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Cryptocurrencies Are Here to Stay, Says Billionaire David RubensteinBillionaire private equity titan David Rubenstein has revealed he believes cryptocurrencies like bitcoin are here to stay, dismissing suggestions the market is a fad and could fade away in the future. Speaking to CNBC on ”Squawk Box,” Rubenstein said he hasn’t personally inves…[Read more]

HaloDAO Raises $3.5 Million Seed Investment To Create a Global Liquidity NetworkDecentralized finance protocol HaloDAO raised $3.5 million in seed investment
The round was led by Parataxis Capital and included many big players in the industry
The project aims to create a global liquidity network through stablecoins
Decentralized finance protocol…[Read more]

Bitcoin Price Prediction: BTC/USD Plunges Below $38,000Bitcoin Price Prediction – May 21 Today, BTC/USD faced a pullback as the price slide below $40,000 and tested support near the $35,000 level. BTC/USD […]

Mike Novogratz: BTC Will Stay Down for a WhileCentralization concerns are still apparent for many early Bitcoiners. DeFi has streamlined cash flow through a trustless network; however, CeFi, which operates similarly to a centralized financial entity, grants fund security. Thus, platforms such as BlockFi, Nebeus, or other centralized financial…[Read more]

Blockfi Screwed Up: The Generous Present Of Over 700 BTCCentralization concerns are still apparent for many early Bitcoiners. DeFi has streamlined cash flow through a trustless network; however, CeFi, which operates similarly to a centralized financial entity, grants fund security. Thus, platforms such as BlockFi, Nebeus, or other centralized…[Read more]

Bitcoin Falls 10% In RoutInvesting.com – Bitcoin was trading at $37,535.3 by 10:37 (14:37 GMT) on the Investing.com Index on Friday, down 10.19% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Bitcoin’s market cap down to $715.5B, or 43.47% of the total cryptocurrency market cap. At its highest,…[Read more]

Polygon (MATIC) skyrocketing: why and what’s next?Scalability issues and resistant blockchain networks are the impediments to enabling mass adoption. Ethereum has been scrutinized as early as 2017 when Cryptokitties clogged the network. As a result, sequencing in the blockchain space has operated to enhance network capabilities and provide f…[Read more]

China’s State Council Implements Bitcoin Mining BanChina’s State Council has issued a new report identifying Bitcoin mining as a key sector that may cause a slew of ‘financial risks’ for the Chinese economy, the first time that the state organization has issued such a pronouncement aimed directly at the crypto mining sector.The State Council…[Read more]

Litecoin Falls 13% In RoutInvesting.com – Litecoin was trading at $192.821 by 10:20 (14:20 GMT) on the Investing.com Index on Friday, down 12.66% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Litecoin’s market cap down to $13.891B, or 0.77% of the total cryptocurrency market cap. At its highest,…[Read more]

EOS Falls 12% In RoutInvesting.com – EOS was trading at $5.9470 by 10:18 (14:18 GMT) on the Investing.com Index on Friday, down 12.07% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed EOS’s market cap down to $6.1509B, or 0.34% of the total cryptocurrency market cap. At its highest, EOS’s market cap…[Read more]

China Merchants Bank International Partners with Nervos NetworkChina Merchants Bank International partnered with blockchain network Nervos
They will launch InNervation — a 50 million dollar fund
The fund will focus on early and growth-stage startups building decentralized applications
Open-source public blockchain network Nervos recently a…[Read more]

Cathie Wood Sees BTC Hitting $500K Per UnitCathie Wood of Ark Invest believes bitcoin will reach a price of $500,000. Cathie Wood: Bitcoin Still Has a Solid Future Her words come at a rather “inopportune” time considering the world’s largest and most popular cryptocurrency by market cap has fallen by roughly 33 percent at the time of writi…[Read more]

Cryptos: Bitcoin is ‘a con,’ declarers media luminary Barry DillerAsked to weigh in on the crypto phenomenon, IAC Chairman Barry Diller had this to say: “I think it’s a con.”

US Close – Stocks pare gains after hot data drives taper fears, Oil pares weekly loss, Gold gives up gains after PMI readings, Bitcoin down again on China heatUS stocks reversed course after both hawkish comments from the Fed’s Harker and an impressive flash PMI reading that made another series high, as average selling prices for goods and ser…[Read more]

XRP Falls 10% In SelloffInvesting.com – XRP was trading at $1.11065 by 08:56 (12:56 GMT) on the Investing.com Index on Friday, down 10.18% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed XRP’s market cap down to $51.52910B, or 2.92% of the total cryptocurrency market cap. At its highest, XRP’s market…[Read more]

Bitcoin, Ether Prices Continue Falling on Regulatory FearsCryptocurrency prices dropped, extending the week’s selloff, after fresh comments from Chinese officials spurred fears of a regulatory crackdown.

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Canadian Bitcoin ETFs Facing Issues – Should You Still Buy Crypto?Exchange-traded funds (ETFs)in Canada have faced major issues during the crypto market crash. This has raised alarm concerning the possible approval of Bitcoin ETFs in […]

Sportbet.one: Fair Crypto-Gambling PlatformThe online gambling market has been steadily growing over the last few years, with Zion Market Research estimating that the sports betting industry alone will be at a $155 billion valuation by 2024, implying annual growth of over 10%. The online gambling industry is growing despite having a number of…[Read more]

3 Reasons Why Coinbase Osprey Fund Acquisition Would Make SensePopular US cryptocurrency exchange Coinbase is rumoured to be in talks to acquire asset management firm, Osprey Fund. Osprey currently runs two investment funds and […]

Coinbase Hit with Technical Problems Following BTC CrashThe price of bitcoin has taken another nasty dive, and this means the currency is trading in the $30,000 range. It has now fallen close to $30,000 per unit from its April high of nearly $64,000 and exchanges like Coinbase are experiencing huge technical problems as a result. Coinbase Is…[Read more]