Why is Dogecoin price down today?

Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. 680 Total views 21 Total shares Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website.As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in…

Dogecoin got a price bump Monday out of another Elon Musk tweet, this time in support of a proposed update. 1446 Total views 2 Total shares Elon Musk, the at-times controversial SpaceX founder and stop-and-go crypto supporter, voiced his support late Sunday for a set of major updates to the Dogecoin (DOGE) blockchain. The changes would…

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.Although the markets may be down and technical indicators built upon AWS malfunctioning, fear not young degens, fundamental news and the spirit of Wagmi is abundant as ever. So, read on and discover all you need to know about the most important events of this week.What you’re…

It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. 447 Total views 2 Total shares Less than two days after submitting separate applications to the U.S. Securities and Exchange Commission, asset managers VanEck and ProShares have seemingly decided not to pursue exchange-traded…

Crypto industry leaders and law experts debated the privacy implications of central bank digital currencies (CBDC) during the ‘Money Re-Imagined’ panel as part of Consensus:Distributed on May 11.Lawrence Summers, the former U.S. Treasury Secretary and former chief economist of the World Bank, argued that the current fiat monetary system exhibits issues of too much privacy,…

Vegas Auto Gallery has seen an influx of Bitcoin payments amid the bull market. 2462 Total views 18 Total shares A luxury auto dealership in Nevada has reported a steady increase in Bitcoin (BTC) payments, a testament to the bull market currently underway as more investors convert their holdings into high-end sports cars. Vegas Auto Gallery,…

In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services Agency (FSA) is undertaking new regulatory actions.Here is the past week of crypto and blockchain news in review, as…