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Cryptocurrency News

Location American Cryptocurrency News for 4 May 2022
Bitcoin Funds Sees Largest Weekly Outflows in a Year, 'Hawkish Rhetoric' to Blame Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021, with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research ...
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Tesla CEO Elon Musk Gives Investment Advice He Says 'Will Serve You Well in the Long Term' Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire...
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South Korea's Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal Kakao Bank, South Korea's biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone - one of the four biggest crypto exchanges in the ...
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US Central Bank Raises Rates by Half a Percentage Point, Fed's Powell Says Similar Hikes Are on the Table The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after th...
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El Salvador Finance Minister: We're Waiting for Bitcoin Price Rise Before Issuing BTC Bonds The Salvadoran government is "waiting for a bitcoin (BTC) price rise" before releasing its long-awaited BTC bonds, the nation's finance minister has claimed. Per El Salvador's Diario El Mundo, Alejandro Zelaya, the Minis...
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Bitcoin pushes to $40K, but are bulls strong enough to win Friday's $735M options expiry? $735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
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Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the ...
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Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next So far, so good for markets pricing in a 50-basis-point hike from the Fed, with chair Jerome Powell still to speak.
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Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets The US Federal Reserve (Fed) raised interest rates by 0.5 percentage points, to 0.75%-1%, in line with what analysts expected and what Fed Chair Jerome Powell has previously communicated. ...
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How to Practice Trading Online Using Tools Provided By Binaryoptions․com Trading online has become very popular over the years. There are no specific requirements for becoming a trader or an investor, for that matter, as long as people know what they are doing. That being said, everyone has t...
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New Service Allows You to Get Tipped in Bitcoin to Read Email As some estimates indicate that more than 333bn emails are sent every day, a new service, Reacher, aims to allow its users to get paid in bitcoin (BTC) to be reached, and potentially filter out a major share of their spa...
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Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT Bitcoin and most altcoins could remain volatile in the short-term due to the Fed's decision, warranting caution from traders.
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Bitcoin's Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty j...
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Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks + 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. __________...
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Cardano's Djed Stablecoin Testnet Goes Live, ADA Outperforms The smart contract platform Cardano (ADA) launched a testnet version of the new algorithmic and decentralized stablecoin Djed, and is requesting feedback from the public. ADA jumped on the news. At 14:33 UTC, ADA traded ...
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Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the ...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today's Rate Decision Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. ...
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Polkadot Becomes a 'Fully Interoperable Multichain' With the Launch of its Cross-Consensus Messaging Format Popular blockchain protocol Polkadot (DOT) has launched its messaging system XCM (cross-consensus messaging) to enable communication between its various parachains and allow assets like non-fungible tokens (NFTs) to be t...
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Happy birthday, Hal Finney: Crypto community honors world's first known Bitcoiner Hal Finney, a computer scientist and the world's first publicly known Bitcoiner, would have celebrated his 66th birthday Wednesday.
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Elon Musk May Launch Twitter IPO After Takeover - Report As Elon Musk is advancing his plan to buy Twitter in a deal valued at some USD 44bn, the Tesla CEO has reportedly told potential investors that the social platform could be returned to public ownership after a few years....
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El Salvador's Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been af...
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Bitcoin and Ethereum Try to Recover, APE Pumps and Dumps on Musk's Move Bitcoin price remained well bid above the USD 38,000 level, started a short-term upside correction above the USD 38,500 level, and is currently (11:57 UTC) testing the USD 39,000 level. BTC is up over 1% in a day and 2% ...
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