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Cryptocurrency News

Location American Cryptocurrency News for 21 May 2021
South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unvei...
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Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in 'Capitulation Phase' The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a r...
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Chinese Firm Invests $25 Million in 'Cryptocurrency Mining Data Center' in Texas On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million i...
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Shanghai Man: China's annual ban explained, 'crypto crash' trending ... and more A breakdown of major regulatory announcements in China after latest warning, and a major event at the Shanghai Belagio for the blockchain scene
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Bitcoin price drops below $34,000, pulling altcoins to multi-month lows Another round of FUD helped to push Bitcoin price back below $34,000, placing further pressure on altcoins which now trade below multi-month lows.
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Red Bull Racing Honda Names Tezos as Its Official Blockchain Partner The freshly unveiled collaboration between the organizations aims to deliver a unique fan engagement experience for Red Bull Racing Honda in the form of unique digital collectibles that leverage Tezos’ scalable, effici...
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Willy Woo doesn't think Bitcoin's overall upward run has ended Popular Bitcoin analyst Willy Woo noted a few signs and symptoms indicating the BTC bull run still has some juice left.
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Whales scooped up $5.5B in Bitcoin as BTC price dropped below $36K Derivatives data shows whales aggressively bought the dip as Bitcoin's price dropped below $36,000, but that doesn't mean BTC has bottomed yet.
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Altcoins Take The Strongest Hit Again Amid China Crackdown News As China is sending more negative news to the crypto market, altcoins are once again suffering the most. Bitcoin (BTC) dropped from USD 41,760 to below USD 37,000 in half an hour and continued correcting lower. At 19:53 ...
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Report: Iran may reap upwards of $1 billion in annual Bitcoin mining revenues The country uses the digital currency to pay for imports and circumvent oil sanctions.
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Price analysis 5/21: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI Bitcoin's failure to extend its recovery shows supply exceeds demand at higher levels and this could put a cap on the bounce in altcoins.
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Has Wall Street taken over Bitcoin?

Coin Telegraph - 21 May 2021 20:26
Has Wall Street taken over Bitcoin? Institutional adoption is threatening Bitcoin's revolutionary mission, says Ben Hunt, founder of Second Foundation Partners
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'Reiterated FUD' - Chinese Government to Continue Monitoring Bitcoin Mining Sector A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article fr...
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Who Owns the Mystery Dogecoin Whale Address? Robinhood's CEO Dismisses Speculation Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has r...
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ProtonMail keeps HODLing Bitcoin despite market crash and carbon drama ProtonMail started accepting Bitcoin in 2017, and prefers to not sell its BTC to safeguard independence.
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Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fal...
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CBDC in US Context, Bitcoin's Value Based on 'Wishful Thinking' + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. CBDC news Federal Reserve Chair Jerome Powell announced that the US ...
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Bitcoin price bounces at $36.7K as FUD over a new China crackdown fades in minutes The best efforts of mainstream media to spark another price crash fail as BTC/USD rebounds after a mere 10% drop.
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Bank Risk Assessment May Threaten Bithumb, South Korean Crypto Exchanges South Korean banks are set to audit crypto exchanges' senior managers as part of their due diligence and risk assessment protocols for real-name banking contracts - and there are concerns Bithumb officials may struggle t...
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SEC Chair Gensler Says Cryptocurrency Exchanges Need More Regulation, Asks Congress to Weigh in The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area. He has asked Cong...
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Bitcoin's epic $7.5B long squeeze just made BTC price more bullish -- Here's why Not everyone is bearish after Bitcoin price dropped from $40,000 to $30,000 and went back up again.
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Bank of Canada: Crypto highly risky despite institutional adoption Crypto volatility is an emerging vulnerability to Canada's financial system, while stablecoins pose risks for the country's monetary system, the Bank of Canada said.
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