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SEC Heads Dampen Hopes for a Bitcoin ETF in 2021Investors hoping for a crypto ETF to be passed this year have seen those hopes diminished after new comments from SEC leadership in recent days. First, new SEC chairman Gary Gensler sat down for an interview with CNBC’s “Squawk Box,” in which he sounded several alarm bells about the safety of crypt…[Read more]

How Rocket Vault And UnoRe Forge The Cornerstone of DeFi 2.0Investing in cryptocurrencies remains a daunting task for many people. The price volatility and associated risks deter many potential enthusiasts, but a solution is in the works. The new partnership between UnoRe and Rocket Vault will provide more stability to the broader DeFi…[Read more]

Jenny Metaverse DAO Raises $7M to Support Launch on UniclyJenny DAO has raised $7M towards its NFT launch on Unicly
Several top VCs participated in the funding round
Also, Jenny DAO will simultaneously launch its uJenny token
Jenny Metaverse DAO has raised $7 million towards its launch on Unicly. To be specific, Jenny DAO raised the funds via a…[Read more]

Crypto Flipsider News – May 12th – Yearn.finance, EOS, Polkadot, Coinbase, Apple Store, eBay, NFTIn today’s digest:

Yearn.finance (YFI) price surged over $90K
EOS coin gained 50%
Polkadot (DOT) was integrated into PARSIQ
Coinbase became #1 on US Apple (NASDAQ:AAPL) Store, overtaking TikTok, YouTube, Facebook (NASDAQ:FB), and Instagram
EBay allow…[Read more]

Bitrue floats $50M cryptocurrency investment fundBitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups.

According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging…[Read more]

Block.one secures funding for $10B EOS-based crypto exchange platformBlockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.

According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain.

CoinZoom Joins With Railsbank to Issue Visa Debit CardsCoinZoom collaborated with Railsbank to issue Visa (NYSE:V) Debit Cards in Europe.
The CoinZoom Visa Card allows customers to spend their crypto funds.
CoinZoom hopes the card will drive wider global crypto adoption.
On May 12 2021, CoinZoom announced a collaboration with Railsbank. The two…[Read more]

Chia network not so green? CPU mining reportedly destroys SSD in weeksChia Network, which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems.

Unlike Bitcoin, Ethereum and others, Chia Network mines coins using an alternative to the…[Read more]

Powers On… Why Bernie Madoff should be a powerful lesson to stock and crypto memecoin investorsPowers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International U…[Read more]

Palantir now accepts Bitcoin payments, considers adding crypto to its balance sheetPalantir, a major player in the software and data analytics scene, is the latest company to accept Bitcoin payments. The company announced that in addition to accepting Bitcoin payments, it is also considering adding the digital asset to its balance sheet.

Peter…[Read more]

Lucky Gift Cards CEO Sulim Malook on How Bitcoin Can Take eGaming to the Next LevelOver the last ten or twenty years, most businesses have seen substantial digital progress. Notably, the Internet and Covid-19 has accelerated the digital world even further, changing user patterns at warp speed. Likewise, digital games also play a major role the…[Read more]

Digital coin ether hits record high as 2021 gains near 500%LONDON/NEW YORK (Reuters) -Cryptocurrency ether hit another record high on Wednesday, taking gains this year to close to 500% on the back of growing interest in decentralized finance applications and increasing institutional interest in cryptocurrencies.

Ether, the second-biggest…[Read more]

MoneyGram to allow retail Bitcoin buying in the USCrypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list.

In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States customers…[Read more]

EOS Falls 10% In Rout – EOS was trading at $12.0660 by 12:35 (16:35 GMT) on the Investing.com Index on Wednesday, down 10.06% on the day. It was the largest one-day percentage loss since May 12.

The move downwards pushed EOS’s market cap down to $11.6008B, or 0.48% of the total cryptocurrency market cap. At its highest, EOS’s market cap was…[Read more]

When dollars meet the hype: The biggest NFT hits from celebritiesNonfungible tokens have quickly become a mainstream phenomenon, and a number of celebrities and entertainment and sporting icons are driving their popularity. The question is: Which NFT has had the most influence on this up-and-coming sector?

There is no denying that NFTs have taken…[Read more]

S&P 500 Falls as Bears Strengthen Grip on Tech After April Inflation SoarsInvesting.com – The S&P 500 fell Wednesday as the wreck in tech intensified on concerns red-hot inflation is here to stay after jumping by the most since 2008, driven by rising auto prices and airfare.

The Dow Jones Industrial Average fell 1.65%, or 567 points, the S&P 5…[Read more]

Btc for BITSTAMP:BTCUSD by pegging44 #Bitcoin $BTC https://t.co/0IPKoTvPfE pic.twitter.com/307cLEc1aO

— BitcoinAgile (@bitcoinagile) May 12, 2021