Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocolsIn a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived.

Offchain Labs announced the launch of Abritrum One with a blog post late las…[Read more]

Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?
Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, inc…[Read more]

Cardano leads tepid crypto market recovery ahead of Memorial DayCardano’s ADA cryptocurrency was back in the spotlight Sunday, leading a tepid market recovery following news that the developer network was inching closer to launching smart contracts.

Market update
The combined value of all cryptocurrencies rose 4.4% on Sunday to $1.6 trillion, a…[Read more]

Cryptos: Bitcoin is headed toward its worst month since 2011; ‘Rich Dad, Poor Dad’ author says that’s ‘great news’“Bitcoin crashing. Great news,” tweeted “Rich Dad, Poor Dad” author Robert Kiyosaki on Sunday, saying it provides a good buying opportunity.

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Experts answer: How does Elon Musk affect crypto space?Experts answer: How does Elon Musk affect crypto space?
“Musk’s tweets and the resulting effects certainly may have hurt crypto in the eyes of some institutional investors. While a good deal of investors already consider Musk a bit of a clown and aren’t making investment decisions based on hi…[Read more]

Cardano Jumps 21% In Rally Investing.com – Cardano was trading at $1.643326 by 13:55 (17:55 GMT) on the Investing.com Index on Sunday, up 20.84% on the day. It was the largest one-day percentage gain since May 20.

The move upwards pushed Cardano’s market cap up to $52.551394B, or 3.38% of the total cryptocurrency market cap. At its highest,…[Read more]

XRP Climbs 10% In Bullish TradeInvesting.com – XRP was trading at $0.89160 by 13:50 (17:50 GMT) on the Investing.com Index on Sunday, up 10.12% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed XRP’s market cap up to $41.07055B, or 2.64% of the total cryptocurrency market cap. At its highest, XRP’s…[Read more]

Sweden moving forward in e-krona CBDC trialsSweden has made a number of strides toward its own central bank digital currency, or CBDC, called the e-krona. The Sveriges Riksbank, the country’s central bank, now looks to experiment with the asset using a non-simulated party.

As reported by Reuters, Riksbank detailed on Friday via a statement: “…[Read more]

Ethereum Price Prediction: ETH/USD Climbs by 6.71%Ethereum Price Prediction – May 30 If the Ethereum price prepares for the uptrend, the coin will be technically and fundamentally ready to break above […]

Bitcoin Price Prediction: BTC/USD Climbs to $36,500Bitcoin Price Prediction – May 30 Bitcoin (BTC) begins to flash some signs of strength as this could mark a notable rise from its recent […]

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Understanding the systemic shift from digitization to tokenization of financial servicesUnderstanding the systemic shift from digitization to tokenization of financial services
The financial industry has seen a rise in demand for exposure to digital — and crypto — assets in all asset classes. This has led to interest, demand and investment fro…[Read more]

UK Police Uncover Bitcoin Mining Operation Using Stolen PowerPolice in the United Kingdom were flabbergasted after they were forced to switch perspectives mid-assignment. Law enforcement within the country took part in a raid on a specific property thinking that it was growing and housing illegal marijuana. However, upon busting down the doors and…[Read more]

Ignore the headlines — Bitcoin mining is already greener than you thinkIgnore the headlines — Bitcoin mining is already greener than you think
Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent analy…[Read more]

Crypto firms not meeting AML standards, says UK ministerCryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official.

John Glen, a member of U.K. Parliament and the economic secretary to the Treasury, pointed out major…[Read more]

Good Night, Little Crypto Monsterz, Sweet Dreamzzz!🌝🌗🌘🌚

2 Bitcoin price indicators suggest BTC has not bottomed yet

As Microsoft Azure closes shop, ConsenSys Quorum opens up to new usersAs Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain…[Read more]

Cardano: High Hopes for Summer 2021Cardano: High Hopes for Summer 2021
There is a lot of optimism surrounding Cardano’s smart contracts feature launch.
Hoskinson mentioned in an interview that the Alonzo mainnet will launch as planned.
ADA climbed by 30% soon after his comments.
Recently, many altcoins have lost value in the crypto market. These i…[Read more]

Dogecoin Listing Was Thanks to Its Fanbase, say eToro CEODogecoin Listing Was Thanks to Its Fanbase, say eToro CEO
eToro listed Dogecoin in May sending the crypto surging to a new ATH.
CEO Yoni Assia attributed the listing to the crypto’s strong fanbase.
eToro is going public later this year through a $10.4 billion merger.
eToro CEO Yoni Assia r…[Read more]