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Crypto Listing and Delisting Announcements: Week 21


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Drops Further; Bitcoin Deep In the Neutral Zone


Source: iStock/da-kuk As the crypto market has corrected sharply, the market sentiment has seen a notable drop for the second week in a row - and it dropped out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell from 6.21 recorded last...

Top Altcoins Traded by Crypto Funds In 2020


While some 56% of surveyed crypto hedge funds declare that bitcoin (BTC) was responsible for at least half of their daily crypto trading volume in 2020, with 15% of the funds trading solely in bitcoin, they were also looking into other cryptoassets. Among the top traded coins by daily volume last...

Many Major Stablecoins Take a Brief Plunge Below USD 0.9


In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.) At 13:30 UTC, major cryptocurrencies...

Skeptics Keep Tether Busy Despite Latest Transparency Round


After revealing their reserves breakdown, Tether, the issuer of the most popular stablecoin, tether (USDT), still needs to respond to skeptics that remain unconvinced by the latest numbers and what might be behind them. This time, despite the settlement with the New York Attorney General’s Office...

Polygon Flips Ethereum in Daily Transactions, Price Hits All-Time High


Layer-2 solution Polygon (MATIC) turned some heads as it has surpassed Ethereum (ETH) in the number of transactions, and is now being discussed as a possible competitor to Binance Smart Chain (BSC). Per BitInfoCharts.com, the number of daily transactions on Ethereum hit nearly 1.64m on May 11 -...

Xinjiang Police Vow to Fight Crypto Fraud, Launch Public Awareness Drive


The police in the Xinjiang Uyghur Autonomous Region, China, have launched a campaign that they hope will help wipe out crypto scams. Per the Legal Daily, the police are concerned that “illegal fund-raising, online pyramid schemes and other cases of economic fraud” are on the rise in the region....

Crypto Listing and Delisting Announcements: Week 20


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

COVID Forces Chinese Internet Cafes to Turn into Crypto Mining Hubs


Chinese internet cafe owners are turning their businesses into crypto mining centers as social distancing measures continue to bite in the Middle Kingdom. According to The Time Weekly, via Sina, a huge number of the 24-hour internet cafes, created primarily for PC gamers, closed down in 2020 – when...

Crypto Market Sentiment Slips, Tether Wins, Bitcoin Loses Week


Following a string of rises, albeit a short one, the crypto market sentiment saw a drop over the past week, but one that was not large enough to push it out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell to 6.21 compared to last...

Vitalik Buterin Shows Mercy To Shiba Inu As Meme Coin Halves In Price


Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com After a sharp selloff last week, holders of the "DOGE killer," shiba Inu (SHIB), start this week on a green note, as Ethereum (ETH) co-founder Vitalik Buterin burned nearly all of the SHIB...

Ethereum Meets USD 4,000 Again, Bitcoin Above USD 50K, Altcoins Rally


The crypto market is showing more positive signs on Friday, with BTC inching higher above USD 50,000, while ETH returned to the USD 4,000 level, and multiple smaller altcoins are enjoying a double-digit rally. At 12:14 UTC, BTC was almost unchanged in a day, while ETH advanced by 6%. DOGE rallied...

Dogecoin Gets Another Boost from Coinbase, Elon Musk


Source: Twitter, @haydentiff Dogecoin (DOGE) is among the best performing top cryptoassets today as major crypto exchange Coinbase confirmed its plan to list it, while Tesla's Elon Musk said his team is helping the most popular meme coin. DOGE jumped by around 30% tonight (UTC) time following...

Tether Reveals Its Reserves Breakdown For The First Time


Tether, the issuer of the most popular stablecoin, tether (USDT), presented its reserves breakdown for the first time. Per the company, almost 76% of its reserves on March 31 consisted of cash, cash, cash equivalents, and other short-term deposits & commercial paper. Cash's share in this...

Experts Warn of Tighter Policing Ahead for Stablecoins


It appears that regulatory strife may well be in store for stablecoins, with experts opining that fiat-pegged tokens could fall under the scrutiny of financial policymakers. Quoted in the Financial Times, John Salmon, the head of the legal firm Hogan Lovells’ blockchain and cryptocurrency division...

Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans


Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin. In a press release, Facebook and its Diem partners announced that it would be teaming up with the American crypto...

Bitcoin Keeps Struggling, Ethereum and Altcoins Remain Attractive


Bitcoin price gained pace above the USD 57,500 resistance zone. However, BTC failed to settle above the USD 58,000 resistance. It started a downside correction and it is currently (12:20 PM UTC) trading well below USD 57,000. Besides, most major altcoins are correcting gains. ETH traded to a...

Goldman Executive Quits After Reportedly Making 'Millions' Off Dogecoin


Aziz McMahon, Managing Director for Emerging Market Sales in the London office of Goldman Sachs, has reportedly quit the investment bank where he worked for more than 14 years after making "millions" from his investment in dogecoin (DOGE). While neither Goldman Sachs nor have McMahon...

'DOGE Killer' Shiba Inu Clogs Ethereum While Musk Lifts Dogecoin Again


Shiba Inu (SHIB) token has taken over the Cryptoverse, calling itself the dogecoin (DOGE) killer and prompting many to raise alarms. Meanwhile, 50% of SHIB's total supply is deposited to the wallet of Ethereum (ETH) co-founder Vitalik Buterin, while the Ethereum fees skyrocket yet again and DOGE...

Crypto Listing and Delisting Announcements: Week 19


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

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