Cryptos Bounce Back As Backers Try To Prove A Point Investing.com – The world of cryptocurrencies and blockchain is staging a recovery after Wednesday left it badly bruised.

Bitcoin (BitfinexUSD), the crypto with the largest market cap, was back above $42,000, bouncing back from the $30,000 depth it sank to a day earlier.

Ethereum ETH/USD a…[Read more]

Self-titled Crypto Watch ‘War on Rugs’ Exit-Scams UsersSelf-titled crypto watchdog War on Rugs scams users ‘for their own good’.
War on Rugs audits smart contracts and warns others it thinks is vulnerable to abuse.
WoR and Fairmoon took an estimated amount of $2.3 million after disappearance.
War on Rugs (WoR), a self-titled anti-scam crypto…[Read more]

Fisker Car Company Rejects the Idea of BTC PaymentsElectric car company Fisker Inc. is taking a page out of Tesla’s book and is giving a big thumbs down to the idea of bitcoin payments, claiming it will not be accepting the world’s largest and most popular cryptocurrency by market cap anytime soon for goods and services. Fisker Says “No” To BTC…[Read more]

Uniswap v3 Volume Surpasses SushiSwap, v2 NextUniswap v3 surpassed SushiSwap and is now the second largest DEX on Ethereum.
Uniswap v2 and v3 now control 60% of DEX trade volume on Ethereum.
v3 also set a new daily processing record amid yesterday’s market crash.
Uniswap v3 is now the second largest decentralized exchange (DEX) on the Ethereum n…[Read more]

Red Bull Racing Partners With Tezos BlockchainTezos gets selected as Red Bull Racing Honda’s official blockchain partner.
Red Bull Racing plans to launch the Team’s first-ever range of digital collectible NFTs on Tezos.
The Red Bull Racing Honda Team welcomes on board Tezos as its official blockchain partner. Tezos is a pioneering and ene…[Read more]

TaxWatch: Treasury wants businesses to report crypto transactions above $10,000‘They are signaling ‘we are going to get all kinds of indications of people spending crypotcurrency,’ one observer said

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Two Paths Of A Bitcoin Bull Run, And If A Bear Phase Is NextBitcoin price has plummeted more than 50% from recent highs, falling to as low as $30,000 in a matter of a flash. The selloff was enough to shock the entire market, causing the most liquidations and coins to be deposited since Black Thursday. There’s now talk of the bull run being over, h…[Read more]

Fantom ($FTM) Partners With Chainlink ($LINK) to Give Developers On-chain RandomnessFantom, one of the world’s fastest growing blockchain platforms has announced it is working alongside Chainlink ($LINK), the most popular and trusted decentralized oracles provider. Chainlink also expanded their tech to ensure verifiable randomness, which is now n…[Read more]

deFIRE and Coin360 Partner To Add Aggregated Data on ADAdeFIRE and Coin360 partner to provide reliable DEX prices on Cardano.
The partnership could boost Cardano’s native token ecosystem.
The partners are already exploring future collaborations.
deFIRE, a smart order routing DeFi project, has announced its partnership with live data aggregator C…[Read more]

Dow snaps 3-session skid, buoyed by upbeat employment figures; Coinbase halts 6-session drop as bitcoin reboundsU.S. stocks on Thursday finished higher for the first time in four sessions, buoyed by upbeat labor-market data as investors shook off worries that a pickup in inflation could force the Federal Reserve to start reining in its…[Read more]

India Recognizes Blockchain’s Potential: CoinDCX CEOCoinDCX’s Gupta says India sees crypto’s potential and rules out a blanket ban.
He noted that India might form a panel to regulate crypto as digital assets.
India may be rethinking its policy on crypto use in the country.
Change of heart? India-based exchange CoinDCX’s CEO and Co-Founder Sumit G…[Read more]

BSCPad and TRON Partner to Launch TRONPADBSCPad and TRON partner to launch TRONPAD on the TRON network.
TRONPAD will be the first native IDO launchpad on TRON.
BSCPad, the largest IDO platform on Binance Smart Chain (BSC), is partnering with super blockchain TRON. The two will work together to launch TRONPAD, a native IDO launchpad on TRON.

Of…[Read more]

Instagram to Host a Professional Development Panel for NFT ArtistsInstagram plans to host an event for NFT creators.
It will be a series of virtual streaming sessions.
The social media network Instagram is planning to host an event for Non-Fungible Token (NFT) creators.

According to an NFT artist Sean Williams (NYSE:WMB), Facebook-owned social…[Read more]

Jim Cramer: Elon Musk Has Too Much Crypto PowerJim Cramer is not too happy about how much power Elon Musk has in the crypto community. Jim Cramer Doesn’t Like How Much Power Elon Musk Has His attitude stems from recent events in which Musk was alleged to have caused a serious backtracking of bitcoin’s price. The currency had been trading for a new…[Read more]

Bitcoin Whale Reaccumulates 3,521 BTC After Selling At $58KBitcoin has received some positive news even after plunging deep into a historic price collapse earlier in the week. On May 20, a mysterious whale allegedly reaccumulated a huge stash of the cryptocurrency after they sold off 3,000 BTC on May 9 for an average price of about $58,503.39.…[Read more]

Dubai Airport Free Zone (DAFZA) Cleared for Crypto LiftoffDAFZA has signed an agreement with SCA.
This new agreement enables firms to trade with crypto, licensed within DAFZA.
Dubai Airport Free Zone Authority (DAFZA) has signed an agreement with the Securities and Commodities Authority (SCA). In order to uphold the regulation, offering, issuance,…[Read more]

Bitcoin Price Prediction: BTC/USD Remains at $40,500Bitcoin Price Prediction – May 20 Our Bitcoin price prediction shows that BTC/USD is up by more than 10% as the price struck a sudden […]

Bitcoin’s Price Is Going to $500,000, Says Ark Investment’s Cathie WoodThe CEO of Ark Investment Management, Cathie Wood, has revealed in an interview that she believes the price of the flagship cryptocurrency bitcoin will go to $500,000, despite the recent crypto market crash. In a Bloomberg TV interview, Wood said that bitcoin was “on sale”…[Read more]

Cryptocurrency Investors Ask Google if They Should Sell After Crypto Market CrashCryptocurrency markets have been crashing over the last few days, with bitcoin dropping from a $57,000 high to $32,000 before it started recovering. The drop has seen search interest for cryptoassets reach a new all-time high on the world’s largest search engine. D…[Read more]

Recovery rally takes bitcoin back above $40k; Treasury proposal weighs on gainsLONDON/TOKYO/NEW YORK (Reuters) -A rebound in bitcoin held strong on Thursday, even as the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service and the Federal Reserve flagged the…[Read more]