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Latest News Stories

Cryptocurrency

BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities

The world's largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF) The fund, trading on the NYSE Arca, gives investors exposure to companies involved in the development, innovation, and utilization of blockchain and crypto technologies. Blackrock noted that its blockchain ETF does not invest directly in cryptocurrencies.See the Story
Oceania

Scientists claim to have designed a fully decentralized stablecoin pegged to electricity By Cointelegraph

100% Center coverage: 3 sources
Scientists claim to have designed a fully decentralized stablecoin pegged to electricitySee the Story
Finance

Huobi Global launches $1B investment arm focused on DeFi and Web3

100% Center coverage: 1 sources
Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects. Ivy Blocks has over $1 billion in crypto assets under management to deploy. The firm's focus on DeFi comes at a time when the sector's overall value has declined by more than half from its peak.See the Story
Blockchain · Luna

Exchanges show initial support to Terra revival by listing new LUNA token

100% Center coverage: 1 sources
The HitBTC exchange took to Twitter on Wednesday to announce that Terra's new chain token Luna will be available on its platform on May 27. The news comes amid Terraform Labs preparing to relaunch its protocol. The old chain referred to as Terra Classic will be replaced with the new chain called just Terra, or Terra 2.0.See the Story
Bitcoin · Davos

WEF 2022: Miami mayor says that Bitcoin can be a global currency

100% Center coverage: 1 sources
Miami mayor Francis Suarez spoke to Cointelegraph's editor-in-chief Kristina Corn�r at the World Economic Forum in Davos, Switzerland. Suarez said he played an "evangelist role" at the WEF to teach people about Bitcoin. He believes that Bitcoin presents opportunities to democratize and even disrupt socialist regimes. The mayor said he mostly hodls his Bitcoin.See the Story
Central Bank

Hong Kong watchdog warns stablecoins could undermine HKD in CBDC paper

The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar. The authority also highlighted risks that such stable coins could undermine payment integrity due to operational or financial failures. The HKMA first announced its plans to study a retail-focused central bank issued digital currency in June 2021.See the Story
Metaverse

Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH

Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin and Ether. The firm, valued at roughly $2.1 billion, may be looking at crypto as a way to attract some attention. DAMAC reportedly posted net revenues of $816 million in 2021, but overall saw a net loss of $144.6 million.See the Story
Bitcoin

Bitcoin bears have plenty of reasons to hold BTC price below $32,000

100% Center coverage: 2 sources
Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement. The cryptocurrency has failed to break the $32,000 resistance on multiple occasions. Choppy trading partially reflects the uncertainty of the stock market as the S&P 500 index ranged from 3,900 to 4,180 in the same period.See the Story
Ethereum

Ethereum ‘double Doji’ pattern hints at a 50% ETH price rally by September

100% Center coverage: 1 sources
Ether looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called "double doji" pattern. Ether's technicals favor a decisive rebound move, beginning with its 200-week exponential moving average (200-day EMA; the blue wave in the chart above) near $1,625.See the Story

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