Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on Monday that it had “finished the process of converting its liquid assets and entire balance sheet into Bitcoin (BTC).” 

The group will also “start accepting Bitcoin payments for all of our services, with . . . → Read More: Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC

On Tuesday, Borsa Italiana — Italy’s stock exchange — listed a “Bitcoin-thematic” exchange-traded fund (ETF) by Melanion Capital, bringing Bitcoin (BTC) exposure to Italian institutions and retirement plans.

Cyril Sabbagh, managing director of Melanion Capital, told Cointelegraph that “The Melanion BTC Equities Universe UCITS ETF is an equity ETF around stocks in . . . → Read More: ‘Bitcoin-thematic’ ETF lists on Italian stock exchange Borsa Italiana

For Daniela Barbosa — general manager of blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger — digital currencies and cryptocurrencies have made it among the big banks at the World Economic Forum in Davos. 

In an interview with Cointelegraph shot against the backdrop of the Swiss Alps, Barbosa . . . → Read More: ‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa

In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.

A 401(k) is a retirement savings plan offered by many U.S. employers that give the saver tax . . . → Read More: Crypto 401(k): Sound financial planning or gambling with the future?

Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks could take BTC as high as $37,000

Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it circled $31,500 on the back of 6% . . . → Read More: BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin

As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media. 

In a Twitter thread, Jake Chervinsky, the head of policy at Blockchain Association, explained that the move will not “reduce carbon emissions” at all. . . . → Read More: New York’s push to ban crypto mining triggers response from community

Saro McKenna, co-founder of nonfungible token (NFT) game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared her perspectives and personal experiences on inclusivity within the blockchain industry in an interview with Cointelegraph. 

Having experienced other male-dominated industries, McKenna believes communities within the blockchain industry are “extremely diverse.” She explained that the . . . → Read More: Remote roles in blockchain offer flexibility for women — Alien Worlds co-founder

Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price traders $300 in the gree

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just $300 . . . → Read More: Bitcoin price needs to close above $29,450 for its first green weekly candle since March

This is a list of some of the biggest places that accept Bitcoin, such as Microsoft and Whole Foods. 

First, we’re going to take a look at businesses that accept Bitcoin. There are some early adopters, but most of them recently started to accept payments using this digital currency. These major companies are . . . → Read More: Who accepts Bitcoin as payment?

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!

This week, our 6 Questions go to Nikki Farb — an active investor and advisor to technology companies who is currently a venture partner . . . → Read More: 6 Questions for Nikki Farb of Headline

Bitcoin (BTC) ATM installations across the globe have seen a steep decline throughout the year 2022, with May recording just 202 new BTC ATMs, a range last seen three ago in 2019.

Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling down 89.75% from December 2021’s 1971 . . . → Read More: Bitcoin ATM installations record low in May, biggest drop since 2019

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week Fed money printer goes into reverse: What does it . . . → Read More: US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar. 

For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it . . . → Read More: 5 reasons why Bitcoin could be a better long-term investment than gold

The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value. 

The cryptocurrency market hasn’t faired any better and data from Cointelegraph Markets Pro and TradingView shows that . . . → Read More: Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for

Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P 500 (NYSE: SPY) up over 6.50%. However, this week’ whipsaws in price action occurred throughout the week and while the J trade session is not yet over, the weekly . . . → Read More: Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

Kristina Cornèr, Cointelegraph’s editor-in-chief, sat down with Miami Mayor Francis Suarez at the recent World Economic Forum held at Davos, Switzerland, to discuss topics like the role the mayor played at the WEF, Bitcoin being a global currency and what the mayor does with his BTC.

According to Suarez, his role at the WEF . . . → Read More: WEF 2022: Miami mayor says that Bitcoin can be a global currency

The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange Touadéra posted a photograph of a statement on his official Twitter account Thursday detailing the next steps in the project. 

The statement, signed by Minister of State . . . → Read More: Central African Republic to tokenize the nation’s natural resources

Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting.

Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded products (ETPs) now have record high BTC under management.

