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Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
17.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls...
Is it Too Late to Buy Shiba Inu? SHIB Price Keeps Falling But SpongeBob is Rallying Higher – 100x Potential in 2023?
17.5.2023
The SHIB Army are in disarray after 28 days of downside price action for the beloved SHIB token.
Despite the explosive 2023 meme coin season, SHIB has been sidelined by lucrative returns from prominent moon shots like Pepe coin and Wojak.
Currently trading at $0.0000086 (a 24 hour change...
VC Funding Boost for Web3 Marketplace Following Success with Rihanna's Music Rights
17.5.2023
The advent of tokenized music assets and NFTs allowed investors to acquire rights to their favorite music, a feat that was nearly impossible a few years back.
This use case has increased investor interest in Web3 and blockchain technology recently.
In a new development, Web3 marketplace...
Influential UK MPs Push for Crypto Trading to be Classified as Gambling
17.5.2023
The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service.
On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble...
Axie Infinity Price Pumps 13% After App Store Listing, While AiDoge Hits $8.5 Million
17.5.2023
Axie Infinity (AXS) witnessed a magnificent +20% pump following breaking news that Axie Infinity: Origins will open access to Apple users across South America and Asia.
The huge surprise pump saw a green candle smash through the suppressive resistance of the MA20, rising up to reach the MA200 in...
Pepe Coin Price Prediction as PEPE Becomes Second Most Traded Meme Coin in the World – Is Now a Good Time to Buy?
17.5.2023
The price of PEPE Coin (PEPE) has dropped by 5% in the past 24 hours, falling to $0.00000158 as the wider crypto market sees as 0.5% decline today.
PEPE's current price means that it has lost 18% in a week and 63% since reaching an all-time high of $0.00000431 on May 5, although the meme token...
XRP Price Prediction as Judge Rules in Favor of Ripple to Deny SEC Motion to Seal Hinman Documents – XRP to $1?
17.5.2023
The XRP price has jumped by 5% in the past 24 hours, after the judge presiding over Ripple's case with the SEC denied the regulator's motion to seal important documents.
At $0.446896, XRP is up by 4% in a week but down by 13% in the last 30 days, with today's spike going some way towards reversing...
Coinbase CEO's Start-Up NewLimit Raises $40 Million to Increase Human Lifespan
17.5.2023
NewLimit, a startup co-founded by crypto exchange giant Coinbase CEO Brian Armstrong, has raised $40 million with a goal to add years to people's lives.
This longevity pharma startup, co-founded by former Google Ventures partner with a Stanford Ph.D. in bioengineering, Blake Byers, announced...
Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions
17.5.2023
US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms.
During a Tuesday Senate Banking Committee hearing, Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of now-collapsed...
Bitcoin Price Prediction: Assessing the Potential Support of the Upward Channel Near $26,800
17.5.2023
In the world of cryptocurrency, Bitcoin continues to be a subject of great interest and speculation.
As the price of Bitcoin experiences fluctuations, analysts and traders are constantly seeking insights into its future movements.
In this Bitcoin price prediction, we will focus on assessing...
Judge Torres Rules That SEC Cannot Seal Hinman Docs in Ripple Case
17.5.2023
The US Securities and Exchange Commission cannot seal certain documents in connection with a 2018 speech from agency’s former director Bill Hinman in its case against Ripple, a judge ruled on Tuesday.
The SEC wanted to seal entirely the “Hinman Speech documents” which have in them “nonpublic...
Hunan Province, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?
17.5.2023
Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.
Per the Changsha Evening News, via JDZ, three startup founders became the first people to be awarded CBDC loans from...
Best Crypto to Buy Now 16 March – The Graph, Lido DAO, Injective
17.5.2023
In a financial landscape characterized by soaring volatility, Bitcoin, the flagship cryptocurrency, is demonstrating a shift from its bullish trajectory that had set the tone for the year.
Today's trading pattern shows a notable pullback from last month's high of $31,046, presenting a murky...
Bitcoin Price Prediction as BTC Spikes Up 2% from Recent Bottom – Good Time to Buy Now?
16.5.2023
The price of Bitcoin has experienced a notable spike of 2% from its recent bottom, leading to speculation about the optimal time to buy the cryptocurrency.
This upward movement has caught the attention of investors and traders, who are now considering whether it presents a favorable opportunity...
Jump Trading Allegedly Supported Terra Before It Collapsed, New SEC Filings Show
16.5.2023
A US regulator’s court filings confirm that Jump Trading secretly supported Terraform Labs — the company behind the failed algorithmic stablecoin — about a year before the company collapsed.
The Securities and Exchange Commission filed a document last week showing a contract between Terraform...
Crypto Influencer Loomdart Pitches FTX 2.0 as the Path Forward for FTX Creditors
16.5.2023
Crypto veteran Loomdart is supporting an FTX reboot as a way to make creditors whole and increase trust in the industry.
Loomdart, who is also the co-founder of eGirl Capital, said an FTX relaunch could be successful if all users and creditors get a chunk of the platform. ...
Read More: Crypto...
Litecoin Price Prediction as Litecoin Halving Countdown Begins – Can LTC Reach $1,000 in 2023?
16.5.2023
The price of Litecoin (LTC), the cryptocurrency that powers the payments-focused layer-1 Litecoin blockchain protocol, has been surging in the last few days, despite consolidation seen in the broader crypto market.
As such, price predictions are upbeat.
LTC/USD was last changing hands just under...
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
16.5.2023
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
To fund this vision...
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
16.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round...
Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy
16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations.
The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness.
The report...