Robinhood Crashes After SNL Mentions Sparked Dogecoin Sell-Off

• Tesla (NASDAQ:TSLA) CEO Elon Musk hosted Saturday Night Live and mentioned Dogecoin.
• Instead of pumping, the price of Dogecoin dropped as a sell-off ensued.
• This coincided with problems in the Robinhood mobile app.

India Leaves Crypto Ban Decision To Individual Banks

• India regulators have decided to leave crypto ban decisions to individual Banks.
• Banks have to decide whether they will ban or support crypto transactions according to NPCI.

GameStop saga paves the way for a new decentralized financial orderEvery significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop (NYSE:GME) are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We…[Read more]

Popular Internet Memes-Turned-NFTs Earn $1.77 Million

• Popular internet memes have raked in $1.77 million as NFTs.
• Meme-inspired NFTs are profiting from the rising popularity of crypto art.
• The rise of NFT reflects the trading volume of various marketplaces.

Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunderThe crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain.

Much of the excitement behind Dogecoin’s rally has been attributed to the upcoming a…[Read more]

India’s daily COVID-19 deaths near record, calls for nationwide lockdown mountIndia’s COVID-19 deaths rose by more than 4,000 for a second consecutive day on Sunday as calls for a nationwide lockdown to curb the spread of the virus mounted.

India’s health ministry reported 4,092 fatalities over the past 24 hours, taking the overall death toll to…[Read more]

Meine Top-Aktie für MaiDer große wirtschaftliche Aufschwung steht vor der Tür. Mehr als die Hälfte der US-Erwachsenen haben sich mindestens einmal impfen lassen und die Bundesstaaten haben bereits begonnen, die Richtlinien zum Abstandhalten zu lockern. Der New Yorker Bürgermeister Bill De Blasio hat versprochen, dass die Stadt bis zum 1. Juli wied…[Read more]

Good Day, Little Monsters, Have a Pleasant & Sunny Day!☀

Sleep well cryptonauts 🌛

LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin?Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session.

Demand for Dogecoin crashes India’s largest crypto exchangeBetween May 3 and May 5, global DOGE trading volumes spiked to over $42 billion. The result was an overload on India’s largest crypto exchange that crashed the exchange’s systems.

$ETH Breaks $3600, Mark Cuban Says It ‘Is Uncapped in Terms of How High It Can Go’On Thursday (May 6), the Ethereum price broke $3,600 to set a new all-time high. Data by TradingView indicates that at 16:24 UTC on crypto exchange Bitstamp $ETH broke above the $3,600 level for the first time ever, and five minutes later, it hit $3,610 to record a n…[Read more]

The Conversation: A new cryptocurrency called chia could push up hard-drive prices for everyoneUnlike bitcoin, chia won’t use huge amounts of electricity and won’t see miners buying up every graphics card in sight.

Crackdown on tax defaulters: US court gives IRS the green light to obtain user info from Kraken exchangeFollowing a ruling by the United States District Court for the Northern District of California, the Internal Revenue Service (IRS) can now obtain the identities of taxpayers who use the popular crypto exchange Kraken.

The government agency is…[Read more]

Moma Protocol Successfully Completes $2.25M Funding Round

• Moma Protocol has closed a funding round led by Fundamental Labs.
• The round raised $2.25 million from several investors.
• The investment will help fund Moma Protocol’s long-tail DeFi lending markets.

A new cryptocurrency called chia could push hard-drive prices up for everyone

Verasity and Enjin Coin: Recent Developments and Reasons to Be BullishCryptocurrencies are beginning to pick up major steam as they gain widespread acceptability around the world Enjin Coin (EJN) and Verasity (VRA) are digital assets that have shown great promise and going by the available metrics, look set to go bullish Verasity’s recent US p…[Read more]

In crypto, sometimes the best thing you can do is nothingThere exists a meme in the crypto world that goes something like this: “Whenever I buy, the market dumps, and whenever I sell, the market pumps.” Like a cliche, the widespread status of a meme is a sign that it contains an element of truth, as anyone who has spent five minutes on a tra…[Read more]

Singapore Warns CoinTiger As Unregistered Exchange

• CoinTiger is not a licensed exchange, according to MAS.
• The MAS has issued a warning against CoinTiger’s crypto activities.
• It has alerted investors to be vigilant.

CMS Selects Stratis to Join equIP Accelerator Program

• Stratis will become part of CMS equIP incubation program.
• CMS’s expert legal teams globally will become accessible to Stratis.
• Stratis recently launched its InterFlux sidechain solution.