Crypto news

Residents of the United States now have the option of paying bills, utilities, mortgage payments, and even taxes with cryptocurrency. This ability is made possible through Bitrefill, a Swedish tech startup that got its start offering services in El Salvador, which was the first country to declare bitcoin legal tender (this occurred last September). Bitrefill Will Allow U.S. Citizens to Pay with Crypto At the time of writing, Bitrefill allows Americans to pay their bills...

Raoul Pal – CEO of Global Macro Investor – is predicting a “nasty recession” and “liquidation writ large” within the next few weeks, as the Federal Reserve continues tightening monetary policy. He believes the current panic within the crypto markets is similar to that seen during the bear market of June 2021, and the flash crash of March 2020. The Effect of the Fed In a Twitter thread on Thursday, Pal argued that global markets across the board are in for a bruising – not...

Terra’s entire ecosystem has been at the forefront of everything crypto in the past few days. Its stablecoin – UST – lost its peg. LUNA – the other cryptocurrency of the ecosystem – lost 99.9% of its value in days and keeps crashing. Do Kwon – the CEO of Terra – has been in the center of many discussions in the cryptocurrency industry as of late, and in a recent interview, he said that “there’s entertainment in watching companies die.” Ironic. The UST-LUNA Debacle A couple of...

After a successful first phase of IEO, the world’s biggest art token – ARTRINO, is now holding the second phase of IEO on two exchanges, IndoEx and Coinsbit. The IEO on IndoEX starts on May 9 and will end on May 14, and the listing has been scheduled for May 15, 2022, with ArtRino offering a 50% bonus. On the other hand, the IEO on CoinsBit will be a tad longer and extend from May 10 to May 19, with the listing date set for May 20. ArtRino is all about art and ensuring...

The policymaker has continued to stake a claim for the crypto asset industry for his agency tasked with regulating securities in the United States. According to Gensler, cryptocurrencies should be regulated the same way as securities. In a speech on reducing risk and increasing transparency of derivatives at the International Swaps and Derivatives Association Annual Meeting on May 11, he said: “Most crypto tokens involve a group of entrepreneurs raising money from the public...

Anade Davis may have started out as a struggling Uber driver, but he has since entered the blockchain space and turned himself into a very rich, very successful young man. Anade Davis Is Creating Crypto “Banqs” for Everyone Davis is the inventor of what are known as “decentralized banqs.” He has managed to raise more than $200,000 for his crypto project on Wefunder.com. These “banqs” as they’re called are individualized platforms that allow both people and businesses to...

Terra validators have reportedly decided to freeze Terra’s blockchain due to LUNA’s collapsing market price. The team argues that at such low costs, a whale buyer could easily commit a governance attack on the network. The chain was officially frozen at block 7,603,700, making native transactions on Terra’s blockchain impossible. Terra (LUNA), which has seen a price collapse of over 99% within the past week, also serves as the protocol’s governance token. Governance tokens...

Bitcoin plunged to a 16-month low, while the altcoins suffered even more in the past week or so. Despite bouncing off and reclaiming some ground, the situation is still dire, and Cardano’s Charles Hoskinson provided his outtake on it. Charles Hoskinson’s Views Cardano Founder Charles Hoskinson noted that the market is deep in a new crypto winter, and it will take weeks or even months for a bottom to appear, following which there will be some respite. According to him, the...

Axie Infinity Shards (AXS) appear to be one of the only cryptocurrencies to trade up slightly in the past 24 hours, despite the current bear market. Buyers appear optimistic over the blockchain game’s Origin Android APK launch, announced over Discord on Thursday. According to the announcement, the update will include UI improvements, and a “full HD graphic” option in the game’s settings. It will also make the game run at a faster pace by having all status and rune effects...

Der Support bröckelte in den vergangenen Tagen weiter, so dass Bitcoin erst unterhalb von 30K wieder stabil wurde – der Markt reagierte mit Panik. Doch es gibt auch gute Nachrichten, die man erkennt, wenn man sich die langfristigen Daten des BTC-Preises ansieht. Bitcoin News: Bitcoin Crash sorgt für Panik im MarktAktuell ist der Bitcoin nur noch 28.400 US-Dollar wert. Ein neues Jahrestief vom Wochenanfang wurde damit nochmals unterboten. Doch die allgemeine Panik des Marktes lässt sich mit...