Month: May 2021

Price analysis 5/31: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, ICP, BCH

Price analysis 5/31: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, ICP, BCH

Bitcoin’s (BTC) massive drop in May 2021 is among its worst monthly performances, according to data from Bybt. The decline has divided the crypto community, with long-term investors considering the fall as a buying opportunity while short-term traders are dumping their positions out of fear. Glassnode data suggests that long-term HODLers and miners are using …

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Lawsuit Alleges $250 Million Israeli ICOs to Be Scams

Lawsuit Alleges $250 Million Israeli ICOs to Be Scams

Three Israeli companies, Sirin Labs, Stx Technologies Limited (Stox), and Leadcoin, are facing a lawsuit with allegations of initial coin offerings (ICO) scams involving around $250 million, The Times of Israel reported. The companies took the ICO route to raise massive capital during the hype between 2017 and 2018. Sirin Labs raised $158 million in July 2017 …

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Druckenmiller: Ethereum is 'MySpace before Facebook' while Bitcoin won as 'Google'

Druckenmiller: Ethereum is ‘MySpace before Facebook’ while Bitcoin won as ‘Google’

Bitcoin (BTC) is at risk of a “flippening” from Ethereum (ETH), mainstream media claims as some familiar “FUD” returns to the spotlight. As BTC/USD continues to flag below $40,000, an old argument has resurfaced — but major investors are fighting back. Bloomberg: ETH “will likely exceed Bitcoin” In an article on May 31, Bloomberg cited …

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Dot

Dot

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, Tesla, Inc, Netflix, Inc, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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How artificial intelligence can enhance blockchain platforms

How artificial intelligence can enhance blockchain platforms

Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil and water. While innovative in their own right, there’s a noticeable lack of interconnectedness — projects that tightly combine AI and blockchain, unleashing the full potential of both emerging technologies.  Technical hurdles have been …

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Bitcoin ‘of great concern,’ Ireland’s central bank official warns

Bitcoin ‘of great concern,’ Ireland’s central bank official warns

Ireland’s central bank director general for financial conduct is the latest official to point out issues of Bitcoin (BTC) and the cryptocurrency industry following a major market sell-off. The growing popularity of cryptocurrencies like Bitcoin is “of great concern,” the Central Bank of Ireland’s Derville Rowland warned, Bloomberg reports Monday. “Crypto assets are quite a …

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Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

Bitcoin (BTC) is struggling to sustain any price level during the current pullback, indicating a lack of demand at higher levels. Does this mean that the bull trend is over and the institutional investors are abandoning the crypto markets? No! It is the other way around. Glassnode’s weekly newsletter pointed out that the Grayscale Bitcoin Trust (GBTC) …

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2 Bitcoin price indicators suggest BTC has not bottomed yet

2 Bitcoin price indicators suggest BTC has not bottomed yet

Traders are using various strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious. Has Bitcoin price bottomed yet? According to @noshitcoins, derivatives and on-chain data signal that further downside could be in store. Traders have been trying to time the much-anticipated trend reversal ever …

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Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams

Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams

Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The bank has provided several tips for customers “thinking of investing in bitcoin or other cryptocurrencies” on how to spot scams involving cryptocurrencies. “If you ignore the above advice, you could lose all …

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Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies

Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies

Financial guru Dave Ramsey has given advice on whether one should invest in cryptocurrencies, like bitcoin. Ramsey sees cryptocurrency as a get-rich-quick scheme, preferring to make his money in a “methodical” and “boring” way. Dave Ramsey’s Advice on Investing in Bitcoin and Other Cryptocurrencies Dave Ramsey has given advice on cryptocurrency investing. Michael from Dayton, …

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Head of Ukrainian Cyber Police Advocates for Regulating Cryptocurrencies

Head of Ukrainian Cyber Police Advocates for Regulating Cryptocurrencies

Ukraine’s head of cyber police has raised concerns about the ongoing criminal activity that is taking place within the cryptocurrency sphere and is calling for regulating it. Oleksandr Grinchak stated during an interview with RBC that regulating the crypto industry would significantly help authorities monitor illegal transactions. The official says that most crimes can be …

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BTC,CHR

BTC,CHR

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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