China Merchants Bank subsidiary and Nervos Foundation launch $50 million blockchain fund

CMB International, a wholly-owned subsidiary of China Merchants Bank, and China-based Nervos Foundation have jointly launched a $50 million blockchain fund.The post China Merchants Bank subsidiary and Nervos Foundation launch $50 million blockchain fund appeared first on The Block....

XRP, Dogecoin, Cardano Price Analysis: 18 May

XRP approached a key resistance mark of $1.55-$1.58 and a breakout could see a 28% price hike towards $1.96. Dogecoin held on to a buy zone at $0.523-0.373 despite bearish broader market cues....

Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble

The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone....

Happy News for Canadian Traders: BitBuy Offers a Signup Bonus

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together....

Crypto Chartbook: Bitcoin, The Beauty Principle

Bitcoin as well as the Grayscale Bitcoin Trust are in a bull run for 14 months and we see future price levels take out all-time highs within.While most heavily traded market instruments trade most of the time in a sideways zone, any directional tools used in charting for Bitcoin come in handy.Instead of insisting on a rigid number setting of an ind...

Celo rallies 50% as excitement builds for the upcoming 'Donut' hardfork

CELO price gained 50% ahead of the network’s May 19 'Donut’ hardfork which will help increase interoperability and lower gas fees....

Cardano Creator Tells Elon Musk How To Fix Dogecoin

Cardano creator Charles Hoskinson is giving Tesla chief Elon Musk some suggestions on how to fix meme crypto asset Dogecoin (DOGE) from the ground up. In a new video, Hoskinson tells Musk and his team of developers to look into a number of research papers if the tech billionaire is really serious about rebuilding Dogecoin....

Polkadot, THETA, Tron Price Analysis: 18 May

Polkadot trimmed losses at $38.5 support and needed to maintain this to avoid a sharp sell-off. THETA traded within a descending triangle and a breakdown could result in a 20% retracement. Finally, a rise above $0.126-resistance could see a shift of market control over to the bullish side for Tron....

BitGo onboards former NYDFS and BitLicense regulator as COO

The firm announced Tuesday it has onboarded former BitLicense compliance head Cassandra Lentchner as COO across all BitGo trusts.The post BitGo onboards former NYDFS and BitLicense regulator as COO appeared first on The Block....

Holdefi: To Loan And To Hold

Since the start of the crypto boom, the movement of Decentralized Finance projects have increased. New DeFi projects are popping up on different blockchains. From tokens to protocols, it seems that when you blink, you miss a project....

Bitcoin bull launches pizza company that doesn't accept crypto payments

A guy based in New York City who loves Domino's is launching a pizza brand based on a Papa John's event that doesn't accept the crypto he espouses....

African Founded Crypto Exchange, Quidax Partners With Popular Defi Platform, JulSwap

PRESS RELEASE. Cryptocurrency exchange Quidax officially announced a partnership with JulSwap. JulSwap is one of the biggest decentralized exchanges (DEX) on the Binance Smart Chain Ecosystem....

Bitcoin Usage Continues To Accelerate In Argentina

The country is a haven for the digital asset as it embraces the revolution of independent money....

$125,000: Fundstrat Strategist Doubles Down on Bullish Bitcoin Price Prediction

Tom Lee, managing partner at Fundstrat Global Advisors, has revealed he is still confident in bitcoin’s price performance this year, despite Elon Musk’s reversal on the flagship cryptocurrency and the recent correction....

NFT Newsmakers: Carbon, NFTrade, Park.fi, New Jersey Devils and Emily Ratajkowski

NFT news this week includes fundraises, NHL partnerships and supermodels....

Nutritional Holdings and the cannabis cryptocurrency go separate ways

TL;DR Breakdown Nutritional Holdings created a cryptocurrency to raise money for its operations. Cannacrypt, the first cannabis cryptocurrency, is investigated. Nutritional Holdings has distanced itself from the cryptocurrency that it invented....

