Today at Chaintalk News

May 15, 2021

Coronavirus Impact On Crypto, Korea’s Tax Proposition, and Japan’s Possible Digital Currency

By ChainTalk TV

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Bitcoin Incentivizes Green Energy Infrastructure And Elon Agrees. Here’s Proof

Did you hear about Elon Musk’s concerns about Bitcoin mining, green energy, and the environment? Of course you did. Did it seem suspicious to you that Tesla apparently invested billions of Dollars in BTC before researching this very surface topic? Of course it did. Because it doesn’t make any sense. Well, former NewsBTC and current […]
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Cardano, Filecoin, Dogecoin Price Analysis: 14 May

Cardano could see a minor dip before climbing above the $2-mark. Filecoin broke south from a descending triangle and registered losses of 9% from the bottom trendline. Finally, Dogecoin would present a stronger buy signal above its $0.569-resistance. Cardano [ADA] While the broader market pullback did diminish weekly gains for most alts, Cardano was somewhat […]
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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […]
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Argentina Orders Crypto Exchanges to Give Monthly Reports on Users

As Argentina attempts to halt the devaluation of its national currency, government authorities have crypto users on their radar.
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Bullish on Cardano: Top Crypto Trader to Sell Most of His ETH for ADA

Widely followed cryptocurrency trader Capo has announced he is selling 75% of his Ethereum holdings for Cardano’s ADA, seemingly expecting the cryptocurrency to outperform the market in the near future. Capo’s announcement came days after he revealed he was looking at several cryptocurrencies, including Binance’s BNB, smart contract competitor Solana, ADA, automated market maker Balancer, […]
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Kusama (KSM) price hits new highs as parachain auctions begin to take shape

KSM rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming parachain auctions.
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Analyst Names Top Crypto Assets Beyond Ethereum, Says Bitcoin Remain Bullish Despite Pullback

Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention. Although the market is down amid news that Tesla will stop accepting Bitcoin as payment until the cryptocurrency meets the company’s energy efficiency standards, Van de Poppe […]The post Analyst Names Top Crypto Assets Beyond Ethereum, Says Bitcoin Remain Bullish Despite Pullback appeared first on The Daily Hodl.
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Research shows 46 million Americans would use crypto for retail purchases

BitPay has released a report that shows crypto is gaining traction among United States consumers as a means of making retail payments. The post Research shows 46 million Americans would use crypto for retail purchases appeared first on CryptoSlate.
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Tezos Price Analysis: 14 May

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s market, at press time, was once again facing the tough side of volatility, with its bearishness seeping into the altcoin market too. With a market capitalization of $5.09 billion, Tezos [XTZ] has been […]
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Bitcoin Information Theory: B.I.T.

Entropy, a natural phenomenon, is closely related to money and information energy — Bitcoin as information is a reduction of entropy.
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Crypto industry brass explains harnessing renewable energy could help BTC miners

Bitcoin mining via renewable energy is already prominent, one CEO explains.
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Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over Bitcoin mining. New York-based Bitcoin Miner Aims to Be Carbon Neutral […]
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Roush Fenway Racing First US Sports Team To Launch Fan Token

Blockchain technology is hitting the raceway lately. This week, IndyCar team Ed Carpenter Racing announced their Bitcoin-themed Chevy to race in this year’s Indy 500. Now, NASCAR’s Roush Fenway Racing is putting their foot on the gas with their own fan token. More Fan Tokens Just last week, the UFC elected to partner with Socios.com […]
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Square not investing more in Bitcoin

TL;DR Breakdown Square not ready to buy more BTC Why firm may not be ready for more BTC investment The chief financial officer (CFO) of Square, Amrita Ahuja, has said that the firm has no plans to buy more Bitcoin just yet. She said this in an intrview today with Financial news in response to […]
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XRP Price Analysis: 14 May

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice This year has seen the market’s top cryptocurrencies, not just Bitcoin, carve out for themselves new price trajectories. XRP, the seventh-largest cryptocurrency with a market capitalization of $47.26 billion, has been one of the […]
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The SEC Is Still Scared of a Bitcoin ETF

Many analysts thought that with so much competition stemming from regions like Canada, the United States would give in sometime this year and submit to a bitcoin-based exchange-traded fund (ETF), but now it looks like that will not be the case. A Bitcoin ETF May Not Arrive This Year After All The Securities and Exchange...The post The SEC Is Still Scared of a Bitcoin ETF appeared first on Live Bitcoin News.
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Cryptocurrencies now usable for Nord VPN subscription payment

TL;DR Breakdown • NordVPN includes the top 10 cryptocurrencies in its payments.• The private network offers promotions of up to 65% discount. Cryptocurrencies have become a trend and are increasingly accepted as payment methods globally and now, it is NordVPN’s turn. In India, decentralized currencies are as popular as Battlegrounds Mobile, the multiplayer video game. […]
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Coinbase shares fell according to its first quarterly report

