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Collective #662
20.5.2021
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Effect of Cryptocurrency Market Crash on NFTs
20.5.2021
On Tuesday, China placed further restrictions on financial institutions, continuing its 2017 ban on cryptocurrencies. With this, financial institutions and payment gateway companies in China are banned from providing any cryptocurrency-related services. On Wednesday, cryptocurrency exchanges opened...
Report: Over 100,000 African Youths Have Participated in Binance’s Crypto Education Initiative
20.5.2021
According to reports, over 100,000 African youths have taken part in Binance’s crypto and blockchain education barely a year after the learning program was launched. Dubbed the Binance Masterclass, the education initiative is aimed at equipping newcomers with basic knowledge about...
deFIRE and Coin360 Partner to Deliver Crypto Market Data
20.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Smart order routing engine deFIRE has announced a partnership with crypto metrics provider Coin360. The partners hope to build a mutually beneficial...
Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return
19.5.2021
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year...
Block.one to Make Voice NFT-based Amid Non-Fungibles Market Cool Down
19.5.2021
Dan Larimer, former CTO of Block.one, during the announcement of Voice in June 2019. Block.one, the developer of EOSIO, an open-sourced blockchain software, has decided to close its decentralized social media platform Voice to the public for several months to upgrade it from a fungible to...
‘Bitcoin Is Dead’- Crypto Market Carnage Invokes Haters and BTC Obituaries
19.5.2021
Digital currency markets have shed billions in value over the past week and during the market carnage, bitcoin haters have come out in flocks. Moreover, according to numerous crypto skeptics, bitcoin has officially died 21 times this year and this week’s downturn is sure to provide another...
Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
The TCOIN Token to Chart a New Course in the Tourism Industry
19.5.2021
PRESS RELEASE. Blockchain-backed ecosystem, the Travel Coin Project, set to challenge the status quo by leveraging the ever-growing technology. The Travel Coin project is looking like a gamechanger in the tourism industry as the blockchain-backed solution is looking to bring freedom to different...
[článek] Tomáš Szkandera (K2): Řadu e-shopů brzdí v dalším růstu technologie a systém, na kterých běží
19.5.2021
[MarketVoice] [9 minut čtení] Část majitelů e-shopů si neuvědomuje, jaké mohou být dopady odkládání řešení problémů se systémem, na kterém jejich byznys jede. „Podceňují stížnosti od zákazníků i připomínky od svých zaměstnanců,“ konstatuje ředitel vývoje IT společnosti K2 Tomáš Szkandera. Ostravská...
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
18.5.2021
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
18.5.2021
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink...
Coinbase Shares Down 27%, $1.2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’
18.5.2021
Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. Coinbase...
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
18.5.2021
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that...
Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter
17.5.2021
Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur expressed his feelings about the situation, posting a laser eyes photo of himself accompanied with a short caption, “Buying The Dip.” Myspace Tom Tweets...
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
17.5.2021
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto asset bitcoin has seen its market dominance drop to 40% of the crypto economy’s overall valuation. Bitcoin’s dominance index...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
17.5.2021
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX...
Crypto Market Sentiment Slips, Tether Wins, Bitcoin Loses Week
17.5.2021
Following a string of rises, albeit a short one, the crypto market sentiment saw a drop over the past week, but one that was not large enough to push it out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell to 6.21 compared to last...
Elongate: Market Rereads Bitcoin FUD Playbook & Waits For The Next Tweet
17.5.2021
Source: a screenshot of a tweet by Elon Musk on April 1, 2018.
The Cryptoverse is hard at work debunking Tesla chief Elon Musk's Bitcoin (BTC) criticism, with many accusing him of narcissism and market manipulation, while some trying to guess what else might be used from the BTC FUD (fear...
Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
17.5.2021
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419.75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411.25. Before the latest adjustment,...