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Bitcoin and Ethereum Consolidate Gains, XLM and WAVES Outperform


Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most...

Digital Yuan Gets a ‘Lackluster’ Welcome at Biggest Test Site


A report has concluded that China’s digital yuan has failed to impress in early large-scale pilots, drawing a “lackluster reception” from participants – a fact that could throw up “hurdles to yuan internationalization.” Bloomberg stated that it had interviewed a number of digital yuan users...

Dogecoin Tops Liquidations Charts On Elon Musk Live Weekend


Those predicting an eventful weekend for dogecoin (DOGE) were proved correct after the token reached all-time high status before slumping spectacularly – with massive sell-offs following Tesla and SpaceX supremo Elon Musk (jokingly or otherwise) calling the token a “hustle.” At the time of writing...

Poland Should Introduce CBDC To Protect Its Economy - Stock Exchange CEO


Poland's central bank will need to issue its central bank digital currency (CBDC), the digital zloty, to prevent other countries from imposing their own digital currencies on the Polish economy, Marek Dietl, CEO of the state-controlled Warsaw Stock Exchange (WSE), said during a recent panel...

Ethereum Classic Inches Towards Top 10, Trading Volume Up Almost 2,900%


Ethereum classic (ETC) is seemingly making a classic dogecoin (DOGE) move, getting closer to the list of the top 10 coins and baffling the Cryptoverse at large. ETC, currently the 13th coin by market capitalization, is continuing its rally. It's up 33% in a day and 307% in a week (at 11:41 UTC)...

Ripple Resumes Programmatic XRP Sales, Citing ODL Growth


The so-called “programmatic sales” of XRP (essentially meaning open market exchange sales) have made another return – with major blockchain company Ripple once again claiming it's due to On-Demand Liquidity (ODL). In their May 6 report, Ripple wrote that, for "well over a year," they have...

Bitcoin and Ethereum Trend Higher, ADA, BCH, EOS, and ETC Rally


Bitcoin price has settled well above the USD 56,000 level. BTC is currently (12:00 PM UTC) showing positive signs and it might gain momentum above USD 58,000. Besides, most major altcoins are trading in a strong uptrend. ETH is rising and it might accelerate higher above USD 3,500. XRP/USD...

German Regulator Refuses to Budge in Binance Stock Token Dispute


Source: Instagram, Binance The Federal Financial Supervisory Authority (BaFin), the German financial markets regulator, has turned down a plea from the crypto exchange giant Binance to remove warnings about stock or inventory tokens – coins meant to represent shares in American stock market-listed...

XRP Holders Itching for Legal Battle in Protracted Ripple vs SEC War


Ripple’s long-running struggle against the American regulatory Securities and Exchange Commission (SEC) looks set to rumble on – although it could be set to take a new turn as the presiding judge is set to make a key decision, while XRP holders are itching to enter the legal area. The case centers...

Bitcoin and Ethereum Rise While DOGE Corrects Lower, BCH and LINK Shine


Bitcoin price is rising and trading above USD 54,000. BTC is currently (13:00 UTC) trading above USD 55,000, with a major hurdle at USD 56,000. A successful close above USD 56,000 could open the doors for a decent increase. Besides, most major altcoins are trading in a positive zone. ETH is rising...

Original Ethereum Outperforms ETH Despite Its 'Institutional Evolution'


The native token of the original Ethereum blockchain, Ethereum Classic (ETC), is rallying, rising nearly 50% in a day, outperforming Ethereum (ETH) despite its 'institutional evolution'. ETC, currently the 16th coin by market capitalization, is up by 47% in a day (7:20 UTC), almost reaching...

‘MLM Crypto Exchange’ Victims ‘Mainly Pensioners and Housewives’


Source: Adobe/Coloures-Pic Police in South Korea are continuing their investigation into the crypto exchange V Global, with some reports claiming that up to 40,000 investors may potentially have been left out of pocket – most of whom have been described as “elderly citizens and housewives.” Police...

TikToker Creates Joke ‘SCAM’ Coin – and People Are Buying it in Droves


A TikToker who made his own crypto token as a joke has been astounded to find that his coin has become an overnight success – and has apparently grown increasingly keen on his logic-defyingly popular creation. Andre Lewis aka Dre, who goes by the TikiTok handle of Dresuschrist, told Vice’s...

Crypto Exchange Raided on MLM Fraud Charges, USD 214M In Assets Frozen


V Global, a South Korean crypto exchange has been raided by police, with the firm’s CEO placed in custody, homes, and offices searched, and assets frozen – with the trading platform accused of masterminding a large-scale, illegal multi-level marketing operation. Police succeeded in obtaining court...

Crypto Listing and Delisting Announcements: Week 18


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...

Chia Network 'Opened Discussions' With Investors, Debuts On Exchanges


Bram Cohen, Founder of Chia. Source: A video screenshot, Youtube/Roger Royse Law Ahead of their mainnet launch, Chia Network, the developer of blockchain and "smart transaction" platform, was in discussions with investors to secure additional financing, according to a note to investors...

Coin Race: Top Winners/Losers of April 2021; The Month of Dogecoin


Happy crypto May everybody! Welcome to another month that's starting off green, but to see how we got here, we need to go back and take a look at what happened in the month before. April was by no means an unsuccessful month (price appreciation-wise) for either the top 10 coins by market...

Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok


Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers. Per Chosun, Generation Z investors are increasingly looking to broaden their...

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