May 2021 | Page 55 of 125 | Last Cryptocurrency News Feed

Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’

Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week.Bitcoin drops by 16.92% over the weekend and Monday. Source: TradingviewIn retrospect,…

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From $65,000 to $42,000 in a Month: The Worst Bitcoin Correction During This Bull Run

In the span of a month, bitcoin went from $65,000 to $42,000, which officially became the largest correction since the bull cycle began in October 2020. So far, it has taken the asset between four and five weeks to recover all losses and head towards a new high during previous similar developments. As such, the…

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Mobile crypto ‘mining’ app possibly connected to personal data leak

A 17GB personal data leak reportedly sprung from the Pi Network mobile app. 2172 Total views 17 Total shares Pi Network, a cryptocurrency mining app for mobile users, may have been connected to 17GB worth of personal data leaks, a Vietnamese news outlet reported on Monday.The treasure trove of personal data was apparently taken from…

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All hail the Shiba? Rise of Dogecoin pretenders fueled by meme frenzy

Shiba Inu (SHIB) has been the talk of the cryptoverse and mainstream media recently. It is a meme coin themed around the Shibu Inu dog, a Japanese dog breed that Dogecoin (DOGE) is also basing its image on. According to data from CoinMarketCap, SHIB hit its all-time high of $0.0000388 on May 10 after it…

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UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artists

Reggae and dancehall musicians in the Caribbean may soon have a nonfungible token platform to help gain greater control of their creative work. 2172 Total views 11 Total shares Jamaican reggae artist Bay-C has partnered with Caricoin, a London-based Bitcoin (BTC) wallet company, to create a nonfungible token (NFT) platform for fellow performers in the…

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Yay or nay? New petition demands Elon Musk sells all his Bitcoin

The "Dogefather" has gone too far for some Bitcoin hodlers, and should allow a "better custodian" to own them instead, says the petition's creator. 3483 Total views 14 Total shares Tesla and SpaceX CEO and self-proclaimed "Dogefather" Elon Musk should sell his Bitcoin (BTC) holdings, say hodlers.A new petition hosted by Change.org is currently gathering…

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Iranian crypto miners using household energy will face large fines

Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages. 3622 Total views 25 Total shares The Iranian government continues to closely monitor the cryptocurrency mining industry by initiating new measures against home crypto miners, according to a new report.Mostafa Rajabi, a spokesperson for Iran's Ministry of Energy, said that crypto mining with…

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Ethereum Price Analysis: ETH Battles With Critical Support Following 8% Daily Drop

ETH/USD – Ether Attempts To Hold 20-Day MA Key Support Levels: $3430, $3250, $3140. Key Resistance Levels: $3750, $3800, $4000. Etheruem fell beneath its rising price channel over the weekend as it rolled over from above $4000 and dropped on Saturday. The cryptocurrency had been trading inside this channel since the end of April, which…

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Bitcoin’s Price to Stagnate or Decrease Short-Term as Exchange Inflows Increase: Analyst

Bitcoin investors have started to deposit substantial amounts of their portions into exchanges, on-chain data shows. Consequently, a popular analyst expects the asset’s price to stay at current levels or, most probably, to keep dumping in the following days. Bitcoin Whales’s Deposits to Exchanges Skyrocket Bitcoin’s price was on a wild rollercoaster ride in the…

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China Securities Journal Says Cryptocurrency Trading Is Risky and Calls for Strict Supervision

Chinese officials warned the public about the risks associated with trading with digital assets. The authorities pointed out three major considerations which might harm investors – false transactions, security breaches, and illegal and criminal activities involving cryptocurrencies. Tighter Regulations on Crypto Trading According to the China Financial Stability Report, investors should be extra vigilant when…