TL;DR Breakdown • Coinbase bets its shares on cryptocurrencies.• PayPal and MasterCard join the crypto market. Coinbase, the largest cryptocurrency exchange in the United States, announces first-quarter earnings. This crypto company closed its operations with the exchange in April after Bitcoin took off in 2020. With this rise of Bitcoin, the shares held by this […]
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PancakeSwap Lottery Hack: $1.8 Million in Question

$1.8M was drained from the PancakeSwap Lottery pool a few weeks ago via an exploit.
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Cryptocurrencies regulation to be improved by SEC

TL;DR Breakdown SEC will try to improve its analysis for the crypto market. Since 2013, the SEC has issued alerts on cryptocurrencies. For the use of cryptocurrencies the SEC filed 75 actions and gave 19 commercial suspensions from July 2013 to December of last year. These blockades by the United States Securities and Exchange Commission […]
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Ripple Claims SEC Misquoted It in Latest Development

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Ruja Ignatova, crypto scammer, believed to own 230,000 Bitcoin

TL;DR Breakdown Crypto scammer may have more in BTC than ever known How Ruja Igntova came about so much BTC Onecoin crypto scam ring leader Ruja Ignatova, behind one of the largest crypto scams the industry has ever seen and still at large, is said to have 230,000 Bitcoin. Ruja Ignatova, also called crypto queen, […]
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NBA Top Shot User Sues Dapper Labs, Claims NFT 'Moments' Are Securities

The case claims Dapper Labs failed to let customers cash out their NBA Top Shot NFTs in good time.
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NFTs, Ethereum 2.0, Crypto Trading: Tax Day Is Monday—Are You Ready?

The IRS has remained fairly consistent with its crypto tax guidance over the years. But the world of cryptocurrency is quickly changing.
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Greenidge Generation announces plan to offset its bitcoin mining emissions

Greenidge joined other crypto companies seeking to reduce their carbon footprint through carbon offsetting — which have mixed results on how actually effective they are. The post Greenidge Generation announces plan to offset its bitcoin mining emissions appeared first on The Block.
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Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services

The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand the company allegedly fulfilled. Darkside Gang […]
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Why there might be more to Tesla’s suspension of Bitcoin payments

The long-fought Bitcoin energy debate resurfaced afresh on late Wednesday after Tesla CEO Elon Musk announced that his company had suspended vehicle purchases using Bitcoin owing to concerns over its energy consumption. As expected, many prominent leaders from the community were quick to quash Musk’s notion, asserting that Bitcoin mining did not pose a threat […]
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Chance of a price crash increases as Cardano (ADA) futures near $1B

ADA price crashed the last time Cardano futures open interest reached $1B, leading traders to question whether it is about to happen again.
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DBS Private Launches Asia's First Bank-Backed Bitcoin Trust Services

DBS Private Bank has launched a bank-backed trust to manage bitcoin for clients, the first such product in Asia.
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Lesson Learned: Teacher Loses Life Savings To Elon Musk Bitcoin Scam

Bitcoin, Ethereum, Dogecoin, and other crypto assets are making headlines all across mainstream finance for making people rich left and right. But as abundant as success stories are these days, there’s also a growing number of horror stories where people end up with misfortune instead. Here’s a sad and painful lesson where a teacher learned […]
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Project Senpai: Bringing Crypto and Anime Together as NFTs

Anime — the Japanese form of animation is a popular form of entertainment across the world. It commands a huge fan following and a dominating market share in the global animation market. The growing popularity has also created a demand for Anime collectibles.  Amid the rising demand, Project Senpai introduces an equally popular asset form […]
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What the heck are tokenized stocks? And are they securities?

Quick TakeTokenized versions of shares in publicly listed companies have become popular products on a few crypto exchanges.How do they work? And why are regulators concerned about them?
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Elon Musk Backing Dogecoin Is A Big Risk For Bitcoin And Other Established Cryptocurrencies

Influencers like Elon Musk with their cult-like following can impact the fundamentals of a cryptocurrency by accelerating their adoption.In this regard, Cryptocurrencies are somewhat like Multi-Level-Marketing schemes where success is determined by how much they can recruit new users.Musk is looking to improve the adoption of Dogecoin by allowing it for purchases and improving the efficiency of transactions over its platform.If he is successful in this hustle, we can see more competition from influencers offering/backing different cryptocurrencies.With a significant potential supply of new cryptocurrencies as an alternative, the store of value argument for Bitcoin and other established cryptocurrencies might not hold.
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Cryptocurrencies gain increased popularity in the Philippines as more people earn NFTs playing video games.

