Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which…
Render (RNDR) Poised To Weather Market Storm With Solid AI Prospects
The governance token of Render has been performing poorly in the past few days as the bears took control of the market. According to CoinGecko, RNDR is down 7% in the past 24 hours, indicating that the general market downturn affected its upward…
Should You Worry About Bitcoin Withdrawals On Exchanges? New Data Sheds Light
Bitcoin holders have been paying attention to the amount of BTC leaving crypto exchange platforms. Over the past week, the cryptocurrency’s liquidity has been moving, raising concerns about the stability of these venues and that marketmakers might…
We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless
The lack of clear crypto regulation risks sending companies overseas. Congress must bring regulatory clarity to crypto market structure, defining the bounds and appropriate legal treatment of crypto securities, commodities, and exchanges, say Jack…
Joint U.S. House Hearing on Crypto’s Future Opens With Discord
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.
Grayscale Investments Files for 3 New Exchange Traded Funds
On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three exchange-traded funds with the U.S. Securities and Exchange Commission. Grayscale…
Whales Move Significant Chunk Of XRP Tokens As Price Trends Sideways
Ripple Labs and top whale addresses have transferred 218 million XRP tokens in six transactions. These tokens are worth approximately $81 million at the time of the transactions. Whales Get Busy As Ripple Unlocks Escrow Tokens Whale alert reports…
Pepe vs. Doge: How memecoins performed first time hitting $1B market cap
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have the largest market capitalization by 2025, with PEPE coming in second place.
Bitcoin Price Blasts Above $28,000 Following 4.9% April CPI Report
Bitcoin price may have resumed its bullish momentum, following a cooler than expected April 2023 CPI report. The Consumer Price Index, a key measure of inflation, fell to 4.9% – lower than the expected 5.0%. As a result, crypto prices are climbing…
Why Web2 companies fail in Web3 while others made it
Web3 is now becoming the norm of this new era and therefore, a flurry of Web2 companies and venture capital firms are investing heavily in Web3 to avoid falling behind.
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.
Ripple CEO Rebuts WeBlogs Founder’s Claims That XRP Is A Security
WeBlogs Founder Jason Calcanis, who also doubles as an angel investor with a large Twitter following, made controversial statements about the XRP cryptocurrency yesterday, calling it a security. Calcanis’ opinions of the native digital…
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal…
Crypto Casino Guide & Best Bitcoin Casinos 2023 Did you know that you can enjoy your favorite casino games with increased speed, privacy, and security through the use of crypto casino sites? BC.GAME – Casino of the Year 2023 Metaspins – Superb…
Bitcoin Funding Rates On BitMEX Turn Deep Red, Here’s Why This Is Bullish
Data shows the Bitcoin funding rates on the cryptocurrency exchange BitMEX have turned quite negative recently. Here’s why this may be bullish. Bitcoin Funding Rates On BitMEX Have Plunged To Deep Red Values As pointed out by an analyst in a…
The Death Of Trust: As Institutions Erode, Bitcoin Is Our Only Hope
This is an opinion editorial by Dan Weintraub, an author and high school teacher who first became interested in Bitcoin while teaching economics.Recently, I’ve been thinking a good deal about Balaji Srinivasan’s $1 million dollar bet that bitcoin…
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