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Cryptocurrency News

Location American Cryptocurrency News for 14 May 2022
Veteran Investor Mark Mobius Expects Bitcoin to Fall Further -- Cautions Crypto Traders Against Buying the Dip Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief...
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Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent l...
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Bitcoin stays under $30K as LUNA gains 600% during 'insane volatility' Traders' risk appetite seems untainted as speculation around LUNA runs wild once again.
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Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64% As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor valu...
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Germany Declares Crypto Gains Tax-Free After 1 Year -- Even if Used for Staking, Lending The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germ...
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Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX a...
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Report: Terra Founder Do Kwon's Spouse Seeks Police Protection After the LUNA and UST Fallout Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spou...
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Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000, BTC Down 6% to Start the Weekend Following a strong rebound on Friday, crypto prices moved back into the red today, with BTC falling below $30,000 to start the weekend. ETH also moved lower, as its own price slipped below the $2,000 level during Saturda...
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Despite the Low Price, Bitcoin's Hashrate Remains Elevated as Difficulty Taps an All-Time High Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high o...
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DeFi transforming lending routes on the blockchain

Coin Telegraph - 14 May 2022 13:11
DeFi transforming lending routes on the blockchain Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector.
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Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA.
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Public Consultations Reveal Positive Interest in Bank of Israel's Digital Shekel A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultatio...
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Bitcoin Halfway to Next Halving - What Can History Teach Us? Bitcoin (BTC) is halfway to its next halving, and analysts are again coming out with their predictions for how the price will respond this time around. But market reactions to Bitcoin halvings in the past have been diffi...
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Bitcoin network fortifies as mining difficulty records ATH of 31.251T BTC's latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate.
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Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrenci...
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Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by ...
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Securities Giant SBI Snaps up Controlling Stake in One of its Crypto Rivals, BITPoint The Japanese securities and banking giant SBI Holdings has made another key M&A move - and will snap up a controlling interest in BITPoint, one of the domestic rivals to its SBI VC Trade crypto trading platform. Per Nikk...
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Central Bank of Chile Studies Issuance of a Digital Currency The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores ...
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KICK․IO Is Evolving - Taking a Closer Look Into the Roadmap PRESS RELEASE. The crypto world is as innovative and exciting as fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach new heights...
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