Cryptocurrency news

• Thai government excludes cryptocurrency transfers from VAT until year-end 2023 - Seeking Alpha

  26-05-2022 23:22 via seekingalpha.com
  
  Thai government excludes cryptocurrency transfers from VAT until year-end 2023  Seeking Alpha
  
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• COIN Stock Initiated At Out-Perform As Dominant Cryptocurrency Exchange - Investor's Business Daily

  26-05-2022 22:41 via investors.com
  COIN Stock Initiated At Out-Perform As Dominant Cryptocurrency Exchange  Investor's Business Daily
  
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• Barracuda Championship Announced as First PGA Tour Event to Accept Cryptocurrency - Nevada Business Magazine

  26-05-2022 22:37 via nevadabusiness.com
  Barracuda Championship Announced as First PGA Tour Event to Accept Cryptocurrency  Nevada Business Magazine
  
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• Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

  26-05-2022 22:32 via cointelegraph.com
  
  ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.
  
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• Brainard tells House committee about potential role of CBDC, future of stablecoins

  26-05-2022 22:18 via cointelegraph.com
  
  The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.
  
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• Coinbase Faces Class Action as Cryptocurrency Values Plunge - PaymentsJournal

  26-05-2022 21:30 via paymentsjournal.com
  
  Coinbase Faces Class Action as Cryptocurrency Values Plunge  PaymentsJournal
  
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• Bitcoin Bearish Signal: Whale Ratio Continues To Stay At High Value

  26-05-2022 21:00 via newsbtc.com
  
  On-chain data shows the Bitcoin exchange whale ratio has remained at a high value recently, a sign that could be bearish for the crypto’s price.
  Bitcoin Exchange Whale Ratio On Verge Of Entering “Very High Risk” Zone
  As explained by an analyst in a CryptoQuant post, the 72-hour MA whale ratio is near 0.90, the very high risk zone.
  The “exchange whale ratio” is an indicator that’s defined as the sum of top ten inflows to exchanges divided by the total inflows.
  
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• ‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

  26-05-2022 20:54 via cointelegraph.com
  
  Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
  
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• Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

  26-05-2022 19:45 via cointelegraph.com
  
  Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
  
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• Coverage issues raised by cryptocurrency | Kennedys - JDSupra - JD Supra

  26-05-2022 19:35 via jdsupra.com
  
  Coverage issues raised by cryptocurrency | Kennedys - JDSupra  JD Supra
  
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• Perp Traders Remain Quiet As Bitcoin Struggles To Hold $30,000

  26-05-2022 19:00 via newsbtc.com
  
  Bitcoin has been struggling to hold on to the $30,000 level for the better part of this week, failing more often than not. While there have been various reactions from different parts of the market such as the ETFs, perpetual traders seem to have taken this as a sign to hold off on their activities. What this has led to is a continuation of the neutral or below-neutral funding rates that have been recorded in the past couple of weeks.
  Bitcoin Funding Rates Unmoved
  For the past few months, bitcoi
  
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• CoinEx Charity Book Donation Worldwide: Over 10,000 Books for Children’s Dreams

  26-05-2022 18:45 via newsbtc.com
  
  In many places around the world, schools cannot provide children with a sufficient supply of books due to poor financial conditions, nor can parents afford books. Meanwhile, the reading ability of children who have been raised in an environment without books is inferior to the average level, which negatively affects their life prospects.
  Focusing on education for young children worldwide, CoinEx Charity will kick off Book Donation Worldwide on May 26, 2022, to improve children’s reading en
  
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• Brazil Clarifies Taxes on Cryptocurrency Conversion - TheStreet

  26-05-2022 18:41 via thestreet.com
  
  Brazil Clarifies Taxes on Cryptocurrency Conversion  TheStreet
  
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• Six Years of Relentless Efforts: ViaBTC is Always on the Way

