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“#Tennessee Congressman Mark Green reaps windfall on Dogecoin” A Tennessee congressman jumped into the Dogecoin craze — and reaped a windfall on the risky, canine-themed cryptocurrency, government documents show. In early April, US Rep. Mark Green (R-Tenn.) made two purchases of Dogecoin that were each worth between $1,000 and $15,000 at the time, according to…
“# New OCC head requests review of cryptocurrency rules ” The United States’ banking regulator, the Office of the Comptroller of the Currency, is set to review cryptocurrency-related rulemaking following Brian Brooks’ departure. Michael Hsu, the newly-appointed Acting Comptroller of the Currency, has requested a staff review of former OCC rulemaking regarding the crypto industry…
“# Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump ” Bitcoin (BTC) is down almost 30% in the last seven days and this dip has triggered an almost commensurate plunge in the percentage of wallets in profit. Data from crypto data provider Glassnode shows that Bitcoin price drawdown has…
“# BlockFi mistakenly credits users with too much Bitcoin in promo payout ” Crypto promotional schemes are old hat in the industry, with many businesses trying to secure customer loyalty through a range of perks and mini handouts. For BlockFi, however, its latest promotional offer has gone topsy turvy, after the platform mistakenly paid out…
“# Stocks, China and the dollar: 3 reasons why Bitcoin price is tanking below $40K ” Bitcoin (BTC) has hit its lowest price since Feb. 8 and is struggling to maintain $40,000 — but is Elon Musk wholly to blame? Cointelegraph takes a look at other factors working against Bitcoin bulls this week as the…
“# Bitcoin $5K ‘kimchi premium’ returns while gold prices surge in Korea ” Bitcoin (BTC) was trading at $5,000 higher in South Korea than in other markets on Wednesday as capital flow controls continue to enforce the “kimchi premium.” While Bitcoin was trading at $39,932 on Coinbase at the time of publication, the price on…
“# New bill would require candidates in Russian elections to declare crypto ” Russia’s State Duma has approved a new draft bill in its first reading that would require election candidates to disclose their crypto holdings, expenditures and purchases. The draft bill also asks election candidates to indicate a source of income for cryptocurrency purchases…
“# Bitcoin price dip below $40K costs Tesla nearly 100% of its BTC profits ” Bitcoin (BTC) fell below $40,000 on May 19 as bearish sentiment continued to dictate price direction resulting in the cryptocurrency market losing $350 billion in value. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Analysts calm as BTC/USD hits 15-week lows…
“# $350B lost in crypto bloodbath as Bitcoin and Co sink 15–30% ” The global cryptocurrency market cap lost in excess of $350 billion overnight leading into Wednesday, May 19, as Bitcoin (BTC), Ether (ETH) and a majority of the altcoin market lost between 15–30%. Tuesday night’s plunge leaves the global market cap more than…
“# More than half of Australians think Elon Musk invented Bitcoin: Survey ” Australians’ knowledge of cryptocurrency could use some improvement, as more than half of them think that Elon Musk created Bitcoin (BTC), according to a new survey. Finder, Australia’s most visited comparison website, conducted a survey of 1,004 Australians to find out more…