Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption.
Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless.” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies.” Fed’s Bullard Says Most Cryptocurrencies Are Worthless Jim […]
Altcoins soar while Bitcoin and Ethereum price stall near key levels
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders […]
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading accounts for Ontario residents, the OSC’s breach and conduct report notes. OSC Says Poloniex Failed to […]
Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead
Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry.
PayPal users will be able to withdraw crypto to external wallets
Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform. Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform.
Dropping Today: Floyd Mayweather Jr.’s Legacy NFT Collection Available Now on Rarible
PRESS RELEASE. Legendary boxer and sports icon, Floyd Mayweather Jr.’s first ever NFT collection is officially available on Rarible. The drop includes digital collectibles celebrating the legacy of Floyd Mayweather Jr.’s life and career, including animations, physical artwork, and access to Mayweather Jr.’s both virtual and in-person meet and greets. Select NFTs are also associated […]
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum. Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum.
TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company.
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules Aim to ‘Punish Bitcoin Miners’ A regional report published by South China Morning Post’s […]
