...
Canadian Bitcoin ETF issuer seeks ‘green BTC’
10.5.2021
Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product
Satoshi or Bitcoin? Novogratz Reignites BTC Marketing Debate
10.5.2021
The discussions over increasing the marketing of satoshis (sats), or the smallest unit of bitcoin (BTC), instead of BTC itself, re-emerged, but so does the opposition to the idea.
"It is time to switch to Satoshis. Too many people telling me at USD 58,000 BTC too expensive," argued Galaxy...
Litecoin price hits $400 all-time high but LTC rally at risk of overheating
10.5.2021
Litecoin price achieves $400 amid an overall crypto market boom
Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs
10.5.2021
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment...
Google search interest in Dogecoin outstrips Bitcoin for first time
10.5.2021
For the first time, more people globally are searching for news surrounding the meme cryptocurrency Dogecoin than Bitcoin
Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week
10.5.2021
Bitcoin bulls face off with altcoins after the largest cryptocurrency's latest rejection at $60,000 resistance
Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
10.5.2021
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
BTC could trade for $250K within five years: Morgan Creek Capital CEO
10.5.2021
Morgan Creek Capital Management’s CEO predicted Bitcoin will soon rival gold by monetary value
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion
10.5.2021
PRESS RELEASE. Cryptocurrency exchange, Quidax on Monday, 10th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX and revealed plans to reposition as the global home of BEP20 tokens. Quidax is a cryptocurrency exchange...
Ethereum Hits New Record High, Bitcoin Eyes USD 60K Again
10.5.2021
Bitcoin price remained stable above the USD 56,500 pivot level. As a result, BTC started a fresh increase and it cleared the USD 58,500 resistance. It is currently (04:30 UTC) trading USD 59,000 and the bulls may soon attempt an upside break above USD 60,000.
Besides, most major altcoins...
South Korea to Crack Down on Phishing Websites Attacking Crypto Users
10.5.2021
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul...
Ethereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K
10.5.2021
The native token of the most popular smart contract platform, Ethereum (ETH), just reached another milestone, hitting USD 4,000 for the first time in its history.
At 03:17 UTC, ETH trades at USD 4,006 and is up by 2% in a day and 36% in a week. The price almost doubled in a month. ETH neared...
Elon Musk Calls Dogecoin a Hustle and the Future of Currency That’s ‘Going to Take Over the World’ on SNL
10.5.2021
Dogecoin has a wild ride this weekend starting with Elon Musk’s Saturday Night Live (SNL) and ending with Spacex saying it will launch DOGE-1 mission to the moon. Musk called dogecoin “a hustle” on the show but also said that it is “the future of currency” that’s...
Arnold Schwarzenegger Follows Warren Buffett’s Crypto Investment Strategy, Keeps Away From Bitcoin
10.5.2021
Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. The CEO of Berkshire Hathaway thinks bitcoin...
Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
10.5.2021
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...
Binance CEO says volatility ‘is not unique to crypto’: Data shows it’s Bitcoin’s jet fuel
10.5.2021
Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison to some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns