The cryptocurrency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However, some outliers posted impressive gains thanks to popular investment narratives and the
Month: May 2023
A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate. Gas Monetization on #Fantom is live! ⛽ The program provides
After rising for four successive months, Bitcoin (BTC) is on track to end May with losses of about 7%. Another noteworthy thing in May is that Bitcoin’s 30-day volatility dropped to 1.52%, which is far below the yearly average 4% and higher. Glassnode data shows that Bitcoin’s low volatile periods have only lasted for 19.3%
Pepe (PEPE) price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators. PEPE charts flash a classic bearish reversal pattern From a technical standpoint, the price of PEPE could
China Bitcoin, Ethereum, and Crypto news pump. Debt ceiling update. 🔥 GET MY FREE NEWSLETTER 👉 https://cryptolark.co/WEALTHMASTERY 💸 BYBIT $30,030 BONUS & FEE DISCOUNT 👉 https://cryptolark.co/BYBIT 💡💡💡 ESSENTIAL CRYPTO KNOWLEDGE 💡💡💡 🔥 GET MY FREE NEWSLETTER 👉 https://cryptolark.co/WEALTHMASTERY 👨🎓 CHECK OUT MY 100% FREE BEGINNER GUIDE! 👉 https://cryptolark.co/GUIDE 💎 BITCOIN INVESTING COURSE 👉 https://cryptolark.co/BTCCOURSE 🔑
Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Analyst: Bitcoin reaching “crucial area” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to lose momentum after local highs near $28,500. As early-week excitement faded, traders and analysts warned
The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer. The team of Trust Reserve, the issuer of the Chinese yuan-pegged stablecoin CNHC, has been detained by the Chinese police, the local blockchain publication PANews reported on May 31. According to the report,
Officials in China have issued a warning about the risks posed by the rapid advancement in artificial intelligence (AI) development and subsequently called for tighter measures on national security. The remarks come from a meeting on Tuesday in which Chinese President Xi Jinping, and other prominent members of the communist party, stressed the country’s ambitions
A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and courts can use to determine the validity of deanonymized data on the Bitcoin (BTC) blockchain. The team’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a blueprint for conducting, verifying and presenting investigations into crimes involving cryptocurrency transactions. While the
A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts. Origin Ether total value locked, May 9-30. Source:
Ben.eth, the pseudo-anonymous memecoin creator behind at least three controversial token launches in recent weeks could fall under the crosshair of United States regulators, crypto lawyers suggest. A previously little-known personality in the crypto community, Ben.eth has seen his Twitter following blow up nearly five-fold in May. The influencer has launched at least three memecoins
The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, reminding them of the risks associated with expanding the scope of their activities. The letter from the CFTC Division of Clearing and Risk (DCR) specifically addressed digital assets. Staff advisory letters can
Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin pauses into monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $27,700, having briefly spiked above the $28,000 mark. The pair
Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June. The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of
Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they are taking steps to meet them. With Bitcoin mining blamed for using as much power as an entire country, and politicians searching for easy targets to strike, the industry appears
#Bitcoin #Crypto #Alts #Money #Market #Debt #Bonds #China #topaltscoins Follow @CTOLARSSON, Ran from @CryptoBanterGroup and Ivan @IvanOnTech InvestAnswers: 👋 JOIN THE FAMILY: http://www.patreon.com/investanswers 📈 IA MODELS: http://www.investanswers.io 📬 IA NEWSLETTER: https://investanswers.substack.com DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal
A tentative deal aimed at stopping the United States government from defaulting on its debts would likely eliminate a proposed tax on the energy usage of cryptocurrency miners, according to Ohio Rep. Warren Davidson. On May 28, U.S. lawmakers released a draft of a bill allowing the government to increase the debt ceiling — an
The race to snatch up Hong Kong retail crypto traders is about to kick off, with several cryptocurrency companies announcing plans to apply for a license come June 1. On May 29, the Hong Kong-based crypto exchange CoinEx became the latest to signal its entry to the city, saying it’s launching a local platform called BitHK,
Bitcoin (BTC) is trading hands at a hefty discount on the Australian branch of the Binance crypto exchange, with the price of Bitcoin down as much as 21% if traded against the Australian dollar. The move comes as traders rush to cash out their crypto holdings into Australian dollars before the door for local bank
Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard. The BRC-721E standard was jointly launched by the Ordinals market — an Ordinals-based marketplace
- 1
- 2
- 3
- …
- 19
- Next Page »