Latest News & HeadlinesAround the Web

Bitcoin Losses Add to Mounting Fears of Debt Default in El Salvador

El Salvador will struggle to secure a bailout from the IMF

Bitcoin: The ‘good’ news for BTC in the face of ‘escalating risk’

Bitcoin, the world's largest cryptocurrency, dropped below $30k as inflation fears and the Fed’s readiness for "short-term pain" rattled...

Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

At its peak, LUNA’s trading volume recorded an all-time high of $16.15 billion on May 11.

Binance CEO CZ to support Terra community but expects more transparency

While showing support for the Terra community, CZ highlighted the need for “more transparency.”

Seaside Resort in Slovenia Promotes Itself With NFTs

Portorož, a summer resort in Slovenia, has decided to promote itself as a tourist destination using non-fungible tokens (NFTs).

Brazil’s Leading Financial Broker XP to Launch a Crypto Trading Platform

The Brazilian financial institution XP teamed up with Nasdaq to create a digital asset exchange called XTAGE.

Amid bearish chaos Grayscale BTC and ETH, premium rates hit record…

The cryptocurrency market has witnessed a significant crash in the last few days. Bitcoin along with altcoins suffered a major crash that

Etherscan, CoinGecko warn against ongoing MetaMask phishing attacks

Cointelegraph warned readers about the rise in Ape-themed airdrop phishing scams, which is further cemented by the latest warnings issued by Etherscan and CoinGecko.

CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

CFTC commissioner Caroline Pham said former Credit Suisse U.S. regulatory policy head Keaghan Ames will be her counselor and senior policy adviser at the government agency starting May 23.

Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold

Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold.

Biggest Bitcoin ETF in Canada Absorbs 6,900 BTC – Largest Inflow So Far

Someone bought nearly 7,000 BTC on the dip and put into the largest Canadian Bitcoin ETF

Jack Dorsey Names Reason for Next Bitcoin Price Surge

Former Twitter CEO says he does not watch the current Bitcoin price fall, here’s why

Bitcoin network fortifies as mining difficulty records ATH of 31.251T

Given the extensive community support over 13 years, the BTC network witnessed a historic 10-month-long rally as it achieved a mining difficulty of 31.251 trillion.

Bitcoin Whales Are Filling Their Bags Despite Warnings BTC Price Could Nosedive To $20,000

This week, BTC fell below the $30,000 psychological level in the wake of widespread fears over UST’s de-peg from the dollar.

XRP: Despite SEC’s crumbling lawsuit against Ripple, investors aren’t impressed

XRP recorded a massive sell-off with a 7.44% decline in price. Fortune smiled on this token as it made a complete recovery on 13 May.

Bitcoin Bull 'Pomp' Reacts To Allegations He Pumped Terra (LUNA), UST Stablecoin

Bitcoin (CRYPTO: BTC) bull Anthony Pompliano, better known by the nickname "Pomp," dismissed allegations that he had been “promoting” Terra (LUNA) or Terra USD (UST) stable coin.

Terra (LUNA) Shows Big Breach in "Buy the Dip" Concept: Peter Schiff

Bitcoin critic Peter Schiff explains why LUNA confuses the concept of buying the dip for crypto overall

Japan's Nomura Launches Its First Bitcoin Derives Amid Crypto Crash

Japanese financial services company Nomura Holdings Inc (NYSE: NMR) has started offering Bitcoin derivatives to its institutional clients due to high demand.

Hedera [HBAR] looks ripe for an unprecedented recovery thanks to its…

Hedera’s native crypto, HBAR looked like it was set for a bullish recovery in the first week of May after dipping into oversold territory.

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

The SEC’s “crypto mom” Hester Peirce has said stablecoin regulation needs to allow room for “important” experimentation to “try new things.”

DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

The protocols lost millions of dollars because of the price inaccuracy following the LUNA price drop.

Bitcoin to the sky: Emirates to accept BTC payments and launch NFT collectibles

The company is also looking into using blockchain technology to keep track of aircraft records.

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.

