Take Five: Will it pass or will it last?1/TRANSITORY OR NOT

The dollar is on the ropes, having erased its gains for 2020 versus a basket of currencies. The reversal stems from the Federal Reserve’s apparent resolve to keep printing money at the current pace despite signs of an economic and inflation rebound.

Fed officials mostly dismiss higher…[Read more]

Good morning community, have a lovely Sunday 🌞

Good Nite, Little Crypto Monsters, Sweet Dreams!☀🌕🌖🌗🌘🌑🌚🌃

Market Continues To Fall as China Mulls Banning BTC MiningChina’s Financial Committee announces a crackdown on Bitcoin mining activities.
The market continues to fall down as Bitcoin reacts negatively to this news.
It is the first time the highest level of Chinese government addresses a stop on trading BTC.
In a meeting held this Friday, China d…[Read more]

Bitcoin (BTC) Price Prediction: BTC/USD Continues Its Downward Move, Targets the $28,000 SupportBitcoin (BTC) Price Prediction – January 22, 2021Bitcoin bulls made three unsuccessful attempts to break the $42,000 resistance. The price action formed a bearish triple […]

The Case for GoldBy Jared Dillian I have been making the investment case for gold since 2005. That was the point that the first physical gold ETF was listed, and I bought some. Then I bought some more, then I bought some more, and now I have it coming out of my ears. You could skip this note […]

The post The Case for Gold appeared first on ETF…[Read more]

PizzaDAO Celebrates Bitcoin Pizza Day, Gives Away Over 2,500 PizzasOver a decade ago, someone bought two boxes of pizza for 10,000 BTC, the first time that a cryptocurrency was used for a commercial transaction. The crypto world was never the same since, and the rest was history.Laszlo Hanyecz, a programmer from Jacksonville, Florida, was the guy…[Read more]

XRP Tumbles 20% In RoutInvesting.com – XRP was trading at $0.94713 by 16:16 (20:16 GMT) on the Investing.com Index on Friday, down 20.20% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed XRP’s market cap down to $44.95180B, or 2.93% of the total cryptocurrency market cap. At its highest, XRP’s market…[Read more]

Cardano Tumbles 20% In SelloffInvesting.com – Cardano was trading at $1.452340 by 16:10 (20:10 GMT) on the Investing.com Index on Friday, down 20.06% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Cardano’s market cap down to $47.575421B, or 3.08% of the total cryptocurrency market cap. At its…[Read more]

Orion Partners With BSC to Improve Cross-Chain InteroperabilityOrion protocol is the first to emerge BSC into its trading terminal.
It is currently built on Ethereum and Binance Smart Chain.
Under the process to integrate Cardano, Polkadot, Fantom, and more.
Orion Protocol collaborates with Binance Smart Chain (BSC) to improve cross-chain…[Read more]

Ripple Co-Founder Jed McCaled Cashed Out 265 Million XRP So Far This MonthJed McCaleb, one of the co-founders of fintech firm Ripple, has sold an estimated 265 million XRP so far this month, and still has around 389 million XRP tokens on his ‘~tacostand’ account, according to XRPScan. McCaleb is said to have started working on Ripple back in 201…[Read more]

Algorand Introduces Algomint: Digital Asset Minting Platform For DeFiAlgorand has disclosed details of an ongoing platform project called Algomint, a digital asset minting platform built on the Algorand blockchain. The project is scheduled to launch in Q3 this year, bringing wider liquidity options to the network.Algomint’s minting platform was b…[Read more]

Cryptocurrencies Are Here to Stay, Says Billionaire David RubensteinBillionaire private equity titan David Rubenstein has revealed he believes cryptocurrencies like bitcoin are here to stay, dismissing suggestions the market is a fad and could fade away in the future. Speaking to CNBC on ”Squawk Box,” Rubenstein said he hasn’t personally inves…[Read more]

HaloDAO Raises $3.5 Million Seed Investment To Create a Global Liquidity NetworkDecentralized finance protocol HaloDAO raised $3.5 million in seed investment
The round was led by Parataxis Capital and included many big players in the industry
The project aims to create a global liquidity network through stablecoins
Decentralized finance protocol…[Read more]

Bitcoin Price Prediction: BTC/USD Plunges Below $38,000Bitcoin Price Prediction – May 21 Today, BTC/USD faced a pullback as the price slide below $40,000 and tested support near the $35,000 level. BTC/USD […]

Mike Novogratz: BTC Will Stay Down for a WhileCentralization concerns are still apparent for many early Bitcoiners. DeFi has streamlined cash flow through a trustless network; however, CeFi, which operates similarly to a centralized financial entity, grants fund security. Thus, platforms such as BlockFi, Nebeus, or other centralized financial…[Read more]

Blockfi Screwed Up: The Generous Present Of Over 700 BTCCentralization concerns are still apparent for many early Bitcoiners. DeFi has streamlined cash flow through a trustless network; however, CeFi, which operates similarly to a centralized financial entity, grants fund security. Thus, platforms such as BlockFi, Nebeus, or other centralized…[Read more]

Bitcoin Falls 10% In RoutInvesting.com – Bitcoin was trading at $37,535.3 by 10:37 (14:37 GMT) on the Investing.com Index on Friday, down 10.19% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Bitcoin’s market cap down to $715.5B, or 43.47% of the total cryptocurrency market cap. At its highest,…[Read more]