Elon Musk scales back Dogecoin hype while DOGE price rebounds 23%Hours ahead of Elon Musk’s appearance on Saturday Night Live, the Tesla (NASDAQ:TSLA) CEO appeared intent on cooling the flurry of hype he had created around the meme cryptocurrency Dogecoin (DOGE).

Oil Gains for 2nd Week, But Prices Range-Bound AgainOil put in a second week of gains as crude prices reentered range-bound trading on Friday on concerns about slowing U.S. jobs growth and the Covid situation in No. 3 energy consuming nation India.

Gold Has Best Week Since October on U.S. Payrolls ShockGold had its best week in six months as shockingly low U.S. payrolls numbers for April, coupled with the yellow metal’s belated catch up to inflationary trends, gave it a gain 3.5% on the week.

Exclusive: U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations – sourcesThe U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three people with knowledge…[Read more]

Russia says Twitter is complying with demand to remove ‘banned content’Russian state communications regulator Roskomnadzor said on Friday that U.S. social network Twitter had started complying with its demand to remove content banned in Russia.

It said Twitter had removed 60% of such content since Moscow slowed the speed of its service in March…[Read more]

Dogecoin in spotlight as cryptocurrency backer Musk makes ‘SNL’ appearanceWith the price of dogecoin surging, investors are looking ahead to Elon Musk’s guest-host spot on this weekend’s “Saturday Night Live” comedy sketch TV show after the billionaire’s tweets this year turned the once-obscure digital currency into a speculator’s dream.

Crypto Payment Provider Simplex Acquired for $250 Million by Nuvei

• Publicly-listed Canadian company Nuvei acquired Simplex for $250 Million
• Simplex is a crypto payment startup that offers fiat-to-crypto on and off-ramp services
• Nuvei’s goal is to enhance its portfolio of alternative payment method solutions
  In a recent announcement, Nuvei shared t…

[Read more]

Ethereum Classic gains 300% in one week as traders rush to buy the ‘wrong Ethereum’The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun.

Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300…[Read more]

3 Reasons Why Ethereum Classic Has Surged to a New ATH

• Ethereum Classic has surged to a new ATH of $167.09
• The price surged was preceded by several months of hibernation
• Several factors could be driving the sudden price surge

WallStreetBets Redditors Lose $2.1 Million to Crypto Scammers

• Members of the Reddit forum WallStreetBets were targeted by crypto scammers
• 3,451 Binance Coin (BNB), around $2.1 million worth were taken
• The scammers offered “WSB Finance” token before it’s listed in exchanges

Alt season rush: Ethereum and DeFi get in shape for another hot summerAltcoins like Ether (ETH), Dogecoin (DOGE) and Ethereum Classic (ETC) are spearheading a new alt season that seems to have taken off with a bang. Since a rising tide usually lifts all boats, there are several other cryptocurrencies that are benefiting from this growing interest…[Read more]

“Bitcoin ist blind, taub und dumm” Cardano-Gründer Charles Hoskinson erklärt im Interview, was nach Bitcoin kommt und wie Krypto die Welt verbessert.Der Krypto-Markt boomt. Viele haben von der Technologie aber keine Ahnung. Worum geht es?Charles Hoskinson: Im Prinzip gehts immer um ein Netzwerk, in dem sich Personen vertrauen können. Dabei sp…[Read more]

Level 25: Orbit “After an orange cloud — formed as a result of a dust storm over the Sahara and caught up by air currents — reached the Philippines and settled there with rain, I understood that we are all sailing in the same boat.”― Vladimir Kovalyov

Good Morning, Little Crypto Monsters, Have a Great & Sunny Day!❤

Good morning community, have a super Saturday 🌞

Sleep well cryptonauts 🌛

Weekend 🎉🎊🎉

May-7-2021:Invictus Capital AUM reaches $112M as crypto adoption boomsCryptocurrency asset manager Invictus Capital saw significant growth in assets under management during the first quarter, highlighting the rapid uptake of digital assets among institutional investors.

Crypto Flipsider News – May 7th – Litecoin, Chainlink, Ethereum Classic, Norwegian Minister and Bitcoin, Nokia and BlockchainHello, my dear crypto friends, DailyCoin flipsider is here, with the news digest. Today is Friday, so you can take some rest and read about the latest crypto updates leisurely.Today happened:

• Litecoin rallied to $370+
• Ethereum…

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