  26-05-2022 18:39 via newsbtc.com
  
  BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely difficult. Meanwhile, hashrates are centralized by big mining farms and large institutions, and retail miners now struggle to gain the right of block updating solely relying on their own hashrates. To stay in the game, more and more miners choose to join a mining pool
  
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• Cryptocurrency is trying to regain your trust | News | sfexaminer.com - San Francisco Examiner

  26-05-2022 18:32 via sfexaminer.com
  
  Cryptocurrency is trying to regain your trust | News | sfexaminer.com  San Francisco Examiner
  
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• Top 3 Web3 Coins to Watch in 2022

  26-05-2022 18:30 via newsbtc.com
  
  When speaking of Web3 coins, some may automatically think of cryptocurrency tokens such as Bitcoin and Ethereum – but it’s much more than that. In fact, Web3 coins form part of a much larger ecosystem which many believe is the future of both the internet and finance as we know it. Expanding further than just being an online currency, digital coins also give investors the power to vote on issues concerning the relevant protocols.
  Starting With the Basics
  Web3 (also known as Web3.0) is
  
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• The DAOificaiton of Games: How and Why

  26-05-2022 18:26 via newsbtc.com
  
  The crypto world is constantly evolving and introducing new concepts across the industry, with the DAOfication of games being the new talk of the town. The concept brings together the world of DAOs as well as GameFi. Understanding both concepts separately is the core to grasping the integration of these two worlds.
  The Basics of DAOs
  You might have heard the concept of Decentralised Autonomous Organisations (DAOs) floating around on the internet as of late, but what is it all about? DAOs are the
  
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• Spooky Solana breakdown begins with SOL price facing a potential 45% drop — here's why

  26-05-2022 18:22 via cointelegraph.com
  
  SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time.
  
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• GameStop launches digital wallet for cryptocurrency, NFTs - Retail Dive

  26-05-2022 17:53 via retaildive.com
  
  GameStop launches digital wallet for cryptocurrency, NFTs  Retail Dive
  
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• Bitcoin 'good to go up' after BTC price hits lowest since Terra crash

  26-05-2022 17:52 via cointelegraph.com
  
  A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity.
  
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• Crypto is not something that can be ignored anymore, says NEAR Foundation CEO

  26-05-2022 16:35 via coinjournal.net
  
  The cryptocurrency market has recorded massive growth over the past few years.Marieke Flament, the chief executive officer of Near Foundation has revealed in a recent interview that cryptocurrency is not something that can be ignored anymore.
  Near Foundation is the development team behind Near Protocol, one of the leading blockchains in the cryptocurrency ecosystem. 
  She stated that;
  “My takeaway from Davos … is that crypto is not something that can be ignored anymore. It&rsquo
  
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• RadioShack returns—as a cryptocurrency swap platform - Fortune

  26-05-2022 16:32 via fortune.com
  
  RadioShack returns—as a cryptocurrency swap platform  Fortune
  
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• Ankr price prediction as the protocol boosts partnerships

  26-05-2022 16:26 via coinjournal.net
  
  The Ankr price made a bearish breakout on Thursday even after the company partnered with Pocket Network. The token is trading at $0.0357, which was about 83% below its all-time high of $0.2142. 
  Ankr continues its partnerships
  Ankr is a leading blockchain project that specializes in Remote Procedure Call (RPC) services that are needed by most developers. According to the developers, the platform handles over 150 billion RPCs every month as more developers embrace it.
  In the past few months,
  
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• Cryptocurrency ad spend plummets as market crashes - Marketing Dive

  26-05-2022 16:24 via marketingdive.com
  
  Cryptocurrency ad spend plummets as market crashes  Marketing Dive
  
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• OFR closes major funding round with support from ex-Binance executives

