Generate profits even in volatile markets with Bexplus

The cryptocurrency market repeated Black Thursday last Wednesday, and many coins have depreciated by more than 30% in 24 hours. The bloodbath wiped out $350 billion from the crypto market. Ether plThe post Generate profits even in volatile markets with Bexplus appeared first on AMBCrypto. дальше »

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Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin

On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). дальше »

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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U. дальше »

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Ripple CEO Says Firm Could Go Public Once SEC Case Is Resolved

Again, Ripple Confirms Plan To Go Public Garlinghouse made this known during a Wednesday talk at the Consensus by CoinDesk 2021 conference. The CEO was asked whether Ripple would become a public company, to which he replied that the likelihood is “very high at some point. дальше »

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Iran bans crypto mining – a long period of inactivity ahead for miners

In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. дальше »

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PayPal users will be able to withdraw crypto to external wallets

Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform.

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Iran Blaming Bitcoin Mining for Blackouts Yet Again, Bans Crypto Mining for Four Months

Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22. дальше »

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Where to buy Polygon (MATIC) after Wednesday’s surge higher

The price of Polygon MATIC/USD surged higher Wednesday morning, in part due to the cryptocurrency’s new backer: billionaire tech investor Mark Cuban. Polygon’s official Twitter account confirmed its inclusion as a Mark Cuban portfolio company although specific financial details were not disclosed. дальше »

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Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million

There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. дальше »

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CME Bitcoin Open Interest Increases by 850 Contracts This Week

Black Wednesday ended up wiping out more than $7. 5 billion in Bitcoin open interest and is currently at levels last seen in early February. With almost all the 2021 uptrend retracted by the market and billions of dollars cleared out in liquidations, it makes sense that the OI would also get more than halved. дальше »

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Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong

Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong.  Despite these changes, crypto […] дальше »

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'Pained' alts like Ethereum, XRP, Cardano have this to look forward to

The market has been quite turbulent over the past few days, but the price depreciation on Wednesday managed to leave evident scars. Bitcoin, the market's crypto-leader, led the crash and most alts, baThe post 'Pained' alts like Ethereum, XRP, Cardano have this to look forward to appeared first on AMBCrypto. дальше »

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Crypto Crash Cost Ethereum Boss His Billionaire Status, Said We’re Caught In A Bubble

As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1. 1 billion on the morning of the downturn. дальше »

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Google Search Interest for Crypto Worldwide Hits New ATH

Statistics from Google search trends show a high level of interest in cryptocurrency from retail investors, with search interest reaching an all-time high (ATH) globally.  Retail Interest in Crypto Skyrockets  According to a tweet on Wednesday (May 19, 2021), a graph showed that more people were searching for the word cryptocurrency, with search interest surpassingRead More дальше »

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Report: Bitcoin to Bounce Back From Black Wednesday Crash

A report from Stack Funds suggests that Bitcoin dominance is about to experience a… The post Report: Bitcoin to Bounce Back From Black Wednesday Crash appeared first on Coin Journal. дальше »

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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% […] дальше »

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Deutsche Bank Analyst Channels Karl Lagerfeld in Scathing Review of Bitcoin

This statement came on the back of Wednesday’s market plunge, which saw bitcoin lose 22% of its value, hitting a three-month low of $32,129. The post Deutsche Bank Analyst Channels Karl Lagerfeld in Scathing Review of Bitcoin appeared first on BeInCrypto. дальше »

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European Central Bank (ECB) Vice President Shreds Cryptocurrencies Amid Market Crash

Crypto Has Weak Fundamentals Speaking in an interview with Bloomberg TV on Wednesday, Guindos said that this is primarily due to the novel industry's weak fundamentals. “When you have difficulties finding out what are the real fundamentals of an investment, then what you're doing is not a real investment. дальше »

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How to buy Cardano as ADA re-tests $2 level

The price of Cardano ADA/USD was hard hit on Wednesday along with the broader cryptocurrency market. Despite the selloff in Cardano price, the “green” cryptocurrency is still up sharply for 2021 having entered the new year at around $0. дальше »

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3 cryptocurrencies to buy after Wednesday’s dip

