May 21, 2021

Bitcoin Crashing to $30K, Elon Musk Talking Dogecoin, and China FUD: The Weekly Recap

This week was particularly turbulent in the cryptocurrency market. Bitcoin’s price crashed to $30K following comments made by Elon Musk, who keeps teasing Dogecoin HODLers. Meanwhile, we also saw old China FUD recycled yet again. Starting off with bitcoin’s price performance, the week was rather unfortunate for bulls. BTC is down about 25% in the...
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Solar Plus Battery Bitcoin Mining Model Bought Elon Musk & Many Into Debate

In a recent twitter spat many popular crypto figures came under one roof which led to a series of talks. It all started when Tesla CEO, Elon musk, announced withdrawal of BTC payment mode for Tesla car purchase. He raised concerns over BTC mining being not environmentally friendly. However, many criticized him as bitcoin price...
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Bullish on Ether (ETH) not Bitcoin, UK Parliament Member Mentions the Flippening

Tom Tugendhat, a member of Parliament of the United Kingdom, urged the nation towards implementing more innovations in its financial sphere. Interestingly, he also outlined the growth of the cryptocurrency sector and hinted he was more bullish on ether rather than bitcoin. UK Member of Parliament Bullish on ETH Tugendhat is a British Conservative Party...
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The Best Place to Sell Gift Cards for Cryptocurrency in 2021 – Buysellvouchers Marketplace

Is it possible to sell gift cards for cryptocurrency? Absolutely, this is a great way for you to acquire gift cards and purchase any crypto you want. Not only does it make the experience more exciting and engaging, but you get to enjoy some of the top products that you can find on the market....
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Poloniex LaunchBase Relaunches With APENFT’s Native Token NFT

[PRESS RELEASE – SAN FRANCISCO, CA, 21st May 2021] Poloniex LaunchBase, the exclusive token launch platform of Poloniex which helps transformative blockchain startups raise funding to develop their products and drive user adoption, has announced the relaunch of their platform. $NFT, the native token of the innovative new project APENFT, has been selected to be...
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Leading Full Aggregation Protocol OpenOcean Launches Multi-Language Support

[PRESS RELEASE – Road Town, BYI, 21st May 2021] OpenOcean, the world’s first DeFi & CeFi full aggregator, is expanding its coverage of global markets by providing support for some of the largest languages by the number of speakers and crypto users. OpenOcean users speaking Chinese, Japanese, Spanish, and Russian will be able to enjoy...
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Celebrating the Perpetual Swap’s Birthday with our Largest Ever Trading Giveaway

As the perpetual swap turns five, we’re introducing five exciting reward programs for our new and existing users. Over the next 10 days, we’re giving away more than a quarter of a million US dollars to celebrate the fifth anniversary of BitMEX’s invention of the Perpetual Swap.  Details below, but here’s the TL;DR version –...
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BitMEX Commits to Carbon Neutrality

There has been huge scrutiny on cryptocurrencies and energy consumption recently – with wildly divergent views and accuracy of information. We don’t pretend to have the answers but we know that it’s our responsibility to take some positive action. Credit to SBF for doing the maths on this, and we have no shame in copy...
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Crypto is a Long-Running Ponzi Scheme, Says Nobel Prize Winner Paul Krugman

Prominent American economist Paul Krugman once again shared his negative stance towards cryptocurrencies. He compared a Ponzi scheme. Taking Aim at Crypto The most recent adverse price developments in the cryptocurrency market sparked many negative comments. Joining them was the Nobel Prize laureate – Paul Krugman. In an interview for the New York Times, he described...
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Vitalik Buterin: Crypto is a Bubble But Isn’t a Toy

Buterin, who has had a sizeable chunk of his personal wealth wiped out over the past week, told CNN that he is not concerned about the market crash stating that we have had several of them before. He likened the current situation to a bubble stating that knowing when they will pop is “notoriously hard...
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Bitcoin (BTC) $ 97,945.24 3.81%
Ethereum (ETH) $ 3,356.90 9.11%
Tether (USDT) $ 1.00 0.14%
Solana (SOL) $ 257.66 10.36%
BNB (BNB) $ 620.53 2.08%
XRP (XRP) $ 1.14 4.72%
Dogecoin (DOGE) $ 0.385974 2.79%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,353.42 9.12%
Cardano (ADA) $ 0.79853 1.67%