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After Predicting $400K Bitcoin, Guggenheim Now Sees a Crash to $8K

May 24, 2022 Uncategorized Eddy 0

With the price of bitcoin currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes BTC’s value could further dip to $8,000. Bitcoin Price Could Bottom at $8,000 Minerd made the bearish prediction on Monday (May 23, 2022), during an interview on CNBC’s Squawk Box at the World Economic […]

Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’

May 24, 2022 aave, Binance, Chainabuse bitcoin, Chainabuse crypto, Chainabuse cryptocurrency, Circle, Civic, Crypto Scams, Featured, report crypto scams, Scam, scam reporting platform, Solana, TRM Labs, Tron Eddy 0

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 Reporting Platform Launched A number of crypto firms have joined forces and launched a new, […]

India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST

May 24, 2022 $LUNA, crypto market crash, crypto market downturn, Crypto regulation, Cryptocurrency regulation, RBI, rbi bitcoin, rbi crypto, rbi cryptocurrency, Regulation, Shaktikanta Das, Terra, upi, UST Eddy 0

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 to the crypto market now,” said Governor Shaktikanta Das. RBI’s Governor on Crypto Market and […]

Veteran Investor Jim Rogers Optimistic About Future of Crypto Money

May 24, 2022 ban bitcoin, ban crypto, Featured, government crypto, jim rogers bitcoin, Jim Rogers buys bitcoin, jim rogers crypto, jim rogers cryptocurrency Eddy 0

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 for something to replace or compete with the U.S. dollar. Jim Rogers on Bitcoin, Crypto, […]

Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard’s Assets

May 23, 2022 $LUNA, do kwon, Embezzlement, embezzling funds, Featured, freeze accounts, freeze assets, freeze funds, Korean police, lfg, luna foundation guard, Terra (LUNA), TerraUSD, terrraform labs, UST Eddy 0

The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset Freeze The Seoul Metropolitan Police Agency’s Cybercrime Investigation Unit announced Monday that it has launched an […]

GameStop Rolls Out Self-Custodial Wallet for Cryptocurrencies and NFTs

May 23, 2022 Uncategorized Eddy 0

American video game retailer GameStop announced the launch of its digital asset wallet. Following the development, shares of GameStop (GME) rose by more than 2% premarket on Monday to $98.02. It was currently trading at $95.66. GameStop Wallet GameStop’s new self-custodial Ethereum wallet will allow users to store, send, receive and use cryptocurrencies and non-fungible […]

Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4%

May 23, 2022 12 known pools, 200 EH/s, Antpool, Bitcoin Miners, Bitcoin mining, Bitcoin’s hashrate, BTC hashpower, BTC Hashrate, BTC Mining, BTC network, DAA, difficulty adjustment algorithm, difficulty change, Exahash, Foundry USA, Mining, mining bitcoin, Mining BTC, S19 Pro+ Hyd., Terahash, Unknown Miners Eddy 0

While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining difficulty is estimated to drop 3.67% giving miners some […]

Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments

May 23, 2022 Analysis, Balenciaga, BTC, ETH, Market Updates Eddy 0

Bitcoin rallied to above $30,000 to start the week, as bulls returned to crypto markets on Monday. The news comes as it was announced that fashion brand Balenciaga is set to accept crypto payments. ETH also moved higher on the news. Bitcoin BTC climbed to its highest point in four days earlier in today’s session, […]

Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced

May 23, 2022 Coinmena, Crypto wallets, Cryptocurrency Exchange, digital asset exchange, Digital Currency, Dina Sam’an, Featured, Talal Tabbaa Eddy 0

Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can Now Connect Bank Accounts to Their Crypto Wallets The Bahrain headquartered cryptocurrency exchange, Coinmena, […]

Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US

May 23, 2022 Accessories, Bitcoin Payments, BitPay, crypto, crypto payments, Cryptocurrencies, Cryptocurrency, Luxury, News, Partnership, payment gateway, Swiss, Switzerland, Tag Heuer, U.S., US, watch, watches Eddy 0

Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients Bitcoin Payments Designer and maker of luxury timepieces TAG Heuer is now accepting […]