If you have been considering venturing into the cryptocurrency universe this year, this might be the perfect chance to pick up several coins at more attractive prices. If you are looking to buy cryptocurrencies today, there are three strong blockchain projects worth your attention. дальше »

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Dogecoin price rebounds 50% on Thursday: here’s how to buy Dogecoin now

The price of Dogecoin DOGE/USD regained the $0. 40 level on Thursday after trading near the $0. 30 level on Wednesday during the broader cryptocurrency selloff. Now that Dogecoin is up more than 50% over the past 24 hours, many investors are wondering if now is a good time to buy Dogecoin. дальше »

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Record Liquidations on Black Wednesday: Over-Leveraged Degen Traders Yet Again Behind the Latest Wipe-Out

“Bitcoin markets broke today. Similarly to how it happened on Black Thursday, to a lesser extent and with a considerably larger bid waiting to come in,” noted trader and economist Alex Kruger. While this sell-off must have seen some spot selling, liquidations have been particularly the highlight, much like April 17’s $10. дальше »

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Bitcoin Back to $42K, Nearly Recovering All of Wednesday’s Losses

That didn't take long: Bitcoin is already back to where it was at the start of Wednesday, just before the biggest sell-off in 14 months. дальше »

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Ether Gas Prices Eclipsed 2000 Gwei on Black Wednesday

On Black Wednesday, the price of Ether crashed to $1,900 on Coinbase, representing a 56. 6% drawdown from ATH of $2,380. While the market is recovering today, with Ether currently trading around $2,900, the market-wide sell-off yet again proved to be brutal for Ethereum network users. дальше »

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Hopium for Bitcoiners: Stablecoins Minted, Coinbase Premium, & Double Pump

After Black Thursday, we had a brutal Black Wednesday that wiped out billions of dollars from the entire cryptocurrency market. Bitcoin crashed to $30,000 on Coinbase, representing a nearly 54% drawdown. дальше »

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Despite the market’s dip cryptocurrency will likely see a roller coaster ride

Bitcoin took a massive nosedive on Wednesday, dropping as much as 24% within hours. The world’s most valuable cryptocurrency has now shed an astonishing $500 billion in aggregate market value. дальше »

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Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump

Stocks of Chinese publicly listed companies fell sharply today after cryptocurrencies like Bitcoin, Ethereum, and others plunged massively on Wednesday, data from multiple sources shows. The post Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump appeared first on CryptoSlate. дальше »

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Crypto Liquidations Rampant As the Market Experiences Worst Crash Since March 2020

The world’s most successful cryptocurrency, according to Coin Metrics, plummeted by 30 percent on Wednesday morning to just above $30. 000. The price is slowly regaining momentum towards the $40,000 mark. дальше »

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Dogecoin, Bitcoin Cash, EOS price analysis roundup

The cryptocurrency market remains under pressure, the price of Bitcoin went below $31000 support this Wednesday, and the risk of further declines is still not over. Bank of China announced that digital tokens couldn’t be used as a form of payment, and this announcement created a sell-off. дальше »

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Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy

Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. дальше »

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What is the better Bitcoin stock to buy now: Riot Blockchain or Marathon Digital?

The price of bitcoin (BTC/USD) has plunged over the last few days and the selloff intensified Wednesday. Bitcoin’s extreme volatility, namely a correction of more than $20,000 from its highs, has some wondering if there are safer ways to gain exposure to the digital currency. дальше »

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Bitcoin and Ethereum Crash on Black Wednesday

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Black Thursday All Over Again? Analyst Explains Bitcoin Could Drop to $30,000

Bitcoin has been trending down for five days now. Another piece of bad news came Wednesday, as the People’s Bank of China said digital tokens can’t be used as a form of payment. After the announcement, both BTC and ETH saw a 5% drop. дальше »

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Should you buy cryptocurrencies after Wednesday’s selloff?

