Cryptocurrency news

• Liquid Staking Leader Lido Upgrades to Second Version on Ethereum

  15-05-2023 23:57
  
  Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.
  
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• The role of cryptocurrency in the NFL – have there been any partnerships? - American Football International

  15-05-2023 23:54 via news.google.com
  The role of cryptocurrency in the NFL – have there been any partnerships?  American Football International
  
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• Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’

  15-05-2023 23:54 via cointelegraph.com
  
  When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans.
  
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• $500K worth of stETH redeemed in 3 hours as Lido enables withdrawals

  15-05-2023 23:51 via cointelegraph.com
  
  Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature.
  
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• Weekly DEX Volume on BNB Chain Hits Highest in a Year

  15-05-2023 23:41
  
  Lower fees and Binance’s popularity are among the reasons noted by market analysts.
  
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• Fantom (FTM) Price Surge Hints At Bullish Trend, What’s Ahead?

  15-05-2023 23:40 via newsbtc.com
  
  Fantom (FTM) has been on a bearish movement since April 19, 2023, resulting in a loss of about 30%. The price decline contributed to the negative market sentiment around the asset, making it hard for any possible retracement.However, these days, some minor green candles indicate a potential bullish trend. This is because the price of Fantom experienced rapid price action recently as the bulls took back control and increased buying pressure.
  Examining The Bullish Trend of Fantom (FTM)
  The re
  
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• North Korea has stolen US$721 million in Japanese cryptocurrency assets since 2017 - ForexLive

  15-05-2023 23:26 via news.google.com
  North Korea has stolen US$721 million in Japanese cryptocurrency assets since 2017  ForexLive
  
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• Digital asset market shrinks as fund outflows reach $200M: CoinShares

  15-05-2023 22:45 via cointelegraph.com
  
  According to CoinShares, digital asset investment products saw outflows totaling $54 million last week.
  
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• Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

  15-05-2023 22:45
  
  Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.
  
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• Toncoin (TON) Price Plummets After Bears Defy To Surrender Control

  15-05-2023 22:30 via newsbtc.com
  
  Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset’s potential. The bear’s refusal to surrender control can cause TON’s price to drop, increasing the negative market sentiment around it. 
  The entire cryptocurrency ecosystem is always volatile and unpredictable, with many price fluctuations based on various factors.
  Toncoin (TON) Witnessed A Sharp Price Decline
  After a slight bullish movement, a bearish mom
  
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• DeFi Project Hector Mulls Legal Wrapper to Shield DAO

  15-05-2023 22:22
  
  A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.
  
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• This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout

  15-05-2023 22:20 via cointelegraph.com
  
  Crypto traders expected a price reversal could use this options strategy to get positioned in Bitcoin.
  
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• Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery

  15-05-2023 22:00 via newsbtc.com
  
   
  Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 mark for the first time in over a month. However, the bulls are beginning to pick up steam once more, but what could be driving it?
  Bitcoin Accumulation Continues
  Now, while the decline in prices may have been a deterrent for some, others had taken the opportunity to fill up their bags. The
  
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• Amazon is hiring AI engineers to build a ChatGPT-like search interface

  15-05-2023 22:00 via cointelegraph.com
  
  A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features in its online web store.
  
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• US Department of Justice Ramps Up Action Against Cryptocurrency ... - The Dales Report

  15-05-2023 21:36 via news.google.com
  
  US Department of Justice Ramps Up Action Against Cryptocurrency ...  The Dales Report
  
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• Tokenization Is the Way to Realize Biden’s Electric Vehicle Overhaul

  15-05-2023 21:36
  
  As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer.
  
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• Cardano Founder Urges Priority On Election To Avoid Further Chaos In Crypto

  15-05-2023 21:30 via newsbtc.com
  
  The U.S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry.
  A new memo pointing towards a hearing on digital assets regulation circulated among the Democrat committee, sparking reactions among top crypto leaders.In a May 14 tweet, Cardano founder Charles Hoskinson condemned the memo, urging Americans to consider it a top priority iss
  
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• Japan leads world in losses from North Korean crypto hacking with 30% of total: Report

  15-05-2023 21:21 via cointelegraph.com
  
  An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role.
  
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• Hong Kong Banks Looking To Be The Leader In Cryptocurrency ... - The Florida Star

  15-05-2023 21:21 via news.google.com
  
  Hong Kong Banks Looking To Be The Leader In Cryptocurrency ...  The Florida Star
  
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• Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says

  15-05-2023 21:20 via newsbtc.com
  
  On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally.
  Bitcoin Puell Multiple Has Risen To High Levels In Recent Days
  As pointed out by an analyst in a CryptoQuant post, the Puell Multiple is currently at even higher levels than those seen during the 2021 bull run top. The “Puell Multiple” is an indicator that measures the ratio between the daily revenue of the Bitcoin miners and the 365-day average v
  
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• $28,000 Bitcoin is in the cards, but it won’t happen without a struggle

  15-05-2023 21:15 via cointelegraph.com
  
  Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum.
  
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• U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network

  15-05-2023 21:14
  
  Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators.
  
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• Pepegpt: The Cryptocurrency That Merges Meme-Communities And ... - MENAFN.COM

  15-05-2023 21:13 via news.google.com
  
  Pepegpt: The Cryptocurrency That Merges Meme-Communities And ...  MENAFN.COM
  
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• Bitcoin offers 'good signs' as analysts retain $40K BTC price target

  15-05-2023 21:04 via cointelegraph.com
  
  Bitcoin is showing the strength it needs for continuation higher, says Michaël van de Poppe, after key trend lines are preserved.
  
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• Cryptocurrency OKB Rises More Than 3% In 24 hours By Benzinga - Investing.com UK

  15-05-2023 21:00 via news.google.com
  Cryptocurrency OKB Rises More Than 3% In 24 hours By Benzinga  Investing.com UK
  
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• Twitter Transformation: Cryptocurrency and Future Prospects - BeInCrypto

  15-05-2023 20:52 via news.google.com
  
  Twitter Transformation: Cryptocurrency and Future Prospects  BeInCrypto
  
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• Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

  15-05-2023 20:50
  
  The investment includes a $2 million loan and $12 million in equity.
  
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• Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

  15-05-2023 20:40 via newsbtc.com
  
  Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars.
  Zimbabwe’s Sale Of Gold-Backed Digital Tokens Attracts Mass Interest
  According to an announcement, Zimbabwe’s central bank acknowledged receiving 135 applications for buying it
  
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• Payroll Startup Rise Wins CoinDesk's 2023 Pitchfest Contest

  15-05-2023 20:28
  
  Based in Ohio, Rise onboards employees for automatic crypto paychecks.
  
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• Cryptocurrency used to buy drug from dark web: DNC - newagebd.net

  15-05-2023 20:15 via news.google.com
  
  Cryptocurrency used to buy drug from dark web: DNC  newagebd.net
  
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• Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

  15-05-2023 20:11 via cointelegraph.com
  
  The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
  
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• Tether boasts of its financial stability after strong profits, money moved out of banks

  15-05-2023 20:00 via cointelegraph.com
  
  Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism.
  
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• Analyst: VeChain Enters Buy Zone, Should You Jump In?

  15-05-2023 20:00 via newsbtc.com
  
  On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns.
  VET is in the green today, holding onto its gains from yesterday’s closing price. 
  Egrag’s Analysis on VeChain (VET)
  Egrag mentioned VET’s attempt to exit the descending channel and move into an uptrend in his analysis. The asset has
  
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• Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees

  15-05-2023 19:17
  
  The firm says El Salvador will serve as its base for operations in Latin America.
  
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• Research from College of Business explores impact of celebrity ... - Nevada Today

  15-05-2023 19:12 via news.google.com
  
  Research from College of Business explores impact of celebrity ...  Nevada Today
  
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• GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania

  15-05-2023 19:10
  
  Despite multiple warnings from Voshy, the meme coin's creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security.
  
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• Avalanche Nearing Key Support, Is It Expecting Recovery Anytime Soon?

  15-05-2023 19:00 via newsbtc.com
  
  Avalanche (AVAX) has experienced a bearish week with several price floors being lost. However, in the last 24 hours, AVAX has moved up by 1.5%, suggesting a sideways trading session. The technical analysis indicates that bears still have control over AVAX, with decreased demand and accumulation.
  Buyers have lost interest due to previous bearish influence. Bitcoin’s price has been indecisive, losing the $27,000 price zone. Major altcoins have followed this trend. Although BTC has shown some
  
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• Crypto Investment Funds See Outflows for Fourth Consecutive Week

  15-05-2023 18:51
  Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
  
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• G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets

  15-05-2023 18:46 via cointelegraph.com
  
  Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye towards quickly implementing the “travel rule” for crypto assets.
  
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• Tokenization Is the Way to Realize the Biden’s Electric Vehicle Overhaul

  15-05-2023 18:28
  
  As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer.
  
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• South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal

  15-05-2023 18:20 via newsbtc.com
  
  On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets.Officials said they are currently investigating whether Kim used insider information to acquire his massive digital assets worth around $4.5 million and to find out their origin. As part of the probe, prosecutors raided Upbit and Bithumb earlier today and
  
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• Worldcoin Raises Close To $100M For Its Global Cryptocurrency - Blockzeit

  15-05-2023 18:01 via news.google.com
  
  Worldcoin Raises Close To $100M For Its Global Cryptocurrency  Blockzeit
  
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• Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint

  15-05-2023 18:00
  
  The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners.
  
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• Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

  15-05-2023 18:00
  
  The company raised $4.2 million in seed round,led by ElectricCapital.
  
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• Pro-XRP Lawyer Shares Opinion PEPE Explosion, What Did He Say?

  15-05-2023 17:40 via newsbtc.com
  
  Pro-XRP lawyer John Deaton has dropped his opinions on PEPE while the viral meme coin’s investors brood over its massive price plunge.
  The Pepe the Frog-themed meme coin became prominent immediately after launch, rallying 1,000% within the first two days.
  Pepe’s performance and increasing popularity secured it a listing on Binance, further pushing its price by over 200%. However, some investors were uncomfortable with the sudden price surge and have been asking questions. 
  
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• PMGroup365 Wins the Cryptocurrency Awards 2023 for the Second Time Back to Back - Yahoo Finance

  15-05-2023 17:38 via news.google.com
  PMGroup365 Wins the Cryptocurrency Awards 2023 for the Second Time Back to Back  Yahoo Finance
  
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• Polygon Co-Founder Launches Web3 Fellowship Program

  15-05-2023 17:31
  
  Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.
  
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• South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

  15-05-2023 17:14 via cointelegraph.com
  
  The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced.
  
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• US Secret Service to Host Reddit AMA on Cryptocurrency Crime ... - Cryptonews

  15-05-2023 17:06 via news.google.com
  
  US Secret Service to Host Reddit AMA on Cryptocurrency Crime ...  Cryptonews
  
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• Why Are Bitcoin And Crypto Up Today?

  15-05-2023 17:00 via newsbtc.com
  
  The price of Bitcoin has risen by 2% over the past 24 hours. After nine consecutive red daily candlesticks, the price of BTC finally posted a green daily candlestick yesterday (Sunday). However, analysts are divided as to whether Bitcoin will now climb back towards $30,000 or whether it will head lower again.
  Why Are Bitcoin And Crypto Are Up Today
  Today’s rise in Bitcoin can, as always, be attributed to several reasons, all of which are interrelated. However, a major focus for the Bitcoin
  
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