Cryptocurrency news

• Bitcoin retests key $30K support zone as data highlights BTC whale accumulation

  09-05-2022 23:30 via cointelegraph.com
  
  Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone.
  
  Read more

• Ethereum Miners Surpass Bitcoin Miner Revenue By $224M

  09-05-2022 23:00 via newsbtc.com
  
  After the continuous sink in the mining profitability of both digital assets year-on-year, Bitcoin miners have been set back to seats as Ethereum miners consecutively surpassed them in mining revenue and recorded a gap of $224 million in April 2022.
  This month was not so good for Bitcoin miners as they were able to generate around $1.16 billion only. Notably, this figure is down by $44 million from the previous month’s mining revenue of Bitcoin. The last month saw $1.7 billion in recorded
  
  Read more

• 42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles

  09-05-2022 22:46 via cointelegraph.com
  
  The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply.
  
  Read more

• Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece

  09-05-2022 22:30 via cointelegraph.com
  
  Tokeny claims the tokens are complaint with both the Ethereum and Polygon blockchains.
  
  Read more

• Advertisement

• Pro traders adopt a hands-off approach as Bitcoin price explores new lows

  09-05-2022 22:21 via cointelegraph.com
  
  Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.
  
  Read more

• IMF recommends The Bahamas 'accelerate its education campaigns' on CBDC

  09-05-2022 21:45 via cointelegraph.com
  
  In addition to recommending financially educating the public in The Bahamas, the IMF hinted at the importance of “robust supervisory and regulatory framework” for digital assets.
  
  Read more

• Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022

  09-05-2022 21:18 via cointelegraph.com
  
  Last week was marked by reinvigorated discussion on crypto 401(k) among high-profile US policymakers.
  
  Read more

• Bitcoin Slips Below $33k As Exchange Inflows Reach Highest Value Since July 2021

  09-05-2022 21:00 via newsbtc.com
  
  Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k.
  Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021
  As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp increase recently.
  The “all exchanges inflow” is an indicator that measures the total amount of Bitcoin moving into exchange wallets.
  When the value of this metric rises, it means an
  
  Read more

• Advertisement

• Head of Bitstamp’s European arm becomes latest CEO of global crypto exchange

  09-05-2022 20:45 via cointelegraph.com
  Nejc Kodrič, Julian Sawyer and now Jean-Baptiste Graftieaux... It's unclear what led to the latest change in leadership of one of the oldest crypto exchanges.
  
  Read more

• Shiba Inu: Why the cryptocurrencys price crashed and what to expect? - Marca English

  09-05-2022 20:34 via marca.com
  
  Shiba Inu: Why the cryptocurrencys price crashed and what to expect?  Marca English
  
  Read more

• Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside

  09-05-2022 20:05 via cointelegraph.com
  
  BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks.
  
  Read more

• Compound Treasury receives B- credit rating from S&P Global Ratings

  09-05-2022 19:45 via cointelegraph.com
  Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.
  
  Read more

• PlayMining NFT Premier Will Host Project B-Idol Music NFTs product By INIMI

  09-05-2022 19:23 via newsbtc.com
  
  Artist collaborations will play a key role in the future of NFT development. For example, Entertainment Asset Pte, Ltd, or DEA, is working with INIMI to launch a digital idol project. In addition, working with a music artist collective will lead to a limited set of music NFTs, ushering in a new era for non-fungible tokens.
  Project B-IDOL Is Coming Soon
  NFT technology often revolves around digital artwork, which can be linked to real-world art, although it doesn’t have to be. However, non-f
  
  Read more

• Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT

  09-05-2022 19:07 via cointelegraph.com
  
  BTC and many altcoins are fast approaching the “capitulation phase,” which is typically followed by the market finding a bottom.
  
  Read more

• Galaxy Digital reports $112M Q1 loss, citing crypto price volatility

  09-05-2022 19:00 via cointelegraph.com
  
  Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.
  
  Read more

• Bitcoin Price Hits Three-Month Low, What’s Driving This?

