Bitcoin Mining Council emerges following meeting with Michael Saylor and Elon Musk
The CEO of MicroStrategy brokered a successful meeting between Elon Musk and North American Bitcoin miners. Go to Source Powered by WPeMatico
Month: May 2021
Total crypto market cap gains $400B as DeFi tokens lead the recovery
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins. Go to Source Powered by WPeMatico
Coinbase recruits former White House adviser to new policy role
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors. Go to Source Powered by WPeMatico
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour volume. Meanwhile, stablecoins capture 50% of Monday’s global trade volume with … Read more
Cardano sees largest weekly inflows from institutional managers – CoinShares
Environmental FUD concerning Bitcoin seems to be everywhere these days. But is it enticing more investors to seek out proof-of-stake projects? Go to Source Powered by WPeMatico
Price analysis 5/24: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, UNI, LTC
The current relief rally in Bitcoin and altcoins could be a sign that the market is reaching a bottoming phase. Go to Source Powered by WPeMatico
Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst. Goldman Sachs Now Considers Bitcoin an Investable Asset Goldman … Read more
Wishy-washy bulls turn bearish on Ethereum price despite positive data
A few months ago traders were uber bullish on ETH at $2,100, so why are they bearish now that the altcoin trades for the same price? Go to Source Powered by WPeMatico
No evidence of 2013 double pump as no-coiners buy Bitcoin dip – Willy Woo
Bitcoin’s massive discount isn’t just attracting the whales; people who have never held the virtual currency are also buying. Go to Source Powered by WPeMatico
US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. … Read more