TL;DR Breakdown • More people earning cryptocurrencies with Axie Infinity.• Chief Growth Officer of Axie promises to create a computer game metaverse. When the Covid-19 pandemic hit the Philippines, the citizens of Cabanatuan looked for a cost-effective way to distract themselves. These people north of Manila chose video games to earn money at home. They […]
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Argo, DMG Blockchain Join Group Promoting Bitcoin Mining Decarbonization

Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.
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DEUS Finance: The Next Generation Multi-Asset DeFi Protocol

The growth in the blockchain industry has been remarkable in recent years, with new innovations transforming the global financial system. Cryptocurrencies have made it possible to make cross-border transactions without intermediaries (Banks) and at low transaction fees. Decentralized finance (DeFi) is another innovative concept that has emerged in recent years with massive potential. DeFi allows […]
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Delphi Digital forms $5 million NFT investment ‘syndicate’

The new investment wing will focus on NFTs and NFT infrastructure.
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This firm turned an old power plant into Bitcoin farm—and mined $60 million in a year

Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the United States by repurposing a whole abandoned power plant into a crypto farm. The post This firm turned an old power plant into Bitcoin farm—and mined $60 million in a year appeared first on CryptoSlate.
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Binance Coin, BitTorrent, VeChain Price Analysis: 14 May

Binance Coin flashed bearish conditions on the 1-day timeframe, but the lower timeframes were seeing some bullish resurgence at press time. BitTorrent’s channel between $0.0078 and $0.0051 could remain intact considering low volatility. Finally, VeChain cut its losses at the $0.166-support, but awaited stronger signals for a hike past the $0.203-resistance level. Binance Coin [BNB] […]
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Bill Ackerman Talks Bitcoin and Inflation; Says Both May Last a While

Bill Ackerman is a billionaire investor that knows a thing or two about financial stability and wealth. In a recent interview, he commented that cryptocurrency is a fascinating thing and that it could potentially benefit from some of the poor economic circumstances America is dealing with. Bill Ackerman Likes Bitcoin, Thinks Inflation May Last a...The post Bill Ackerman Talks Bitcoin and Inflation; Says Both May Last a While appeared first on Live Bitcoin News.
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Square not revisiting its Bitcoin allocation, but still interested in the asset

Square appears content with its Bitcoin holdings for now.
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Are Bitcoin Futures A Top "Risk-Free" Trade?

Luis Martim Aureliano is an independent financial crypto analyst, consultant.____With cryptocurrencies surpassing the USD 2trn market capitalization milestone, the upward price momentum has drawn a fair share of cheerleaders and detractors into the conversation surrounding Bitcoin (BTC)’s future. While the debate rages on, the expansion of the Bitcoin monetary ecosystem to
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Cardano price prediction: Cardano consolidates below $1.95, prepares to push higher?

TL;DR Breakdown Cardano moves sideways over the last 24 hours. ADA finds support at $1.80. Closest resistance at the $1.955 mark. Today’s Cardano price prediction is bullish as the market has established a base from which to move higher over the weekend after retesting the $1.80 previous resistance as support.  The overall market trades in […]
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Ransomware Attacks Top $81 Million in Stolen Crypto This Year: Chainalysis

More than $406 million was paid by ransomware victims in all of 2020.
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BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable

Rick Rieder, a chief investment officer for major asset manager BlackRock, recently touted many positive attributes of bitcoin.
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Century-Old Investment Bank Cowen Will Offer Crypto Custody Services

American investment bank Cowen Inc. is planning to offer crypto custody services for hedge funds and asset managers. In a statement published on Thursday, the 103-year-old firm says that it has partnered with financial technology company PolySign to provide crypto services for institutional clients. The partnership will allow the bank to use the solutions provided […]The post Century-Old Investment Bank Cowen Will Offer Crypto Custody Services appeared first on The Daily Hodl.
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Was Bitcoin Crash Orchestrated? This 4 Theories Scream Beware

With so much FUD floating the Bitcoin and crypto market, many have wonder if the recent price action was the result of a “coordinated attack”.  Writer Rob O’Neill believes there are 4 potential main theories that could possibly explain recent events with institutions and “the ultra-rich” as the main catalyzers. O’Neill claims these entities feel […]
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Coinbase will add Dogecoin to its platform

TL;DR Breakdown • Musk to work with Dogecoin to improve transactions.• Motley Fool does not add Dogecoin to the top 10 cryptocurrencies. As if Elon Musk’s talk about DogeCoin on SNL wasn’t enough, Coinbase says it will list the cryptocurrency on its platform this week. This platform has the largest cryptocurrency exchange system in the […]
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Emily Ratajkowski NFT Sells for $175,000 at Christie’s

“Buying Myself Back: A Model for Redistribution” is Ratajowski’s first NFT.
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Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin

One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed by victims of the Onecoin scheme indicate that she received the bitcoins from a member of an Emirati royal family in Dubai. Onecoin’s Cryptoqueen May […]
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