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Blockchain
5 Next Cryptocurrency to Explode – May 2022 Week 3
The cryptocurrency market has dropped a little in the past 24 hours. At $1.34 trillion, its total cap is down by 1.9%. Most major coins have fallen by similar percentages, with some falling harder in the past day. However, the longer…
El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption
The ongoing Bitcoin conference in El Salvador could not have come at an interesting time when the leading cryptocurrency has shown its resilience amid the current LUNA crash, according to Mikkel Morch, the executive director at crypto…
Japan’s Investment Bank Nomura to Establish Digital Asset Arm
Nomura, a global investment bank headquartered in Tokyo, Japan, announced plans to launch a digital assets subsidiary for institutional clients.With the launch scheduled for later this year, the digital asset unit will provide users…
STEPN Commits to Donate $100,000 Monthly towards Carbon Removal
Move-to-earn Web3 running application STEPN has made a commitment to donate $100,000 monthly towards carbon removal as part of its Earth Day goals.The money will go towards purchasing Carbon Removal Credits on the blockchain via Nori.…
Aventis to Become Asia’s 1st Graduate School to Enter Metaverse
Aventis Graduate School unveiled its metaverse roadmap and become Asia's first graduate school to enter the metaverse.The Aventis Metaverse was built in collaboration with Multiverse Labs and Smobler Studios.
Through the metaverse,…
Crypto Tax Accounting Firm TaxBit Receives Strategic Investment from Haun Ventures
TaxBit, a Salt Lake City, Utah-based provider of crypto tax and accounting software, announced on Tuesday that it has received a new investment from Haun Ventures – a new venture fund designed to help founders build the next generation of…
DEFC Will Encounter a Price Rebound
DeFi Coin Price Forecast: May 17
Despite its recent decline from a high of $0.5668, DEFC may encounter a price rebound. The coin has been trading above the moving!-->!-->…
Underground Bitcoin Mining Pushes China to 2nd Spot in Terms of Hashrate, Study Reveals
The ban on cryptocurrency mining by the Chinese government has not shelved mining activities in the country.New data from the Cambridge Centre for Alternative Finance (CCAF), which publishes the Cambridge Bitcoin Electricity Consumption…
Cardano Price Prediction for Today, May 17: ADA May Gear up for Recovery Above $0.60
The Cardano price prediction reveals that ADA may begin to form higher as the bears may soon lose grip over the coin.
Cardano Prediction Statistics Data:Cardano price now – $0.56
Cardano market cap – $19.2 billion
Cardano circulating…
BTC May Retrace Below $30,000
The Bitcoin price prediction indicates bearish momentum as further upside was rejected during the European session.
Bitcoin Prediction Statistics Data:Bitcoin price now – $30,149
Bitcoin market cap – $573.5 billion
Bitcoin…
Coinbase bankruptcy disclosure spooks users of losing their funds
The cryptocurrency market has not performed well during the past few weeks. The crash in the market was triggered by the collapse of Terra (LUNA) and UST. Moreover, the recent policies by the Federal Reserve to tame the growing level…
SOL Ready to Break Above $60 Level
The Solana price prediction may continue to show a bullish movement if the market could rise above the $60 resistance level.
Solana Statistics Data:Solana price now – $56.08
Solana market cap – $18.8 billion
Solana circulating supply…
Luna Trading Draws Online Discussions in China Despite Crypto Ban
As the ever-evolving cryptocurrency is gaining global attraction the value of some of the world’s most prevailing digital currencies and non-fungible tokens (NFTs) has increased the curiosity of Chinese locals, even though virtual asset…
44 Countries Converge in El Salvador to Discuss Bitcoin Roll Out, President Bukele Says
Forty-four nations are expected to meet in El Salvador to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele.President Bukele tweeted:
“32 central banks and 12 financial…
5 Top Defi Crypto for High Profits May 2022 Week 3
Over the last few weeks, the crypto market has experienced drastic price movements with price marks touching lower lows. Given these movements, several crypto assets have given opportunities to investors to buy in and make substantial…
BitMEX Launches Spot Exchange Service
Crypto exchange platform BitMex announced Tuesday the launch of spot trading for retail and institutional traders.
As mentioned on its official website, users are now able to access the spot trading option by placing coin conversion…
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC) at an average cost of production of $8,700/BTC during…
Do Kwon Suggests Terra Hard Fork to Revive Troubled Network
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network. In a series of tweets, Kwon suggested:
“The Terra chain as it currently exists should be…
BTC Price Fluctuates Above $30K
Bitcoin Trades in a Tight Range as BTC Price Fluctuates Above $30K – May 16, 2022
Since May 12, BTC/USD has been consolidating above the $29,000 support as BTC Price fluctuates above $30K. For the past week, Bitcoin has been in a…
Portugal to Impose Taxes on Cryptocurrencies
Portugal’s government has announced plans to tax crypto income. Fernando Medina, Portugal's new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxation in the coming future.
Medina stated…