May 2021 | Page 68 of 125 | Last Cryptocurrency News Feed

Report: Major Bitcoin Exchange Binance Investigated By U.S. Authorities

The world’s largest bitcoin exchange, Binance, is reportedly being investigated by U.S. authorities.The world’s largest cryptocurrency exchange, Binance, is under investigation by the U.S. Department of Justice and Internal Revenue Service (IRS), according to a report from Bloomberg.“As part of the inquiry, officials who probe money laundering and tax offenses have sought information from individuals…

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Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation

News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin's price drop to $46,000. 3025 Total views 13 Total shares Within the last hour, Bitcoin's (BTC) price dropped by more than 3%, extending the decline that started on May 12 and saw the digital…

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Tether discloses full reserve breakdown for the first time

Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. 3196 Total views 12 Total shares Tether Holdings Limited, the company behind the popular USDT stablecoin, released a full breakdown of its reserve composition on Thursday, offering more transparency about the composition of its assets. More…

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Binance is reportedly under investigation from IRS and Justice Department

The price of Bitcoin and Ether both fell between 3% and 5% as the report spread across social media. 7414 Total views 32 Total shares Major cryptocurrency exchange Binance is reportedly under investigation by both the United States Department of Justice and Internal Revenue Service in an apparent effort to stymie illegal trading activity from…

Bitcoin Magazine Feed

Following Misguided Elon Musk Tweet, Bitcoin Price Dips

A tweet from Tesla CEO Elon Musk, making inaccurate claims about Bitcoin’s energy use, likely caused a dip in the bitcoin price.At approximately 6:00 p.m. EST last night, May 12, CEO of Tesla Elon Musk posted a tweet in regards to Bitcoin and Tesla that appeared to have significant market impact. Source The tweet included…

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Cardano nears $2, Nano jumps 125% in firm shrug to Bitcoin bears and Elon Musk

The third-largest altcoin is following its own bullish path with new dollar all-time highs and a three-year high against Bitcoin. 1407 Total views 14 Total shares Cardano (ADA), the fourth-largest cryptocurrency, hit new all-time highs on May 13 as bulls refused to follow the broad market downtrend. ADA/USD 1-hour candle chart (Binance). Source: TradingviewADA wows weary…

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Cardano DeFi Project deFIRE Secures $5M in Funding Round

deFIRE is a decentralized smart order routing engine being built for the Cardano ecosystem incubated and supported by Occam and powered by the industry leader in cross-chain liquidity provision, Changelly. It offers execution services across decentralized exchanges (DEX) such as token swaps, order routing services across DEXs, and providing intermediary services between order flow originators…

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PrimeXBT Facilitates Passive Income With Covesting Yield Accounts

[Featured Content] The cryptocurrency market is known for its tremendous volatility. Just recently, we saw Tesla revealing that they will no longer support BTC payments, sending the entire market into a steep downturn that wiped off over $400 billion from its capitalization. Trading, while appealing, can also be devastating for the unaware, prompting many to…

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Changehero: Swapping Crypto in a Simple Way

[Featured Content] Cryptocurrencies have taken center stage over the past months following the impressive bullish cycle. Their growth in popularity is undeniable, and this attracts hundreds of thousands of new investors looking for a way to buy, sell, and store their crypto-assets. Nevertheless, there’s a magnitude of options out there when it comes to exchanging…

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Argo Blockchain Buys Hydro Data Centers To Realize Green Bitcoin Mining Vision

Argo Blockchain has purchased two hydro-powered data centers, allowing it mine bitcoin in a more sustainable and green way.Cryptocurrency mining firm Argo Blockchain has continued its move toward environmentally-friendly bitcoin mining by purchasing two hydroelectric-powered data centers in Quebec, Canada, according to a press release on the London Stock Exchange, on which Argo is listed."Argo's…