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Cryptocurrencies

CFTC Chairman Confirms Bitcoin, Ether Are Commodities

The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.”

YESTERDAY

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TA: Why Bitcoin Price Could Explode Above $30.6K In Near-term

Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC could rally if there is a clear move above the $30,600 resistance zone.

YESTERDAY

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Cryptocurrency Is ‘Worthless,’ European Central Bank President Says

Christine Lagarde, president of the European Central Bank, has warned that cryptocurrencies are worthless and should be regulated.

22 MAY 2022

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Crypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More

The market is still reeling from the dramatic plunge of the UST stablecoin and the Terra ecosystem. In the meantime, different industry leaders have been chiming in with their take on the Bitcoin question after the premier crypto suffered significantly in the crash. Let’s find out more.

22 MAY 2022

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Report: Finder’s Panel sees the end of Shiba Inu by 2030

Finders.com conducted a survey asking 36 fintech experts about Shiba Inu and found that 73% of the panelists believe now is the best time to sell the meme coin.

20 MAY 2022

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Commonwealth Bank puts crypto trading trial on ice as regulators dither

Commonwealth Bank of Australia CEO Matt Comyn insists his bank will move forward with the second pilot of crypto services on its app once regulatory uncertainty is cleared up.

20 MAY 2022

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Trademark Applications Suggest Meta May Launch Crypto Platform

Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed 'Meta Pay'.

19 MAY 2022

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Institutional Investors Are Now Dominating Bitcoin (BTC) Market, According to CryptoQuant CEO

The CEO of an on-chain insights platform says institutional investors are dominating Bitcoin (BTC) trading.

19 MAY 2022

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Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme

Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million.

18 MAY 2022

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French central banker says the G7 plans to discuss crypto regulations

Francois Villeroy de Galhau, the Head of the French Central Bank, claims the upcoming G7 meeting in Germany will see member states discuss crypto regulation, among other issues.

18 MAY 2022

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Latest Market Crash Could Be Turning Point for Bitcoin and Crypto, According to Michael Saylor – Here’s Why

MicroStrategy CEO Michael Saylor is weighing in on the future of crypto a week after one stablecoin collapsed and sent ripples through the industry.

17 MAY 2022

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Coinbase Plays Web3 Card, BitMEX Launches Spot Trading in Race for New Customers and Revenues

Major crypto exchanges Coinbase and BitMEX are deploying new features to lure more customers, benefiting from users’ rising interest in direct and mobile Web3 access, and spot markets, among others.

17 MAY 2022

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US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme

Officials from the U.S., U.K., Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads, including one case that could be a $1 billion Ponzi scheme.

15 MAY 2022

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Binance CEO Breaks Silence, Says Terra (LUNA) Should Have Handled the Collapse Differently

Binance CEO Changpeng Zhao says he’s unhappy with the way Terra handled the collapse of its native crypto asset LUNA and its stablecoin TerraUSD (UST).

15 MAY 2022

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South Korea Plans Crypto Legislation By 2024, Leaked Report

In a move that will see South Korea become even more crypto-friendly, President Yoon has announced his intention to establish a new regulatory framework for the crypto industry by 2024. With this new legislation in place and increasing demand for cryptocurrency services across all areas of commerce, it seems likely they can pull off another major victory.

14 MAY 2022

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Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold

Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.”

14 MAY 2022

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Veteran Analyst Who Called 2018 Bitcoin (BTC) Meltdown Analyzes Path Ahead After ‘Puke-Out Capitulation’

Veteran trader Peter Brandt says that Bitcoin (BTC) could be on the verge of ending the downward trend that started nearly a year ago.

13 MAY 2022

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Will Terra LUNA Go Extinct After Being Delisted By Binance, Bybit And eToro?

Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship than LUNA, the governance token underlying the Terra ecosystem.

13 MAY 2022

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Trader Who Accurately Called Bitcoin Collapse Below $30,000 Unveils Target Price for BTC Amid Crypto Free Fall

A crypto strategist and trader who has long predicted a massive Bitcoin crash below $30,000 is revealing how low he believes BTC will go.

12 MAY 2022

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TA: Ethereum Dives 15%, Why Close Below $2K Is The Key

Ethereum gained bearish momentum below $2,000 against the US Dollar. ETH even traded below $2,000 and remains at a risk of more losses.

12 MAY 2022

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