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ECB President Christine Lagarde Says Crypto is "Worth Nothing"

ECB President Christine Lagarde Says Crypto is "Worth Nothing"

Christine Lagarde, the President of the European Central Bank (ECB) has re-emphasized her dislike for the digital currency ecosystem, noting that the nascent asset class is highly speculative, risky, and worth nothing

Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations

Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations

A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

Nucripto Achieves 1M Users in One Month

Nucripto Achieves 1M Users in One Month

Nubank's crypto exchange subsidiary Nucripto reached 1 million users in just one month. It offers services to sell, purchase, and hold custody of cryptocurrencies.

Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin

Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin

The US has charged two Chinese intelligence officers with obstruction of justice for bribing a US government employee with $61,0000 in Bitcoin.

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?

Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar

Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar

As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions.

Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)

Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)

With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.

Israeli Securities Regulator Seeks Crypto Legal Framework

Israeli Securities Regulator Seeks Crypto Legal Framework

ISA proposes digital asset regulation. Over 150 firms operate in Israel, and more investors are exposed to digital assets. Over the years, the authority has formed many committees to control cryptocurrency supply and encourage digital markets. It also requires digital asset issuers to publish a prospectus-like document before issuance or trade. After Israel's top economist urged for a more comprehensive regulatory framework to align trading platforms and crypto issuers.

May 20: Be patient, some breakouts take time

May 20: Be patient, some breakouts take time

BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:

Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection

Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection

ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.

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