Cryptocurrency news

• G7 financial officials call on Financial Stability Board to step up crypto regulation—report

  19-05-2022 23:45 via cointelegraph.com
  
  Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process.
  
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• Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

  19-05-2022 23:15 via cointelegraph.com
  
  A popular BTC price metric points to “extreme fear” in the market, but contrarian investors say multiple on-chain metrics suggest Bitcoin is in buy territory.
  
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• Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins

  19-05-2022 23:00 via cointelegraph.com
  
  Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."
  
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• ​​Try topping this: PizzaDAO celebrating Bitcoin Pizza Day with 100 parties worldwide

  19-05-2022 22:30 via cointelegraph.com
  
  12 years to the day of the world's first Bitcoin pizza purchase, the celebrations still continue for what has become a slice of crypto culture.
  
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• SWIFT, Capgemini team up to test using the international network for CBDC transfers

  19-05-2022 22:00 via cointelegraph.com
  
  The bank messaging service, which dates back to the 1970s, is looking to connect CBDCs to each other and to traditional currencies as it tries to stay up to date.
  
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• How NFTs are making real estate investments more attainable

  19-05-2022 22:00 via cointelegraph.com
  
  Although real estate is often considered a safer investment over stocks, it isn’t for everyone, a reality leading many to look to the digital realm as an alternative.
  
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• Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

  19-05-2022 21:30 via cointelegraph.com
  
  The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.
  
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• Hyperledger Foundation deploy new versions of three blockchain tools to enhance ecosystem

  19-05-2022 21:15 via cointelegraph.com
  
  Two of the releases are in their primary iteration, while the latter titled Iroha is a preview version of its second release.
  
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• Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up

  19-05-2022 21:00 via newsbtc.com
  
  On-chain data shows the Bitcoin long-term holder SOPR has recently observed spikes, suggesting that this cohort is still continuing to sell.
  Bitcoin Long-Term Holder SOPR Spiked Up When Price Crossed $30k
  As pointed out by a CryptoQuant post, selling pressure in the market still looks to be high as long-term holders are also looking to sell.
  The “spent output profit ratio” is an indicator that tells us whether the overall market is selling Bitcoin at a profit or loss right now.
  The m
  
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• Cryptocurrency predictions for 2022: Chainalysis - Times of India

  19-05-2022 20:39 via timesofindia.indiatimes.com
  
  Cryptocurrency predictions for 2022: Chainalysis  Times of India
  
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• Business News: TAG Heuer Is Now Accepting Cryptocurrency For US Online Purchases - HODINKEE

  19-05-2022 20:31 via hodinkee.com
  
  Business News: TAG Heuer Is Now Accepting Cryptocurrency For US Online Purchases  HODINKEE
  
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• Bill Gates Explains Why He Doesn’t Own Any Cryptocurrency - Forbes

  19-05-2022 20:30 via forbes.com
  
  Bill Gates Explains Why He Doesn’t Own Any Cryptocurrency  ForbesDoes Bill Gates Own Any Cryptocurrency? Here's What He Has To Say To Crypto Investors  MintBill Gates said he doesn't own any cryptocurrency because it isn't 'adding to society'  Business Insider AfricaBill Gates explains why he hasn't purchased any cryptocurrency  TweakTownView Full Coverage on Google News
  
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• Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry

  19-05-2022 20:14 via cointelegraph.com
  
  Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows.
  
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• Is cryptocurrency worth the risk to the everyday buyer? - KPCW

  19-05-2022 19:46 via kpcw.org
  
  Is cryptocurrency worth the risk to the everyday buyer?  KPCW
  
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• Swiss think tank urges greater global cooperation on crypto regulation

  19-05-2022 19:45 via cointelegraph.com
  
  The paper highlights investigators who work with crypto should invest in learning methods and technologies that are current with evolving criminal organization strategies.
  
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• Tether reports 17% decrease in commercial paper holdings over Q1 2022

  19-05-2022 19:25 via cointelegraph.com
  
  “This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative, and liquid," said Paolo Ardoino.
  
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• Tether launches crypto and blockchain education program in Switzerland

  19-05-2022 19:00 via cointelegraph.com
  
  "It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino.
  