STEPN [GMT] rallies but is demand conspicuously missing

The market conditions are risky, as many crypto assets such as GMT have a longer-term bearish bias but a near-term bullish bias,

Bitcoin mining in Norway gets the green light as the proposed ban rejected

Leftist parties wanted Bitcoin mining banned in Norway but democracy prevailed.

ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

"The introduction of a CBDC with anonymity enables merchants to prevent banks from extracting information from payment flows," the European Central Bank wrote in its latest working paper.

Australia's First Bitcoin and Ether ETFs Flop, Here's Why

Australia's first spot-based crypto exchange-traded funds moved embarrassingly low volumes on Thursday

MicroStrategy’s Massive BTC Position Currently in the Red

Michael Saylor's MicroStrategy currently sits on approximately $320 million unrealized loss due to bitcoin's recent price plunge.

DOGE gets more love on Twitter and Ether gets more hate: Data analysis

A new report from TRG Datacenters has found that ETH and BTC are the two of the more hated cryptocurrencies with roughly 29% of all tweets containing some form of negative sentiment.

USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in

LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.

Coinbase CEO says funds are safe amid bankruptcy protection fears

Coinbase CEO explained that its team is working to expand the legal protections of its retail customers.

Binance Futures delists coin-margined LUNA perpetual contracts

Binance has suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday.

PancakeSwap governance proposal set to cap CAKE supply at 750M

PancakeSwap’s Chef Icy revealed that “Based on a 10.5CAKE/block, our effective runway will be 4.2 years” for the 750 million CAKE tokens.

Tether to move over 1B USDT from Tron to Ethereum and Avalanche

Tether assures the crypto community that this will not change the total supply of USDT.

Madonna’s nude NFT launch triggers a mix of emotions from the community

Money collected from the drop will go to three different charities focusing on women and children.

Chainalysis announces $170M funding round, platform now valued at $8.6 billion

Chainalysis serves the financial data requirement of 750 high-profile corporations globally from 70 countries.

Uncovering Terra's Implosion — Terraform Labs' Big Name Backers and 'Zero Exposure' Claims

People are beginning to wonder who backed this popular crypto project and which crypto firms had a lot of exposure to the failing assets.

Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020

Bitcoin fell below $30,000 for the second time this week. However, today’s plunge saw prices fall to their lowest level since December 2020.

Data: Bitcoin Enjoying Great Market Interest Despite Crash

The world's first cryptocurrency, Bitcoin (CRYPTO: BTC), is seeing great interest from market participants, as clearly shown by market data.

XRP price triggers a 70% bearish breakout; this is what traders can do

XRP price has set in motion a bearish outlook that could push it back to levels last seen in December 2020 and during the COVID...

Environmental groups urge US government to take action on crypto miners

The organizations alleged crypto mining in the United States harmed communities by creating increasing demand for electricity sourced from fossil fuels.

New York digital media company the latest to add Bitcoin to balance sheet

New York-based marketing and radio station company Townsquare Media purchased $5 million worth of Bitcoin in 2022.

VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1

The Q1 2022 Financial Report from the VeChain Foundation reveals that the project is sitting on $1.2 billion in assets but expenditures are but a mere drip at $4.1 million between January and March.

Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale

The platform will "enable the provision of provenance information from source to Sightholder to store on a secure blockchain."

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

Delivering the Queen's Speech, Prince Charles outlines the British government's plans to support the safe adoption of cryptocurrencies and create "powers to more quickly and easily seize and recover...

Bitcoin Struggles at $30K as Crypto Market Cap Plummets to 10-Month Lows (Market Watch)

The crypto market cap is down to levels last since July 2021, while bitcoin continues to fight for $30,000.

Will Cardano’s ‘Project Catalyst’ save ADA from the market’s friction

Cardano is unbothered by the market conditions as it continues to march towards development with its most recent...

FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund

The London-based asset manager is targeting companies that can push the needle on Web3 innovation.

Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds

United24, Ukraine's new fundraising platform, accepts a number of cryptocurrencies, alongside traditional payment methods.

Bank of Israel claims 'public support' for its CBDC project

The Bank of Israel claims that the nation's blockchain sector supports its CBDC project.