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Cryptocurrency News

Location American Cryptocurrency News for 6 May 2021
PayPal says its crypto efforts are producing 'really great results' on earnings call PayPal's CEO believes crypto assets are forging a more equitable and inclusive financial system.
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ABBC Coin Is the Next Payment Coin in Buyaladdin, Holds 100x100x100 Event to Celebrate PRESS RELEASE. The global shopping platform Buyaladdin announces a huge collaboration with ABBC Foundation in an event called the 100x100x100 ABBC Event. In this event, the Buyaladdin team will pick 100 winners of 100 do...
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Ethereum and Altcoins Rally, Bitcoin Corrects Gains Bitcoin price formed a base above the USD 54,000 zone. BTC started a steady increase and it cleared the USD 56,000 and USD 56,500 resistance levels. It even tested the USD 58,000 zone and it is currently (03:50 UTC) corr...
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Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
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Goldman Sachs Launches Bitcoin Derivatives Trading as 'Institutional Demand Continues to Grow Significantly' Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the crypt...
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Pocketcoin (PKOIN) Decentralized Social Token Trading Competition Rewards Just Doubled on Bilaxy PRESS RELEASE. (Puerto Rico, USA – May 6, 2021) To celebrate its numerous recent successes, one of the world’s foremost decentralized social networks, Pocketnet.app, has launched a trading contest on its newest excha...
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EOS price rallies 100% following a proposal to increase staking rewards A proposal to boost staking rewards and increase the inflation rate triggered a 100% rally in EOS price.
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South Korean Gov't Has 'Invested USD 44.5m in Crypto Firms Since 2017' Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned companies and government departments have invested a combined USD 44.5m i...
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Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as di...
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They see ETH rollin': Why did Ether price reach $3.5K, and what's next? Attention is firmly on the short-term future of Ether after Ethereum's native cryptocurrency surged to new all-time highs above $3,500.
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Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa's Inter-Regional Trade South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According ...
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US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)'s Statistics Department. Chima Simpson-Bell is an Economist in the same department. ____ The share of...
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Flippening? Record $10B Ethereum futures volume briefly outpaces Bitcoin's The volume on Ethereum futures flipped Bitcoin's after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price.
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Absurdly High Rewards for LPs from First DEX to Refund ETH Gas Fees The text below is an advertorial article that was not written by Cryptonews.com journalists. EmiSwap AMM, a new strong player on the DEX scene, intends to pull liquidity from major protocols by providing 100% Ethereum ga...
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Metromile Goes Extra Mile With BTC, Crypto Investor Protection + More News Source: iStock/da-kuk Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. _____ Adoption news Metromile, a listed digita...
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Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and u...
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Watch These Two DeFi Trends This Quarter, Says ConsenSys A rising number of decentralized autonomous organizations (DAOs) winning high-profile non-fungible token (NFT) auctions and an increasing dominance of flashbots on the Ethereum (ETH) network are some of the trends that c...
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Dole x David Datuna NFT Collection for Charity Drops Today Disclaimer: The text below is a press release that was not written by Cryptonews.com. Merging the worlds of digital and physical art, The Dole Sunshine Company and "Hungry Artist" David Datuna teamed up to create and auc...
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Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactio...
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If History Rhymes, ETH Might Hit USD 19K; Downside Risk Stronger Than BTC's Should ethereum (ETH) follow bitcoin (BTC)'s former path, its price might hit USD 19,000 this year, one analyst estimated, while another one argued that ETH is now being driven by demand, and BTC - by scarcity. Mike McGl...
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Indian startup organization proposes regulatory framework for crypto An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies.
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Bitcoin and Ethereum Trend Higher, ADA, BCH, EOS, and ETC Rally Bitcoin price has settled well above the USD 56,000 level. BTC is currently (12:00 PM UTC) showing positive signs and it might gain momentum above USD 58,000. Besides, most major altcoins are trading in a strong uptrend....
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