Ethereum Falls 10% In RoutInvesting.com – Ethereum was trading at $3,400.57 by 16:39 (20:39 GMT) on the Investing.com Index on Sunday, down 10.32% on the day. It was the largest one-day percentage loss since May 15.

The move downwards pushed Ethereum’s market cap down to $395.84B, or 19.00% of the total cryptocurrency market cap. At its highest,…[Read more]

Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a mythHistorically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date.

However, as Coi…[Read more]

Argentina’s tax body reportedly asks crypto firms to report all activityA tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC).

Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges and payment firms to provide monthly reports of all…[Read more]

Good morning community, have a great day 🌞

VORTECS Report: Dammit, Musk, now you’re messing with AAVE too?Who knew what, and when did they know it?

Investigating Watergate in 1973, Senator Howard Baker Jr. wanted the answer. Thanks to a couple of journalists, he eventually got it. And while the stakes may not be as high, the team at Cointelegraph Markets Pro is pretty curious about some…[Read more]

Capture the industry? Token IPOs aim for $200T global capital marketEarlier in May, INX Limited — a Gibraltar-based blockchain trading platform — announced the completion of its INX token sale event, which took place via an initial public offering. The event marked the first time that the United States Securities and Exchange Commission app…[Read more]

Weekly Roundup: Tesla stops accepting Bitcoin payments, Ethereum is overpriced, eBay enables NFT trading on its platformAs part of its economic recovery plan, Hungarian lawmakers are planning to give Bitcoin investors tax cuts.
Software and data analytics company Palantir now accepts Bitcoin payments. There are also plans to add the leading…[Read more]

Crypto industry brass explains harnessing renewable energy could help BTC minersThe energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks.

On Friday, CNBC posted an interview with SUKU CEO Yonathan Lapchik, during which he explained the Bitcoin minin…[Read more]

QuickSwap – The DEX Curating An Economical and Scalable Way to Swap TokensThe rise of decentralized finance has massively boosted the number of transactions occurring on the Ethereum blockchain. It led to the congestion on the network and users paying higher gas fees to process their transactions. The cost to execute a trade has gone so high t…[Read more]

Ripple (XRP) Challenges SEC LawsuitRipple formally filed a defense against the SEC lawsuit.
SEC wanted to dismiss the lack of due process and fair notice excuse for the XRP token as a security.
The US Securities and Exchange Commission (SEC) proposed a motion against Ripple (XRP). Of note, the SEC filed the document purposely to reject the “lack o…[Read more]

Twitter CEO Jack Dorsey Tweets in Favor of BitcoinJack Dorsey recently tweeted in support of Bitcoin.
Dorsey believes no one person can change or stop the top crypto.
The tweet came in the wake of Elon Musk criticizing Bitcoin.
Jack Dorsey, Twitter, and Square Inc (NYSE:SQ) CEO, recently showed his support for Bitcoin in a tweet.

#bitcoin changes…[Read more]

Supply chains reimagined: Enterprise DeFi finances personal protective equipmentSupply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally.

A recent…[Read more]

Inflation winds stiffen as Bitcoin ballast on balance sheets proves its valueAs corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of corporations are taking stock of their treasury reserve holdings. If the worst happens, and the dollar and other reserve currencies weaken,…[Read more]

The World Economy Is Suddenly Running Low on Everything(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously stocking up.

Mattress producers to car manufacturers to aluminum foil makers are buying more material than t…[Read more]

1/meh, I'm not worried about #Bitcoin. It will recover and #Bitcoin2021 in Miami will bring some cool heads together to bring greener more powerful energy to America and Europe. It's good you stirred up the community but $DOGE and Big blocks have been beaten to death. pic.twitter.com/7t2CAcDVUQ

— 🟧🧡TheBitcoinBeast.BTC #WAGGGS (@TheBTCBeast) May 17, 2021

https://twitter.com/eBargainsToday/status/1394214765438771202

Multiple #ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up pressure while tech companies, #cryptocurrency exchanges and others worried about getting caught in the crossfirehttps://t.co/pwZrUw6AqP

— The Hindu (@the_hindu) May 17, 2021

BINANCE REGISTRATIONS OPEN!
Secure your space in the world of crypto

Register RIGHT NOW at the leading Crypto Exchange: #Bitcoin #Binance Airdrop giveaway

➡️ https://t.co/xM9kH8QNQN ⬅️

— richdaddy.polygon | 355.x (@jokotoyetobi) May 17, 2021

Apparently there is now a “Fuck Elon Musk” cryptocurrency and it’s mooning.😂😂😂#ElonMusk #Elon #Musk #ElonMusk #elon pic.twitter.com/gE8fWpChoZ

— P2Exchange.Com (@P2_exchange) May 17, 2021

BAKING AND BUILDING – One of the first big #proofofstake protocols to launch – #Tezos continues to build a wide ecosystem of new and innovative applications. 💪🏻💪🏻

Learn more from Bitcoin Suisse Fundamentals! 👇🏻https://t.co/NB03io1cLk

— Bitcoin Suisse (@BitcoinSuisseAG) May 17, 2021