Bitcoin Price Prediction: BTC/USD Touches $40,855 Daily High

Bitcoin Price Prediction – May 26 The Bitcoin price has been increasing since a couple of days ago but was rejected as soon as it touches the $40,855 resistance level. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart After closing at …

Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance

The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading accounts for Ontario residents, the OSC’s breach and conduct report notes. OSC Says Poloniex Failed to …

Dropping Today: Floyd Mayweather Jr.’s Legacy NFT Collection Available Now on Rarible

PRESS RELEASE. Legendary boxer and sports icon, Floyd Mayweather Jr.’s first ever NFT collection is officially available on Rarible. The drop includes digital collectibles celebrating the legacy of Floyd Mayweather Jr.’s life and career, including animations, physical artwork, and access to Mayweather Jr.’s both virtual and in-person meet and greets. Select NFTs are also associated …

Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’

Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules Aim to ‘Punish Bitcoin Miners’ A regional report published by South China Morning Post’s …

Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way

An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope of hope with a periodic dead cat bounce” and expects prices to drop to …

Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead

Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday, May 28. At first sight, bulls appear to lead as the $2.1 billion open interest call (buy) to …

TechX acquires crypto-to-fiat gateway Mobilum for $13.2M

Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. TechX Technologies Inc., a publicly traded company out of Vancouver, Canada, is in the process of acquiring a fiat-to-crypto gateway that it says will help strengthen synergies between traditional fiat currencies and emerging crypto assets.  …

Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH

Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum. A strong bull market tends to attract speculators and newbie traders who hop on to the rally with an aim to get rich quickly. In their eagerness to earn huge profits, traders throw …

Nebraska signs law to authorize state-chartered banks to custody crypto

The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska. The Nebraska Financial Innovation Act was one of Senator Flood’s first …

Bitcoin Price Prediction: BTC/USD Trade Struggles To Rebound

Bitcoin Price Prediction: Battling at Resistance – May 26There has been a continual process in which the BTC/USD struggles at $40,000, as it keeps being rejected at that resistance level. The price is currently at $39,81 for a 4.67% appreciation. Trade Struggles Rebounding: BTC MarketKey Levels:Resistance levels: $45,000, $50,000, $55,000Support levels: $35,000, $30,000, $25,000 BTC/USD …

Coinbase leads $6M funding for Indonesian crypto exchange

Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A …

Apple seeks to hire ‘alternative payments’ manager with crypto experience

“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the job post reads. Global software giant Apple is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker is gravitating toward digital assets.  The new job post for “Business …

3 convincing signs the Bitcoin bears have stopped selling

BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted. The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The …

UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert

Luno exchange agreed not to post its Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising Standards Authority, a …

MATIC is up by 123x YTD, Inches Closer to the Top 10 on Coinmarketcap

The digital asset of MATIC has gained by a factor of 123x since the beginning of 2021 MATIC rebranded to Polygon and is on its way towards becoming a top 10 digital asset in terms of market cap Mark Cuban has also invested in Polygon (MATIC) which is now listed on his company website The …

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