Elon Musk impersonators stole more than $2 million in crypto scams, regulator says https://t.co/WCeeuuO2n5

— CNBC (@CNBC) May 17, 2021

#Bitcoin sentiment may be finding a bottom.

When sentiment begins trending higher on @tradethechain, price usually follows.

If $BTC can bounce at support (~$43.7k), we should begin to lift higher.

This is a great opportunity for a swing trade with a target near $45k. pic.twitter.com/kGvpIxhoMQ

— Nick Mancini (@tradernmx) May 17, 2021

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Banking system consumes two times more energy than Bitcoin: researchAmid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network.

Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energ…[Read more]

Bitcoin Bleeds: Tesla’s Bitcoin Intact, Says ElonElon clarified that Tesla (NASDAQ:TSLA) did not sell its Bitcoin holdings
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k. The price drop started after Tesla closed its doors on a…[Read more]

STMX to Make Some Big Announcement Says CEO Simon YuStormX CEO tweeted about some big projects they are working on.
The project includes debit cards, NFTs, partnerships, and more.
The StormX community is excited about the announcement.
StormX CEO Simon Yu tweeted yesterday about some big projects they are working on. The mentioned projects…[Read more]

Peter Schiff: Buying Bitcoin is Gambling, Not InvestingEuro Pacific Capital CEO Peter Schiff tweeted that buying Bitcoin is gambling.
He refers to Elon Musk’s recent announcement of Tesla (NASDAQ:TSLA) not accepting BTC payments.
Bitcoin touched a new low this week, valued at approximately $44,295.
American millionaire and CEO of Euro Pacific C…[Read more]

Vitalik Buterin Burns 410 Trillion SHIB After Donating to India Relief FundEthereum Founder Vitalik Buterin burned 410 trillion Shiba Inu (SHIB) tokens
The value of the burned amount goes to almost up to 7 billion dollars
Vitalik also donated 1.5 billion dollars worth of SHIB to the India COVID-Crypto Relief Fund
Ethereum Founder Vitalik Buterin…[Read more]

Vitalik burns $6.7B of Shiba to reward generous hodlersEthereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin clone, Shiba Inu (SHIB).

In a statement embedded into the transaction on May 16, Vitalik Buterin explained why he decided to burn $6.7 billion worth of SHIB tokens, emphasizing the…[Read more]

Pluton (PLU) increases over 100% in value after a $5 million Alphabit dealPlutus, a DeFi start-up that is pioneering the crypto card sector has secured a $5 million funding from a prominent crypto fund, Alphabit. As one of the only working cards within the DeFi niche, the funding could be the catalyst for a huge uptick for the company, something…[Read more]

Bitcoin crisis, Elon Musk criticized, Ether thrives, Dogecoin survives: Hodler’s Digest, May 9–15Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointel…[Read more]

Elon Musk hints Tesla may offload BTC, goes to war with crypto TwitterElon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla (NASDAQ:TSLA)’s CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter.

On May 16, Musk replied to a tweet p…[Read more]

Changing the Face of DeFi: Spherium Finance Raises $3.3 Million in Seed and Private Sale RoundsThe DeFi industry has massively disrupted traditional finance, offering a borderless, trustless solution to millions of unbanked individuals around the world. With over $85 billion locked in DeFi protocols, the power that decentralised finance wields has…[Read more]

Bitcoin Market Dominance Plunges To A 3-Year Low Of 40%While bitcoin continues to tumble in response to Elon Musk’s Twitter activity once more, the altcoin dominance has grown to its highest level in about three years. The altcoins have gained strength after tagging a record combined capitalization of around $1.5 trillion in the past week. At t…[Read more]

Elon Musk Said Tesla May Offload Bitcoin, Encounters Crypto Twitter BacklashElon Musk seems to have again become a catalyst for bitcoin’s (BTC) price losing over 10% over the weekend. The losses came in after the Tesla CEO seemed to suggest that the company may be aiming to dump bitcoin from its balance sheet in Q2 2021. Musk is duking it out w…[Read more]

Unlike Dogecoin, Catecoin Gives a New Meaning to Meme Coins with Real Use casen the present-day connected world, memes have become an integral part of our pop culture. While one can’t put a monetary value on the entertainment they provide, its creators can definitely be encouraged and rewarded for their contribution towards a lively internet. C…[Read more]

Altcoins pop while Bitcoin looks for support near $50,000(BTC) continues to look for direction, but as this occurred, Ether (ETH) and altcoins bounced higher from the Thursday sell-off. Dogecoin (DOGE) shocked investors with its 47% rally that kicked off after Coinbase announced that it would list DOGE in the coming months. DOGE’s price also r…[Read more]

Live Dealer BTC Casino Games – What Can I Play?Discover if you can play live dealer casino games at leading crypto casinos using Bitcoin and other options with our guide. In many ways, Bitcoin casinos can offer virtually the same experience as a conventional online casino. This is terrific news if you are thinking of making the jump but are c…[Read more]

Litecoin Falls 10% In SelloffInvesting.com – Litecoin was trading at $279.038 by 23:15 (03:15 GMT) on the Investing.com Index on Monday, down 10.03% on the day. It was the largest one-day percentage loss since May 12.

The move downwards pushed Litecoin’s market cap down to $18.731B, or 0.90% of the total cryptocurrency market cap. At its highest,…[Read more]

Is that it now Elon? Is the Bitcoin recovery now on?Bitcoin and the crypto markets took one hell of a crash overnight and this morning following Elon Musk and Tesla’s complete about face regarding Bitcoin. Musk has faced a backlash on Twitter following hints that his company might sell its Bitcoin – a threat that has now been denied.

The Elo…[Read more]