Elon Musk To Develop Own Crypto If Dogecoin Is Not ‘SatisfactoryElon 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]

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]

Bitcoin Price Prediction: BTC/USD Drops Closely to the $40,000 SupportBitcoin Price Prediction – May 17There has been an extension of price correction in the BTC/USD market valuation. The crypto’s worth now declines to trade […]

Inflation winds stiffen as Bitcoin ballast on balance sheets proves its valueAs corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of corporations are taking stock of their treasury reserve holdings. If the worst happens, and the dollar and other reserve currencies weaken,…[Read more]

Latest Acquisitions Of Bitcoin: Michael Saylor Is Still Michael Saylor The CEO of MicroStrategy, Michael Saylor, proves that old habits die hard with his company’s latest Bitcoin acquisition.
MicroStrategy’s most recent purchase was worth $15 million, bringing the valuation of Bitcoins owned by the firm to $5.29 billion.
MicroStrategy was the fir…[Read more]

Monero: Bound To Reach $500 AgainThe distinct characteristics of cryptocurrencies grant tokens the ability to operate various functionalities in the digital network. While currently lacking network interoperability, which diminishes the total utility of blockchain technology, demand for ecosystem differences is increasing.

Monero belongs to a…[Read more]

NYDFS taps former DOJ attorney as deputy virtual currency chiefDebra Brookes’ new role with the New York State Department of Financial Services may suggest more of a focus on regulation through enforcement.

An attorney who has been working at New York’s Department of Financial Services, or NYDFS, since 2013, Brookes has served in key roles in the…[Read more]

Don’t Panic! Stellar Will Jump Over $0.85 AgainStellar has experienced significant levels of fluctuation in its value, from its all-time high of $0.9381 to lows of $0.3, before settling around the $0.6 mark.
While it may seem like Stellar will not break past the $0.85 margin again, numerous indicators suggest that it is well on its w…[Read more]

EtherLite Launches Biggest Public IBCO Sale on Burj KhalifaEtherLite launches IBCO on Burj Khalifa.
EtherLite will also offer the first-ever multichain liquidity bridge for IBCO.
In the few hours following its launch, its token is already valued above $1.15
Following its massive mainnet launch on the Burj Khalifa, EtherLite returned to the…[Read more]

Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’Raoul Pal wants Bitcoin investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin (BTC) holdings just as the flagship cryptocurrency suffered massive declines over the…[Read more]

Galaxy Digital books $860M in net comprehensive income in Q1Galaxy Digital Holdings, a cryptocurrency-focused investment manager, booked a stellar first quarter on the back of surging digital asset valuations.

The company’s net comprehensive income, which includes net income and unrealized income, surged to $860.2 million in the quarter ending M…[Read more]

Solana pumps to all-time high as Bitcoin, altcoins lagSolana’s native SOL token is charting new highs on Sunday, gaining in U.S. dollars and in Bitcoin (BTC) on the back of growing network adoption and a key technical breakthrough.

The SOL token peaked at $52.42 on Sunday, according to TradingView, having gained 24% over the 24-hour trading c…[Read more]

The regulators are coming for crypto: What investors need to knowJust this week, Ether (ETH) breached the $4,000 mark while Bitcoin (BTC), the world’s most popular cryptocurrency, recently hit another all-time high at over $63,000. Meanwhile, Dogecoin (DOGE) continues its roller-coaster ride after “Dogefather” Elon Musk’s appearance on Saturday N…[Read more]

Mobile crypto ‘mining’ app possibly connected to personal data leakPi Network, a cryptocurrency mining app for mobile users, may have been connected to 17GB worth of personal data leaks, a Vietnamese news outlet reported on Monday.

The treasure trove of personal data was apparently taken from the Know Your Customer checks of users of Pi Net…[Read more]

Yay or nay? New petition demands Elon Musk sell all his BitcoinTesla (NASDAQ:TSLA) and SpaceX CEO and self-proclaimed “Dogefather” Elon Musk should sell his Bitcoin holdings, said hodlers.

A new petition on Change.org is currently gathering signatures to make Musk divest himself of his personal stash of Bitcoin (BTC).

BTC/USD 1-hour candle chart…[Read more]

UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artistsJamaican reggae artist Bay-C has partnered with Caricoin, a London-based Bitcoin (BTC) wallet company, to create a nonfungible token (NFT) platform for fellow performers in the Caribbean.

According to a report by the Jamaica Observer, the planned NFT platform will allow…[Read more]