May 2021 | Page 24 of 125 | Last Cryptocurrency News Feed

Binance Coin Analysis: After 20% Daily Surge, is $400 Next for BNB?

BNB/USD – BNB Rebounds From $255 .886 Fib Support. Key Support Levels: $360, $305, $280. Key Resistance Levels: $388, $400, $442. BNB had already dropped from $680 to reach as low as $560 before the market capitulation last Wednesday. During the crypto-wide sell-off, BNB continued to fall beneath $500 until support was reached at the…

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Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target

The current cryptocurrency market scenario is only for traders who have an extremely high appetite for risks. But for the faint of heart, analysts advise patience and caution ahead.The outlook stands tall for Bitcoin (BTC) and Ether (ETH), the top cryptocurrencies by market capitalization that more or less behave as locomotives for the rest of…

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Canadian regulators accuse crypto exchange of breaking securities law

Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March. 4958 Total views 5 Total shares Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex.On Tuesday, the Ontario Securities Commission published a statement of allegations against Polo Digital Assets, also known as…

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Bitcoin mining banned in Iran until September

Iran's government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months. 4782 Total views 6 Total shares The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer.According to a report by Bloomberg,…

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Iran Temporarily Bans Crypto Mining Until Sep 22 Ahead of Peak Electricity Demand Season

After blaming BTC mining for electricity blackouts and sending spies to hunt down illegal miners, Iran has placed a temporary ban on such endeavors in its borders. According to a Bloomberg coverage, the Iranian government has placed a ban on all cryptocurrency mining endeavors until September 22nd. The ban is effective immediately and comes ahead…

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‘Time to Buy Bitcoin’ Luno Ads Banned in the United Kingdom

The UK’s Advertising Standards Authority (ASA) banned the trendy ”time to buy Bitcoin” Luno ads. The country’s officials called them ”irresponsible” and sounded an alarm of caution for inexperienced investors. No More BTC Ads The UK’s Advertising Standards Authority introduced severe restrictions for the crypto space in the past year. The British daily newspaper –…

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Elon Musk reminds followers he really isn’t Dogecoin’s master

Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency. 2299 Total views 2 Total shares Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project.Musk was replying to a comment from a…

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Nebraska signs law to authorize state-chartered banks to custody crypto

The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. 2805 Total views 4 Total shares A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska.The Nebraska Financial Innovation Act was…

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Banks cautious about crypto ahead of COVID-19 testimony before US Senate

CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery. 1612 Total views 6 Total shares Major Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the…

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Crypto Market Cap Recovers $600B in Three Days as Bitcoin Tops $40,000 (Market Watch)

It has taken bitcoin five days to recover the most recent losses and jump above $40,000. Most altcoins are well in the green, too, with Ethereum reaching $2,900 and BNB nearing $400. Bitcoin Tops $40K The primary cryptocurrency experienced numerous corrections in the past few weeks. The latest started on Friday following more FUD from…