Chinese trade associations sound crypto investment warningThe China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies.

According to a report by Shanghai Securities News on Tuesday, the…[Read more]

MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.

MATIC/USD 1-hour candle chart (Coinbase). Source: TradingView
Cointelegraph Markets Pro and TradingView showed M…[Read more]

Buyers beware as “altcoin” frenzy bruises bitcoinLONDON (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered.

Among the major “altcoins” – as all…[Read more]

Another DeFi project hacked, $7.6 million drainedFinNexus, a cross-chain DeFi protocol for writing options exposure for several assets from a single collateral pool, has reportedly lost $7.6 million to the cold hands of hackers.

The decentralized options platform reported the hack on Twitter on Monday, advising investors to withdraw their funds…[Read more]

Binance CZ Calls Microstrategy “Legend!” After Buying More BTCMicrostrategy (NASDAQ:MSTR) purchases an extra 229 bitcoins to increase its holdings.
Microstrategy CEO mentions that they now hold a total of 92,079 bitcoins
Binance CEO Changpeng Zhao replies with “Legend!”.
Not too long ago, Microstrategy bought a lot more bitcoins to increas…[Read more]

Street art NFT exhibition to launch in physical showroom in RigaA physical showroom for nonfungible tokens is set to open in Riga, Latvia, where NFTs of street art from around the globe will be put on display. The gallery is being launched by Kiwie 1001, an NFT project born from the Latvian street art collective of the same name.

Submissions are…[Read more]

Kika — A New Lending Pool Protocol for HECOThe year 2021 has brought a lot. Crypto prices have skyrocketed, the NFT market exploded, and DeFi continues to blow up, with a year-long almost uninterrupted surge. While DeFi offers a variety of services, such as DEXes, staking, yield farming, and more, lending still seems to be the leading type of D…[Read more]

Luxury yacht firm Prime Experiences now accepts Bitcoin paymentsPrime Experiences, a luxury yacht firm operating in North America, has announced that it will begin to accept Bitcoin payments for its services. The firm is confident that the move will be met with an immediate 40% growth from Bitcoin payments in its first year.

In addition to…[Read more]

Ethereum-based DeFi platform DeversiFi raises $5M in strategic investmentsDeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending a strong signal that demand for DeFi opportunities remains strong.

DeversiFi intends to make D…[Read more]

Nvidia extends limits on crypto mining to newest gaming graphics cardsGraphics card giant Nvidia (NASDAQ:NVDA) said that the hash rate limiter on its RTX 3060 graphics cards would also be introduced in other RTX 30 series GPUs in an attempt to disincentivize crypto miners.

In an announcement from Nvidia on Tuesday, the company said it would be…[Read more]

Bitcoin Can Hit $125,000 in 2021 Says Fundstrat’s Tom LeeFundstrat’s Tom Lee has adjusted his Bitcoin price prediction to $125,000.
He mentions that Tesla’s reversal will encourage crypto to focus on renewables.
Currently, Bitcoin’s value trails around $45,490.
Fundstrat’s Managing Partner Tom Lee has adjusted his Bitcoin price predictio…[Read more]

Top Reasons Cardano Price could hit $5 soon. It’s Not Too Late to BuyCardano has worked very hard to reach the $2 mark, and the crypto is working even harder to achieve $5, as many analysts believe it […]

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What Dogecoin Needs To Do Next and How Musk Can HelpTesla boss Elon Musk has let the world know that he will not be supporting Bitcoin given the energy concerns surrounding it, but will be […]

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Miners Remind the Community That Scaling the Bitcoin Block is Important, Push for more SupportHow was your recent Bitcoin transaction? Too expensive or too slow? That’s why you should care!

Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling. As such, they are continuing to push support for…[Read more]

If You Aren’t Prepared to HODL, You Don’t Deserve CryptoCrypto traders should be prepared to HODL, says Gemini crypto exchange co-founder.
Bitcoin price continues to drop and its currently trading at $45,222.72
A tweet recently posted by Cameron Winklevoss the co-founder of Gemini cryptocurrency exchange has brought mixed feelings on Twitter. Int…[Read more]

US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks’ cryptocurrency-related activities.

The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs d…[Read more]

PARSIQ Brings Smart Triggers to Autonio’s AI Trading SuitePARSIQ is partnering up with Autonio to monitor blockchain activity.
The partnership will be crucial for Autonio’s Trading Suite to make informed decisions.
Autonio also plans to use PARSIQ’s tool for analytics and developing key metrics
Next-gen platform for monitoring and intel…[Read more]

Binance CZ Calls Microstrategy “Legend!” After Buying More BTCMicrostrategy (NASDAQ:MSTR) purchases an extra 229 bitcoins to increase its holdings.
Microstrategy CEO mentions that they now hold a total of 92,079 bitcoins
Binance CEO Changpeng Zhao replies with “Legend!”.
Not too long ago, Microstrategy bought a lot more bitcoins to increas…[Read more]

MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.

MATIC/USD 1-hour candle chart (Coinbase). Source: TradingView
Cointelegraph Markets Pro and TradingView showed M…[Read more]

Cardano ERC-20 converter nears testnet phaseDecentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase.

According to Francisco Landino, project manager at Input Output Hong Kong, or IOHK — the research and development arm responsible for Cardano — the pla…[Read more]