‘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. Go to Source Powered by WPeMatico
Month: May 2021
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. A local media outlet reveals that South Korean ministries “do not want” to take charge of the country’s digital assets’ regulation, after several meetings held in the last few days. Prime … Read more
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. Go to Source Powered by WPeMatico
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000. Go to Source Powered by WPeMatico
‘Long Bitcoin’ chosen as most crowded trade in latest BofA survey
Bank of America noted that trades identified as “crowded” have historically been associated with incoming market tops. Go to Source Powered by WPeMatico
US lawmaker introduces bill aimed at protecting ‘forked assets’ from IRS
This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency. Go to Source Powered by WPeMatico
Microstrategy Buys $10M Worth of Bitcoin, MSTR Shares Down Over 60% Since February
On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO Michael Saylor told his Twitter followers that Microstrategy now holds 92,079 bitcoins. Microstrategy Stocks Up on More Bitcoin, Buys $10 Million Worth to the Balance Sheet Microstrategy (Nasdaq: MSTR) has … Read more
MicroStrategy buys the dip, acquires $10M in Bitcoin
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC. Go to Source Powered by WPeMatico
Famous analyst calls $43K Bitcoin price ‘logical’
Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger. Go to Source Powered by WPeMatico
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current … Read more