May 2021 | Page 3 of 125 | Last Cryptocurrency News Feed

BitMEX, Human Rights Foundation Award $150,000 To Bitcoin Developer Calvin Kim

BitMEX and the Human Rights Foundation have partnered to award Bitcoin Developer Calvin Kim $150,000 to further his work on Utreexo.Bitcoin exchange and derivatives platform BitMEX has announced that it has renewed a developer grant awarded to Calvin Kim until June 2022, giving him an additional $100,000 one-year grant. BitMEX awarded Kim a $30,000 grant…

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Indian central bank clarifies regulations as local banks shun crypto

Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. 2844 Total views 8 Total shares India’s central bank has issued an official notice regarding the fact that local banks are reportedly cautioning customers against using cryptocurrencies like Bitcoin (BTC).Published Monday, the notice points out…

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BNY Mellon Launches Crypto Custody Services in Ireland as Central Bank Raises Concerns

America’s oldest bank, BNY Mellon, continues with its cryptocurrency endeavors by planning to release custodial services in Ireland through its local branch. At the same time, the country’s central bank outlined “great concerns” related to the popularity rise of bitcoin and other digital assets. BNY Mellon Launches Crypto Custody in Ireland The Bank of New…

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Druckenmiller: Ethereum is ‘MySpace before Facebook’ while Bitcoin won as ‘Google’

Bitcoin (BTC) is at risk of a “flippening” from Ethereum (ETH), mainstream media claims as some familiar “FUD” returns to the spotlight.As BTC/USD continues to flag below $40,000, an old argument has resurfaced — but major investors are fighting back. Bloomberg: ETH "will likely exceed Bitcoin"In an article on May 31, Bloomberg cited multiple sources…

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Japanese watchdog issues warning to crypto derivatives exchange Bybit

The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. 3300 Total views 5 Total shares Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.The Japan Financial Services Agency issued a formal warning letter to Bybit…

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Cardano’s Charles Hoskinson: Central Banks Will Vanish and Crypto Will Replace Them

Charles Hoskinson – the creator of Cardano – opined that central banks would fade away as they are slow and corrupt. Furthermore, he claimed that crypto is the cure to the current financial system. Crypto Is The Antidote In a recent video, Hoskinson shared his thoughts on the financial ecosystem and the significant role of…

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How artificial intelligence can enhance blockchain platforms

Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil and water. While innovative in their own right, there’s a noticeable lack of interconnectedness — projects that tightly combine AI and blockchain, unleashing the full potential of both emerging technologies. Technical hurdles have been largely…

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PancakeHunny Launches DeFi Platform that Integrates with Poker, Lottery and NFTs on BSC

[PRESS RELEASE – Please Read Disclaimer] Team PancakeHunny provides users the easiest way to join the bandwagon of the DeFi world. We support the underlying DeFi technology to compound user yields through Binance Smart Chain (BSC). As a Yield Aggregator, we leverage different DeFi protocols and strategies to maximize user profits. Through smart contracts, PancakeHunny…

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Cardano Price Analysis: ADA Attempts a Breakout Above $1.70 Following 25% Weekly Increase

ADA/USD – Bulls Break Higher Above 50-day MA Key Support Levels: $1.50, $1.38, $1.35. Key Resistance Levels: $1.70, $1.80, $2.00. ADA dropped beneath $1.50 (50-day MA) over the weekend but managed to find solid support around $1.35 (100-day MA). This level was further bolstered by a rising trend line that has been in play since…

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Bitcoin accumulation uptrend can create a 2013-style BTC price ‘double pump’

A recent run-down in Bitcoin (BTC) price from about $65,000 to as low as $30,000 did not force long-term holders into selling, Glassnode data shows.The on-chain analytics platform revealed a spike in Bitcoin reserves held in wallets with lower unspent output just as the BTC/USD's bids were crashing. Meanwhile, the data also shows a Bitcoin…