Dow snaps 3-session skid, buoyed by upbeat employment figures; Coinbase halts 6-session drop as bitcoin reboundsU.S. stocks on Thursday finished higher for the first time in four sessions, buoyed by upbeat labor-market data as investors shook off worries that a pickup in inflation could force the Federal Reserve to start reining in its…[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]

Jim Cramer: Elon Musk Has Too Much Crypto PowerJim Cramer is not too happy about how much power Elon Musk has in the crypto community. Jim Cramer Doesn’t Like How Much Power Elon Musk Has His attitude stems from recent events in which Musk was alleged to have caused a serious backtracking of bitcoin’s price. The currency had been trading for a new…[Read more]

Bitcoin Whale Reaccumulates 3,521 BTC After Selling At $58KBitcoin has received some positive news even after plunging deep into a historic price collapse earlier in the week. On May 20, a mysterious whale allegedly reaccumulated a huge stash of the cryptocurrency after they sold off 3,000 BTC on May 9 for an average price of about $58,503.39.…[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]

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]