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Cryptocurrency News

Location American Cryptocurrency News for 24 May 2021

Top Altcoins Traded by Crypto Funds In 2020

Crypto News - 24 May 2021 13:53
Top Altcoins Traded by Crypto Funds In 2020 While some 56% of surveyed crypto hedge funds declare that bitcoin (BTC) was responsible for at least half of their daily crypto trading volume in 2020, with 15% of the funds trading solely in bitcoin, they were also loo...
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DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion.
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HSBC Won't Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments veh...
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Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum.
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DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The to...
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Bitcoin bounces after weeklong 'capitulation event' results in $14.2B in losses Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event."
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Vitalik Buterin Criticizes Elon Musk's Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subje...
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Bitcoin Mining Council emerges following meeting with Michael Saylor and Elon Musk The CEO of MicroStrategy brokered a successful meeting between Elon Musk and North American Bitcoin miners.
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Total crypto market cap gains $400B as DeFi tokens lead the recovery Bitcoin's move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins.
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Crypto Listing and Delisting Announcements: Week 21

Crypto News - 24 May 2021 21:00
Crypto Listing and Delisting Announcements: Week 21 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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Price analysis 5/24: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, UNI, LTC The current relief rally in Bitcoin and altcoins could be a sign that the market is reaching a bottoming phase.
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Cardano sees largest weekly inflows from institutional managers - CoinShares Environmental FUD concerning Bitcoin seems to be everywhere these days. But is it enticing more investors to seek out proof-of-stake projects?
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Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergen...
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Wishy-washy bulls turn bearish on Ethereum price despite positive data A few months ago traders were uber bullish on ETH at $2,100, so why are they bearish now that the altcoin trades for the same price?
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No evidence of 2013 double pump as no-coiners buy Bitcoin dip - Willy Woo Bitcoin's massive discount isn't just attracting the whales; people who have never held the virtual currency are also buying.
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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discu...
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South Korea's 'Kimchi Premium' Returns, BTC Prices Up 8% Higher Than Global Average As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in valu...
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Planting the Seed with Yield Farmer Pro, @Vfat

Crypto News - 24 May 2021 16:46
Planting the Seed with Yield Farmer Pro, @Vfat Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Today's interview features @Vfat, a professional Yield Farmer who we have w...
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Contrary to Musk's Idea, You Can't Just Increase Block Size, Says Buterin There are limits to blockchain scalability in order to not sacrifice decentralization, according to Ethereum (ETH) Co-founder Vitalik Buterin, and "you can't "just increase the block size by 10x"," as was Tesla's chief E...
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Crypto Market Sentiment Drops Further; Bitcoin Deep In the Neutral Zone Source: iStock/da-kuk As the crypto market has corrected sharply, the market sentiment has seen a notable drop for the second week in a row - and it dropped out of the positive zone. The average 7-day moving crypto marke...
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Crypto market volatility peaks as Bitcoin and altcoins seek to recover As crypto price volatility rises, some are hopeful the market will revert to the upward path, which will flush out any weak hands.
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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted spec...
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