Here Are Key Fundamental Factors Dictating Bitcoin’s Price Beyond The Charts

Using past data, technical analysis helps to predict the movement of the market and helps investors and traders spot buying opportunities on different occasions. However, long-term cryptocurrency investors will agree that technical analysis isn’t the full package....

NVIDIA Isn't Done Making Graphics Cards ‘Less Desirable’ for Ethereum Miners

The graphics card maker is a key cog in both Ethereum mining and the video game industry....

Litecoin, Solana, Ethereum Price Analysis: 18 May

Litecoin jumped above key resistance at $295. Solana presented some target levels via the Fibonacci tool but stabilization could take place before the next leg upwards. Finally, Ethereum needed to hold on to $3,200-support to avoid a sell-off towards $2,790....

Status Plans Payments With Keycard, Develops Crypto-Native Communities Feature

Source: A video screenshot, Youtube/SatusOne of the top ICOs of 2017, Status (SNT), a crypto marketplace application and decentralized mobile and desktop client for Ethereum (ETH), is planing to enable crypto-to-crypto payments on its Keycard hardware wallet....

Interview: Bullish On Bitcoin Zoomers With Atlas HODL

The youthful bitcoiner is used to hard work, and therefore understands the value of his holdings....

Ethereum Might Flip Bitcoin Faster Than Dogecoin Knocked Out XRP

Bitcoin has held on to the first position for the longest time....

South Korean Ministries ‘Do Not Want’ to Take Charge of Crypto-Related Regulation, Claims Official

The crypto regulation crisis is on fire in South Korea, as politicians have struggled to reach agreements with top government officials to ease rulings....

There are now 6,710 Cardano millionaires following latest ADA surge

The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data....

Parachains on Polkadot Are One Step Closer to Launch

Polkadot’s experimental network Kusama has seen its first parachain rolled out, marking the next milestone on the project’s roadmap....

Ethereum Whales Have Diamond Hands, Santiment Data Shows

Data from cryptocurrency analytics firm Santiment shows that Ethereum whales – wallets or clusters of wallets with over 10,000 ETH – have “not budged” during the recent market sell-off that saw ETH’s value drop by over 25% from its all-time high....

Game on, Cardano ERC-20 Convertor Coming Soon To Testnet

The Commercial Project Manager at Input Output Global (IOG), Francisco Landino, said the much-awaited Cardano ERC-20 convertor is nearing the testnet phase. Analysts see the ERC-20 convertor as a critical component in competing against the number one smart contract platform, Ethereum....

Polkadot Price Analysis: 18 May

Polkadot’s price has been seeing a continuous drop in price and the market has remained volatile. As the value of DOT toppled from $46.74, it found support at $36.92. Even though the value recovered from this point, Polkadot hit resistance at $41.79....

Chainlink, Ethereum Classic, Uniswap Price Analysis: 18 May

Chainlink indicated an extended bear run but retaking key levels could allow for a bullish comeback. Ethereum Classic projected an 18% hike from a falling wedge breakout. Finally, Uniswap needed to reclaim $36.8-39.1 to reverse bear market conditions....

Crypto Analyst Who Called BTC’s Bear Market Bottom Goes ‘All In’ on DeFi and ETH

A cryptocurrency analyst and influencer known on social media as “SmartContracter” has revealed he is “basically all in” on decentralized finance (DeFi) tokens and Ethereum now, and has “literally 0 BTC.” The analyst revealed his position on the microblogging platform Twitter amid a series of tweets revealing he is bullish on Ethereum and some dece...

Sotheby’s 'Natively Digital' Auction to Feature Pak, CryptoPunks NFTs

The auction house is doubling down on crypto art....

How Has Covid-19 Contributed To The Rise In Bitcoin’s Price?

There are various factors resulting from the pandemic that have influenced the bitcoin price....

Six XRP investors to be excluded from court hearing as Ripple v SEC saga continues

The latest twist in the SEC vs....

Comedian Steve Harvey Selling NFT for Charity, Holds Bitcoin and Ethereum

The iconic comedian and host partnered with Rarible to launch a line of NFTs for charity....

