Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
BTC price continues to encounter selling pressure, but a brief rally or the start of consolidation could lead to sharp gains in BNB, XMR, ETC and MANA. The Dow Jones…
So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The…
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the…
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532…
Bitcoin Cash Price Prediction for Today, May 22: BCH Poises for Downing
BCH P0ises for downing– May 22The depression weight on the BCH/USD market operations appears not getting a reduction by now as it closely noticed that the crypto-economic price poises for…
What is total value locked (TVL) in crypto and why does it matter?
DeFi participants must be aware of the total value locked (TVL) indicator.Find out here what it is, how it is calculated and why it matters in DeFi. Largest network by…
CZ Declines Suggestion to Take Over from Do Kwon as Head of Terra (LUNA) and Bail out UST in Recent Reddit AMA
Summary: In a recent AMA, Binance CEO was asked whether he would consider taking over from Do Kwon at LUNA and bailing out UST. CZ responded by stating he was…
LUNA, UST Investors Can’t Catch a Break as Scammers Are Now Posting Fake Terra Community Proposals
Summary: Malicious actors have been purchasing LUNA and posting fake proposals on Terra Station with phishing sites. Terra has also witnessed an increment in spam proposals as the ‘cheapness’ of…
Terra Has Paid All Taxes In Full, Terraform’s Do Kwon Says
The issue between South Korea’s authorities and Terraform Lab is not over. The platform was recently called out for operating in the country without remitting taxes. The report last week…
Just (JST) Price Prediction: JST Is Trying to Beef up a Catalyst
JUST (JST) Price Prediction – May 22Indications on the ground suggest the JST/USD market is trying to beef up a catalyst from a lower-trading zone. The crypto’s all-time high is…
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160. Bitcoin (BTC) has declined by more than 55% six months after it…
Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde
Quick take: European Central Bank President, Christine Lagarde, has said cryptocurrencies are worth nothing and based on nothing. She added that cryptocurrencies do not have an underlying asset to act…
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally,…
Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake…
SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered…