Cryptocurrency news

• Fed report finds most Americans who own crypto tend to be high income hodlers

  23-05-2022 23:00 via cointelegraph.com
  
  Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous.
  
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• WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies

  23-05-2022 22:45 via cointelegraph.com
  
  Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses.
  
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• fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher

  23-05-2022 22:15 via cointelegraph.com
  
  FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje.
  
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• WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP

  23-05-2022 22:03 via cointelegraph.com
  
  To properly regulate DeFi, we must first determine whether these protocols are actually decentralized, according to Eva Kaili.
  
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• Top 3 centralized exchange tokens to buy the dip in

  23-05-2022 21:32 via coinjournal.net
  
  Cryptocurrency companies have also suffered from the ongoing winter in the digital currencies industry continues. This explains why the Coinbase stock price has crashed by over 84% from its all-time high. Similarly, centralized exchange tokens (CET) have all retreated sharply in the past few months. Here are some of the best CET cryptocurrencies to buy.
  FTX Token (FTT)
  FTX is one of the biggest cryptocurrency exchanges in the world. It operates an international brand and a US-focused company. Co
  
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• WEF 2022: Terra were offering unsustainable yields; DeFi can support financial inclusion

  23-05-2022 21:15 via cointelegraph.com
  
  Industry experts share insights and commentary with Cointelegraph on the first day of the Blockchain Hub 2022 conference in Davos, Switzerland.
  
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• WEF 2022: Terra was offering unsustainable yields; DeFi can support financial inclusion

  23-05-2022 21:15 via cointelegraph.com
  
  Industry experts share insights and commentary with Cointelegraph on the first day of the Blockchain Hub 2022 conference in Davos, Switzerland.
  
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• Bitcoin’s current setup creates an interesting risk-reward situation for bulls

  23-05-2022 21:00 via cointelegraph.com
  
  A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal.
  
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• Bitcoin Taker Buy/Sell Ratio Approaches Bullish Cross

  23-05-2022 21:00 via newsbtc.com
  
  On-chain data shows the Bitcoin taker buy/sell ratio is now approaching a crossover with the “1” level, a sign that could be bullish for the crypto’s price.
  Bitcoin Taker Buy/Sell Ratio Observes Rise, Almost Reaches A Value Of 1
  As explained by an analyst in a CryptoQuant post, signs may suggest that a local top could soon be coming for the crypto.
  The “taker buy/sell ratio” is an indicator that measures the ratio between the Bitcoin long volume and the short volume
  
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• Why USD Coin remains under Tether’s shadow despite growing interest

  23-05-2022 20:40 via coinjournal.net
  
  After Terra’s UST collapsed, there has been a sharp focus on dollar-pegged stablecoins. There are in fact fears that another de-pegging could pose systematic risks for the entire crypto market. Nonetheless, USD Coin has emerged as one of the key alternatives to Terra’s UST. Here is why:
  USD Coin is managed by a verified consortium of experts.
  USDC is also backed by dollars which are actually held physically in reserve.
  The stablecoin is also backed by other reserve assets including U
  
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• Top coins to buy for quick short-term gains

  23-05-2022 20:35 via coinjournal.net
  
  There are two types of crypto investors. The first category of investors is those who buy crypto to hold for long periods of time. There is also an army of traders who buy and sell crypto within days or weeks. Either way, everyone wants to make some return on capital. Here is why short-term trading for crypto makes sense:
  Crypto assets are highly volatile, allowing for quick returns with the right entry price
  Many exchanges today offer leveraged crypto derivatives trading
  There is a huge variety
  
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• Korean cybercrime unit requests exchanges to freeze LFG assets: Report

  23-05-2022 20:33 via coinjournal.net
  
  South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna Foundation Guard (LFG), the non-profit organization set up to support the Terra (LUNA) cryptocurrency.
  A news report published on Monday by Korean national broadcaster KBS says that the cybercrime police unit of the Seoul Metropolitan Police Agency had written to several exchanges highlighting the need to block withdrawals of corporate funds initiated by the LFG.
  Per the report, investigat
  
