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Cryptocurrency News

Location American Cryptocurrency News for 29 May 2021
Ethereum Needs to Try Harder To Keep Its Dominance in a Multichain Future Ethereum (ETH) is not the only smart contract platform in town. While it certainly has a first-mover advantage in its quest to become a decentralized universal computer, there are a growing number of other chains also of...
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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap su...
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Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse w...
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DeFi bucks crypto market correction as Uniswap v3 leads the charge Numbers don't lie: Uniswap v3 gains traction with DeFi users despite May's crypto market crash.
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Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three...
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Ark Invest CEO Says Impossible to Shut Down Bitcoin -- Regulators Will Become More Friendly Over Time The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thi...
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Analyst says reclaiming $37,500 is Bitcoin's crucial 'line in the sand' According to analysts from Decentrader, Bitcoin needs to quickly reclaim the $37,500 level and ETH needs to hold $2,300 as support to avoid bull-market-ending price action.
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Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms li...
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Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn't Hold Bitcoin On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket...
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Here's how traders use call options to increase their Bitcoin holdings Learn how pro traders use covered call strategies as a low-risk method to increase their Bitcoin holdings.
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Spiral Out -- Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s har...
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Grayscale Bitcoin premium rebounds as BTC price falls below $35K -- What does it mean? A recent market outlook published by Glassnode shows institutions are returning to the Bitcoin market after May 19 crash.
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VORTECS Report: How volatility drove one crypto trading strategy to 280x Bitcoin's gains While Bitcoin hodlers are seeing 2021's gains slowly diminish, one consistent crypto trading strategy has delivered over 3,000% since Jan 3 -- and BTC isn't in the portfolio.
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US Sends Bitcoin ATM Operator to Prison for Illegal Operation -- 17 Machines Seized A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S. authorities have seized 17 bitcoin ATMs, along with some cryptocurrencies, including bit...
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Bitcoin dominance cycle suggests the 2017 crypto rally could repeat Bitcoin dominance patterns are showing similar lows and an eerie resemblance to 2017. So what does this suggest for BTC price?
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Are VPNs for Crypto Transactions Worth It?

Crypto News - 29 May 2021 16:00
Are VPNs for Crypto Transactions Worth It? The text below is an advertorial article that was not written by Cryptonews.com journalists. Cryptocurrencies and privacy often go hand in hand, as the former was created in an effort to resist censorship. However, many ...
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Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the ...
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Ignore the headlines -- Bitcoin mining is already greener than you think ESG-led Bitcoin mining is not only possible, but it's ultimately the most responsible and prosperous way to show leadership in this growing industry.
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More Dominance, Less Mining, Handful of Regulations and 20 Crypto Jokes This week in crypto, it was reported that BTC could've been in for a fresh battering as analysts noted a 'seismic shift' in mining amid the Chinese 'crackdown', BTC's dominance was up amid a selloff as funds were buying ...
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Spain's Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies...
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Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that...
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3 reasons why Polygon (MATIC) outperformed Bitcoin and major cryptos this week MATIC, the native cryptocurrency of Polygon, rose by over 35% in the past week due to three reasons.
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