Crypto Market Forecast: Week of May 8th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Binance closes BTC withdrawals citing congestion, Montana signs a new bill to establish cryptocurrency friendliness, and Americans are worried about the safety of their money stored in banks. дальше »

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XRP Centralization Controversy Explodes: Here's Latest

Debate on centralization of XRP and XRPL between major crypto executives sparks again дальше »

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$120 Million Liquidations Hit Crypto Market as Meme Coin Madness Calms Down

Wave of liquidations hits market as investors take profits on their meme asset дальше »

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Global Crypto Firms Thrive Despite China’s Ban

Despite outlawing crypto trading in 2021, China's ban has done little to dampen its citizen's appetite for crypto. The post Global Crypto Firms Thrive Despite China’s Ban appeared first on BeInCrypto. дальше »

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Countdown to Crypto Chaos: Top Analyst Reveals Why July Is Crucial

Mike McGlone explains why crypto is to face big test in July дальше »

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HedgeUp (HDUP) Looks to Revolutionize the Industry Better Than (MANA) and (SAND)

For many altcoins, long-term success in the decentralized finance (DeFi) market is all about utility. Only a token with underlying use will stay relevant in the market for long. Decentraland (MANA) and The Sandbox (SAND) are among the earliest crypto tokens with comprehensive utility. дальше »

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Crypto Firms’ Plans To Leave The US Speak Imminent Doom, Says Tim Draper

The United States is gradually becoming too hot for crypto firms to operate due to unclear and stringent regulatory approaches. For instance, a recent development that sparked an outcry was the proposal to impose a 30% excise tax on crypto-mining facilities. дальше »

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TMS Network (TMSN) Shines in a Turbulent Market, Unaffected by The Fowler Crypto Shadow Case, as Dogecoin (DOGE) And Arbitrum (ARB) Dwi

With each passing day, cryptocurrencies like Dogecoin (DOGE) and Arbitrum (ARB) struggle to find growth. This is due to a number of reasons, but TMS Network (TMSN) has proven to be entirely unaffected. дальше »

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Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member

The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it.   As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it might offer crypto-enabled banking services. дальше »

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Upcoming Ethereum Upgrade To Reduce Fees – Details

The second largest crypto blockchain Ethereum is preparing for a new upgrade that will reduce transaction fees on the network. The upgrade tagged “Dencun” will also introduce more use cases for Ethereum. дальше »

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Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto on-ramp

Web3 companies can utilize the Stripe-hosted fiat-to-crypto on-ramp to allow customers to buy crypto at the “precise moment they need it.” дальше »

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Kazakhstan collected $7M in crypto mining taxes in 2022

Crypto miners paid millions of dollars in energy fees last year following the regulation of mining activities.

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Examining Floki Inu's [FLOKI] latest listing and price movements amidst memecoin frenzy

FLOKI's network activity reached a two-month high. FLOKI was the second-most popular crypto in Binance’s famed list of trending cryptocurrencies. Floki [FLOKI] was one of the top performerThe post Examining Floki Inu's [FLOKI] latest listing and price movements amidst memecoin frenzy appeared first on AMBCrypto. дальше »

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Recent cryptocurrency legislation aims to combat illicit activities and widespread fraudulent practices throughout the United States.

New York’s attorney general, Letitia James, unveiled a comprehensive bill on Friday aimed at putting an end to rampant fraud and dysfunction within the cryptocurrency industry. This move is expected to draw national attention to the multi-billion dollar crypto market, which has so far operated with minimal federal oversight, leading to significant financial losses for […] Сообщение Recent cryptocurrency legislation aims to combat illicit activities and widespread fraudulent practices throughout the United States. появились сначала на Coinstelegram. дальше »

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‘Black Swan’ Author Names Crypto Market's Main Weak Point

Nassim Taleb explains what may easily have major negative impact on crypto market дальше »

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New York introduces crypto bill to tighten rules, Attorney General weighs in

New York's attorney general announced a new bill, aiming to bring tighter rules to combat crypto fraud.  The Crypto Regulation, Protection, Transparency and Oversight Act proposes one of the mThe post New York introduces crypto bill to tighten rules, Attorney General weighs in appeared first on AMBCrypto. дальше »

