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Bitcoin-price-retests-key-support-as-fed-rate-hike-fears-steal-$27k

Bitcoin price retests key support as Fed rate hike fears steal $27K

Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewInflation specter haunts crypto marketsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp.A modest recovery then took the pair to a range familiar from several days prior,…
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Litecoin-is-undervalued,-onchain-indicator-suggests

Litecoin Is Undervalued, Onchain Indicator Suggests

An onchain metric suggests that litecoin (LTC), the 12th largest cryptocurrency by market value, is trading at discounted prices.Litecoin's market value to realized value (MVRV) Z-score was negative at press time. A sub-zero score indicates the cryptocurrency is undervalued relative to its fair value, according to analytics firm Glassnode.The market capitalization is calculated by multiplying…
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Crypto-browser-opera-integrates-layer-1-blockchain-multiversx

Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX

Metaverse-focused blockchain MultiversX, formerly known as Elrond, is teaming up with crypto browser Opera to integrate support for its growing ecosystem.Opera users can explore the decentralized internet with the MultiversX network integrated into the browser’s interface. Users will also be able to transact with its native tokens EGLD or ESDT, connect to MultiversX-based non-fungible tokens…
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Texas-proof-of-reserve-bill-passes-through-the-senate

Texas proof-of-reserve bill passes through the Senate

The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.” 311 Total views 22 Total shares The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made it one step closer to reality in the state of Texas.…
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Australian-stock-exchange-officially-abandons-blockchain-plans:-report

Australian stock exchange officially abandons blockchain plans: Report

ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors. Australia's stock market operator has decided to abandon its plans of rebuilding its software platform using blockchain technology, marking a significant rejection of the once-celebrated concept that gained prominence through its association with…
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Crypto-should-become-a-regular-part-of-tradfi-within-5-10-years:-exchange-ceo

Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO

Bittrex Global CEO Oliver Linch believes crypto conferences won’t exist in five to 10 years — because crypto will become just a part of traditional finance. 327 Total views 4 Total shares Crypto needs to establish itself as a “brand new” component of traditional finance, rather than try to squeeze itself into existing financial products,…
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