Chinese power outage may have triggered Bitcoin’s latest flash crashIn April, Bitcoin crashed to $52,000 after crossing the $60,000 benchmark. Apart from the upcoming crypto regulations from the United States, several experts blamed the crash on a drop in hash rate. As per the reports, there was a major power outage in Xinjiang, China, which d…[Read more]

Bitcoin slides below $40k on news that China will crack down on crypto miningChinese regulators are planning a stricter clampdown on cryptocurrency. This time around, they will be going after cryptocurrency mining and trading.

China’s Financial Stability and Development Committee (FSDC) revealed during its 51st meeting that it intends to t…[Read more]

Elon Musk gets bashed by crypto Twitter for trying to bully Michael SaylorTesla’s CEO Elon Musk got more than he bargained for on Thursday after trying to troll MicroStrategy’s Michael Saylor for disputing an article on Bitcoin’s energy problems.

Although Musk may still be called the king of crypto Twitter, it appears that the community is getti…[Read more]

Cryptocurrencies are here to stay, another billionaire affirmsDavid Rubenstein, a private equity titan, has voiced his support for Bitcoin and other cryptocurrencies amid the market crash. The billionaire dismissed suggestions that the market is a bubble that will pop in the future.

During an appearance on CNBC’s Squawk Box, Rubenstein revealed t…[Read more]

“Crypto isn’t just a toy anymore,” Ethereum’s Vitalik Buterin saysIn a recent exclusive appearance on CNN Business, Ethereum’s co-founder Vitalik Buterin expressed his thoughts on the recent crypto market crash and the overall state of the crypto industry.

Buterin, who lost his billionaire status in the latest market correction, said that he w…[Read more]

Litecoin Price Prediction: LTC/USD Price Faces Rejection at $184Litecoin Price Prediction – May 22 The Litecoin price is moving down synchronously within the market and its sell-offs may be extended below the lower […]

If Ether is Digital Oil, Bitcoin is Digital GoldGold and oil have been a catalyst for many societal changes as they reshaped our values and ideals. Man-kind has placed value in scarce resources found within our earth, particularly when they are naturally occurring and the means of extraction requires complex instruments. Sound familiar?

Our…[Read more]

Ethereum Price Prediction: ETH/USD Holds Down, Lowering in ValuesEthereum Price Prediction – May 22There has been a strong dominance of downward pressure in the ETH/USD trade worth over some trading days’ sessions now. […]

The Market Dip: 5 Reasons WhyThe crypto market recorded its biggest dip of the year, sending the prices of Bitcoin to a low last recorded in February
The downtrend which started after Tesla (NASDAQ:TSLA) announced that it won’t be accepting Bitcoin as a means of Payment grew worse after China announced that cryptos have been barred
The resulting d…[Read more]

Celebrate Bitcoin Pizza Day With Pizza and Crypto DealsToday is Bitcoin Pizza Day.
11 years ago Bitcoin made its first-ever payment for a product and service.
To celebrate crypto companies are hosting many pizza-related crypto events.
The crypto community is celebrating Bitcoin Pizza Day today. Notably, this is to commemorate the first epic BTC…[Read more]

Bitcoin Price Prediction: BTC/USD Fluctuates at the Level of $40,000Bitcoin Price Prediction – May 22The BTC/USD market has got to trade around a lower point of $40,000 after it managed to spring up from […]

Whales Bought the Dip as BTC Price Dropped Below $36KWhales scooped up $5.5B in Bitcoin as its price dropped below $36,000.
Looking at the volume data, whales definitely made sure to buy at the dip.
BTC drops as Chinese government announces a crackdown on Bitcoin.
Based on derivatives data, whales scooped up $5.5B in Bitcoin as its price went down…[Read more]

Bitcoin Pizza Day Values First Official BTC Transaction At $372M For 2 PizzasOn May 22, 2010, Florida Man Laszlo Hanyecz reportedly spent a staggering 10,000 bitcoins at Papa John’s pizza in exchange for two pizzas. This transaction went on record as the first official use of bitcoin as a commercial transaction with a real-life company. Today is t…[Read more]

Cardano (ADA) Makes Its Real Estate Debut in MaltaCardano (ADA) enters the real estate field.
Dreamflats Ltd will soon accept ADA from renters for an upcoming apartment complex in Malta.
The apartments will be available for renting once it reaches completion in early 2022.
Cardano adoption is making its debut in the real estate industry. Home…[Read more]

Dollar Set for Short-Term Gain, but Will Resume Long-Term PainInvesting.com – The dollar ended the week lower Friday, though its days in the doldrums of darkness are coming to end in the short-term as the Federal Reserve prepares to begin talking about tapering.

“The Fed minutes may end the recent phase of USD weakness for now. It is probably…[Read more]

Dollar rises on upbeat U.S. manufacturing dataNEW YORK (Reuters) – The dollar rose against a basket of currencies on Friday, boosted by encouraging U.S. manufacturing data, but remained on track for a weekly loss as traders’ concerns about taper talk in U.S. Federal Reserve minutes moderated.

The dollar has given back much of the advance it made…[Read more]

EURJPY Price Topped at $132.7, a Bearish Reversal Movement EnvisagedEURJPY Price Analysis – May 21 Should the bears increase their pressure, the support level of $132.5 may be broken downside and the bearish momentum may extend to $132.0 and $130.9 price level. In case the Bulls defend the support level of $132.5, the coin will continue to i…[Read more]

Dollar Weakens; Concerns Over Fed Tapering EaseInvesting.com – The dollar traded lower in early European trade Friday, heading for a weekly loss as concerns eased over Federal Reserve members discussing potentially tapering back bond buying.

At 3 AM ET (0800 GMT), the Dollar Index, which tracks the greenback against a basket of six other…[Read more]

Dollar Down, Set for Weekly Loss as Fed Taper Talk Concerns DiminishInvesting.com – The dollar was down on Friday morning in Asia, staying near milestone lows and set to record a weekly loss. Investors’ risk appetite increased as concerns about the U.S. Federal Reserve’s hint of tapering eased, and economic recovery from COVID-19 gave other cur…[Read more]

Take Five: Will it pass or will it last?1/TRANSITORY OR NOT

The dollar is on the ropes, having erased its gains for 2020 versus a basket of currencies. The reversal stems from the Federal Reserve’s apparent resolve to keep printing money at the current pace despite signs of an economic and inflation rebound.

Fed officials mostly dismiss higher…[Read more]