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• Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover

  19-05-2022 19:00 via newsbtc.com
  
  With the market in turmoil, digital assets such as Bitcoin and Ethereum are seeing their prices challenged in ways that have sent shivers down the spines of investors. The downtrend had triggered massive sell-offs that had sent prices towards yearly lows. Despite the volume already being sold off, sellers look to not be done yet. This is evidenced by the volume of Bitcoin and Ethereum that has been making its way to centralized exchanges recently.
  Bitcoin, Ethereum Rocked By Inflows
  The inflows
  
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• Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support

  19-05-2022 18:45 via newsbtc.com
  
  The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before.
  Ethereum 2.0 Goes To Testnet
  Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which has the closest similarity to the mainnet, is the next key milestone in the Merge testing process.
  Ropsten testing will be merged on June 8, according to Ethereum
  
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• Lost SOL? Persistent challenges continue to impact Solana price

  19-05-2022 18:30 via cointelegraph.com
  
  SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin.
  
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• How will GameFi and P2E blockchain gaming evolve in 2022? Report

  19-05-2022 18:14 via cointelegraph.com
  
  2021 was a massive year for GameFi, but how can it evolve and thrive in 2022 and beyond? Cointelegraph Research has the answers.
  
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• Indian government's ‘blockchain not crypto’ stance highlights lack of understanding

  19-05-2022 18:02 via cointelegraph.com
  
  India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate.
  
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• Bitcoin price predictions abound as traders focus on the next BTC halving cycle

  19-05-2022 17:25 via cointelegraph.com
  
  Traders still anticipate BTC prices above $100,000, but a closer look at the BTC halving cycle chart suggests that a sharper downside move will occur first.
  
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• Ultimate Guide To Roboape - New Cryptocurrency Aiming To Have Financial Future | Mint - Mint

  19-05-2022 16:13 via livemint.com
  
  Ultimate Guide To Roboape - New Cryptocurrency Aiming To Have Financial Future | Mint  Mint
  
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• Swiss asset manager Julius Baer eyes crypto and DeFi potential

  19-05-2022 16:10 via cointelegraph.com
  
  Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele.
  
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• Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network

  19-05-2022 16:00 via newsbtc.com
  
  Bondly Finance and Animoca Brands have recently announced Bondly Finance’s rebrand to Forj. Previously the brand has led the way in the NFT space through several innovative partnerships and today we’re speaking directly to Charles Stanton, the Chief Marketing Office at Forj to learn more about the launch, what changes we can expect and how Forj is ultimately focusing on simplifying Web3 and forging strong fan and creator partnerships. Interestingly the launch is a result of
  
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• Time For Autopsy? Bitcoin May Plunge Further After Dive Below $30k

  19-05-2022 15:42 via newsbtc.com
  
  The next bull market in Bitcoin is now building a bottom. As a result, bears continue to rule the market, sending the price of bitcoin below $29,000 in the last 24 hours. Traders expecting the bear market to conclude may have to wait longer due to unfavorable conditions.
  Will Bitcoin Retrace?
  Bitcoin is no stranger to retracements of higher than 20%. More substantial corrections have occurred in Bitcoin’s history than this current one.
  Those who have been around long enough to recall previ
  
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• Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue

  19-05-2022 15:28 via cointelegraph.com
  
  Despite that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well.
  
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• Bitcoin must defend these price levels to avoid 'much deeper' fall: Analysis

  19-05-2022 15:09 via cointelegraph.com
  
  It could be "do or die" for Bitcoin bulls if BTC/USD returns under $27,000, Whalemap argues.
  
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• Chicago company to open office, cryptocurrency center in Tampa - St Pete Catalyst

  19-05-2022 15:00 via stpetecatalyst.com
  
  Chicago company to open office, cryptocurrency center in Tampa  St Pete Catalyst
  
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• Is It Safe to Store Cryptocurrency on Coinbase? - The Motley Fool

  19-05-2022 14:41 via fool.com
  
  Is It Safe to Store Cryptocurrency on Coinbase?  The Motley Fool
  
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• BNB Chain offers another lifeline to Terra ecosystem projects

  19-05-2022 14:29 via cointelegraph.com
  
  Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol.
  