“Happier days” for Bitcoin ETPs as buyers pile in . . . → Read More: Over 200K BTC now stored in Bitcoin ETFs and other institutional products

As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto. 

In an investor alert published Thursday, New York Attorney General Letitia James said that investors are “losing billions” in crypto. James highlighted that even digital assets that are well-known . . . → Read More: New York AG warns against crypto investments amid state push to ban mining

Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term relief

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating.

The mood among stocks was more . . . → Read More: Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash

The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state.

The PoW mining ban bill was first passed by the state assembly in April. It aims to prohibit any new mining operations in the state for the next two . . . → Read More: New York State Senate passes Bitcoin mining moratorium

El Salvador’s Finance Minister Alejandro Zelaya has said the country will further delay launching its anticipated billion-dollar Bitcoin (BTC) bond, citing price volatility and uncertain market conditions resulting from the ongoing Russia-Ukrainian war.

The news comes at the same time that Amnesty International accused the Salvadoran authorities of “flagrant violations of human rights . . . → Read More: Bitcoin bond still on hold, El Salvador accused of human rights violations

Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions.

Winklevoss’ crypto business Gemini Trust reportedly cut 10% of its employees amid the ongoing bear crypto market, the founders wrote in a . . . → Read More: Major crypto firms reportedly cut up to 10% of staff amid bear market

Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter.

Scott Melker is open about his initial intentions in . . . → Read More: Fail better: Scott Melker on defying the odds with crypto trading

The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears that the current bear market is no exception to this trend. 

While wild price swings provide opportunities to make gains — if . . . → Read More: Mental health and crypto: How does volatility effect well-being?

Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as feet remained cold across crypto markets.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Crucial breaker rejecting” on Bitcoin

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $30,182 on Bitstamp after wicking down to near $29,300 . . . → Read More: Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’

As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based mining company and the government of a gas-rich Middle Eastern country sets a horizon for a positive role of crypto in cutting . . . → Read More: US energy company opens crypto mining facility in Middle East to use stranded natural gas

Crypto has inherited many values that were popularized in the early days of the internet. 

Many participants in the crypto space have been anonymous since the beginning of Bitcoin (BTC), since using this digital money offers a certain degree of anonymity so long as nobody knows the public address of the user. The true . . . → Read More: Anonymous culture in crypto may be losing its relevance

The crypto winter has emotions running high. Kraken CEO Jesse Powell came under fire for his defense of listing the new LUNA, also known as LUNA 2.0, which seeks to bring the original LUNA — now known as Luna Classic (LUNC) — and TerraUSD — now known as TerraUSD Classic (USTC) — back from the . . . → Read More: Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’

The spectacle that is the World Economic Forum (WEF) came to a close in Davos, Switzerland on Friday, May 27. Nearly 3,000 people from over 110 countries took planes, trains and helicopters to the highest town in Europe to lobby leaders and push and query the WEF agenda.

And, while the war in Ukraine . . . → Read More: Crypto knocking on the WEF’s door: The view from Davos

Anti-crypto technology experts urged United States lawmakers to resist the influence of pro-crypto lobbying efforts. 

Bruce Schneier, a lecturer at Harvard, reportedly said that blockchain advocates’ claims are “not true.” He added that the technology is not secure and not really decentralized. According to Schneier, systems where you can “lose your life savings” . . . → Read More: Computer scientists and academics pursue efforts to stop crypto lobbying in US

Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims.

In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecasted 2022 as Bitcoin’s year to “capitulate.”

Bitcoin now has “best 3-year ROI ever”

Based on historical patterns involving Bitcoin’s . . . → Read More: Bitcoin may hit $14K in 2022 but buying BTC now ‘as good as it gets:’ Analyst

Bitcoin’s (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some of its wealthiest investors into selling.

Notably, the number of Bitcoin under Coinbase Custody for institutional clients rose by 296% since Q4 2020, showcasing the most investors decided to “hodl” . . . → Read More: Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could bring the country of 14 billion people closer to the international regulatory consensus on digital assets. 

