Don’t Bet Against Beijing’s Efforts to Smother BitcoinChina has three big reasons to further crack down on bitcoin mining and trading activity, which means that the climate for cryptocurrencies in the country is likely to worsen.

Is a Flight from Cryptocurrencies Sparking Inflows into QQQ?A Bitcoin correction could be the impetus behind a flight from cryptocurrencies to ETFs like the Invesco QQQ Trust (QQQ). The price of Bitcoin was up close to 120% before recently coming back down to earth. The leading cryptocurrency is still up close to 30% this year, however. “In w…[Read more]

YouTube crypto analyst loses millions in Bitcoin valueCarl, of the Moon YouTube channel, recently admitted to losing half his net worth in Bitcoin value. He said that he lost millions of dollars in just a couple of days. However, he insists that he will retain his Bitcoin for the long term and that he will not sell any of it.

He explained in a…[Read more]

Vitalik Buterin Fast-tracks Ethereum Migration to PoS – Invest Now?Ethereum migration to PoS (proof of stake) is being speeded up – is this a big buy signal or will the developer fail to deliver […]

Bitcoin (BTC) Price Prediction: BTC/USD Remains Stable As Bitcoin Is in a Downward CorrectionBitcoin (BTC) Price Prediction – May 25, 2021 For the past week, Bitcoin is in a downward correction as price fluctuates between $32,000 and $42,500. […]

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Bitcoin attempts to close in on $40,000 after Elon Musk said he spoke to miners about energy usageThe price of bitcoin is approaching $40,000 once again after Tesla CEO Elon Musk tweeted that was having active discussions with bitcoin miners.

Project Integration on the Polygon EcosystemPolygon is a well-structured and easy-to-use platform for infrastructure development and Ethereum scaling. At its core, the company aims to provide quick and affordable transactions on Ethereum using its Full-Stack scaling solution. However, the full scope of the company exceeds the ideology of increased…[Read more]

Tesla CEO Elon Musk Explains Why He Favors Dogecoin ($DOGE) Over Other AltcoinsOn Monday (May 24), Tesla and Space X CEO Elon Musk commented once again on Dogecoin ($DOGE), which has to be his favourite cryptocurrency based on how often he talks about it. He started by sending a tweet to invite people to suggest improvements for Dogecoin on GitHub…[Read more]

Litecoin Surges 21%, Analyst Says $LTC Could Hit $1000 in Current Bull MarketRecently, popular pseudo-anonymous crypto analyst and influencer “Coin Bureau” (“@coinbureau” on Twitter) talked about “one of the oldest serving alt coins on the market.” In a YouTube video (titled: “Litecoin: Is LTC Seriously Underrated? My Take!!”) released on May…[Read more]

TA: Ethereum Closes Above 100 SMA, Here’s What It Means for ETHEthereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise. Ethereum extended its recovery wave above the $2,550 and $2,600 levels. The price is now trading above the $2,500 s…[Read more]

Bitcoin Revisits $40K: Here’s Why BTC Turned Attractive On DipsBitcoin price gained bullish momentum above the $38,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to remain supported near $37,000. Bitcoin started a steady increase above the $37,000 and $38,000 resistance levels. The price is now trading a…[Read more]

Another DeFi project attacked, $3.6 million stolenAn attacker has stolen about $3.6 million from another decentralized finance (DeFi) project, Bogged Finance. The latest attack comes just days after a malicious actor carted away with $200 million in a flash loan attack on PancakeBunny.

An aftermath report published by security firm, PackShield,…[Read more]

Houbi suspends futures trading amid regulatory hurdles from ChinaCrypto exchange Huobi has started restricting its Chinese customers from accessing some of its services.

Although the exchange moved out of China in 2017 following a ban from the country’s regulators in 2017, it has managed to maintain a large user base from Chinese customers. H…[Read more]

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]