Gold hits four-month high following crypto crashIn the aftermath of the Mid-May crypto market sell-off, gold has seen significant price recovery.

Gold prices continued to inch higher on Tuesday, hitting $1,887 per ounce at 3:00 am EDT, according to data from TradingView.

Spot gold year-to-date chart. Source: TradingView
Total crypto market cap…[Read more]

Korea’s crypto market is among the strongest — and the strangest — in the worldOn a day in which Bitcoin crashed briefly to $30,000 in a rampant bear market, the leading cryptocurrency never got anywhere close to that on Korean exchanges. The so-called “kimchi premium” saw to that, keeping the price of Bitcoin as much as $5,000 above its level on…[Read more]

Art Invest splashes $20 million on BitcoinArk Invest has joined MicroStrategy to buy the latest Bitcoin dip. The hedge fund company spent nearly $20 million to buy Bitcoin.

According to a filing with the U.S. Securities and Exchange Commission, the Cathie Wood-led investment firm bought $19,872,939 worth of Bitcoin. Meanwhile, Kellen Carter, the…[Read more]

The importance of block sizes, and the rise of off-chain solutionsThe cryptocurrency sector has undergone a seismic shift in recent years as retail investors and publicly listed companies make their way into the space.

Globally, estimates suggest that the number of crypto users surged by about 190% between 2018 and 2020.

Billionaire Ray Dalio is a Bitcoin hodlerDuring a recent appearance at CoinDesk’s Consensus conference, hedge fund manager Ray Dalio revealed that he had some Bitcoin in his portfolio.

Although the billionaire did not state the amount of Bitcoin in his portfolio, he explicitly noted that he would rather own the leading cryptocurrency than g…[Read more]

Historically accurate Bitcoin metric suggests BTC price has bottomed outAs the price of Bitcoin (BTC) is attempting to establish support at $37,000 on Tuesday, the recent $30,000 lows may have been the bottom, suggests one derivatives market indicator that has a history of accurately predicting BTC/USD cyclical lows following its bear cycles.

The…[Read more]

European stocks rise as central banks pledge easy monetary policy(Reuters) – European stocks rose to near all-time highs on Wednesday as a host of central bank policymakers pledged to keep monetary policy loose despite recent signs of an uptick in inflation.

The pan-European STOXX 600 index rose 0.3% by 0711 GMT, with Germany’s DAX up 0.4%,…[Read more]

https://www.20min.ch/story/so-viel-sind-bitcoin-ethereum-und-dogecoin-wert-422720149473

Sleep well cryptonauts 🌛

Good Night, Little Crypto Monsters, Sweet Dreams!🌚🌃🌜

When will we see BTC >$60K?$BTC @bitcoin

— CryptoMonkeyMan (@CryptoMonkeyMa1) May 25, 2021

pic.twitter.com/SzVYkInhrn

— Bitcoin (@Bitcoin) May 25, 2021

I think this is one of the most interesting finance charts in the world right now. #Bitcoin pic.twitter.com/qvIdI5UHAB

— Preston Pysh (@PrestonPysh) May 25, 2021

Nothing like getting 100% #Bitcoin back when buying myself a new hardware wallet case. @fold_app pic.twitter.com/9nLVo4OF0A

— Mark My Words (@MarkPatPetersen) May 24, 2021

Bitcoin and other cryptocurrencies plunged earlier this month after Elon Musk said Tesla would stop accepting bitcoin as payment for its vehicles because of the huge amount of energy needed to mine bitcoin. But Musk might be having a slight change of heart https://t.co/rHKHb9nRDp pic.twitter.com/WpKoxtiAwJ

— CNN (@CNN) May 25, 2021

https://twitter.com/NotationQuo/status/1397290315099344896

https://twitter.com/NotationQuo/status/1397298141683142656

This weekend, some #Bitcoin miners came together to talk about the energy challenges we face, both real & imagined, and work on solutions together for the good of the entire industry. Details below: https://t.co/fo9fs9ghuy

— Michael Saylor⚡️ (@saylor) May 25, 2021

Powers On… Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweetsPowers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International U…[Read more]