Bitcoin Price Prediction: BTC/USD Remains at $40,500Bitcoin Price Prediction – May 20 Our Bitcoin price prediction shows that BTC/USD is up by more than 10% as the price struck a sudden […]

Bitcoin’s Price Is Going to $500,000, Says Ark Investment’s Cathie WoodThe CEO of Ark Investment Management, Cathie Wood, has revealed in an interview that she believes the price of the flagship cryptocurrency bitcoin will go to $500,000, despite the recent crypto market crash. In a Bloomberg TV interview, Wood said that bitcoin was “on sale”…[Read more]

Cryptocurrency Investors Ask Google if They Should Sell After Crypto Market CrashCryptocurrency markets have been crashing over the last few days, with bitcoin dropping from a $57,000 high to $32,000 before it started recovering. The drop has seen search interest for cryptoassets reach a new all-time high on the world’s largest search engine. D…[Read more]

Recovery rally takes bitcoin back above $40k; Treasury proposal weighs on gainsLONDON/TOKYO/NEW YORK (Reuters) -A rebound in bitcoin held strong on Thursday, even as the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service and the Federal Reserve flagged the…[Read more]

Bitcoin’s Bull Run Isn’t Over, Says SkyBridge Capital’s ScaramucciFormer White House Director of Communications Anthony Scaramucci , the founder of global alternative investment firm SkyBridge Capital, has revealed that despite the massive sell-off in cryptocurrency markets this week, he believes the bitcoin bull run isn’t over. Speaking to CNBC…[Read more]

Institutional investors may dump Bitcoin for gold as prices slide below $40k, JPMorganAnalysts at JP Morgan have said that institutional investors may start dumping Bitcoin in favor of gold as the leading cryptocurrency dipped below $40,000 yesterday.

According to a report by Reuters, the analysts believe that these big-money players are…[Read more]

Bitcoin TA: Here’s Why BTC Could Rally If It Clears This Key HurdleBitcoin price is recovering losses and trading above $40,000 against the US Dollar. BTC is likely to accelerate higher if there is a clear break above the 100 hourly SMA at $42,000. Bitcoin is showing signs of a decent recovery above the $40,000 level. The price is now facing r…[Read more]

Hacker steals $200 million from PancakeBunny in a flash loan exploitAn attacker has made away with a whopping $200 million from PancakeBunny after exploiting the Binance Smart Chain (BSC) exchange.

The PancakeBunny team confirmed the incident in a tweet on May 20, explaining that there was no smart contract hack or vault breach. Instead, what the…[Read more]

TA: Ethereum Approaches Next Major Break, $3K Is The KeyEthereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100…[Read more]

XRP Jumps 26% As Investors Gain ConfidenceInvesting.com – XRP was trading at $1.19993 by 20:40 (00:40 GMT) on the Investing.com Index on Friday, up 26.05% on the day. It was the largest one-day percentage gain since April 26.

The move upwards pushed XRP’s market cap up to $55.89239B, or 3.08% of the total cryptocurrency market cap. At its…[Read more]

Ethereum Soars 30% As Investors Gain ConfidenceInvesting.com – Ethereum was trading at $2,906.69 by 20:43 (00:43 GMT) on the Investing.com Index on Friday, up 30.32% on the day. It was the largest one-day percentage gain ever.

The move upwards pushed Ethereum’s market cap up to $330.82B, or 18.22% of the total cryptocurrency market cap. At its…[Read more]

US crypto investors to report transactions over $10k to the IRSIn a bid to clamp down on tax evaders, the United States Treasury has moved to strengthen its restrictions on cryptocurrency transactions. Moving forwards, U.S. investors are required to report all transactions above $10,000 to the Internal Revenue Service (IRS) for documentation and…[Read more]

Travala.com Partners with XinFin to add XDC as Payment MethodTravala.com partners with XinFin to add XDC as a payment method
XDC holders will soon be able to book flights, tours, activities, hotels, and resorts
Travala.com has more than 3 million travel products
One of the world’s leading travel booking platforms, Travala.com, made an a…[Read more]

Asian tech shares track Nasdaq gains as inflation fears recedeTOKYO (Reuters) – Asian tech and growth stocks rallied on Friday, following Wall Street’s overnight lead, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.

Japan’s tech-heavy Nikkei and Taiwan’s stock index stood…[Read more]

European stocks up ahead of business activity data, Richemont shines(Reuters) – European stocks rose on Friday ahead of business activity data, as Swiss luxury goods maker Richemont rose following a proposal to double its dividend and automakers gained.

The pan-European STOXX 600 index rose 0.3% in early trading, with UK stocks struggling despite…[Read more]

Exclusive-Huawei to expand smart car partnership with Changan to chips -sourcesBEIJING/HONG KONG (Reuters) -China’s Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of auto-use semiconductors, four sources with knowledge of the matter said.

The…[Read more]

Dutch Fastned and Tesla to build fast charging stations in Oxford(Reuters) – Dutch charging infrastructure company Fastned has teamed up with Tesla (NASDAQ:TSLA) to build electric vehicle (EV) charging stations at a hub in the British city of Oxford, it said on Friday.

The hub of 26 charging stations, built also in cooperation with EDF (PA:EDF)…[Read more]

European Stock Futures Largely Higher; PMI Numbers DueInvesting.com – European stock markets are seen opening largely higher Friday, continuing the strong gains from the previous session as optimism over the region’s outlook strengthens as it gradually gets to grips with the Covid-19 pandemic.

the 2:05 AM ET (0705 GMT), the DAX futures c…[Read more]