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Bitcoin Tests $29k Amidst Banking Sector Woes, Crypto Firms Expanding Offshore, And Key Interest Rate Hikes

May 2023 started with yet another tumultuous week for the US Banking sector. On May 1, 2023, the federal government seized First Republic Bank following weeks over which depositors and investors pulled out their money. дальше »

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Bitcoin Critic Warren Buffett Might Surprisingly Lose Chairman Position at Berkshire Hathaway

Warren Buffett, adamant crypto skeptic and author of 'rat poison' meme, is under fire due to his ties with Bill Gates дальше »

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Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside

 Voyager Digital to self-liquidate its assets after failing to reach a deal.  Voyager's customers will receive an initial recovery of 36% of their crypto holdings. According to Voyager DigThe post Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside appeared first on AMBCrypto. дальше »

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Shiba Inu (SHIB), XRP and Cardano (ADA) Now Accepted at All WordPress Stores via This Integration

Shiba Inu (SHIB), XRP, Cardano (ADA) crypto payments arrive on 40% of world's websites via this feature дальше »

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Department of Justice Investigates Binance for Alleged Russian Sanctions Breach

The U.S. Department of Justice (DOJ) is investigating the role Binance plays in the evasion of Russian Sanctions using crypto The post Department of Justice Investigates Binance for Alleged Russian Sanctions Breach appeared first on BeInCrypto. дальше »

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UK FCA cracks down on unregistered crypto ATMs yet again

UK FCA targeted locations suspected of operating unlicensed crypto ATMs. The enforcement action followed similar recent operations in East London and Leeds. The Financial Conduct Authority (The post UK FCA cracks down on unregistered crypto ATMs yet again appeared first on AMBCrypto. дальше »

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New York Attorney General Proposes New Crypto Regulatory Act

New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the space is enduring “rampant fraud and dysfunction”. This new set of crypto regulations would impose independent public audits of crypto exchanges, ensuring that New York residents do not lose their cryptocurrency investments to deceptive business practices. дальше »

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Can Yachtify Overtake Shiba Inu and Stellar?

The crypto market is very volatile and unpredictable changes could take place at any time. As a result, there is intense competition in the market with new projects and tokens challenging existing ones. дальше »

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Kennedy Jr. is against Biden’s crypto tax plan, raises privacy concerns about CBDCs

Robert Kennedy Jr. has spoken out against President Biden's proposed 30% tax on cryptocurrency mining дальше »

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ETH retests $2K: Here’s why Ethereum price is up today

Ethereum (ETH) is trading higher today as the crypto market cap bounces to $1. 27 trillion. ETH price rose to $2,008 while Bitcoin (BTC) price climbed to $29,800 looks to end the week stronger. Gains for cryptocurrencies came as US equities ended the week higher, with regional bank stocks pummeled earlier in the week rebounding. дальше »

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Yachtify (YCHT) to Outperform Ripple (XRP) and MultiversX (EGLD), Despite Recent Bullish Signs

Another crypto bull market here and once again investors are scrambling to find the best asset to buy. In every cryptocurrency bull market, there has been a standout project that makes the gains of other digital assets look small. дальше »

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DigiToads (TOADS) Makes Headlines with Record-Breaking Growth While Tron (TRX) Gets Sued by SEC

DigiToads (TOADS) has been making headlines with its record-breaking growth in cryptocurrency. Over the past few months, the value of TOADS has skyrocketed, leading some to label it the “next big thing” in the world of crypto. дальше »

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Presale Kingpin HedgeUp (HDUP) Attracts Holders Globally. (DOGE) and (ARB) Whales Look to Join the Party

The HedgeUp (HDUP) presale has been knocking it out of the park. Crypto adherents from around the world have been quick to recognize the potential upside of this novel cryptocurrency project. дальше »

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BRC-20 Token Standard A Hotspot For New Memecoins As PEPE Soars

The memecoin ecosystem has once again brought magic to crypto investors as PEPE the frog records massive gains and unbelievable numbers. The now popular PEPE meme token based on Ethereum was originally inspired by the Bitcoin BRC-20 PEPE which launched earlier in March, 2023. дальше »

