Miners Remind the Community That Scaling the Bitcoin Block is Important, Push for more SupportHow was your recent Bitcoin transaction? Too expensive or too slow? That’s why you should care!

Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling. As such, they are continuing to push support for…[Read more]

If You Aren’t Prepared to HODL, You Don’t Deserve CryptoCrypto traders should be prepared to HODL, says Gemini crypto exchange co-founder.
Bitcoin price continues to drop and its currently trading at $45,222.72
A tweet recently posted by Cameron Winklevoss the co-founder of Gemini cryptocurrency exchange has brought mixed feelings on Twitter. Int…[Read more]

US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks’ cryptocurrency-related activities.

The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs d…[Read more]

PARSIQ Brings Smart Triggers to Autonio’s AI Trading SuitePARSIQ is partnering up with Autonio to monitor blockchain activity.
The partnership will be crucial for Autonio’s Trading Suite to make informed decisions.
Autonio also plans to use PARSIQ’s tool for analytics and developing key metrics
Next-gen platform for monitoring and intel…[Read more]

Binance CZ Calls Microstrategy “Legend!” After Buying More BTCMicrostrategy (NASDAQ:MSTR) purchases an extra 229 bitcoins to increase its holdings.
Microstrategy CEO mentions that they now hold a total of 92,079 bitcoins
Binance CEO Changpeng Zhao replies with “Legend!”.
Not too long ago, Microstrategy bought a lot more bitcoins to increas…[Read more]

MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.

MATIC/USD 1-hour candle chart (Coinbase). Source: TradingView
Cointelegraph Markets Pro and TradingView showed M…[Read more]

Cardano ERC-20 converter nears testnet phaseDecentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase.

According to Francisco Landino, project manager at Input Output Hong Kong, or IOHK — the research and development arm responsible for Cardano — the pla…[Read more]

Bitcoin Newbies Panic Sell at Loss, While Veterans HodlNewbie crypto holders are selling their coins at a loss.
However, a Glassnode report showed that veterans are hodling.
The coin dump is in response to the current crypto market slump.
The recent crypto market slump has triggered newbies into panic selling their coins at a loss. In comparison,…[Read more]

FOX launches New Dedicated NFT and Blockchain SubsidiaryFOX is launching a blockchain and NFT subsidiary called Blockchain Creative Labs
The subsidiary will soon launch an animated series curated solely on blockchain
Blockchain Creative Labs will offer advertisers access to NFTs and crypto for the first time
FOX Entertainment is launching a new…[Read more]

Current Announces Partnership With Acala To Create HyFiCurrent and Acala joined hands to build a hybrid finance.
The integration of Acala will be built directly into Current Core, the core platform.
Current will run its own infrastructure and join an active validator set on Polkadot.
Current, a leading US fintech company, announces its partnership…[Read more]

Bitcoin Can Now Pay for Luxury YachtsPrime Experiences, a luxury yacht company, has started accepting bitcoin payments.
The company expects to see a 40% growth in crypto payments this year.
It hopes to expand to crypto-friendly Miami in the future.
Bitcoin can now take you to sea! A luxury yacht firm has just announced that it will now accept BTC…[Read more]

Elon Musk Loses World’s Second-Richest Rank as Tesla DipsElon Musk loses his second-richest position in the world.
LVMH Chairman Bernard Arnault replaces Musk to the second-richest rank.
Musk’s recent action affected the entire crypto market and dipping the price of Tesla (NASDAQ:TSLA).
Based on Bloomberg’s report, Elon Musk has lost the secon…[Read more]

Tether To Go Live on High-Speed AvalancheTether (USDT) will go live on the Avalanche blockchain.
Tether is the world’s largest stablecoin by market cap.
Tether revealed its initiative to expand beyond Ethereum to add a network option for traders to use.

According to a press release on May 17, Tether will go live on for Avalanche’s DeFi eco…[Read more]

Swiss Sygnum Bank to offer custody for Internet Computer tokenSwitzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens.

Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said t…[Read more]

Bitcoin doesn’t use more energy than the banking or gold industries, Galaxy Digital analysisAmid rising concerns over Bitcoin energy consumption, Galaxy Digital has published a report suggesting that the leading cryptocurrency consumes less energy than the banking and gold industries.

Back in February, BTC PEERS published an article analyzing t…[Read more]

Bank of America Joins Paxos Blockchain Stock-Settlement NetworkBank of America Corporation (NYSE:BAC) joins the network made by Paxos Trust Company.
The move will allow Bank of America to settle stock trades within minutes.
This will be made possible due to the implementation of blockchain technology.
Wall Street is slowly, but surely adopting…[Read more]

Chinese trade associations sound crypto investment warningThe China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies.

According to a report by Shanghai Securities News on Tuesday, the…[Read more]

Bitcoin (BTC) Will Bounce Back Says 5 Analysts5 analysts’ view on whether Bitcoin will bounce back.
Analyst Button made a clear view that BTC is not the currency of the future.
The current losses are a small growing pain in the crypto industry.
Bitcoin (BTC) price dropped over 30% in a week from $59.3k to $41.9k, according to CoinGecko. This p…[Read more]

BlockSwap Network Partners With Algorand To Bring AlgoSaver SolutionBlockSwap Network partners with Algorand.
This collaboration helps both teams bring forward the AlgoSaver solution.
BlockSwap Network partners with Algorand. This collaboration helps both teams bring forward the AlgoSaver solution. However, the significant milestone to be…[Read more]

Buyers beware as “altcoin” frenzy bruises bitcoinLONDON (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered.

Among the major “altcoins” – as all…[Read more]