On Monday, May 30, during an . . . → Read More: India cooperates with IMF on crypto consultation paper

The Philippines has started exploring blockchain technology use cases, launching a training program for researchers in the government’s Department of Science and Technology (DOST).

Enrico Paringit, a DOST official, said that the goal of the training is to see how blockchain can play a role in areas like healthcare, financial support and emergency . . . → Read More: Philippines to explore blockchain use cases, launches training program

Bitcoin (BTC) put in fresh gains overnight into May 31 as the monthly close looked set to seal losses of around 15%.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Asks stack up above $33,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating once more after a fresh burst took it to $32,200 on . . . → Read More: Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom

Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin (BTC) friendly, paving the way for crypto accounts. 

In a series of tweets and leaks from a blockchain meetup in Panama’s capital, Panama City, the . . . → Read More: Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services

Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering interest.

At the other end of the table, centralized finance, or CeFi, where all processes are rooted through a central body, has endured a . . . → Read More: CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?

Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView $32,000, $35,000 flagged as lines in the sand

Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency consolidating near $30,600 at the time of writing after hitting highs of $30,900 on . . . → Read More: Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3%

The government of Kazakhstan, one of the world’s largest countries by Bitcoin (BTC) mining hash rate distribution, has reported budget earnings derived from cryptocurrency mining.

On Monday, Kazakhstan’s State Revenue Committee of the Ministry of Finance released a report on the amount of total energy fees paid by local crypto miners in the . . . → Read More: Here’s how much Kazakh gov’t made off crypto mining in Q1 2022

These can be anxious times for holders of cryptocurrencies, especially those who entered the market in late 2021 when prices were cresting. Bitcoin (BTC), Ether (ETH) and especially altcoins now appear to be undergoing a major reset, down 50% or more from November highs.

Some worry that a whole generation of crypto adopters . . . → Read More: Crypto’s youngest investors hold firm against headwinds — and headlines

Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate.

The energy consumption share of the crypto mining industry has exceeded the country’s agricultural sector, showing signs of recovery after Russia fell out of the top three in the global Bitcoin (BTC) mining hash rate . . . → Read More: Gov’t says crypto miners consume 2% of total electricity in Russia

Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Stocks correlation offers no comfort to BTC bulls

Data from Cointelegraph Markets Pro and TradingView flagged the largest cryptocurrency heading for nine weeks of downtrend in a row . . . → Read More: Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!

This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized . . . → Read More: 6 Questions for Andrew Levine of Koinos Group

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week Andreessen Horowitz closes $4.5 billion crypto fund amid market . . . → Read More: JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28

This week the stock markets began to flash a little green, and Bitcoin (BTC) is decoupling from traditional markets — but not in a good way. The cryptocurrency is down 3%, while the Nasdaq Composite tech-heavy stock market index is up 3.1%.

May 27 data from the United States Commerce Department shows that the . . . → Read More: Bitcoin price action decouples from stock markets, but not in a good way

Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “Not the decoupling we wanted”

Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency sticking in a narrow short-term range into the weekend.

Previously forecast support . . . → Read More: Bitcoin price stuck below $29K as Terra LUNA comes back from the dead

The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted traditional markets just as hard. The recent bust removed some speculation from the market. But the shakeup is different than in the past. There are still many more . . . → Read More: Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?

The Bitcoin network witnessed a historic event on May 12 when the network difficulty attained its all-time high of 31.251 trillion as miners mined nearly 50,000 BTC of the remaining 2 million tokens.

While the Bitcoin community rejoiced the added resilience to the network owing to the rising difficulty in mining a Bitcoin . . . → Read More: Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months

The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern insurance industry and the industrial revolution arose in parallel. Indeed, it has been convincingly argued that the invention of fire and property insurance — in response to the Great Fire of London . . . → Read More: The increasingly acute need for crypto-native insurance

Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines.

The . . . → Read More: 3 metrics contrarian crypto investors use to know when to buy Bitcoin

Every Bitcoin investor is searching for signals that the market is approaching a bottom, but the price action of this week suggests that we’re just not there yet. 