  09-05-2022 19:00 via newsbtc.com
  
  At this point, it is no longer news that bitcoin has now hit its lowest point in three months. The last time the digital asset had seen its price break below $34,000 had been in late January but had continued to hold up well after this. Last time, the low market momentum following the market crash on December 4th had been the culprit. This time around, a whole different beast is behind the wheel of the tumbling asset value.
  Stock Market On The Rocks
  Bitcoin’s correlation with the stock mar
  
  Read more

• Over 20 investment funds hold Dash, and 40 more plan to add it: Report

  09-05-2022 18:11 via cointelegraph.com
  
  Are investors piling into Dash in anticipation of the mainnet launch of Dash Platform, expected in 2022?
  
  Read more

• Crypto Traders Lost $421 Million In Liquidations For The Past 24 Hours

  09-05-2022 18:00 via newsbtc.com
  
  The crypto market has been bouncing back and forth in the past few days. Over 124,003 traders saw more than $421 million liquidated in a 24-hour period as prices tumbled wildly throughout yesterday and today.
  The crypto market is falling to new lows not seen since November. With a total loss of $421 million, Bitcoin (BTC) accounted for most of the losses, followed closely by Ethereum (ETH). 
  Related Reading | TA: Ethereum Bears Aim Big After Recent Breakdown Below $2.5K
  Crypto Traders Liqui
  
  Read more

• Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza

  09-05-2022 17:55 via cointelegraph.com
  
  Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever, but are metaverse communities turning into gated communities?
  
  Read more

• Making money on crypto? Yes, the IRS expects a cut - CNN

  09-05-2022 17:44 via cnn.com
  
  Making money on crypto? Yes, the IRS expects a cut  CNN
  
  Read more

• Meta will test digital collectibles on Instagram starting this week

  09-05-2022 17:00 via cointelegraph.com
  
  According to Mark Zuckerberg, Meta was planning to “bring similar functionality to Facebook soon” and working on “augmented reality NFTs” for Instagram as well.
  
  Read more

• Bitcoin Price Plummets To Lowest Point In 2022, Will $33,000 Hold?

  09-05-2022 16:26 via newsbtc.com
  
  Bitcoin price had a treacherous weekend, capping off what has been nearly a 20% loss since the Fed meeting last week. The selloff has now taken the top cryptocurrency by market cap to the lowest point all year, setting a significant lower low for the first time in 2022.
  With BTCUSD at $33,000 per coin, will higher timeframe monthly support hold?
  Bitcoin Price Sets 2022 Lower Low: Where Is The Bottom?
  Bitcoin price is down 32% from April 2022 highs, and has shed 50% from its 2021 peak. The last y
  
  Read more

• SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway

  09-05-2022 16:04 via cointelegraph.com
  
  Shiba Inu developer promises a bright future with an upcoming NFT gaming project, but SHIB price continues to fall.
  
  Read more

• Demand for Plutus Card’s 8% Crypto Cashback Release Explodes After Crypto.com Saga

  09-05-2022 15:52 via newsbtc.com
  
  If there is any way to bring in customers that is almost foolproof, it is through bonuses, rewards, and perks. Different industries have done this for years and now, it seems that Crypto is doing the same.
  As more people are enthusiastically embracing cryptocurrency, many more firms in the FinTech space are offering rewards, and experiencing positive consumer results.
  One of the latest examples of this is Plutus, a Crypto finance app that, on March 31, 2022, launched a new rewards programme that
  
  Read more

• Question of centralization faces growing crypto insurance industry

  09-05-2022 15:03 via cointelegraph.com
  
  Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?
  
  Read more

• Staking via hardware crypto wallet: Ledger exec explains how it works

  09-05-2022 15:00 via cointelegraph.com
  
  Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise.
  
  Read more

• 6 Ways to Make Money with Cryptocurrency in 2022 - Analytics Insight

  09-05-2022 14:04 via analyticsinsight.net
  6 Ways to Make Money with Cryptocurrency in 2022  Analytics Insight
  
  Read more

• Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible'

  09-05-2022 13:56 via cointelegraph.com
  
  Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week.
  
  Read more

• Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’

  09-05-2022 13:56 via cointelegraph.com
  
  Below $30,000 is now traders’ preferred prognosis for Bitcoin price action with no let-up in the sell-off this week.
  
  Read more

• Deribit and OKX attract significant traffic from China despite a blanket ban: report

  09-05-2022 13:41 via cointelegraph.com
  
  Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.
  
  Read more

• Japanese e-commerce site adopts BTC and XRP payments for used cars

  09-05-2022 13:10 via cointelegraph.com
  
  The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site.
  
