Bitcoin ‘held up very well’ despite biggest exchange inflow since March 2020 crashBitcoin (BTC) has performed “very well” as traders have been sending more coins to exchanges than at any time since the March 2020 crash.

Data from on-chain monitoring resources CryptoQuant and Glassnode shows that BTC exchange inflows hit a one-year high on Thursda…[Read more]

Boxing Legend Mayweather Launching NFTs Later This MonthBoxing legend Mayweather is set to launch one-of-a-kind NFTs.
IronBend, Reality Gaming, and Zytara labs are teaming up for the launch.
The NFTs will drop on May 26, secured by blockchain technology.
Just ahead of his highly awaited wrestling match with Youtuber Logan Paul, legendary boxer…[Read more]

Cardano Takes the Lead In Development Activity, Hits New All-Time HighGitHub metrics measuring tool puts Cardano on top of the weekly development activity list
This list also shows Kusama, Polkadot, Gnosis, and Ethereum
Cardano (ADA) also reached a new all-time high of $2.18 today
Cardano recently topped the charts in blockchain development…[Read more]

Mining Pools: A Solution To The Centralization Problem of BitcoinHow did competition for block rewards lead to the centralization of the mining industry? Are mining pools the only solution to share the benefits of block rewards?

One of the most attractive features about Bitcoin is that it potentially gives us an avenue to get out of the…[Read more]

What is Bitski & Why Does Jay-Z Want To Invest In It?What Is Bitski?

Imagine that an iOS game wants to reward players with digital items or tokens. On Ethereum, users would have to set up an entirely new wallet, struggle with credentials, or use another solution like a clumsy web browser plugin. They would also have to own Ethereum already to pay…[Read more]

NewsWatch: Dogecoin prices surge 40% higher but here’s one sign the crypto is headed for a lasting breakout, analysts sayHere’s how to tell if dogecoin’s rebound is more bark than bite, according to technical analysts following the popular crypto.

DOGE surges as Elon Musk says he’s working with devs to ‘improve efficiency’Elon Musk’s latest foray into crypto markets came a few hours ago when he tweeted he is working with the Dogecoin developers to improve the cryptocurrency’s efficiency.

According to CoinGecko, the price climbed 26% from $0.38 this morning to $0.48 at the time of writing.…[Read more]

DBS Private Bank Launches Asia’s First Bank-Backed Crypto TrustDBS Private Bank launched a bank-backed crypto trust offering
This is the first bank-backed crypto trust launched in Asia
The service will handle Bitcoin, Ether, Bitcoin Cash, and XRP
Singapore-based banking firm DBS Private Bank launched the first bank-backed cryptocurrency trust o…[Read more]

New Australian Islamic finance DeFi platform is ‘guided by Sharia’A team based out of Sydney is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance.

The Marhaba Decentralized Financial Platform (marhaba means “welcome”…[Read more]

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]

Formula One Team AlphaTauri and Fantom Partner for F1 2021Italian Formula One team Alpha Tauri and Fantom partnership announced.
The team will support Fantom’s logos for its upcoming Grand Prixs in 2021.
Fantom’s eco-friendly appeal brought the two companies together.
Smart contracts platform Fantom and Italian Formula One team AlphaTauri are par…[Read more]

Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin paymentsThe founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk after the Tesla (NASDAQ:TSLA) CEO announced the electric car firm would stop accepting Bitcoin (BTC) as a form of payment.

The charges of hypoc…[Read more]

Singapore’s biggest bank launches crypto trust solutionDBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets.

After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via i…[Read more]

‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market.

According to the , cryptocurrency traders have not had such cold feet about the market climate since April 2020.…[Read more]

Square not revisiting its Bitcoin allocation, but still interested in the assetOver the course of 2020 and 2021, Square bought over $200 million worth of Bitcoin. At present, the payments company does not anticipate picking up more of the asset, according to its chief financial officer, Amrita Ahuja.

In an interview with Financial News, reported…[Read more]

IRS beams investigative light on BinanceAccording to a Bloomberg report, Binance Holdings is under investigation by the US Justice Department and Internal Revenue Service over money laundering and tax evasion concerns.

The news broke yesterday, sending the entire cryptocurrency market into a downward spiral. Bloomberg’s report came shortly a…[Read more]

Ether Could Usurp Bitcoin as Most Valuable Crypto by Year End: ExpertInvesting.com – Ether is up more than four-fold since the start of the year, and it won’t be long before it usurps bitcoin as the most valuable cryptocurrency in a “flippening” event that some say could come as soon as the end of the year, or early 2022.

ETH/USD rose 13% to $…[Read more]

Chance of a price crash increases as Cardano (ADA) futures near $1BThe impressive 816% gain of Cardano’s ADA coin in 2021 catapulted the smart contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago.

As…[Read more]

Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNIThe Crypto Fear and Greed Index has dipped to levels not seen since April 2020, indicating that traders are nervous about Tesla (NASDAQ:TSLA) backtracking on accepting Bitcoin (BTC) payments, Bitcoin’s multi-week technical weakness and U.S. regulator’s supposed investigation…[Read more]

MicroStrategy has continued to walk the talk, constantly reaffirming its confidence in Bitcoin. The business intelligence firm spent another $15 million on Bitcoin on Thursday.

CEO Michael Saylor disclosed the $15 million purchase on Twitter. MicroStrategy added another 217 Bitcoin to its strategic reserves at an average price of $55,387. In…[Read more]