Tether to Launch USDT Natively on Avalanche

The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year....

Polkadot’s Parachain Launch Phase Begins

Gavin Wood has announced that Polkadot’s Kusama canary chain is now ready to launch parachains, as well as parachain slot auctions and crowdloans....

YFI, Binance Coin, Bitcoin Cash Price Analysis: 18 May

YFI showed bullish behavior as it closed in on $74,000 resistance but rejection at this level could result in another sell-off. Binance Coin kept control of $500-support at the time of writing. Lastly, Bitcoin Cash could move sideways between $1,160 and $1,021 over the coming sessions....

New York Family Makes Millions Thanks to Shiba Inu Coin

You know a cryptocurrency has reached a whole new pinnacle when it features its own hard fork or spin-off coin. In bitcoin’s case, there are several assets that stem from its technology such as Bitcoin SV (BSV), bitcoin cash (BCH) and Litecoin (LTC)....

OCC Signals It May Be Less Crypto-Friendly Than Brian Brooks Regime

Acting Comptroller of the Currency Michael Hsu is calling for a review of the cryptocurrency guidance issued by the OCC under his predecessor....

Acting OCC chief has begun a staff review of crypto-related actions

Acting Comptroller of the Currency Michael Hsu has requested a review of pending regulatory actions, including crypto-related guidance.The post Acting OCC chief has begun a staff review of crypto-related actions appeared first on The Block....

Silvergate Capital gets $295.5M proceeds from at-the-market stock offering

Silvergate Capital (SI) completes its at-the-market equity offering program, selling 2.79M shares of common stock for proceeds of $295.5M, net of commissions and fees.The proceeds will be used to support Silvergate's growth, the company said.As of March 31, 2021, Silvergate's total consolidated assets were $7.8B, an increase of $2.2B, or 38.9%, fro...

Ethereum Staking Will Drop Power Consumption by 99%

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$83K Bitcoin price in the cards after data shows BTC whales bought the dip

Two key Bitcoin price metrics signal that whales bought the dip to $42,000, a hint that BTC may be gearing up for a new all-time high by mid-June....

Current Bitcoin Dip Nothing Out of Ordinary, Says Crypto Trader Lark Davis – Here’s Why

Popular crypto analyst Lark Davis says Bitcoin traders shouldn’t sweat Elon Musk’s comments or Bitcoin’s (BTC) latest price dip....

'Crypto for COVID': Indian neobank aims to feed those affected by pandemic

In the middle of a spike in cases, more than 4,000 people are dying in India every day as a direct result of the pandemic....

Bitcoin Pizza to boost the cryptocurrency market

TL;DR Breakdown • Bitcoin Pizza would go on from May 22 to 29.• Bitcoin took a nosedive on speculation by Elon Musk. Cryptocurrency Influencer Anthony Pompliano announced that a new pizzeria called “Bitcoin Pizza” would go on to promote crypto development....

Nvidia weakens potential hash rate from GeForce chips to discourage miners from using its GPUs

In an announcement from the firm today, it said the new, lower hash rate cards will start shipping in late May.The post Nvidia weakens potential hash rate from GeForce chips to discourage miners from using its GPUs appeared first on The Block....

XRP Price Analysis: 18 May

XRP‘s price has surged by 29% within a day and this surge carried its value from $1.32 to $1.70. However, as the value appreciated to $1.70, sudden selling pressure was visible. This pressure pushed the value of XRP to $1.60 and this downward trajectory may persist....

Chinese Industry Organizations Reiterate Old Restrictions on Cryptocurrencies

Self-regulatory bodies in China have once again reiterated the country's stance on cryptocurrencies and financial institutions looking to service them....

Polygon Price Prediction: MATIC goes against the grain to record a new ATH at $2

TL;DR Breakdown Polygon price prediction highlights MATIC’s upward price movement amid the crypto market bleeding. At present Polygon is experiencing colossal buying pressure that has pushed it to a new ATH at $2.6. A decisive close above the 151.01% Fibonacci extension level at around $2.6 could see the crypto asset skyrocket to higher regions....