Trump-themed token RTR dumps 95% after son denies link to token
The Donald Trump-themed memecoin “RTR” plunged 95% after Eric Trump warned they have nothing to do with it.
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Crypto Markets Turning Green, Oil Prices Tumble
Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360.Market visualization from Coin360The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually reaching its intraday high of $7,946. At press time, bitcoin is trading at around $7,914, up 2.64%…

Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data
The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve's taper timing. Bitcoin corrects after logging its week-to-date high of $49,667. Source: TradingView.comIn detail,…

Is MATIC price about to double? Polygon’s Reddit hype pushes exchange balance to 9-month lows
A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoing another major market rally.MATIC exchange balance hits nine-month lowNotably, the MATIC supply held by all crypto exchanges fell…

UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects
Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cointelegraph that UNICEF had launched its innovation fund in…

Paxos secures approval from Singapore’s financial regulator
The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia. 246 Total views 19 Total shares The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.In a Thursday announcement, Paxos said it had received a license from…

Researchers: Bitcoin Price Drop Not Caused by $3B Ponzi BTC Dump
Bitcoin’s (BTC) recent price drop has not been caused by Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme PlusToken, according to researchers at crypto analytics firm TokenAnalyst. Crypto analytics firm: PlusToken cannot be the cause As Bloomberg reports on Aug. 15, co-founder of London-based cryptocurrency analytics firm TokenAnalyst, Sid Shekhar, said that a Bitcoin dump by…

Venezuela: Maduro Raises Petro’s Value By 150 Percent Amid Ongoing Inflation
Venezuelan president Nicolas Maduro has raised the reference value of the national cryptocurrency, Petro, against the background of the country’s ongoing hyperinflation, the president’s official Twitter tweeted Nov. 30.According to major Latin American television channel TeleSur, Maduro first announced the new Petro rate on Thursday. Nov. 29. The value of the Petro is now set…

Nouriel Roubini Versus Blockchain: Notes from the Senate Floor
Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the US Senate’s Committee on Banking, Housing & Urban Affairs’ floor, definitely bore quite a few similarities…