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• Three Cryptocurrency Assets Poised for a Dramatic Spike: Solana (SOL), Cardano (ADA), and Logarithmic Finance (LOG) - Analytics Insight

  23-05-2022 20:31 via analyticsinsight.net
  Three Cryptocurrency Assets Poised for a Dramatic Spike: Solana (SOL), Cardano (ADA), and Logarithmic Finance (LOG)  Analytics Insight
  
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• I’m sick of talking about Tether, but here’s an article about Tether

  23-05-2022 20:12 via coinjournal.net
  
  It’s still rough out there, people. 
  When looking at crypto specifically, the nuke of UST and Luna sent panic through the crypto markets like never before. One of the most intriguing – and downright terrifying – effects of this meltdown was the de-pegging of Tether. I’ve been putting off a deep dive on Tether for a while because I feel it’s the cryptocurrency equivalent of “Happy” by Pharrell – overplayed so much I get a headache every time I
  
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• Bitcoin Investors Gripped By Fear, Any Sign Of Hope Remain?

  23-05-2022 20:09 via newsbtc.com
  
  Bitcoin is moving sideways after a major bear assault took it below its 2021 low. The first crypto by market cap seems to be displaying short-term low volatility and could see further downside, according to market participants’ expectations.
  Related Reading | Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It
  At the time of writing, the first crypto by market cap trades at $30,400 with a 1.5% profit in the past 24-hours.
  BTC moving sideways on the 4-hour chart.
  
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• Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

  23-05-2022 20:05 via cointelegraph.com
  
  Bitcoin and the major altcoins have bounced off their immediate support levels, paving the way for a possible relief rally in the short term.
  
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• Cryptocurrency: Which is the most stable and why? - Marca English

  23-05-2022 19:59 via marca.com
  
  Cryptocurrency: Which is the most stable and why?  Marca English
  
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• Cryptocurrency: Which is the most stable and why? - Marca

  23-05-2022 19:59 via marca.com
  
  Cryptocurrency: Which is the most stable and why?  Marca
  
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• Why DOGE will not return to $0.17 anytime soon despite consolidation

  23-05-2022 19:57 via coinjournal.net
  
  Dogecoin (DOGE) has been one of the hardest-hit coins in crypto this year. Investors appear to be deliberately avoiding meme coins due to increased risk-off sentiment. Although DOGE consolidated after crashing two weeks ago, the upside potential remains significantly limited. Here are some highlights:
  Both technical and fundamental analysis show DOGE is bearish right now
  The coin will struggle to regain its $0.17 support without changes in sentiment
  Further downside should be expected in the nea
  
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• Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It

  23-05-2022 19:44 via newsbtc.com
  
  May has been an explosive month for cryptocurrency, with huge market crashes and the complete collapse of LUNA causing a massive downturn in average trading figures. To add to this news, Coinbase’s recent financial reporting release doesn’t shine favorably on the decentralized exchange.
  With over 98 million verified users and billions in controlled assets, many thought of this institution as simply too big to fail. Yet, things aren’t looking good for Coinbase, with their recent
  
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• Y Combinator joins crypto app Pebble’s $6.2 million seed round

  23-05-2022 19:24 via coinjournal.net
  
  Pebble, a fintech startup whose crypto app seeks to bring about a “money revolution” by paying its users to save, spend and send money, has announced a $6.2 million seed funding round.
  The platform’s financing round attracted investments from leading venture firms, including Y Combinator, the financial startup said on Monday.
  Others to back Pebble’s mission are Lightshed Ventures, Soma Capital, Montage Ventures, Eniac Ventures, Global Founders Capital, and East Ventures.
  
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• eBay partners with OneOf company to launch the first ‘’Genesis’’ NFT collection

  23-05-2022 19:23 via coinjournal.net
  
  eBay, a prominent E-commerce connecting millions of sellers and buyers across the world, has partnered with OneOf, a green NFT platform for lifestyle, sports, and music communities, to launch the first-ever ‘’Genesis’’ NFT collection. 
  With the combination of eBay’s incredible inventory and global outreach and that of OneOf Web3 technology, they will be able to provide a seamless experience that will enable the users to buy and sell high passion and valued item
  
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• LUNA Records 100% Growth In A Single Day. More Upside Coming?