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Why more traders counting on Avorak AI to provide strong Polygon trade signals

Crypto traders often scour countless market data trying to spot profitable trade opportunities. This task is complex and energy-sapping for humans prone to fatigue, biased decisions, and errors. дальше »

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Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US. дальше »

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Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more

This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace. дальше »

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Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »

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UK’s watchdog cracking down on illegal crypto ATM operators

Using its powers under money laundering regulations, the UK Financial Conduct Authority (FCA) has raided crypto ATMs suspected of being illegally operated across England дальше »

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RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’

The U.S. presidential candidate has added anti-CBDC to his anti-establishment, anti-vaccination repertoire and has gained double-digit support among Democrats. дальше »

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Shiba Inu And DOGE Killer? PEPE Coin Eyes Monstrous Highs Despite Already Gaining 2,000% in a Week

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New York AG proposes ‘nation-leading’ crypto regulation

New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a standard-setting law regulating the cryptocurrency sector дальше »

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Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit

A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham. дальше »

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Whales Move Towards Tradecurve (TCRV) As (DOT) Showcases Worrying Performance

Savvy crypto adherents know the value of getting into the early stages of a project. Historically, projects with high success in the Web3 space have provided solid returns for traders who purchased them during their presale period. дальше »

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10 Best Cryptos to Buy Under $1

Crypto experts agree that it’s probably too late to make massive profits out of Bitcoin (BTC). That is, unless you have a couple hundred thousand dollars lying somewhere. So for most investors, cheap tokens are where the opportunity to make a killing lies. дальше »

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Five Crypto Companies Among the Biggest Financial Frauds in America

The biggest financial fraud cases in America: Unraveling the tumultuous journey of five major crypto companies, delving into their rapid rise and subsequent collapse, highlighting the volatility and risk inherent in the crypto market. дальше »

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DOGERA ($DOGERA) Token Now Available for Trading on Hotbit Exchange

Hotbit Exchange, a global crypto trading platform, officially listed DOGERA ($DOGERA) on May 4th, 2023. The DOGERA/nUSD trading pair is now available for trading for all users of Hotbit Exchange. дальше »

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What is The Sandbox: A Guide to the Growing Crypto Metaverse (Updated 2023)

The Sandbox is an Ethereum-based decentralized NFT gaming metaverse that enables non-tech savvy users to create, sell, use, and monetize their own virtual reality NFTs.   The crypto metaverse uses its native token SAND to underpin the entirety of the in-game economy. дальше »

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KDX (eckoDAO) Token Now Available for Trading on the Hotbit Exchange

Hotbit Exchange, a global crypto trading platform, officially listed KDX (eckoDAO) on May 4th, 2023; the KDX/USDT trading pair is now available for trading for all users of Hotbit Exchange. eckoDAO is a Swiss nonprofit association that provides a range of decentralized finance products built on the Kadena blockchain. The native token KDX was listed […] дальше »

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Lawmakers throw weight behind New York’s CRPTO act

Several New York lawmakers have thrown their weight behind New York’s new Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act. On May 5, New York Attorney General Letitia James revealed a proposed bill that would further extend the scope of regulatory authority over crypto firms. дальше »

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PEPE Market Cap Crosses $1 Billion As Gemini Listing Rumors Spread

Crypto Twitter’s favorite new meme coin Pepecoin (PEPE) has hit another milestone. With an impressive rally over the last 24 hours, the coin crossed the $1 billion market cap mark and has now solidified its position as a top 100 cryptocurrency. дальше »

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NYAG's latest proposal targets crypto firms engaging in fraud and more...

NYAG is reportedly proposing a new law for governing crypto firms The bill also has a special clause for stablecoins and seeks to audit the financial reports of firms through independent auditoThe post NYAG's latest proposal targets crypto firms engaging in fraud and more... appeared first on AMBCrypto. дальше »

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UK financial watchdog announces inspections against sites with suspected illegal crypto ATMs

The FCA’s actions followed similar operations in East London and Leeds, where the regulator said it had issued warnings or cease-and-desist requests to suspected ATM operators. дальше »

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The Need for Clarity in Washington – Not Just on Crypto

The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. дальше »

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