Tencent Music says facing increased China scrutiny, is committed to laws(Reuters) – Tencent Music Entertainment Group (NYSE:TME) confirmed on Tuesday it is facing heightened scrutiny from Chinese regulators, adding it was “actively co-operating” with them and is committed to complying with all laws “including those related to anti-trust”.

This is…[Read more]

Asian shares push higher, dollar easesSYDNEY (Reuters) – Asian shares rose on Tuesday, shrugging off worries about an increase in regional coronavirus infections, while inflation jitters helped push gold prices to three-month highs.

Equities in Europe and the United States looked set to follow. FTSE futures rose 0.76% and EuroSTOXX 50 futures…[Read more]

European Stock Futures Higher; Fed Officials Calm Inflation FearsInvesting.com – European stock markets are seen opening higher Tuesday, helped by promises of continued Federal Reserve largesse ahead of the release of the latest growth data for the region.

At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40…[Read more]

Good morning community, have a wonderful day 🌞

Sleep well cryptonauts 🌛

Crypto platform Coinbase’s 5% skid on verge of yanking stock below $250 reference price https://t.co/XL69CtA6e4

— MarketWatch (@MarketWatch) May 17, 2021

https://twitter.com/cryptoexp74145G/status/1394390257064361991

OK moving on .. with current volatility, BTC at $44K and transaction volumes high, #bitcoin momentum (200 Week Moving Average and Realized Value) is still up and onward. pic.twitter.com/PuJfozdWim

— PlanB (@100trillionUSD) May 17, 2021

Bottlepay App Lets Users Transact Bitcoin And Sterling Through TwitterAnalysis reveals that Bottlepay is the first app that facilitates bitcoin or sterling payments through Twitter. One tweet, for instance, ‘@bottlepay send @recipient £10’ will immediately send the command to shift the specified quantity of sterling from one user’s account to the…[Read more]

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Bitcoin Holds Support, Massive Resistance Located At $50,000Bitcoin has been dropping gradually in recent days after it lost momentum, with traders disregarding the influence of institutional adoption. BTC continued to slide over the weekend and is now down around 18% month-to-date. The crypto approached initial support of around $42,000 that was…[Read more]

Elon Musk To Develop Own Crypto If Dogecoin Is Not ‘SatisfactoryElon Musk, the Tesla founder and CEO, said that he might go on to develop his crypto in case Dogecoin (DOGE), the crypto that launched as a joke, cannot do what he wants. Musk has been blamed for many movements in the cryptocurrency market after his company decided to acquire $1.5 b…[Read more]

Banking system consumes two times more energy than Bitcoin: researchAmid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network.

Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energ…[Read more]

Bitcoin Bleeds: Tesla’s Bitcoin Intact, Says ElonElon clarified that Tesla (NASDAQ:TSLA) did not sell its Bitcoin holdings
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k. The price drop started after Tesla closed its doors on a…[Read more]

STMX to Make Some Big Announcement Says CEO Simon YuStormX CEO tweeted about some big projects they are working on.
The project includes debit cards, NFTs, partnerships, and more.
The StormX community is excited about the announcement.
StormX CEO Simon Yu tweeted yesterday about some big projects they are working on. The mentioned projects…[Read more]

Peter Schiff: Buying Bitcoin is Gambling, Not InvestingEuro Pacific Capital CEO Peter Schiff tweeted that buying Bitcoin is gambling.
He refers to Elon Musk’s recent announcement of Tesla (NASDAQ:TSLA) not accepting BTC payments.
Bitcoin touched a new low this week, valued at approximately $44,295.
American millionaire and CEO of Euro Pacific C…[Read more]

Vitalik Buterin Burns 410 Trillion SHIB After Donating to India Relief FundEthereum Founder Vitalik Buterin burned 410 trillion Shiba Inu (SHIB) tokens
The value of the burned amount goes to almost up to 7 billion dollars
Vitalik also donated 1.5 billion dollars worth of SHIB to the India COVID-Crypto Relief Fund
Ethereum Founder Vitalik Buterin…[Read more]

Bitcoin Price Prediction: BTC/USD Drops Closely to the $40,000 SupportBitcoin Price Prediction – May 17There has been an extension of price correction in the BTC/USD market valuation. The crypto’s worth now declines to trade […]

Inflation winds stiffen as Bitcoin ballast on balance sheets proves its valueAs corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of corporations are taking stock of their treasury reserve holdings. If the worst happens, and the dollar and other reserve currencies weaken,…[Read more]

Latest Acquisitions Of Bitcoin: Michael Saylor Is Still Michael Saylor The CEO of MicroStrategy, Michael Saylor, proves that old habits die hard with his company’s latest Bitcoin acquisition.
MicroStrategy’s most recent purchase was worth $15 million, bringing the valuation of Bitcoins owned by the firm to $5.29 billion.
MicroStrategy was the fir…[Read more]