Ripple price analysis shows that the XRP/USD pair started a fresh increase after it found support near $0.4550. The price is now trading well above the $0.4850 resistance and the 100 simple moving ave...
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Do Kwon Wants to Fork LUNA’s Blockchain to Make ‘Terra Classic’
In brief UST and LUNA collapsed last week. Terra users will soon vote on whether to fork the blockchain. Terra Network co-creator Do Kwon is trying to revive the fallen blockchain after its UST stable...
Terra Meltdown Concerns European Officials; Renews Call for Legislation
European officials have called for immediate regulation of crypto in light of the Terra-led market crash. Bank of France Governor Francois Villeroy de Galhau said at a conference: “Crypto-assets could...
RockFlow Secures $10 Million in Angel Round Funding
To expand its team and develop technology-driven products, RockFlow, an investment and financing platform, yesterday announced that it has secured $10 million in angel round funding from Bluerun Ventu...
Niftables’ Upcoming White-label Solution And NFT Marketplace Can Bring In A Mainstream Audience
The NFT industry welcomes artists and brands looking to impact the digital world. However, there is still a lack of white-label solutions to facilitate such a transition. Niftables has come up with a ...
Do Kwon Suggests Terra Hard Fork to Revive Troubled Network
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network. In a series of tweets, Kwon suggested: “The Terra c...
Top Crypto Analyst Says Bitcoin (BTC) Just Flashed ‘Extremely Reliable’ Bottom Indicator
A closely tracked crypto trader says Bitcoin (BTC) just flashed a signal that has historically marked the bottom of previous bear markets. In a new strategy session, analyst Kevin Svenson tells his 68...
India’s Central Bank Reiterates Negative Views on Cryptocurrencies: Report
The Reserve Bank of India (RBI) toughened up its stance against cryptocurrencies, citing the rising asset class as a threat to its sovereign interest and a negative impact on the banking system. The n...
Will Curbs on the Gamification of Trading End Retail Demand?
Games are fun. But the cocktail of gaming and financial services can be dangerous. These two are contrasting phenomena and can be very risky. “Gamification techniques add games or game-like competitiv...
Filecoin [FIL]: Investors yowling ought to respect the law of opportunity
The crypto market crash of last week has affected every token present in the worst possible way. With plummeting prices and a slow road to recovery, most tokens are still struggling to reach their roa...
Global Car Sales To Fall, Spooked By Russian Invasion, China’s Shutdown
Aerial view Vehicle carrier vessel cruising at car park in sea port or manufacture waiting for … [+] shipping export to worldwide. getty Global car sales were supposed to rally this year as manu...
Terra Crash Spilled Over Into Other L-1 Blockchains, Here’s How
Terra’s recent crash appears to have undermined investor confidence in other major layer-1 (L-1) blockchains, data shows. The blockchain’s value imploded in the first two weeks of May, and is now trad...
Portugal to lose crypto tax haven status as state announces gains duties
To the chagrin of many Golden Visa seekers, Portuguese Finance Minister Fernando Medina has confirmed that his country will begin taxing cryptocurrency but has not committed to a date. The move to sta...
Dogecoin Founder Says 95% Cryptocurrencies Are Garbage And Scam, Elon Musk Responds
– Advertisement – The outspoken Dogecoin creator is not holding back as he slams illicit cryptocurrency projects. The creator of Dogecoin (DOGE) Billy Marcus has slammed the majority of cr...
President Nayib Bukele announces that 44 countries will meet in El Salvador to discuss Bitcoin
El Salvador President Nayib Bukele announced a meeting of 32 central banks and 12 financial authorities from 44 countries on Twitter late Sunday night. On Monday, May 16, this meeting will take place ...
The INX Digital Company Reports Growth in New Registrations for Q1 2022
NEO-listed owner of digital asset trading platforms, The INX Digital Company recently released its financial results for the first quarter ended 31 March 2022. With a total of 17,674, the company saw ...
Institutions Poured $300M Into Bitcoin Funds During Terra Meltdown: Report
Bitcoin price volatility seems to have been a sale klaxon for institutional investors last week, some of which poured $299 million into exchange-traded Bitcoin funds, according to a new CoinShares rep...
Luna Foundation Sold 80K Bitcoin in ‘Last Ditch Effort to Defend’ UST Peg
The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3.5 billion bitcoin it held in reserve “as a last ditch effort to defend the [UST] ...
クラウドフレアがイーサリアムノード立ち上げ、web3実験開始へ | あたらしい経済
クラウドフレアがイーサリアムノード立ち上げ、web3実験開始へ コンテンツデリバリネットワーク（CDN）やセキュリティサービス、DDoS防御など統合型グローバルクラウドネットワークを提供するクラウドフレア（Cloudflare）が、「PoS（プルーフオブステーク）」を採用する次世代web3ネットワークに向けた実験を開始することが5月16日に分かった。 実験の目的は、環境問題...
BTC Price Fluctuates Above $30K
Bitcoin Trades in a Tight Range as BTC Price Fluctuates Above $30K – May 16, 2022 Since May 12, BTC/USD has been consolidating above the $29,000 support as BTC Price fluctuates above $30K. For the pas...
Can Bitcoin Holders Expect Bull Run in 2022? Here’s Where BTC Price is Heading Next!
Over the previous 24 hours, the market has been in the negative as retracement has been observed across the board. Bitcoin, the market leader, fell 2.5 percent, while Ethereum fell 4.03 percent. Avala...
European Union Could Start Testing a CBDC in 2023, ECB Executive Says
With the crash of TerraUSD —the largest algorithmic stablecoin in the ecosystem— and the de-pegging of other stablecoins like Stasis, DEI (not to be confused with DAI and even Tether), financial insti...
Dahab Alealam: Major Muslim crypto-asset set to launch the Open Token Sale
In the Muslim world, the crypto economy is strengthening its foundations. In early May 2022, Arab News announced the use of Bitcoin as a means of payment by Emirates, a major airline. Cryptocurrencies...
Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman’s comments come in wake of the Terra blockchain losing most of it...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
The Dismay of the UST Stablecoin Tenure; An Unexpected Fall – crypto.news
In a very harrowing turn of events for Terra, the blockchain ecosystem has opted to indefinitely halt the trade on its UST and LUNA tokens. The second halt in 24 hours came at a very ominous date, Fri...
Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy
The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...
Grayscale set to roll out first European ETF
Grayscale Investments announced on Monday it is set to make a play for Europe, with its first exchange traded fund (ETF) in the region. The product, known as the Grayscale Future of Finance UCITS ETF...
Portugal to Tax Cryptocurrency Income According to Minister of Finance – News Bitcoin News
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
The United States Department of Justice may move forward on a criminal prosecution case against a United States citizen who allegedly violated sanctions through cryptocurrency. According to a Friday o...
Do Kwon Proposes New Plan to Revive Terra
Alex Dovbnya Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project Do Kwon, the controversial co-founder of Terra, has come up with yet another rescue plan for the...