Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in MayNEW YORK (Reuters) -Bitcoin jumped more than 10% during a surge in cryptocurrencies Monday, regaining some ground lost during a weekend sell-off that was sparked by renewed signs of a Chinese crackdown on the emerging sector.

Bitcoin, the world’s largest…[Read more]

U.S. Federal Reserve is Exploring Its Own Digital Currency After China Beat It to the PunchU.S. Federal Reserve announced that its considering the possibility of its own CBDC
According to Jerome Powell, the design of a CBDC would raise important monetary questions
The Fed’s announced the plans of publishing only a “discussion paper” on the topic…[Read more]

Bitcoin Rebounds as Bearish Bets Ease; BTC Bull Repeats $100K TargetInvesting.com – Bitcoin rebounded Monday following a rout over weekend as bearish bets against the popular crypto eased, prompting one crypto bull to repeat a bold claim that BTC would top $100,000 by year end.

BTC/USD rose 17%, to $38,155, rebounding from a low of $31,192 seen S…[Read more]

Bitcoin Jumps 20% In a Green DayInvesting.com – Bitcoin was trading at $39,809.1 by 16:01 (20:01 GMT) on the Investing.com Index on Monday, up 20.29% on the day. It was the largest one-day percentage gain since December 7, 2017.

The move upwards pushed Bitcoin’s market cap up to $740.9B, or 44.26% of the total cryptocurrency market cap. At its…[Read more]

EOS Soars 30% In Bullish TradeInvesting.com – EOS was trading at $5.1568 by 15:06 (19:06 GMT) on the Investing.com Index on Monday, up 30.45% on the day. It was the largest one-day percentage gain since May 11.

The move upwards pushed EOS’s market cap up to $4.8904B, or 0.30% of the total cryptocurrency market cap. At its highest, EOS’s market…[Read more]

Elon Musk and Michael Saylor Form Working Group With North American Bitcoin MinersWeeks after Tesla’s pronouncement that it will no longer accept Bitcoin as a payment method for its electric vehicles, the car manufacturer’s chief executive disclosed that they have are in discussion with Bitcoin miners based in North America.According to Mus…[Read more]

Fed’s Bostic: Crypto, stablecoins an ‘area we cannot ignore’WASHINGTON (Reuters) – The rapid development of cryptocurrency and digital finance generally is “an area we cannot ignore,” Atlanta Federal Reserve President Raphael Bostic said on Monday while pointing to volatility in technologies like bitcoin and their shortcomings as a substitute for…[Read more]

Futures firm as tech stocks rise on lower bond yields(Reuters) – U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

The S&P 500 and the Nasdaq ended about 1% higher on Monday after Federal Reserve officials maintained…[Read more]

https://www.20min.ch/story/finanztrickser-l-c-25-brachte-anleger-um-hunderttausende-franken-570181143752

Good morning community, have a great day 🌞

“Personally, I’d rather have #bitcoin than a bond" said @RayDalio. Welcome to the team Ray. We agree.https://t.co/kxcSoAOSsp

— Michael Saylor⚡️ (@saylor) May 24, 2021

https://twitter.com/jimmyblow5/status/1396869221435547649

Stellar Lumen (XLM) Price Eyes Fresh Rally above $0.45Stellar lumen price extended its decline below the $0.5500 and $0.5000 support levels against the US Dollar. XLM price is now trading well below $0.5000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4500 on the 4-hours chart…[Read more]

Virgin Galactic, AMC Entertainment, Coinbase Rise PremarketInvesting.com — Stocks in focus in premarket trade on Monday, May 24th. Please refresh for updates.

Virgin Galactic (NYSE:SPCE) stock rose 19% after the space travel company completed its first flight in more than two years, increasing the company’s chance of being commercially s…[Read more]

Shares wary on U.S. inflation, battered bitcoin charts recoveryLONDON/SYDNEY (Reuters) – Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from its hammering on news of China’s clampdown on mining and trading of cryptocurrencies.

European stocks were…[Read more]

Despite Crypto Market Crisis, Crypto Hedge Funds’ Interest in DeFi is GrowingDespite Crypto Market Crisis, Crypto Hedge Funds’ Interest in DeFi is Growing
The crypto hedge funds volume of assets increasing every year.
Chainlink, Polkadot, and AAVE are proven as the most popular assets.
More traditional financial institutions already invested or…[Read more]

Ethereum Climbs 12% In a Green DayInvesting.com – Ethereum was trading at $2,270.11 by 04:48 (08:48 GMT) on the Investing.com Index on Monday, up 11.66% on the day. It was the largest one-day percentage gain since May 20.

The move upwards pushed Ethereum’s market cap up to $263.55B, or 17.48% of the total cryptocurrency market cap. At its…[Read more]

Cardano Climbs 16% In Bullish TradeInvesting.com – Cardano was trading at $1.466768 by 04:46 (08:46 GMT) on the Investing.com Index on Monday, up 16.40% on the day. It was the largest one-day percentage gain since May 20.

The move upwards pushed Cardano’s market cap up to $46.507919B, or 3.08% of the total cryptocurrency market cap. At its…[Read more]

China crypto mining business hit by Beijing crackdown, bitcoin tumbles© Reuters. FILE PHOTO: Representations of the virtual currency Bitcoin and Ethereum stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration
SHANGHAI (Reuters) -Cryptocurrency miners, including HashCow and BTC.TOP, have halted all…[Read more]