The price of Bitcoin BTC/USD lost 20% Wednesday morning, bringing its seven-day losing tally to around 36%. The weakness extended beyond Bitcoin as many high-profiled cryptocurrency names were also down sharply. дальше »

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Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week

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. дальше »

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Bitcoin sinks below $40k to hit 14-week low on bloody Wednesday

Bitcoin’s value against the US dollar reached its lowest level since February 8, when… The post Bitcoin sinks below $40k to hit 14-week low on bloody Wednesday appeared first on Coin Journal. дальше »

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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 industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. дальше »

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Why there might be more to Tesla's suspension of Bitcoin payments

The long-fought Bitcoin energy debate resurfaced afresh on late Wednesday after Tesla CEO Elon Musk announced that his company had suspended vehicle purchases using Bitcoin owing to concerns over its The post Why there might be more to Tesla's suspension of Bitcoin payments appeared first on AMBCrypto. дальше »

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Bitwise launches crypto ETF (but not exactly the kind everyone’s waiting for)

San Francisco-based crypto investment company Bitwise Asset Management has announced the launch of its Bitwise Crypto Industry Innovators (BITQ) exchange-traded fund on Wednesday. The post Bitwise launches crypto ETF (but not exactly the kind everyone’s waiting for) appeared first on CryptoSlate. дальше »

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Bitcoin Fans Are Absolutely Furious at Elon Musk

Pump and Dump On Wednesday evening, Tesla CEO Elon Musk announced that the automaker would no longer accept Bitcoin payments just months after it first started to. The move sent shockwaves through the Bitcoin community — and caused the crypto’s value to plummet, according to CNBC — and Bitcoin holders accusing Musk of manipulating the […] The post Bitcoin Fans Are Absolutely Furious at Elon Musk appeared first on Futurism. дальше »

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Another $25 Million Gone, This Time xToken Was Exploited

“Minting on all contracts has been paused as we investigate reports,” tweeted xToken protocol on Wednesday before announcing that they have been exploited, nearly $25 million stolen. The Peckshield audited decentralized passive investing protocol had its liquidity pools drained. дальше »

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Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’

Automotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency. дальше »

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Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund

On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. дальше »

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MoneyGram Partners With Coinme to Enable Customers Buy Bitcoin in the U.S.

Money transfer giant MoneyGram would allow users in the United States to buy and sell bitcoin at its retail stores across the country.  MoneyGram Enabling Retail Bitcoin Purchase In a press release on Wednesday (May 12, 2021), the company inked a partnership deal with major cryptocurrency cash exchange Coinme to allow U.S. customers buy andRead More дальше »

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Ethernity Chain Memorializes Tony Hawk’s Latest 540 Skate Trick With NFT

Tony Hawk, an iconic skater, will soon have his NFT collection, thanks to Ethernity Chain. As per the announcement, Hawk’s new non-fungible token (NFT) collection will be launched on Wednesday, May 12, 2021. дальше »

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Ethereum Approach 500% Gain In 2021 As Crypto Market Cap Surge Above $2.5 Trillion

After hitting its new ATH of $4350, Ethereum price was up approximately 7.9% on Wednesday, May 12, 2021, and trading around $4,291 at the time of reporting according to TradingView. ETH Price Push Up Crypto Market Cap The second-largest cryptocurrency shattered its previous all-time high of $4,000 on May 10, en route to reaching $4,345, […] дальше »

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Ethereum buy orders push 2021 gains to over 500%

Ethereum (ETH) recorded a new ATH on Wednesday, continuing to outperform Bitcoin in 2021Ethereum’s… The post Ethereum buy orders push 2021 gains to over 500% appeared first on Coin Journal. дальше »

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Iran Bans Trading Of Foreign-Mined Cryptocurrencies

According to a news report by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries. Regulators Have Issued Thousands Of Licenses For Mining According to a tweet from news organization Iran International, Iran’s Central Bank announced a Cabinet decision on Wednesday requiring […] дальше »

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Coinbase to close San Francisco headquarters to go ‘remote first’

United States crypto exchange Coinbase is closing down its San Francisco headquarters in order to become a ‘remote first’ business, it announced in a release Wednesday. The post Coinbase to close San Francisco headquarters to go ‘remote first’ appeared first on CryptoSlate. дальше »

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Should I buy Dogecoin ahead of Elon Musk’s potential clash with ‘SNL’ actors?

Dogecoin flirted with the $0. 70 level for the first time ever on Wednesday but the popular Elon Musk-backed DOGE fell back to the $0. 60 level. It is likely that Dogecoin price could go through a period of volatility ahead of Musk’s Saturday Night Live debut. дальше »

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