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Cryptocurrency News

Location American Cryptocurrency News for 16 May 2022
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH hovering slightly abov...
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Goldman Sachs' Blankfein Advises Companies and Consumers to Prepare for US Recession -- Says It's a 'Very, Very High Risk' Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein...
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Utility tokens vs. equity tokens: Key differences explained With both types of tokens forming the bulk of crypto-asset purchases, both utility and equity tokens serve different purposes. Read here!
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BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI's current triple digit gain.
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MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security MakerDAO returned to prominence after Terra's UST collapse forced investors to search for a truly "stable" dollar pegged asset.
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China Backed Publication: Terra LUNA Crash Vindicates Country's Ban on Crypto-Related Activities An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country...
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Russians Based Abroad Say They Can't Withdraw Funds from Binance Russian users - even some not located in the aggressor state of Russia - are complaining that they are having problems using the crypto exchange Binance. The Telegram-based Russian financial news channel Banksta reported...
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Do Kwon proposes Terra hard fork to save ecosystem

Coin Telegraph - 16 May 2022 21:15
Do Kwon proposes Terra hard fork to save ecosystem Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.
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Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip.
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Finder's Poll Conducted Weeks Before Terra's Fallout Predicted LUNA Would Tap $143 This Year Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’...
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Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price.
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Crypto Listing and Delisting Announcements: Week 20

Crypto News - 16 May 2022 19:00
Crypto Listing and Delisting Announcements: Week 20 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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Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC $20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.
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The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures Chief financial officer André Milanez said that the product will launch within the next si months.
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Biggest Movers: XMR and SOL Higher on Monday

Bitcoin.com - 16 May 2022 18:11
Biggest Movers: XMR and SOL Higher on Monday Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher during the session. Monero (XMR) XMR was...
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Another Crypto Tax Haven in Danger, Goldman's & Nomura's Moves, DEI Depegs, NFTs on Spotify + 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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Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy the Dip; Ethereum Outflows Double Investors in funds backed by bitcoin (BTC) appear to be taking advantage of the lower prices, adding close to USD 299m to such funds last week, or the most this year, while ethereum (ETH) outflows more than doubled. ...
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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin�...
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Terra's Do Kwon Liquidated the South Korean Arm of Terraform Before LUNA & UST Crisis New reports fuelled speculations that Do Kwon (real name Kwon Do-hyeong) may have been aware of a storm brewing for the terra (LUNA) platform - and that the Terraform Labs mastermind may have taken action to dissolve dom...
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Bitcoin and Ethereum Look for Direction, ADA and SOL Trim Gains Bitcoin price started a downside correction from the USD 31,500 zone and declined below the USD 30,000 support zone before recovering. It is currently (11:29 UTC) trading near USD 30,100 and is almost unchanged in a day....
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David Marcus Launches Bitcoin Payments Startup Lightspark David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features ...
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FTX CEO sees no future in Bitcoin payments, community fires back FTX CEO's comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times.
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