  Read more

• Monero avoids crypto market rout, but XMR price still risks 20% drop by June

  09-05-2022 12:30 via cointelegraph.com
  
  XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month.
  
  Read more

• Indian central securities depository to back up its monitoring of bonds by blockchain

  09-05-2022 12:06 via cointelegraph.com
  
  In the future, India's NDSL and the Securities Board division will welcome other entities to join the decentralized network.
  
  Read more

• Quelle surprise: Central African banks scold the CAR for Bitcoin adoption

  09-05-2022 11:48 via cointelegraph.com
  
  The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States.
  
  Read more

• Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption

  09-05-2022 11:48 via cointelegraph.com
  
  The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States.
  
  Read more

• Deutsche Börse appoints SEBA Bank as new issuer of Cryptocurrency ETNs - HedgeWeek

  09-05-2022 11:26 via hedgeweek.com
  Deutsche Börse appoints SEBA Bank as new issuer of Cryptocurrency ETNs  HedgeWeek
  
  Read more

• Cryptocurrency doors are open - Recruiter

  09-05-2022 11:22 via recruiter.co.uk
  Cryptocurrency doors are open  Recruiter
  
  Read more

• From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya

  09-05-2022 11:00 via cointelegraph.com
  
  NEAR Foundation backs Kenya-based blockchain community Sankore to educate and train blockchain developers and analysts to support the growth of local projects.
  
  Read more

• BDSwiss expands its cryptocurrency offering with 9 new CFDs - ZAWYA

  09-05-2022 11:00 via zawya.com
  BDSwiss expands its cryptocurrency offering with 9 new CFDs  ZAWYA
  
  Read more

• Binance takes legal action against fake billboard ads in Turkey

  09-05-2022 10:23 via cointelegraph.com
  
  Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities.
  
  Read more

• Why should you HODL onto your cryptocurrency? - Crypto Mode

  09-05-2022 10:21 via cryptomode.com
  
  Why should you HODL onto your cryptocurrency?  Crypto Mode
  
  Read more

• Stolen funds from cryptocurrency platforms saw a rise in 2020: Report - The Financial Express

  09-05-2022 10:17 via financialexpress.com
  
  Stolen funds from cryptocurrency platforms saw a rise in 2020: Report  The Financial Express
  
  Read more

• First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week

  09-05-2022 10:08 via cointelegraph.com
  
  Clouds on the horizon grow nearer as markets prepare for more inflation cues this week.
  
  Read more

• LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

  09-05-2022 09:47 via cointelegraph.com
  
  LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.
  
  Read more

• Iowa cryptocurrency site eats up electricity | News, Sports, Jobs - Marshalltown Times Republican

  09-05-2022 09:01 via timesrepublican.com
  
  Iowa cryptocurrency site eats up electricity | News, Sports, Jobs  Marshalltown Times Republican
  
  Read more

• In Cuba, cryptocurrency gains momentum - NBC News

  09-05-2022 09:00 via nbcnews.com
  In Cuba, cryptocurrency gains momentum  NBC News
  
  Read more

• 3 reasons cryptocurrency prices are still tumbling - CBS News

  09-05-2022 09:00 via cbsnews.com
  
  3 reasons cryptocurrency prices are still tumbling  CBS News
  
  Read more

• How Can the Rise in Fuel Price Be Turned Into a Good Investment?

  09-05-2022 08:34 via newsbtc.com
  
  The oil industry has had a chaotic two years. Crude oil prices were down early in the COVID-19 pandemic; nevertheless, the price has now topped $100 per barrel. Moreover, the worldwide benchmark, Brent crude oil, is currently trading above $111 per barrel. There has been a considerable rise in gas prices worldwide because of the rise in oil prices.
  If prices continue to rise, as many economists predict, it would stifle economic development, induce decreased consumption, and, in some situations,
  
  Read more

• The Crypto Market is Down Again! Top 10 Cryptocurrency Prices on May 9th, 2022 - Analytics Insight

  09-05-2022 07:50 via analyticsinsight.net
  The Crypto Market is Down Again! Top 10 Cryptocurrency Prices on May 9th, 2022  Analytics Insight
  
  Read more

• Bitcoin whales jumping ship as exchange inflows reach 3-month high

  09-05-2022 07:42 via cointelegraph.com
  
  The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode.
  
  Read more

Follow @CryptoNewslock on Twitter!