Crypto Flipsider News – May 20th – Market Dip, BlockFi, Elon Musk, Michael Saylor, Changpeng Zhao, Justin Sun, Uniswap, SushiSwapDailyCoin flipsider news comes back! The crypto market experiences strong earth-shaking. We didn’t want to miss anything important, so we returned the flipsider out the ground and asked him to comment on the latest event…[Read more]

Bitcoin: Wie Tesla-Chef Elon Musk die Kryptowährung bewegtInvesting.com – Nach fünf schwachen Handelstagen startet der Bitcoin einen Erholungsversuch. Kurz nach Handelsbeginn in den USA stand der Leitwolf der Kryptowelt wieder über 41.000 Dollar, bevor er wegen einer Meldung aus den USA, wonach das US-Finanzministerium eine Meldepflicht für all…[Read more]

India Recognizes Blockchain’s Potential: CoinDCX CEOCoinDCX’s Gupta says India sees crypto’s potential and rules out a blanket ban.
He noted that India might form a panel to regulate crypto as digital assets.
India may be rethinking its policy on crypto use in the country.
Change of heart? India-based exchange CoinDCX’s CEO and Co-Founder Sumit G…[Read more]

BSCPad and TRON Partner to Launch TRONPADBSCPad and TRON partner to launch TRONPAD on the TRON network.
TRONPAD will be the first native IDO launchpad on TRON.
BSCPad, the largest IDO platform on Binance Smart Chain (BSC), is partnering with super blockchain TRON. The two will work together to launch TRONPAD, a native IDO launchpad on TRON.

Of…[Read more]

Instagram to Host a Professional Development Panel for NFT ArtistsInstagram plans to host an event for NFT creators.
It will be a series of virtual streaming sessions.
The social media network Instagram is planning to host an event for Non-Fungible Token (NFT) creators.

According to an NFT artist Sean Williams (NYSE:WMB), Facebook-owned social…[Read more]

Dubai Airport Free Zone (DAFZA) Cleared for Crypto LiftoffDAFZA has signed an agreement with SCA.
This new agreement enables firms to trade with crypto, licensed within DAFZA.
Dubai Airport Free Zone Authority (DAFZA) has signed an agreement with the Securities and Commodities Authority (SCA). In order to uphold the regulation, offering, issuance,…[Read more]

Crypto recovery rally fades as Treasury proposal weighs on gainsLONDON/TOKYO/NEW YORK (Reuters) – A more than 10% rally in bitcoin was clipped Thursday after the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service.

The proposal came one day after a brutal…[Read more]

Good morning community, have a sunny day 🌞❤

Good Night, Little Crypto Monster, Sweet Dreams!🌕🌖🌗🌘🌑🌚🌃

Gold prices log a fifth straight rise as a drop in bitcoin supports the metalGold futures climbed Wednesday, extending their rally to a fifth straight session, with a drop in bitcoin prompting investors to seek refuge in the precious metal. This year, bitcoin and cryptocurrencies saw much more investment demand and retail participation than gold,…[Read more]

EOS Plunges 38% In SelloffInvesting.com – EOS was trading at $5.8232 by 08:45 (12:45 GMT) on the Investing.com Index on Wednesday, down 37.72% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed EOS’s market cap down to $6.4084B, or 0.38% of the total cryptocurrency market cap. At its highest, EOS’s…[Read more]

Litecoin Plunges 39% In RoutInvesting.com – Litecoin was trading at $186.332 by 08:48 (12:48 GMT) on the Investing.com Index on Wednesday, down 38.95% on the day. It was the largest one-day percentage loss ever.

The move downwards pushed Litecoin’s market cap down to $14.895B, or 0.89% of the total cryptocurrency market cap. At its highest,…[Read more]

Ethereum Plunges 34% In Bearish TradeInvesting.com – Ethereum was trading at $2,243.40 by 08:50 (12:50 GMT) on the Investing.com Index on Wednesday, down 34.30% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Ethereum’s market cap down to $289.64B, or 17.25% of the total cryptocurrency market…[Read more]

Bitcoin Tumbles 24% In SelloffInvesting.com – Bitcoin was trading at $34,318.1 by 08:54 (12:54 GMT) on the Investing.com Index on Wednesday, down 24.39% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Bitcoin’s market cap down to $698.8B, or 41.61% of the total cryptocurrency market cap. At…[Read more]

New OCC head requests review of cryptocurrency rules The United States’ banking regulator, the Office of the Comptroller of the Currency, is set to review cryptocurrency-related rulemaking following Brian Brooks’ departure.

Michael Hsu, the newly-appointed Acting Comptroller of the Currency, has requested a staff review of former OCC rul…[Read more]

United States OCC Chief Will Review Previously-Issued Crypto RegulationsThe United States Office of the Comptroller of the Currency will review crypto policies.
The new OCC Chief Michael Hsu will prioritize the review of key regulatory standards.
Hsu expressed his concern on the initiatives previously issued.
The new United States Office of the…[Read more]

Kusama: Recent 50% Surge, Developments, and the FutureKusama (KSM) recently began a terrific price rally which saw the asset rise by over 50%.
This increment in value has seen Kusama trade at over $581 which now reflects in its market capitalization which is now at $4.9 billion.
The rise in value can be attributed to a number of factors including…[Read more]