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Source: Bitcoin News

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Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization
On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to block 3,887,081. The reorganization was discovered by Martin Köppelmann who noted the “current attestation strategy of nodes… Read full article
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Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900
Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing.
Bitcoin… Read full article
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Chinese Indexes Company Launches Hang Seng Metaverse Index
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said.
Rising Popularity of the… Read full article
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KyberSwap’s Trending Soon Feature Helps You Find Today the Tokens Everyone Will be Talking About Tomorrow
Have you ever wanted to be able to see what crypto trends are about to emerge before everyone else? So check out KyberSwap’s Trending Soon feature for assistance. Read on to learn more!

Find Out What Tokens Might Be Trending… Read full article
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IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST
The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST).
IMF Chief Has a Message for Crypto Investors After… Read full article
8h ago
Bitcoin News
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No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for… Read full article
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ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that… Read full article
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US Senator Cruz ‘Incredibly Bullish’ on Bitcoin — Says ‘I Have a Weekly Buy’
U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those who want control of… Read full article
15h ago
Bitcoin News
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JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with… Read full article
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A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival… Read full article
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Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,” the U.S. economy could… Read full article
21h ago
MAN
Bitcoin News
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Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to… Read full article
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Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day
Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week… Read full article
1d ago
Bitcoin News
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Thailand Exempts Crypto Transfers From VAT Until End of 2023
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of… Read full article
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Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000
Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day.
Bitcoin
The world’s largest cryptocurrency once again traded… Read full article
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Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge… Read full article
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Ariva Celebrates 1st Year Anniversary With Impressive Achievements in the Blockchain Industry
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in… Read full article
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Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent… Read full article
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ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the… Read full article
1d ago
Bitcoin News
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Bitcoin․com’s Director of Engineering Answers Verse Questions in AMA
With the Verse token sale slated for June, and registration already open at getverse.com, Bitcoin.com’s Head of Financial Services Corbin Fraser hosted an ‘Ask-Me-Anything’ with special guest Director of Engineering Andrei Terentiev.
Addressing questions submitted across Twitter, Discord, and Telegram,… Read full article
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Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s… Read full article
1d ago
Bitcoin News
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Cornucopias: A Revolutionary Cardano Blockchain Project That Is Redefining the Gaming Metaverse Industry
PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space.
Cornucopias… Read full article
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Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment
The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the crypto market plunged.
Andrew Bailey on… Read full article
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Guggenheim’s Scott Minerd Sees a Lot More Downside to Crypto Market — Predicts Bitcoin Could Fall to $8K
Guggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K.
Guggenheim’s Scott Minerd Predicts the Future Outlook for Bitcoin, Crypto… Read full article
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LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt… Read full article
2d ago
ION
Bitcoin News
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Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users may acquire cryptocurrencies using their credit… Read full article
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Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to… Read full article
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Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the… Read full article
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Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling… Read full article
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Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday’s Session
Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by… Read full article
2d ago
Bitcoin News
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Bitcoin, Ethereum Technical Analysis: ETH Back Under $2,000 as Balenciaga Gains Lose Steam
Following strong gains to start the week, BTC once again fell under $30,000, as crypto prices moved lower on Tuesday. The downturn follows up from yesterday’s rally, which came as Balenciaga announced it would be accepting crypto payments. ETH also… Read full article
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STEPN’s GMT Token Supported by Alchemy Pay for Real-World Spending
PRESS RELEASE. The leading fiat-crypto payment solutions provider, Alchemy Pay (ACH) and the web3 app, STEPN (GMT), have announced a new collaboration. STEPN’s GMT token is now supported for use on Alchemy Pay’s hybrid fiat-crypto payment system that enables it… Read full article
2d ago
PAY
Bitcoin News
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Swiss VC Launches African Blockchain Early Stage Fund
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto.
Uses Cases Beyond Crypto
The Switzerland-based venture capital… Read full article
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Government of Uruguay Presents Campaign Against Crypto Scams
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate… Read full article
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Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering… Read full article
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Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so… Read full article
2d ago
Bitcoin News
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Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.”
New Crypto Scam… Read full article
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India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened… Read full article
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Veteran Investor Jim Rogers Optimistic About Future of Crypto Money
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he has “optimism about the future of crypto money.” However, he is skeptical of central bank digital currencies and warned that the world is looking… Read full article
3d ago
Bitcoin News
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