Up 131% In One Week DOGE Could Bring Doom To Crypto Rally

After an impressive overnight rally, Dogecoin (DOGE) crossed the $0.50 and smashed every resistance towards new all-time highs. The so-called meme cryptocurrency has surpassed the market cap of giant corporations in traditional finance, some have begun to question the existence of “the people’s coin”. Trader MeanHash, a Dogecoin holder, believes the cryptocurrency has the potential to ruin the crypto industry. This idea has divided the crypto space into two sides, those that defend what Dogecoin represents and the others, that most view it as a speculative asset and have called…

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Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury

Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of 2021. It stated in the report: “As part of our treasury strategy this quarter we purchased $7.8 million in Bitcoin, a digital asset that we are disclosing within our indefinite-lived intangible assets”. The purchase makes the Argentinean company the first large Latin American company to acquire Bitcoin for its treasury and sees it join an exclusive club of companies…

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens – Fintech Bitcoin News

Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank is not only expanding its offering but entering into the decentralized finance (defi) world, the fintech noted in an official announcement published this week. The financial company believes it’s now supporting “the tokens of the…

NEW DOGECOIN UPDATE – DOGECOIN ANALYSIS – THIS CRYPTOCURRENCY WILL 10X

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DOGECOIN UPDATE – DOGECOIN ANALYSIS – THIS CRYPTOCURRENCY WILL 10X I give my latest dogecoin update along with my dogecoin technical analysis. This cryptocurrency will 10x if dogecoin is put on the literal moon or picked up by coinbase. Elon Musk, Mark Cuban, and Snoop Dogg are all bullish on the cryptocurrency dogecoin. GET ACCESS TO THE DISCORD – Sign Up To Webull For 2 Free Stocks Once Deposited $100 (2 free stocks worth up to $1850!) – Get access to Crypto…

Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry

Bitcoin (BTC) entirely recovered from its recent drop that saw the price fall to the $53,000 support level. This move back to $57,500 relieved bulls from the negative pressure of the May 7, 3,500 BTC options contract, which represents $200 million in open interest along with a $1.1 billion options expiry. Today’s swift recovery could have been partially driven by the news that New Digital Investment Group (NYDIG) partnered with Fidelity National Information Services (FIS) to create a framework for U.S. banks to offer crypto trading services. Patrick Sells, the…

Grifter season in DeFi-land, and Uniswap v3 is here! Finance Redefined 4/28-5/05

Lots of cons, no artistry It’s grifter season: scams and opportunists run amok, and it’s harder than ever to tell who to trust. Case and point: over the weekend, an influencer by the pseudonym “Crypto Spider” was found to have pumped-and-dumped a meme coin, $SELON — while publicly claiming that he had joined his followers in taking a loss. step 1: @linkpadvc make a Doge fork called Shibe-Elon step 2: give themselves a ton of it step 3: burn 1 of their top address to induce FOMO step 4: rug…

Goldman Sachs leads $15M investment round for Coin Metrics

Blockchain analytics firm Coin Metrics has raised $15 million in a funding found led by financial giant Goldman Sachs. In an announcement today, Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency and others had contributed $15 million to the analytics firm to “accelerate the company’s global expansion” as well as reach more places in the crypto market. Coin Metrics co-founder Nic Carter called the funding a “huge validation” for the firm as a provider of crypto data for institutions. “Data…

NY Lawmaker Proposes 3-Year Moratorium on Mining Operations in the State – Mining Bitcoin News

U.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners in New York would have to halt operations. Senator Kevin Parker (D) believes bitcoin mining has a negative environmental impact and businesses would have to pass state greenhouse gas emission targets in order to continue. New York Lawmaker Proposes a 3-Year Halt on Crypto Mining Operations…

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