Bitcoin and Major Altcoins Lose Support With 20% DumpBitcoin and lots of altcoins lost support over the last 24-hours.
The misfortune caused a price dump of about 20% respectively.
The global crypto market cap is currently at $2.03 trillion.
The flagship cryptocurrency Bitcoin (BTC) and many major altcoins have suddenly lost their support in the…[Read more]

Ethereum Price Prediction: ETH/USD Reverses Against Its UptrendEthereum Price Prediction – May 17As the ETH/USD market worth got hiked to touch slightly past the high level of $4,500, the crypto’s point shortly […]

Defying COVID-19: Blockchain events make an in-person returnThe year 2020, for most of the inhabitants of our planet, was passed in lockdowns or quarantine due to the COVID-19 pandemic; many were forced to stay at home. Social events were canceled or postponed, and entire sectors of the world economy suffered huge losses.

The start of this year…[Read more]

Bitcoin Dominance Slips To 3-Year Low As Liquidation Hits $2.5 Billion LongsYesterday’s Twitter feud between business tycoon Elon Musk and the crypto community had far-reaching consequences that went beyond the constant verbal sparring on the popular social media site. For the crypto market, it was a disaster. Liquidation Galore In The Crypto M…[Read more]

Bottlepay App Lets Users Transact Bitcoin And Sterling Through TwitterAnalysis reveals that Bottlepay is the first app that facilitates bitcoin or sterling payments through Twitter. One tweet, for instance, ‘@bottlepay send @recipient £10’ will immediately send the command to shift the specified quantity of sterling from one user’s account to the…[Read more]

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Bitcoin Holds Support, Massive Resistance Located At $50,000Bitcoin has been dropping gradually in recent days after it lost momentum, with traders disregarding the influence of institutional adoption. BTC continued to slide over the weekend and is now down around 18% month-to-date. The crypto approached initial support of around $42,000 that was…[Read more]

Elon Musk To Develop Own Crypto If Dogecoin Is Not ‘Satisfactory’Elon Musk, the Tesla founder and CEO, said that he might go on to develop his crypto in case Dogecoin (DOGE), the crypto that launched as a joke, cannot do what he wants. Musk has been blamed for many movements in the cryptocurrency market after his company decided to acquire $1.5 b…[Read more]

Banking system consumes two times more energy than Bitcoin: researchAmid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network.

Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energ…[Read more]

Wall St weighed down by inflation jittersReuters) – Technology stocks pulled Wall Street’s main indexes lower on Monday, as signs of inflationary pressures building up in the economy kept investors worried about monetary policy tightening.

Nine of the 11 major S&P sectors declined, with technology shedding about 1%. Apple Inc (NASDAQ:AAPL) and…[Read more]

Is crypto dead? No system this volatile will ever be capable of being a marquee currency system. It has to be more stable and it’s not looking probable at this point. It fits the mold of a craze better than it does a financial system. #cryptocurrency #cryptotwitter

— SafeMoonCapone (@safemooncapone) May 17, 2021

Elon Musk impersonators stole more than $2 million in crypto scams, regulator says https://t.co/WCeeuuO2n5

— CNBC (@CNBC) May 17, 2021

#Bitcoin sentiment may be finding a bottom.

When sentiment begins trending higher on @tradethechain, price usually follows.

If $BTC can bounce at support (~$43.7k), we should begin to lift higher.

This is a great opportunity for a swing trade with a target near $45k. pic.twitter.com/kGvpIxhoMQ

— Nick Mancini (@tradernmx) May 17, 2021

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Banking system consumes two times more energy than Bitcoin: researchAmid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network.

Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energ…[Read more]

Bitcoin Bleeds: Tesla’s Bitcoin Intact, Says ElonElon clarified that Tesla (NASDAQ:TSLA) did not sell its Bitcoin holdings
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k. The price drop started after Tesla closed its doors on a…[Read more]

STMX to Make Some Big Announcement Says CEO Simon YuStormX CEO tweeted about some big projects they are working on.
The project includes debit cards, NFTs, partnerships, and more.
The StormX community is excited about the announcement.
StormX CEO Simon Yu tweeted yesterday about some big projects they are working on. The mentioned projects…[Read more]

Peter Schiff: Buying Bitcoin is Gambling, Not InvestingEuro Pacific Capital CEO Peter Schiff tweeted that buying Bitcoin is gambling.
He refers to Elon Musk’s recent announcement of Tesla (NASDAQ:TSLA) not accepting BTC payments.
Bitcoin touched a new low this week, valued at approximately $44,295.
American millionaire and CEO of Euro Pacific C…[Read more]

Vitalik Buterin Burns 410 Trillion SHIB After Donating to India Relief FundEthereum Founder Vitalik Buterin burned 410 trillion Shiba Inu (SHIB) tokens
The value of the burned amount goes to almost up to 7 billion dollars
Vitalik also donated 1.5 billion dollars worth of SHIB to the India COVID-Crypto Relief Fund
Ethereum Founder Vitalik Buterin…[Read more]

Vitalik burns $6.7B of Shiba to reward generous hodlersEthereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin clone, Shiba Inu (SHIB).

In a statement embedded into the transaction on May 16, Vitalik Buterin explained why he decided to burn $6.7 billion worth of SHIB tokens, emphasizing the…[Read more]