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• Shib Army Burns Nearly 13 Billion SHIB In Last 24 Hours: Report

  19-05-2022 14:00 via newsbtc.com
  
  A shocking amount of nearly 13 billion SHIB has already been removed from the systemic circulation supply over the past 24 hours. As tweeted by the Shiba Inu transaction tracker @Shibburn, this is because the coin is being sent to dead-end wallets. The platform also burns Shiba Inu to help keep the supply down.
  Most of this massive amount of SHIB was destroyed in just one hour.
  Related Reading | Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation
  In a tweet on May 18
  
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• FTX US to launch stock trading against stablecoins

  19-05-2022 13:58 via cointelegraph.com
  
  FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange.
  
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• Cryptocurrency platform FTX expands into US equities market - Financial Times

  19-05-2022 13:00 via ft.com
  Cryptocurrency platform FTX expands into US equities market  Financial Times
  
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• Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

  19-05-2022 12:49 via cointelegraph.com
  
  Jun Du, co-founder of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover.
  
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• Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO

  19-05-2022 12:49 via cointelegraph.com
  
  Du Jun, CEO of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover.
  
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• DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

  19-05-2022 11:32 via cointelegraph.com
  
  Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains.
  
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• What is Sorare and how to play it?

  19-05-2022 11:15 via cointelegraph.com
  
  Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team.
  
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• U.S. Mining Stocks Drop Almost 50% Despite Hashrate Increasing

  19-05-2022 11:00 via newsbtc.com
  
  The Cambridge Center for Alternative Finance, a financial research institute affiliated with Cambridge University, has found that the Bitcoin hashrate was up by 4% in August from the previous year, from 35% to 39%. But, still, the mining stocks have seen declines in the last month, with Bitcoin prices going down. The concluded figure involves BTC.com, Via BTC, and Pooling data.
  Cryptocurrency mining involves verifying and broadcasting the transactions on the relative blockchain ledger. It is a c
  
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• Bitcoin trades in $29K 'no man's land' as Tesla ESG fallout routs stocks

  19-05-2022 10:39 via cointelegraph.com
  
  Tesla's removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000.
  
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• South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

  19-05-2022 10:33 via cointelegraph.com
  
  According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
  
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• Singer Kiesza backs robot NFT to give prosthetic limbs to a young man and a dog

  19-05-2022 09:44 via cointelegraph.com
  
  The proceeds will be used to 3D print a leg for a dog named Cuco and an arm for a young man named Jesus.
  
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• Crypto crash: Bitcoin ad director says he has ‘no idea how cryptocurrency works’ - The Independent

  19-05-2022 09:35 via independent.co.uk
  
  Crypto crash: Bitcoin ad director says he has ‘no idea how cryptocurrency works’  The Independent
  
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• Cryptocurrency markets bleed, Bitcoin at $28,000; will markets recover? - Business Today

  19-05-2022 09:00 via businesstoday.in
  
  Cryptocurrency markets bleed, Bitcoin at $28,000; will markets recover?  Business Today
  
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• Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more

  19-05-2022 08:52 via cointelegraph.com
  
  The floor price of the Bored Ape Yacht Club has fallen 50% from the beginning of this month as prices and sales volume of NFTs suffer across the board.
  
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• El Salvador government holdings lose one-third value after cryptocurrency rout - Al Arabiya English

  19-05-2022 08:13 via english.alarabiya.net
  
  El Salvador government holdings lose one-third value after cryptocurrency rout  Al Arabiya English
  
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• The US Dept. of Commerce has 17 questions to help develop a crypto framework

  19-05-2022 07:24 via cointelegraph.com
  
  The DoC’s series of 17 questions is set to be published on Thursday and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses.
  
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• The Dept. of Commerce has 17 questions to help develop a crypto framework

  19-05-2022 07:24 via cointelegraph.com
  
  The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses.
  
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• Coinbase launches new crypto think tank to help shape policies

  19-05-2022 07:03 via cointelegraph.com
  
  Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto.
  
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