  23-05-2022 19:00 via newsbtc.com
  
  LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple of zeros below $1, causing holders to lose billions of dollars. Nevertheless, a lot of investors continue to hold out hope and trade the coin, which has led to multiple rallies.
  Up 100% In One Day
  On Sunday, LUNA had re
  
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• GameStop unveils beta cryptocurrency wallet and upcoming NFT platform

  23-05-2022 19:00 via cointelegraph.com
  
  GameStop launches an Ethereum-powered self-custodial wallet that is set to integrate with an upcoming NFT marketplace.
  
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• Top Blockchain Infrastructure Projects to watch out for

  23-05-2022 18:54 via coinjournal.net
  
  Blockchain infrastructure is the foundation of the decentralized revolution. Ever since the Bitcoin chain launched, more and more projects have been established, each offering something unique. But why would investors be interested in these ecosystems?
  Demand for blockchain ecosystems is always going to be high
  Innovations in blockchains are making decentralization cheaper
  The long-term value of blockchain infrastructure projects will always be very attractive.
  If you are keen on putting your mo
  
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• WEF 2022: Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire

  23-05-2022 18:15 via cointelegraph.com
  
  The CEO of Circle joined Ripple’s Brad Garlinghouse and Asif Saleh of BRAC in a panel discussion at the World Economic Forum Annual Meeting.
  
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• Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire

  23-05-2022 18:15 via cointelegraph.com
  
  The CEO of Circle joined Ripple’s Brad Garlinghouse and Asif Saleh of BRAC in a panel discussion at the World Economic Forum Annual Meeting.
  
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• Lido (LDO) Sheds 58% Of Its All-Time High TVL At $11 Billion

  23-05-2022 18:00 via newsbtc.com
  
  Lido TVL or total value locked, toppled over to new high lows seen in the third week of this month following the bearish movement of the DeFi market.
  LDO has shaved off over 58% of its TVL, which registered an all-time high of $20.4 billion on April 6 but dropped down to roughly $8.6 billion on May 22.
  Suggested Reading | Ripple (XRP) Plunges To $0.43 With Bears In Full Swing
  Lido, a liquidity staking solution, targets orienting people towards staking. It has zero minimum staking requirements wh
  
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• Cryptocurrency BNB Rises More Than 4% In 24 hours - Benzinga - Benzinga

  23-05-2022 16:47 via benzinga.com
  
  Cryptocurrency BNB Rises More Than 4% In 24 hours - Benzinga  Benzinga
  
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• Monero enters 'overbought' danger zone after XMR price gains 75% in two weeks

  23-05-2022 16:40 via cointelegraph.com
  
  XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
  
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• Crypto inheritance: Are HODLers doomed to rely on centralized options?

  23-05-2022 16:35 via cointelegraph.com
  
  Are crypto inheritance solutions a centralizing force? To some, yes, but to others, decentralized solutions are out there.
  
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• Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

  23-05-2022 16:16 via cointelegraph.com
  
  BTC price is yet to decide on a target as $30,000 just about holds into the new week's Wall Street trading.
  
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• Catcoin.com Introduced CATCoin Cryptocurrency to Become Next Shiba Inu - Hindustan Times

  23-05-2022 16:13 via hindustantimes.com
  
  Catcoin.com Introduced CATCoin Cryptocurrency to Become Next Shiba Inu  Hindustan Times
  
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• Cryptocurrency Glossary Of Terms & Acronyms – Forbes Advisor UK - Forbes

  23-05-2022 16:00 via forbes.com
  
  Cryptocurrency Glossary Of Terms & Acronyms – Forbes Advisor UK  Forbes
  
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• Litecoin confidential transactions spook Korean exchanges

  23-05-2022 15:51 via cointelegraph.com
  
  The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
  
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• 7 Key Reasons why Cryptocurrency is Gaining Mass Adoption - Tech Guide

  23-05-2022 15:49 via techguide.com.au
  
  7 Key Reasons why Cryptocurrency is Gaining Mass Adoption  Tech Guide
  
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• Ripple (XRP) Plunges To $0.43 With Bears In Full Swing

  23-05-2022 15:23 via newsbtc.com
  
  Ripple (XRP) has plummeted to $0.43, with bears now skyjacking the market following a tremendous drop in the past week.While the price seems to have improved in the past couple of days, the bulls have somewhat shoved bears to their current market movement.
  The past week did not look suitable for Ripple traders and investors as XRP collapsed to a drop of 42% and closed at $0.4255.The entire week was seen to drift following a bearish movement which dropped to $0.4018 before it regained momentum to
  
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• Five Tips on How to Start Investing in Cryptocurrency - Crypto Mode

  23-05-2022 15:19 via cryptomode.com
  
  Five Tips on How to Start Investing in Cryptocurrency  Crypto Mode
  
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• WEF 2022: Serious people will stay in crypto despite market setbacks, says CCI CEO Sheila Warren

  23-05-2022 15:09 via cointelegraph.com
  
  Sheila Warren, CEO of the Crypto Council for Innovation, shared her insights in an interview with Cointelegraph at the World Economic Forum.
  
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• WEF 2022: Serious people to stay in crypto despite market setbacks, says CCI CEO Sheila Warren

  23-05-2022 15:09 via cointelegraph.com
  
  Sheila Warren, the CEO of Crypto Council of Innovation (CCI), shared her insights in an interview with Cointelegraph at the World Economic Forum.
  
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• Genomics company explores NFTs in hopes of advancing precision medicine

  23-05-2022 15:03 via cointelegraph.com
  
  GeneNFTs may be a game-changer for genomic testing, but user education is still needed in order for this model to advance.
  
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• Balenciaga Adopts Cryptocurrency, Will Accept BTC and ETH By CoinQuora - Investing.com

  23-05-2022 15:00 via investing.com
  Balenciaga Adopts Cryptocurrency, Will Accept BTC and ETH By CoinQuora  Investing.com
  
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• Mykola Udianskyi Wins “Best Digital Currency Influencer 2022” at WIBA Awards in Cannes

  23-05-2022 14:52 via newsbtc.com
  
  The fourth annual WIBA awards (World Influencer & Blogger Awards) have just concluded in Cannes, France, with Ukrainian IT entrepreneur and crypto guru Mykola Udianskyi winning the “Best Digital Currency Influencer 2022” award. And this year, it was the people of Ukraine who were the focus of the event, with the format of the ceremony being changed to that of a gala dinner and fundraiser to help the country’s most in-need citizens.
  And Mykola wasn’t the only Ukrainian
  
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• GreenWorld Token Merges Cryptocurrency and Environmental Activism, in Pioneering Impactful Technology in the Decentralized World - PR Newswire

  23-05-2022 14:25 via prnewswire.com
  GreenWorld Token Merges Cryptocurrency and Environmental Activism, in Pioneering Impactful Technology in the Decentralized World  PR Newswire
  
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• Litecoin Could Be Delisted from Large Cryptocurrency Exchanges Because of This Update - U.Today

  23-05-2022 14:12 via u.today
  
  Litecoin Could Be Delisted from Large Cryptocurrency Exchanges Because of This Update  U.Today
  
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• Avalanche nears key breakdown level that could sink AVAX price by another 65%

  23-05-2022 14:04 via cointelegraph.com
  
  Strongly bearish fundamentals act as tailwind to Avalanche's technically bearish setup.
  
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• FPPC to consider allowing crypto donations + Pandemic made billionaires and paupers, report says - Sacramento Bee

  23-05-2022 13:55 via sacbee.com
  
  FPPC to consider allowing crypto donations + Pandemic made billionaires and paupers, report says  Sacramento Bee
  
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• WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

  23-05-2022 12:17 via cointelegraph.com
  
  Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022.
  
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• WEF 2022: PayPal looks to embrace all possible crypto and blockchain services

  23-05-2022 12:07 via cointelegraph.com
  
  PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its platform, the firm's vice president Richard Nash said.
  
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• Providing cryptocurrency as a payment option for digital goods - The Paypers

  23-05-2022 11:51 via thepaypers.com
  
  Providing cryptocurrency as a payment option for digital goods  The Paypers
  
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