Quick Look
Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’
Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC’s “Chartmaster.” In an...
Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation
Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC)...
Swiss Sygnum Bank to offer custody for Internet Computer token
Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum...
MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%
Ethereum infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing...
Coinbase Shares Down 27%, $1.2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’
Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over...
New Official Partnership : Digital Finance Group (DFG) Joins the Ternoa Adventure
PRESS RELEASE. After announcing two major partnerships with Master Ventures and GD10 Ventures, the famous investment firm DFG now takes...
Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending...
Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe
Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six...
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The...
Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations...
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not...
1.1M noobs panic sell, but Bitcoin hodlers DGAF
While new entrants to Bitcoin markets have been panic selling at a loss, the recent market slide has not vexed the old hands. Heavy...
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure...
Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut...
Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management...
Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Bitcoin (BTC) plummeted to an intraday low near $42,000 today, dropping 35% from its all-time high at $64,849.27. Over the weekend the...
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from...
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed...
Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter
Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur...
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
Bitcoin’s 51.4% crash in March 2020 was the most horrific 24-hour black swan event in the digital asset’s history. The recent...
Global Payments and GoCrypto Shape the New Era of Payments
PRESS RELEASE. 17 May 2021 – The adoption of crypto payments by one of the world’s biggest payment solution providers can mean...
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally,...
Yay or nay? New petition demands Elon Musk sell all his Bitcoin
Tesla and SpaceX CEO and self-proclaimed “Dogefather” Elon Musk should sell his Bitcoin holdings, said hodlers. A new petition...
Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’
Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to...
Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting...
Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
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...
Elon Musk hints Tesla may offload BTC, goes to war with crypto Twitter
Elon Musk appears to have again been the catalyst for Bitcoin’s (BTC) price shedding more than 10% over the weekend after Tesla’s CEO...
Banking system consumes two times more energy than Bitcoin: Research
Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much...
Almost all major Bitcoin mining pools now signaling for Taproot activation
Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation. The top-10 Bitcoin (BTC)...
Bitcoin price metric flashes rare ‘buy the dip’ opportunity at $42K lows
Bitcoin (BTC) is facing a make-or-break moment this week as a classic indicator signals a price watershed. According to the network value...
Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week
Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next? After a traumatic...
Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is...
Bitcoin crisis, Elon Musk criticized, Ether thrives, Dogecoin survives: Hodler’s Digest, May 9–15
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Bitcoin market dominance falls to three-year low of 40%
While Bitcoin tumbles in response to Elon Musk’s Twitter account yet again, altcoin dominance has surged to its highest level in roughly...
Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company...
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the...
Investors Confuse Ethan Allen With Ethereum: Shares up 50% Over Average Price
Ethan Allen, a U.S.-based furniture company, has been getting strange traction in markets this year, due to an interesting coincidence....
Shiba Inu Crypto Investors Turn Multimillionaires After Almost Jobless, Relying on Stimulus Checks
Two brothers have shared the story of how they became millionaires after investing in Shiba Inu, the cryptocurrency nicknamed...
Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed...
Bitcoin slips below $46K as correction deepens; institutions keep accumulating
Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term...
Top 5 cryptocurrencies to watch this week: BTC, XRP, DOT, XLM, SOL
Bitcoin (BTC) has been struggling to rise above the $50,000 mark, which could have resulted in traders dumping their Bitcoin positions to...
Here’s how Bitcoin’s intraday volatility complicates leverage trading
The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure...
Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process
Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the...
Crypto Markets Take Deep Losses, Global Trade Volumes Skyrocket, Elon Battles Crypto Twitter
Bitcoin and a slew of digital currency markets are seeing significant losses on Sunday as a majority of coins are down between 2-15%...
Elon Musk Doubles Down on Dogecoin, Tweets About Ideal Improvements
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set...
Mark Cuban to Elon Musk: Accepting Bitcoin Will Actually Benefit the Environment
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies,...
Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value
As corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of...
Solana pumps to all-time high as Bitcoin, altcoins lag
Solana’s native SOL token is charting new highs on Sunday, gaining in U.S. dollars and in Bitcoin (BTC) on the back of growing network...
Norwegian Billionaire: Bitcoin Becoming Mainstream Is Inevitable — Elon Musk’s Comments ‘Haven’t Changed Anything’
Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting...
John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied to Consumerism
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical...
Bitcoin Cash Upgrades Successfully: Network Works as Intended
On May 15, the Bitcoin Cash upgrade was applied successfully to the blockchain, bringing a slew of features directed toward improving the...
Cobie Livestream Raises $800,000 in Crypto to Pay Child’s Cancer Treatment
Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a...
Iranian Tax Agency to Profile Owners of Cryptocurrency Exchanges
Cryptocurrencies have been a cause for concern in Teheran as the digital assets have attracted capital from other, traditional markets....
Major Music Festival Exit Takes Bitcoin for Tickets
A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services. This year’s...
While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars
This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global...
Grayscale Fund Touts ETF Conversion as Price Discount Issue Solution
Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an...
Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation
Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it...
Maximalists at the movies: Bitcoiners crowdfunding anti-FUD documentary film
As the headlines pile up about Bitcoin’s calamitous environmental impact, one group of investors and supporters have stepped up to the...
DeFi growth helps push crypto’s share of the global money supply above 2%
This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making...
Square CEO Says ‘Bitcoin Changes Everything for the Better’
The CEO of Square Inc. says that “bitcoin changes everything for the better.” His comment followed one from Square’s CFO...
Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case
Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case...
VORTECS Report: Dammit, Musk, now you’re messing with AAVE too?
Who knew what, and when did they know it? Investigating Watergate in 1973, Senator Howard Baker Jr. wanted the answer. Thanks to a couple...
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A...
As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the...
US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments
A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director...
Summer shorts: NANO price spike gives traders a chance to bet against the rally
When Elon Musk’s ‘Bitcoin is bad for the environment’ tweet caused a flash crash of BTC and the majority of altcoins’ prices earlier this...
Cardano smashes $2 resistance as bullish signals enter for Bitcoin price
Cardano’s ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak...
A Decade of Self-Professed Satoshi Nakamotos- Where Are These Claimants Now?
The mysterious creator of bitcoin has always been a topical conversation and over the years, a great number of self-proclaimed blockchain...
Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies
DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The...
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company...
Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat...
Samsung Adds Support for Hardware Wallets on Galaxy Smartphones
Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most...
Altcoins pop while Bitcoin looks for support near $50,000
Bitcoin (BTC) continues to look for direction but as this occurred, Ether and altcoins bounced higher from the May 13 sell-off. Dogecoin...
The Fear Factor: A Volatility Index for Crypto Arrives
As Coti ramps up efforts to bring a decentralized fear index to crypto, it has enlisted the help of Professor Dan Galai, one of the...
Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital...
Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto...
Kusama (KSM) price hits new highs as parachain auctions begin to take shape
Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and...
Ciphertrace Report Shows Crypto Crime Moving to Defi
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance...
Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after...
As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species
As Bitcoin looks to recover on Friday from a stomach-churning dip on the back of a strong bid, on-chain data indicates that high-net-worth...
Chance of a price crash increases as Cardano (ADA) futures near $1B
The impressive 816% gain of Cardano’s ADA coin in 2021 catapulted the smart contract platform’s market capitalization to $61...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon...
Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the...
Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNI
The Crypto Fear and Greed Index has dipped to levels not seen since April 2020, indicating that traders are nervous about Tesla...
Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin
One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the...
IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them...
Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the...
Crypto PR: The good, the bad and the shoddy
Like most crypto journalists, Will Foxley has a horror story about a bad encounter he had with a dodgy PR person. The former tech reporter...