  26-05-2022 16:22 via coinjournal.net
  
  Old Fashion Research (OFR), a multi-strategy blockchain investment fund, has closed a major funding round with support from notable former Binance executives, Coin Journal learned from a press release. OFR announced the launch of a $100 million venture fund.
  OFR invested in WOO Network and other notable projects 
  The senior executives founded OFR Group in late 2021. OFR has invested in tens of blockchain projects, creating a diversified portfolio across geographic markets and blockchain eco
  
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• Tether launches a new stablecoin dubbed MXNT that is pegged to the Mexican peso

  26-05-2022 16:01 via coinjournal.net
  
  Tether has launched a new stablecoin that will be pegged on the Mexican Peso as the stablecoin blockchain makes its debut in Latin America.
  In said in a statement, Paolo Ardoino, the CTO of Tether, said:
  “We have seen a rise in cryptocurrency usage in Latin America over the last year that has made it apparent that we need to expand our offerings. Introducing a Peso-pegged stablecoin will provide a store of value for those in the emerging markets and in particular Mexico.”
  While launc
  
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• Top 3 cryptocurrencies to avoid as NFT volume plummets

  26-05-2022 15:54 via coinjournal.net
  
  The Non-Fungible Token (NFT) industry is in trouble as concerns about interest rates rise. The main concern is that demand for NFTs will decline as interest rates rise. Many analysts believe that the industry has been overhyped. 
  Recent data shows that NFT volume crashed by more than 54% last week and are significantly lower than its all-time high. So, here are some of the top cryptocurrencies with NFT exposure to avoid.
  Immutable X (IMX)
  Immutable X is a blockchain project that solves a ke
  
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• Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

  26-05-2022 15:51 via cointelegraph.com
  
  The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region.
  
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• Cryptocurrency in Haiti: The technology behind it - Haitian Times

  26-05-2022 15:47 via haitiantimes.com
  
  Cryptocurrency in Haiti: The technology behind it  Haitian Times
  
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• BIGG subsidiary Netcoins adds support for 9 major cryptos

  26-05-2022 15:30 via coinjournal.net
  
  Netcoins, a subsidiary of BIGG Digital Assets Inc., has added support for nine new cryptos on its platform: SAND, DAI, MKR, GRT, UNI, AAVE, BAT, CHZ, and XTZ, Coin Journal learned from a press release. 
  BIGG Digital is an online cryptocurrency broker enabling Canadians to sell, buy, trade, and understand cryptocurrency. 
  The third rollout of upcoming additions
  Netcoins obtained approval to update its limited dealer license on March 24. It made this request in late 2021, allowing a broa
  
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• IOTA price gets ready for another 50% meltdown

  26-05-2022 15:16 via coinjournal.net
  
  The IOTA price has been in a freefall for months as investors continue worrying about the platform’s future. The token dropped to a low of $0.310, which is the lowest the coin has been since January last year. In other words, the coin has crashed by almost 90% from its 2021 high of $2.75. This decline has brought its total market cap to about $858 million.
  IOTA key challenge
  At its peak, IOTA was one of the biggest projects in the cryptocurrency industry. Having been started in 2015, it is
  
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• Elrond Based Cantina Royale to Launch Free-to-Play P2E Game on iOS and Android

  26-05-2022 15:08 via coinjournal.net
  
  Vaduz, Liechtenstein, 26th May, 2022, Chainwire
  One of the first real time free-to-play and play-to-earn (P2E) shooter metaverse games on the market, Cantina Royale is the latest addition to Elrond blockchain ecosystem, where it will push the boundaries of GameFi and web3.
  As Elrond is a high speed, eco-friendly blockchain, the Cantina Royale team will utilize these capabilities to their full capacity. Playable like a traditional game on mobile (iOS/Android) and desktop operating systems, Cantin
  
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• Blockchain tech offers multiple paths to financial inclusion for unbanked

  26-05-2022 15:03 via cointelegraph.com
  
  Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them.
  
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• SBI Coin, The World's Leading Cryptocurrency Trading Platform: Creating a New Generation of Intelligent Trading System - GlobeNewswire

  26-05-2022 15:00 via globenewswire.com
  
  SBI Coin, The World's Leading Cryptocurrency Trading Platform: Creating a New Generation of Intelligent Trading System  GlobeNewswire
  
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• Crypto market 7 times bigger than before Covid

  26-05-2022 14:54 via coinjournal.net
  
  The European Union is eager to regulate the crypto market more strictly and, by extension, the European Central Bank has been critical of cryptocurrency. Chairman Christine Lagarde previously appeared on television, calling crypto worthless.
  But do they know who the ‘enemy’ is? To map this out, the European Central Bank (ECB) recently published a report entitled ‘Decrypting financial stability risks in crypto-asset markets’.
  One thing that is certain, and you don’t
  
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• Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

  26-05-2022 14:52 via cointelegraph.com
  
  The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.
  
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• ECB president’s anti-crypto comments trigger community responses

  26-05-2022 14:39 via cointelegraph.com
  
  In a Dutch talk show, the ECB president said that crypto is "worth nothing" as there's no underlying asset that backs the currencies.
  
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• Former Binance executives launch $100 million venture fund

  26-05-2022 14:23 via cointelegraph.com
  
  Old Fashion Research has been functioning since late 2021, but now officially comes out of the shadows.
  
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• Optima emerges as the cryptocurrency exchange software with multiple features in the industry. - GlobeNewswire

  26-05-2022 14:15 via globenewswire.com
  
  Optima emerges as the cryptocurrency exchange software with multiple features in the industry.  GlobeNewswire
  
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• Cryptocurrency Prices Today: Shiba Inu, Dogecoin & EverGrow Coin - Analytics Insight

  26-05-2022 13:20 via analyticsinsight.net
  Cryptocurrency Prices Today: Shiba Inu, Dogecoin & EverGrow Coin  Analytics Insight
  
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• Exchanges back 'Terra 2.0 revival plan' via airdrops, listing, buyback and burning

  26-05-2022 12:59 via cointelegraph.com
  
  MEXC Global has pledged to do a month-long buyback and burning to reduce the circulating supply of the old Terra markets.
  
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• WEF 2022: SWIFT probably won't exist in 5 years, says Mastercard CEO

  26-05-2022 12:25 via cointelegraph.com
  
  Michael Miebach, CEO of Mastercard told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years' time.
  
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• BTC price breakout due 'relatively soon' as Bitcoin volumes spook traders

  26-05-2022 11:40 via cointelegraph.com
  
  Low transaction activity is gathering importance as analysts forecast volatility returning.
  
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• WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP

  26-05-2022 11:30 via cointelegraph.com
  
  Lego Group VP believes metaverse will be a disruptive force that would change the way people learn things, especially children.
  
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• ‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

  26-05-2022 11:17 via cointelegraph.com
  
  Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk's TED talk to prey on unwitting social media users.
  
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• Portugal's Assembleia da Republica says no to two crypto tax bills

  26-05-2022 11:05 via cointelegraph.com
  
  The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.
  
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• Coming Soon: A New Podcast All About Cryptocurrency - Bloomberg

  26-05-2022 11:00 via bloomberg.com
  Coming Soon: A New Podcast All About Cryptocurrency  Bloomberg
  
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• U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?

  26-05-2022 10:11 via cointelegraph.com
  
  Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling.
  
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• Commonwealth Bank Of Australia Suspends Cryptocurrency Trading Testing | Bitcoinist.com - Bitcoinist

  26-05-2022 10:03 via bitcoinist.com
  
  Commonwealth Bank Of Australia Suspends Cryptocurrency Trading Testing | Bitcoinist.com  Bitcoinist
  
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• Why People will Continue to Purchase Cryptocurrency - Analytics Insight

  26-05-2022 09:00 via analyticsinsight.net
  Why People will Continue to Purchase Cryptocurrency  Analytics Insight
  
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