Bitcoin
Bitcoin Slides to 3-Month Low Around $34K
Digital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency. Source link
Month: May 2022
Regulation
UST Stablecoin Briefly Loses Peg, Luna Drops 10%
UST briefly lost its dollar peg on Saturday, leading to questions around whether Terra’s Bitcoin reserves will soon face their first test Source link
Bitcoin
Bankless Crypto Channel Banned From YouTube
Bankless Crypto Channel Banned From YouTube Source link
Bitcoin
The Fed Raised Rates and Markets Freaked Out
After Jerome Powell’s press conference all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight. Source link
Market Analysis
Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts
Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. Two analysts from the Wall Street giant Bank of America […]
Market Analysis
Instagram to Support NFTs From Ethereum, Solana, and Others
Instagram plans to integrate non-fungible tokens (NFTs) from top platforms such as Solana, Ethereum Flow, and Polygon, Coindesk reported. The social media platform is expected to announce a pilot scheme as soon as Monday. According […]
Regulation
Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow
Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow Source link
Regulation
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million […]
Regulation
US Treasury Sanctions First Crypto Mixer – Regulation Bitcoin News
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the […]
Politics
Central African Republic Under Scrutiny By IMF Following Bitcoin Adoption
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Academics and businessmen have questioned the Central African Republic’s government’s […]