Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K

Deja-vu for BTC versus market sentiment as conditions mimic the weeks after the March 2020 COVID-19 crash.

China returns as 2nd top Bitcoin mining hub despite the crypto ban

China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.

Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal

Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.

RBI warns of crypto ‘dollarization’ of Indian economy

Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials.

Twitch co-founder raises $24M for Web3 gaming firm Metatheory

The funding round led by Web3-focused venture capital firms will be used for upcoming non-fungible tokens (NFTs), comics, and a play-to-earn game slated for late 2022.

Japan’s largest investment bank Nomura readies new crypto subsidiary

The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space.

Miami and New York City coins tank despite Mayoral endorsements

“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins.

Stablecoin supplies and cash reserves in question amid crypto exodus

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser

Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through the Coinbase app.

Breaking Barriers to the Web 3 Creator Economy

The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.

How Not to Run a Cryptocurrency Exchange

At Japan’s Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.

Portugal to lose crypto tax haven status as state announces gains duties

The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.

First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red

Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?

Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

Coinbase app users will be able to purchase NFTs across different platforms along with trade on decentralized exchanges.

S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework

Chuck Mounts will lead the DeFi group moving forward.

US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions

An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions.

BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI’s current triple digit gain.

California regulator will revisit long-running ban on crypto donations on May 19

“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga.

Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings

Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading.

MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.

Market Wrap: Cryptos Mixed as Volatility Fades, Traders Expect Weak Recovery

Bitcoin (BTC) was roughly flat on Monday as several alternative cryptos (altcoins) underperformed. Analysts expect prices to stabilize as volatility fades.

Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months

The firm is building an infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday.

Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

Everyone celebrated the arrival of institutional investors to the bitcoin market as their rising adoption helped send prices soaring. Now, with correlations to traditional markets at an all-time high,...

Bitcoin lucha en zona de soporte de $27K- $30K, con resistencia en $35K

La ventaja de BTC parece limitada a pesar del soporte a corto plazo.

Do Kwon proposes Terra hard fork to save ecosystem

Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.

Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip.

Brian Forde: Why Congress Needs a Crypto 'Truth Teller'

He explained Bitcoin to Barack Obama and ran one of the first election campaigns emphasizing crypto. He says Congress needs more people who understand science and technology.

US Agencies Warn of Attempts by North Koreans to Get IT Jobs While Concealing Nationality

In many cases, these workers say they are U.S.-based and/or non North Korean teleworkers, and they often take on virtual currency projects, the agencies said.

Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence

The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers.

Oasis Pro Raises $27M for Crypto Securities Trading Platform

CEO Pat LaVecchia, a former MakerDAO compliance adviser, said Oasis Pro is in the “early stages” of integrating with DeFi platforms.

UST Won't Be the End of Algorithmic Stablecoins