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StreamCoin Announces 200M STRM Corporate ICO Investment by TNC IT Group
5.5.2022
PRESS RELEASE. StreamCoin revealed that it has secured a corporate ICO investment from blockchain consulting firm TNC IT Group. Specifically, TNC IT Group has purchased over 200 million STRM during the recently-concluded STRM public sale. The announcement came after StreamCoin revealed that it...
Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills
5.5.2022
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees...
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...
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...
After Binance Secures French License, New Hires Underway, Hopes for New Permits
5.5.2022
After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too.
The latest development marks the first time the platform secures such permission from...
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...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
4.5.2022
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4...
Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease
4.5.2022
Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
4.5.2022
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline...
Elon Musk May Launch Twitter IPO After Takeover - Report
4.5.2022
As Elon Musk is advancing his plan to buy Twitter in a deal valued at some USD 44bn, the Tesla CEO has reportedly told potential investors that the social platform could be returned to public ownership after a few years.
Musk declared that he intended to launch Twitter’s initial public offering...
Is Bitcoin price optimism fading after the crypto market’s rocky April?
3.5.2022
Approximately $3.8 million has been created or returned to the BTC network by whale addresses since the Russian-Ukrainian war began
PAX East Enforcer Dies From Covid 'After Being Exposed During The Convention'
3.5.2022
A PAX East Enforcer died from coronavirus after working at the convention last Saturday. Dawn “Deestar” Wood was well-regarded by other Enforcers who donated to the GoFundMe for her funeral (which met its goal in a single day). The organizer for the fundraiser emphasizes that Wood had “the most...
Bitcoin, Ethereum Technical Analysis: BTC Below $40,000 Prior to Wednesday’s Fed Meeting
3.5.2022
BTC continued to trade below $40,000 prior to Wednesday’s FOMC meeting, as crypto markets anticipated a potential rate hike. ETH was also trading close to its long-term support level, with many hoping for an end to current bearish sentiment, after tomorrow’s announcement. Bitcoin...
CRO Trims Losses as Crypto.com Scraps Plan to Cut Rewards After Community Backlash
3.5.2022
The crypto platform Crypto.com is again changing its stance on rewards in its own CRO token to cardholders, after a backlash from the community on plans to cut token rewards. CRO trimmed some of its earlier losses following the announcement.
At 13:07 UTC, CRO traded at almost USD 0.30 and...
Crypto.com Restarts Staking Rewards After Community Furor
3.5.2022
Staking rewards of as much as 8% would be offered to its card users, the company’s CEO said
Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency
3.5.2022
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its invasion of Ukraine. Bills Preventing Wealthy Russians From Using...
Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns
2.5.2022
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustainability” as a key reason. Wikipedia Discontinues Accepting Bitcoin, Crypto Donations...
Norwegian Police Warn Crypto Owners After Armed Robbery in Sweden
2.5.2022
Police in Norway have issued a warning to crypto owners, saying they should take measures to ensure their own security with things like multi-signature (multisig) solutions and alarm systems. The warning comes after a couple in Sweden in late April were assaulted and forced to hand over crypto...
ApeCoin Drops, Ether Trades Flat After Record $200M Gas Burn
2.5.2022
Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat