Cryptocurrency news

• Should Bored Apes or other NFTs be regulated as securities?

  22-05-2023 23:41 via cointelegraph.com
  Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary.
  
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• Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

  22-05-2023 23:41
  
  The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.
  
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• Election officials fine Oregon Democratic Party, seek criminal ... - Salem Reporter

  22-05-2023 23:30
  
  Election officials fine Oregon Democratic Party, seek criminal ...  Salem Reporter
  
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• Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching

  22-05-2023 23:30 via cointelegraph.com
  Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold.
  
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• Litecoin Surpasses $90, But This Level Remains Crucial For The Altcoin

  22-05-2023 23:00 via newsbtc.com
  
  Despite the prevailing selling pressure in the cryptocurrency market, Litecoin has emerged as a standout performer. While the past 24 hours have not witnessed significant movement in the LTC price, the weekly chart reveals an appreciation of nearly 4%.
  A significant breakthrough occurred as Litecoin surpassed the crucial $90 price level, signaling a positive shift in its price. Technical analysis suggests that the bulls hold sway over the price action, with demand and accumulation indicators dis
  
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• Dash blockchain down for hours after hard fork fail, devs to try upgrade again June 14

  22-05-2023 22:45 via cointelegraph.com
  The v19 hard fork didn’t go as planned for the privacy coin, but a fix has been released; v18 had experienced a few kinks, too.
  
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• OpenAI warns superhuman AI may arrive within a decade: ‘We have to get it right’

  22-05-2023 22:30 via cointelegraph.com
  OpenAI leadership weighed the pros and cons of trying to stop the development of superhuman AI and decided it was in humanity’s best interest to forge ahead.
  
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• G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

  22-05-2023 22:30 via cointelegraph.com
  The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
  
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• Top Cryptocurrency News Sources To Follow - Complete Sports

  22-05-2023 22:27
  
  Top Cryptocurrency News Sources To Follow  Complete Sports
  
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• Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko

  22-05-2023 22:26
  
  Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
  
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• Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares

  22-05-2023 22:10
  
  The outflows totalled $32 million last week, pushing total during the streak to $232 million.
  
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• Ethereum (ETH) Beacon Chain Shatters Records With $7.7 Billion Inflows

  22-05-2023 22:00 via newsbtc.com
  
  Ethereum’s (ETH) Beacon Chain has seen significant inflows since staking withdrawals were enabled on April 12th, with over $7.7 billion worth of Ethereum deposited into the contract. This is despite some initial predictions of a flood of outflows following the Shanghai Upgrade.
  The Beacon Chain is a core component of Ethereum 2.0, the next generation of the Ethereum blockchain. It is a Proof-of-Stake (PoS) blockchain responsible for coordinating validators, validating transactions, and pro
  
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• Rising BTC transaction fees are a good thing, Bitcoin educator shares

  22-05-2023 21:30 via cointelegraph.com
  Dan Held, the chief marketing officer at Trust Machines believes that rising Bitcoin transaction fees may encourage users to look at other Layer-2 solutions.
  
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• Bitcoin price consolidation at $27,000 sparks speculation of imminent BTC breakout

  22-05-2023 21:30 via cointelegraph.com
  BTC’s price could be on the verge of a bullish breakout, according to derivatives data, but ultimately the macroeconomic scenario will dictate the trend.
  
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• USDT Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko

  22-05-2023 21:18
  
  Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
  
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• USDT Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko Says

  22-05-2023 21:08
  
  Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
  
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• Solana (SOL) Records Surge In New Active Addresses, But Onchain Activity Takes A Dive

  22-05-2023 21:00 via newsbtc.com
  
  The Solana (SOL) blockchain has recently witnessed a divergence in its on-chain activity and the number of new addresses joining its network. Despite an impressive surge in new addresses, SOL’s on-chain activity experienced a decline during May.Meanwhile, the asset’s price has also mirrored its on-chain activity as SOL has been in a downtrend in the past week, down by nearly 10%.
  On-Chain Activity Defies New Address Metrics
  As of this month (May), Solana demonstrated growth in its us
  
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• South Korea to vote on bill requiring crypto asset disclosure for lawmakers

  22-05-2023 20:35 via cointelegraph.com
  A recent political scandal has prompted the proposal of legislation intended to ensure South Korean officials report all digital asset holdings above roughly $760.
  
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• Global Cryptocurrency Services Market Valued at USD 8.2 Billion in 2022, Expected to Grow at a CAGR of 15.4% f - openPR

  22-05-2023 20:29
  Global Cryptocurrency Services Market Valued at USD 8.2 Billion in 2022, Expected to Grow at a CAGR of 15.4% f  openPR
  
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• How to Earn Cryptocurrency in 2023? Top 3 Best Ways: Coinbase, Wixpool, and IG Group | Bitcoinist.com - Bitcoinist

  22-05-2023 20:26
  How to Earn Cryptocurrency in 2023? Top 3 Best Ways: Coinbase, Wixpool, and IG Group | Bitcoinist.com  Bitcoinist
  
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• 2 more rate hikes? Bitcoin analyst counts down to 'huge' volatility

  22-05-2023 20:22 via cointelegraph.com
  Bitcoin fails to respond even to a market-moving fake news event about an explosion at the Pentagon.
  
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• The Cryptocurrency Symphony: Bitcoin's Fungible Dreams, Ethereum's Versatile Reality, and - Bitcoinist

  22-05-2023 20:07
  The Cryptocurrency Symphony: Bitcoin's Fungible Dreams, Ethereum's Versatile Reality, and  Bitcoinist
  
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• Philippines SEC says Gemini Derivatives is unregistered securities product

  22-05-2023 20:07 via cointelegraph.com
  Gemini Derivatives is available on the exchange’s new Foundation platform, but those selling or promoting it in the Philippines face fines and long imprisonment.
  
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• Why the Biggest Emerging Markets Are Turning to Crypto

  22-05-2023 19:38
  
  Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. And, despite official efforts to curb crypto activity, there are signs their citizens are turning to crypto assets as a hedge, says Noelle Acheson.
  
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• Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

  22-05-2023 19:36
  
  The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two
  
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• Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course

  22-05-2023 19:34
  
  To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.
  
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• The Illusion of Calm: Unpacking the Recent Drop in Cryptocurrency Hacks - Crypto Mode

  22-05-2023 19:30
  The Illusion of Calm: Unpacking the Recent Drop in Cryptocurrency Hacks  Crypto Mode
  
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• How Does Current Bitcoin Rally Compare With Historical Ones?

  22-05-2023 19:30 via newsbtc.com
  
  Here’s how the current Bitcoin rally stacks up against the previous ones in terms of the drawdowns it has experienced so far.
  The Current Bitcoin Rally Has Seen A Peak Drawdown Of -18.6% So Far
  In a recent tweet, the on-chain analytics firm Glassnode compared the latest Bitcoin rally with the ones seen throughout the entire history of the cryptocurrency.
  Generally, rallies are compared using metrics like the percentage price uplifts recorded during them or the amount of time that they last
  
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• Web3 Educational Company Upstream Launches ‘Learn and Earn’ DAO Course

  22-05-2023 19:08
  
  To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.
  
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• Price analysis 5/22: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

  22-05-2023 18:59 via cointelegraph.com
  Bitcoin’s tight-range trading suggests that traders are content to wait for a catalyst to start the next trending move.
  
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• Korean crypto executives allegedly profited $2.3M from coin listing scandal

  22-05-2023 18:33 via cointelegraph.com
  Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone.
  
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• Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop

  22-05-2023 18:30
  
  Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships.
  
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• Dogecoin Transaction Count Rises 60X, But Why Are Prices Down?

  22-05-2023 18:20 via newsbtc.com
  
  Dogecoin’s on-chain transaction count is up more than 60X from roughly 20,000 transactions as of May 1 to over 1.20 million on May 20, BitInfoCharts data shows.
  60X Spike In Transaction Count
  The present spike represents a 60X expansion in the Dogecoin transaction count, a noteworthy development primarily due to the launch of Ordinals on the proof-of-work blockchain.
  The spike in Dogecoin’s transactions coincided with the launch of Ordinals on May 10. With Ordinals now on Dogecoin, a
  
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• Bitcoin has bottomed and the world's biggest cryptocurrency is on a new bull run, MicroStrategy's Michael Saylor says - Yahoo Finance

  22-05-2023 18:19
  Bitcoin has bottomed and the world's biggest cryptocurrency is on a new bull run, MicroStrategy's Michael Saylor says  Yahoo Finance
  
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• 40 held for online gambling, cryptocurrency activities - The Malaysian Insight

  22-05-2023 18:14
  
  40 held for online gambling, cryptocurrency activities  The Malaysian Insight
  
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• Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests

  22-05-2023 17:45
  
  The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco.
  
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• TON Foundation launches $25M accelerator program

  22-05-2023 17:25 via cointelegraph.com
  The accelerator will invest between $50,000 to $250,000 per project that builds on TON and has an MVP.
  
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• Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

  22-05-2023 17:24
  
  The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls.
  
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• Role Reversal: Ethereum Defies Expectations With Lower Volatility Than Bitcoin

  22-05-2023 17:20 via newsbtc.com
  
  Ethereum (ETH), the second-largest digital asset in the cryptocurrency sector, is currently captivating traders’ attention as volatility gauges indicate an intriguing shift in market dynamics. 
  Contrary to the customary pattern, these indicators are suggesting that Ether may experience relatively smaller near-term price fluctuations compared to Bitcoin, according to Bloomberg.
  This unexpected reversal has injected a fresh element of anticipation and curiosity among investors, who are
  
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• Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says

  22-05-2023 17:01
  
  The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.
  
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• Croatian Officials Address Cryptocurrency Fraud Concerns, Promote ... - The Dubrovnik Times

  22-05-2023 17:01
  
  Croatian Officials Address Cryptocurrency Fraud Concerns, Promote ...  The Dubrovnik Times
  
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• Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

  22-05-2023 17:00
  
  Sort allows developers to incorporate smart contracts into apps
  
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• Chainlink (LINK) Price Defies Bearish Pressure With Strong Recovery

  22-05-2023 16:30 via newsbtc.com
  
  The bearish pressure in Chainlink (LINK) since April 19, 2023, seems to have ended recently. Notably, the asset dropped from $8.57 to a low of $6.37, representing a dip of 25.67% between April and May 11.
  However, a strong recovery in the LINK market started on May 12 till date. On May 21, 2023, the coin rose to a local high of $6.782, changing the trend to favor the bulls.
  As the bulls take back control of the market, the price of LINK has increased significantly, giving the investors/traders h
  
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• When pizza became the unsung hero of Bitcoin’s history: A cheesy celebration

  22-05-2023 16:07 via cointelegraph.com
  Join the cheesy celebration and learn how Bitcoin Pizza Day shaped the adoption of cryptocurrencies.
  
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• US university gets $20M to create new AI institute

  22-05-2023 16:06 via cointelegraph.com
  The U.S.-based university Carnegie Mellon received $20 million in federal funding to create a brand new AI institute aimed at shaping public policy.
  
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• SuperRare's Latest NYC Gallery Pop-Up Will Bring Human Connection Back to NFT Art

  22-05-2023 16:00
  
  The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.
  
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• Meme Coin Season May Be Over As PEPE, SHIB, DOGE, Continue Decline

  22-05-2023 15:50 via newsbtc.com
  
  Momentum in the crypto market has ground to a near-halt over the last couple of days and meme coins are suffering the most for it. As market participants remain wary of their investment options, the likes of PEPE, SHIB, and DOGE have continued to decline, signaling an end to the short meme coin bull run experienced in April.
  Meme Coin Momentum Slows Significantly
  Meme coins have been one of the hardest hit presently as both large and small meme coins have been on a decline. For example, PEPE, a
  
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• Why is Bitcoin price stuck?

  22-05-2023 15:48 via cointelegraph.com
  
  Bitcoin is a volatile asset but BTC price can get stuck inside narrow trading ranges for week, if not months for multiple reasons.
  
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• AI financial tools: A smart way to manage money or a risky experiment?

  22-05-2023 15:47 via cointelegraph.com
  
  AI is transforming the world of finance, but is it ready for the retail sector? Experts weigh in.
  
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• Best Crypto Sports Betting Sites 2023

  22-05-2023 15:36 via newsbtc.com
  
  Crypto sports betting has emerged as a popular form of gambling that allows users to engage in betting using digital currencies such as Bitcoin, Ethereum, and many more.
  But what are the real advantages of using crypto at sportsbooks? And why has it become so popular amongst players?BC.GAME – Best Overall Crypto Bookie
  Betplay – Highest Odds Available
  Jackbit – Best Selection of Sports
  Cloudbet – Award Winning Sportsbook
  Luckyblock – Big in Football and Basketball
  V
  
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