Evidence of this can be found by looking at the monthly return for Bitcoin (BTC), which was hit with a rapid decline that “translated to one . . . → Read More: On-chain data flashes Bitcoin buy signals, but the bottom could be under $20K

The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in general.

UST’s success and stability were intertwined with its sibling, LUNA, which creates arbitrage . . . → Read More: How Terra’s collapse will impact future stablecoin regulations

Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader demands higher low above $28,000

Data from Cointelegraph Markets Pro and TradingView confirmed volatility once again waning in a frustrating week’s price action.

. . . → Read More: Bitcoin price approaches key support levels to avoid ‘cascade south’

While Meta has not yet launched its metaverse project, Bitcoin SV (BSV) association president Jimmy Nguyen thinks that it would be better for the firm to store user data on a public blockchain. 

In a Cointelegraph interview, Nguyen shared that a global and interoperable metaverse ecosystem would mean that individual data will be . . . → Read More: BSV president urges Meta to store data for its metaverse on a public blockchain

Bitcoin (BTC) could still see a major price capitulation, but more whales need to start selling first, data suggests.

In one of its daily QuickTake market updates on May 27, on-chain analytics platform CryptoQuant highlighted increasingly bearish whale behavior.

Small whale selling should spark “absolute capitulation”

Amid widespread consensus that BTC/USD should put in . . . → Read More: Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of the dollar in terms of value and stability, and that if you want to convert your stablecoin to dollars, you can do so easily . . . → Read More: Powers On… When will we learn from recent history to protect our crypto and ourselves?

ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States.

ARK Invest submitted on May 13 yet another application for its physical Bitcoin ETF, the ARK 21Shares Bitcoin ETF, according to a filing with the . . . → Read More: Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

The crypto community has fired back at European Central Bank (ECB) President Christine Lagarde for her recent anti-crypto remarks, with people expressing disappointment and even criticizing the euro.

As crypto markets show signs of stagnation, Lagarde reminded the world of her stance on cryptocurrencies. According to her, cryptocurrencies are “worth nothing” because the . . . → Read More: ECB president’s anti-crypto comments trigger community responses

The Portuguese congress, Assembleia da Republica, has rejected two bills that would have imposed a tax on cryptocurrencies.

Portugal has long been regarded as a cryptocurrency tax haven, and the trading of cryptocurrencies has been tax-free since 2018. In addition, trading digital assets is not considered investment income in Portugal. This has attracted . . . → Read More: Portugal’s Assembleia da Republica says no to two crypto tax bills

The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.

In the summer . . . → Read More: Crypto is changing how humanitarian agencies deliver aid and services

The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago.

For instance, the price of a GPU from . . . → Read More: GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

The crypto market is in a downward spiral, with Bitcoin (BTC) plunging over 50% below its peak price. . . . → Read More: As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too

Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.

The selloff appears in the wake of the Federal Reserve’s hawkish policy and the uncertainties in the crypto market led by Terra, an algorithmic stablecoin . . . → Read More: Bitcoin price bottom signals flash as ‘fear and greed’ index matches March 2020 lows

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).

WEF 2022, the first in-person World Economic Forum event since the start of the COVID-19 pandemic, continues to bridge traditional finance with the future . . . → Read More: WEF 2022, May 25: Latest updates from the Cointelegraph Davos team

Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it revisited its lowest levels of the past seven days.

At the time of writing, . . . → Read More: Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive

In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold move that looks especially intriguing in contrast to the recent shock, caused by TerraUSD’s (UST) . . . → Read More: Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.

That was according to new analysis released on May 24, which studied Bitcoin’s interaction with its 200-week moving average (WMA).

Bitcoin floor target could be between $15,500 and $19,000

In a Twitter . . . → Read More: Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset.

Suarez’s comments came during his discussion on “The Future of Crypto” on the third day of the ongoing World Economic Forum (WEF) 2022 at Davos. He said:

“We live in a world . . . → Read More: WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor

On the second day of the Global Blockchain Business Council’s (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the current direction of the financial industry. 

