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India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST
24.5.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened to the crypto market...
Market Wrap: Bitcoin Unable to Hold $30K, Altcoins Mixed
23.5.2022
Bitcoin (BTC) tumbled later in the New York trading day, while alts were mixed and Fantom's FTM rallied. Will a peak in the U.S. dollar offer relief for bitcoin?
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
23.5.2022
FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech
23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...
Amid Market Downturn, ‘Goblintown’ NFTs Have Their Moment
23.5.2022
The goblin-themed PFP collection did over $7 million in sales volume this weekend, fueled by rumors a larger team could be behind the scenes
Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds Likely
23.5.2022
Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term....
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Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market
23.5.2022
Investors pulled out $154 million from bitcoin funds last week, a stark reversal from the $299 million of inflows reported for the prior period, according to CoinShares
Biggest Movers: FTM, ETC Lead Crypto Gainers to Start the Week
23.5.2022
ETC rose by over 10% to start the trading week, as prices rose to a two-week high on Monday. FTM also saw its value increase during today’s session, climbing by nearly 20% earlier in the day. Ethereum Classic (ETC) ETC was one of the most notable gainers during Monday’s session,...
Monero enters 'overbought' danger zone after XMR price gains 75% in two weeks
23.5.2022
XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern
Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’
23.5.2022
BTC price is yet to decide on a target as $30,000 just about holds into the new week's Wall Street trading
Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’
23.5.2022
Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient -- but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before....
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Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments
23.5.2022
Bitcoin rallied to above $30,000 to start the week, as bulls returned to crypto markets on Monday. The news comes as it was announced that fashion brand Balenciaga is set to accept crypto payments. ETH also moved higher on the news. Bitcoin BTC climbed to its highest point in four days earlier...
WEF 2022: Serious people to stay in crypto despite market setbacks, says CCI CEO Sheila Warren
23.5.2022
Sheila Warren, the CEO of Crypto Council of Innovation (CCI), shared her insights in an interview with Cointelegraph at the World Economic Forum
Bitcoin and Ethereum Inch Higher, NEO and FTM Rally
23.5.2022
Bitcoin price is showing positive signs above the USD 29,500 pivot level and is currently (11:30 UTC) testing the USD 30,500 level, having increased almost 2% in a day. It’s still down almost 3% in a week.
Similarly, most major altcoins are also moving higher. ETH must clear USD 2,120 to gain...
Binance CEO Shares Lessons Learned From Terra Fall, Says He is 'Pleased by the Crypto Industry Resilience'
23.5.2022
Addressing the historic fall of the Terra (LUNA) ecosystem, major crypto exchange Binance CEO Changpeng Zhao (CZ) said that he is "pleased by the resilience the crypto industry has shown." However, he also shared some lessons that the industry should learn from the Terra fallout.
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LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea
23.5.2022
Terra (LUNA) holders have sent over LUNA 273m to the burn address provided by the Terraform Labs founder and CEO Do Kwon in a bid to reduce the token supply - an idea that Do Kwon is not in support of....
Read More: LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...
Bitcoin and Ethereum Remain Supported, XTZ and AXS Accelerate
23.5.2022
Bitcoin price remained well bid above the USD 28,500 level and started a fresh increase above the USD 30,000 resistance. It is currently (04:03 UTC) trading near USD 30,200 and facing a strong resistance near the USD 30,500. BTC is up almost 3% in a day and is still down almost 4% in...
CFTC Chairman Confirms Bitcoin, Ether Are Commodities
23.5.2022
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer...
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
22.5.2022
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today...