# Bitcoin News
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May 13,2021 by Adeniyi Olowoporoku at Bitcoin
German investment firm Iconic Funds is listing a physical Bitcoin ETP on the Deutsche Boerse Xetra exchange. The digital asset exchange product is expected to expose bitcoin to institutional clients. Bitcoin ETP will Expose Institutional Clients to Bitcoin This development was revealed by Iconic Funds today, May 12, in a press...
May 13, 2021 by Wayne Jones at
Bitcoin
Automotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to "mine" the cryptocurrency. Tesla said they are concerned about the increasing use of fuels and non-renewable energy for...
May 12,2021 by Anthonia Isichei at Bitcoin
Money transfer giant MoneyGram would allow users in the United States to buy and sell bitcoin at its retail stores across the country. MoneyGram Enabling Retail Bitcoin Purchase In a press release on Wednesday (May 12, 2021), the company inked a partnership deal with major cryptocurrency cash exchange Coinme to...
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Press Releases
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# Blockchain News
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May 14,2021 by Aisshwarya Tiwari at Blockchain
Brave (BAT) browser now supports blockchain domain name provider Unstoppable Domains. Brave Browser Extends Support for Unstoppable Domains In an announcement made on May 13, privacy-centric web browser Brave (BAT) stated it had collaborated with blockchain domain name provider Unstoppable Domains. The partnership will enable the cryptocurrency-based web browser users...
May 14, 2021 by Wayne Jones at
Blockchain
Since the launch of cryptocurrency, many crypto-based solutions have continuously been introduced to accelerate mainstream adoption. In some countries like China, cryptocurrency is already a cash alternative. Due to the rise in popularity of cryptocurrencies, businesses worldwide are integrating crypto payment methods. However, many merchants are a little bit hesitant...
May 14,2021 by Adeniyi Olowoporoku at Blockchain
Korean-based technology giant Samsung has announced that it has added support for Ledger Wallet on its Samsung Blockchain Wallet. This continues the recent foray of Samsung towards blockchain and cryptocurrency services. Samsung revealed this development in a press release on Wednesday, May 13, 2021. According to the smartphone manufacturer with the recent...
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# Altcoins News
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May 14,2021 by Wayne Jones at Altcoins
The Polkadot network is yet again making a major update after enabling balance transfers just recently. Parachain auctions and crowdloans are now available on Kusama and Westend. The network’s current objective is to offer approximately 100 parachain slots on Polkadot based on theoretical computing constraints. Parachain Auctions and Crowdloans Kusama...
May 14, 2021 by Wayne Jones at
Altcoins
Cardano managed to reach an all-time high despite the significant crash across other cryptocurrencies yesterday. The altcoin has been making headlines for a while now, and it appears that it will surge even higher. ADA is Going Global ADA crashed nearly ninety percent in early 2018, as regulatory crypto crackdowns...
May 13,2021 by Ogwu Osaemezu Emmanuel at Altcoins
FNTX Capital Suisse and 355 Developments have joined forces to make it possible for hodlers of bitcoin (BTC), dogecoin (DOGE), and other cryptocurrencies to pay with crypto when they purchase luxury apartments in Portugal. Dogecoin for Real Estate In another exciting development for hodlers of popular meme crypto dogecoin (DOGE),...
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# Regulation News
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May 13,2021 by Anthonia Isichei at Regulation
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People's Bank of China (PBOC), are looking to expand the testing of China's central bank digital currency (CBDC) for cross-border payments. Hong Kong and China Preparing for More Digital Yuan Trials According to Bloomberg on Thursday (May...
May 13, 2021 by Ogwu Osaemezu Emmanuel at
Regulation
The United States Securities and Exchange Commission (SEC) Division of Investment Management (IM) has urged investors interested in investing in mutual funds with exposure to the Bitcoin futures market, to do so with utmost caution. The division has also made it clear that it still needs to thoroughly evaluate whether...
May 12,2021 by Aisshwarya Tiwari at Regulation
Israel is the latest country to join the increasingly competitive CBDC race. Israel Plans to Launch Digital Shekel According to a report by Ledger Insights on May 12, the Bank of Israel recently released a working paper on a central bank digital currency (CBDC) that is intended as a basis...
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# Price Analysis
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Total crypto market cap erased $268 billion from its value for the period since Monday and now stands at $2.21 trillion. The top ten coins are all in red for the last 24 hours with Dogecoin (DOGE) and Litecoin (LTC) losing 18.5 and 17 percent of their respective values for...
The total crypto market cap added $185 billion to its value for the last seven days and now stands at $2,478 billion. The top 10 coins were all in green for the same time period with Bitcoin Cash (BCH) and Litecoin (LTC) leading the pack with a 53.4 and 46.5 percent...
Total crypto market cap added $8 billion to its value for the period since Monday and now stands at $2.36 trillion. The top ten coins are mostly in green for the last 24 hours with Bitcoin Cash (BCH) and Cardano (ADA) leading the pack with a 25 and 14 percent...
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# Ethereum News
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May 13,2021 by Ogwu Osaemezu Emmanuel at Ethereum
Offchain Labs has announced that its Ethereum Layer 2 scaling solution, Arbitrum now comes with a transaction sequencer. The team says the Arbitrum Sequencer testnet will go live on May 14, while the Arbitrum mainnet will be opened to developers on May 28, 2021. Arbitrum Solving Ethereum’s Scalability Issues As...
May 10, 2021 by Ogwu Osaemezu Emmanuel at
Ethereum
Ethereum scaling startup Metis has announced the completion of a $4M private round. The latest raise means that Metis has banked $5M to date from private investors and still has a public sale of its native token to come on May 13. Blockchain VCs clamored to write checks for Metis,...
May 10,2021 by Ogwu Osaemezu Emmanuel at Ethereum
Ether (ETH) has made it to the psychological $4,100 price region for the first time in its existence. The native digital currency of the Ethereum smart contracts blockchain is now well on its way to becoming more valuable than several Wall Street firms, including JP Morgan Chase. Ethereum Surpasses $4,000...
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# Trading Strategies
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