Experts answer: How does Elon Musk affect crypto space?Experts answer: How does Elon Musk affect crypto space?
“Musk’s tweets and the resulting effects certainly may have hurt crypto in the eyes of some institutional investors. While a good deal of investors already consider Musk a bit of a clown and aren’t making investment decisions based on hi…[Read more]

Cardano Jumps 21% In Rally Investing.com – Cardano was trading at $1.643326 by 13:55 (17:55 GMT) on the Investing.com Index on Sunday, up 20.84% on the day. It was the largest one-day percentage gain since May 20.

The move upwards pushed Cardano’s market cap up to $52.551394B, or 3.38% of the total cryptocurrency market cap. At its highest,…[Read more]

XRP Climbs 10% In Bullish TradeInvesting.com – XRP was trading at $0.89160 by 13:50 (17:50 GMT) on the Investing.com Index on Sunday, up 10.12% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed XRP’s market cap up to $41.07055B, or 2.64% of the total cryptocurrency market cap. At its highest, XRP’s…[Read more]

Sweden moving forward in e-krona CBDC trialsSweden has made a number of strides toward its own central bank digital currency, or CBDC, called the e-krona. The Sveriges Riksbank, the country’s central bank, now looks to experiment with the asset using a non-simulated party.

As reported by Reuters, Riksbank detailed on Friday via a statement: “…[Read more]

Ethereum Price Prediction: ETH/USD Climbs by 6.71%Ethereum Price Prediction – May 30 If the Ethereum price prepares for the uptrend, the coin will be technically and fundamentally ready to break above […]

Bitcoin Price Prediction: BTC/USD Climbs to $36,500Bitcoin Price Prediction – May 30 Bitcoin (BTC) begins to flash some signs of strength as this could mark a notable rise from its recent […]

Continue Reading

Understanding the systemic shift from digitization to tokenization of financial servicesUnderstanding the systemic shift from digitization to tokenization of financial services
The financial industry has seen a rise in demand for exposure to digital — and crypto — assets in all asset classes. This has led to interest, demand and investment fro…[Read more]

UK Police Uncover Bitcoin Mining Operation Using Stolen PowerPolice in the United Kingdom were flabbergasted after they were forced to switch perspectives mid-assignment. Law enforcement within the country took part in a raid on a specific property thinking that it was growing and housing illegal marijuana. However, upon busting down the doors and…[Read more]

Ignore the headlines — Bitcoin mining is already greener than you thinkIgnore the headlines — Bitcoin mining is already greener than you think
Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent analy…[Read more]

Crypto firms not meeting AML standards, says UK ministerCryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official.

John Glen, a member of U.K. Parliament and the economic secretary to the Treasury, pointed out major…[Read more]

Good Night, Little Crypto Monsterz, Sweet Dreamzzz!🌝🌗🌘🌚

2 Bitcoin price indicators suggest BTC has not bottomed yet

As Microsoft Azure closes shop, ConsenSys Quorum opens up to new usersAs Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain…[Read more]

Cardano: High Hopes for Summer 2021Cardano: High Hopes for Summer 2021
There is a lot of optimism surrounding Cardano’s smart contracts feature launch.
Hoskinson mentioned in an interview that the Alonzo mainnet will launch as planned.
ADA climbed by 30% soon after his comments.
Recently, many altcoins have lost value in the crypto market. These i…[Read more]

Dogecoin Listing Was Thanks to Its Fanbase, say eToro CEODogecoin Listing Was Thanks to Its Fanbase, say eToro CEO
eToro listed Dogecoin in May sending the crypto surging to a new ATH.
CEO Yoni Assia attributed the listing to the crypto’s strong fanbase.
eToro is going public later this year through a $10.4 billion merger.
eToro CEO Yoni Assia r…[Read more]

Cathie Wood: Elon Musk Will Be Integral to Crypto’s FutureIn recent weeks, Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has been taking a lot of flack regarding his stance on bitcoin and his alleged role in the asset’s downfall, but according to Cathie Wood of Ark Invest, Musk is going t…[Read more]

DeFi bucks crypto market correction as Uniswap v3 leads the chargeDeFi bucks crypto market correction as Uniswap v3 leads the charge
Decentralized exchange Uniswap successfully launched version 3 of its platform in May — resulting in high trade volumes despite a downturn across the cryptocurrency markets.

The latest version of the hugely p…[Read more]

COMIT Launches Monero-Bitcoin Atomic Swaps on Mainnet© Reuters. COMIT Launches Monero-Bitcoin Atomic Swaps on Mainnet
COMIT Network launched Monero and Bitcoin atomic swaps to mainnet.
COMIT is the first network to implement atomic swaps on mainnet.
Atomic swap enable trustless cross-chain trades.
COMIT Network has launched an atomic swap for…[Read more]

A UK-Based Digital Bank Suspends All Payments To Crypto ExchangesA UK-Based Digital Bank Suspends All Payments To Crypto Exchanges
UK-based digital bank Starling suspended all payments to crypto exchanges.
A spokesperson for the bank said that the measure is temporary.
Goldman Sachs-backed UK Digital Bank Starling announced it had suspended all…[Read more]