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Cryptocurrency News

Location American Cryptocurrency News for 26 May 2022
JPMorgan Sees 'Significant Upside' to Bitcoin -- Replaces Real Estate With Crypto as 'Preferred Alternative Asset' JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrenc...
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Chinese Indexes Company Launches Hang Seng Metaverse Index A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second in...
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US Senator Cruz 'Incredibly Bullish' on Bitcoin -- Says 'I Have a Weekly Buy' U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontroll...
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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.
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Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put for...
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Central African Republic Moves Ahead With Its Crypto Hub Initiative Despite World Bank's Concerns Central African Republic (CAR) President Faustin-Archange Touadéra is readying to launch a new crypto project, dubbed Sango - the first crypto initiative that is designed to strengthen the country's image as an emerging...
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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially...
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Goblins Flip Bored Apes in 24 Hours to Become the Top Collection The grotesque creature-themed Goblin Town non-fungible tokens (NFT) project has flipped the popular NFT project Bored Ape Yacht Club (BAYC) to become the top collection in terms of sales volume over the past 24 hours. Th...
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Ethereum price dips below the $1.8K support as bears prepare for Friday's $1B options expiry Looming macroeconomic concerns and this week's $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
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Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when ...
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Spooky Solana breakdown begins with SOL price facing a potential 45% drop -- Here's why SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time.
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Inflation Might Bring New Crypto Users, Tethered Peso, the Price of Zuckerberg's Meta Ambitions + 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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Terra Moves Closer to New Chain Launch, Secures Exchange Support The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the va...
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Bitcoin 'good to go up' after BTC price hits lowest since Terra crash A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity.
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Ethereum's Beacon Network Deals With a 7-Block Chain Reorganization On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to block 3,887,081. The reorganization was discovered by Martin Köppelmann who noted the ...
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Gaming Guild's DAO Proposal to Refund Seed Investment Faces Backlash, Contract Breach Accusations After a USD 175,000 seed investment by crypto gaming guild Yield Guild Games (YGG) into the competing guild Merit Circle last year, the latter guild's community members are now proposing to refund the investment, complai...
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Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900 Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of ...
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Cathie Wood's Ark and 21Shares refile for spot Bitcoin ETF The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.
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New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits Tesla CEO Elon Musk continues to be the target of online con artists who are using his image to rob traders of their cash - with a new deepfake video depicting the billionaire entrepreneur making the rounds on Twitter. A...
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ECB president's anti-crypto comments trigger community responses On a Dutch talk show, Christine Lagarde said that crypto is "worth nothing," as there's no underlying asset that backs the currencies.
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Bitcoin Trends Lower, Ethereum and Altcoins Take Hit Bitcoin price declined and settled below USD 30,000. BTC traded below USD 29,200 and is currently (11:45 UTC) showing bearish signs near USD 29,100. BTC is down 1% in a day and is still up more than 1% in a week. Besides...
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KyberSwap's Trending Soon Feature Helps You Find Today the Tokens Everyone Will be Talking About Tomorrow Have you ever wanted to be able to see what crypto trends are about to emerge before everyone else? So check out KyberSwap’s Trending Soon feature for assistance.
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