Panelists included co-founder and CEO of Soramitsu Makoto Takemiya; Treasury executive at Oesterreichische Nationalbank Johannes Duong; and chief operating officer (COO) . . . → Read More: WEF 2022: Blockchain community breaks stereotypes at Davos

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.

An estimated 4 million Bitcoin (BTC) has been lost over time and now . . . → Read More: Crypto inheritance: Are HODLers doomed to rely on centralized options?

Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin to range before “real breakout?”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering in a tight trading range in place since before the weekend.

. . . → Read More: Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

In the space of a few short years, former high-school dropout cashier from Sweden Carl “The Moon” Runefelt has been transformed into a top crypto influencer who shares videos of his life of private jets, supercars and million-dollar watches that inspire his followers and annoy his critics. 

Drawing from quantum physics, he has an . . . → Read More: The Moon ‘created’ his lavish reality… and says you can, too

Global payment giant PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its services, according to a senior executive at the firm.

PayPal is working hard on supporting all possible digital services, including digital currencies and central bank digital currencies (CBDC), vice president Richard Nash said in an . . . → Read More: WEF 2022: PayPal looks to embrace all possible crypto and blockchain services

Cointelegraph editor-in-chief Kristina Cornèr interviewed Brooks Entwistle, Ripple’s senior vice president for global customer success, at the World Economic Forum at Davos, Switzerland, discussing his time at Ripple, the current “crypto winter” and what market participants should focus on. 

Having worked for prominent firms such as Goldman Sachs and Uber, Entwistle shared that . . . → Read More: WEF 2022: Ripple SVP says crypto winter provides an opportunity to build

Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021.

The massive drop has left investors in a predicament about whether they should buy BTC when it is cheaper, around $30,000, or wait for another market selloff.

The more you . . . → Read More: Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?

Twelve years ago today, on May 22, 2010, programmer and early Bitcoin (BTC) miner Laszlo Hanyecz made history when he traded 10,000 BTC for two large pizzas. It was the first real-world cryptocurrency transaction, and media attention from the act legitimized Bitcoin in a big way.

Inspired by that delicious turning point in decentralized . . . → Read More: Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!

This week, our 6 Questions go to Sonali Giovino, head of communications at Defiyield, a cross-chain asset management protocol that empowers users to be . . . → Read More: 6 Questions for Sonali Giovino of Defiyield

Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Waiting for Bitcoin to “make a decision”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held a narrow range after the Wall Street . . . → Read More: Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia:

What do a family holiday to Japan, a 50 Cent album, a steak dinner, and a framed cat photo all have in common? 

They were all paid for with Bitcoin (BTC) . . . → Read More: Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

Bitcoin (BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price reflects drab stocks performance

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at dipping below $28,700 into the weekend, subsequently adding around $500.

Down 4.7% from . . . → Read More: Bitcoin ends week ‘on the edge’ as S&P 500 officially enters bear market

The common narrative around the prevailing threats to mainstream adoption of cryptocurrencies is that regulators will put the kibosh on their legality, it has to get much easier for “ordinary” people to use, and the magnitude of its volatility has to be tempered.

All of these are true. But there’s something perhaps just as . . . → Read More: Needed: A massive education project to fight hacks and scams

Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and six months of home detention to founder and ex-CEO Arthur Hayes.

Arthur Hayes, along with the other BitMEX co-founders — Benjamin Delo . . . → Read More: Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true.

May 20 has seen a pan selloff across all asset classes, leaving traders with few options to escape the carnage . . . → Read More: 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401(k) retirement plans. The bill is the companion to Alabama Sen. Tommy Tuberville’s . . . → Read More: Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House

Celebrate the 12th Bitcoin Pizza Day together with Cointelegraph. 

Many crypto bull runs ago, Laszlo Hanyecz, programmer and early Bitcoin (BTC) miner, made history on May 22, 2010, when he traded 10,000 BTC for two large pizzas. It was the first real-world cryptocurrency transaction and legitimized Bitcoin in a major way.

Check . . . → Read More: Bitcoin Pizza Day merch delivers lightning-fast style