Bitcoin Swings Affect Broader Market, No Longer a ‘Fringe Asset’

beincrypto.com May 26 2021 16:59, UTC In an analysis, Singapore banking giant DBS said that bitcoin (BTC) was no longer a “fringe asset.” The analysis began by saying that markets have recently been reacting to the gradual reopening of Western countries as coronavirus vaccinations gather pace. In light of this, DBS analysts decided to compare …

Ethereum Outflows From Exchanges Resume, 403k ETH Moved in 24hrs

en.ethereumworldnews.com May 26 2021 16:57, UTC Ethereum outflows from crypto exchanges have resumed to levels seen before last Wednesday’s crash 403k ETH worth $1.132 billion has left crypto exchanges in the last 24 hours 1.2 million ETH worth $3.376 Billion has left crypto exchanges in the last month Accumulation of ETH continues and could lead …

BlackRock Still ‘Studying’ Bitcoin, Wary of Market Volatility

decrypt.co May 26 2021 15:52, UTC BlackRock, the world’s largest asset manager, is studying crypto, but has warned of its volatility, according to reports. Larry Fink, the CEO of the company, which manages $9 trillion-worth of assets, made the comments during a shareholder meeting today—seven days after Bitcoin suffered its worst pullback in history. Last …

3 convincing signs the Bitcoin bears have stopped selling

cointelegraph.com May 26 2021 15:25, UTC Bitcoin (BTC) price surged higher in the early New York session 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 benchmark cryptocurrency reached an intraday high of …

Ethereum Announces Progress With Beacon Chain Upgrade

beincrypto.com May 26 2021 15:22, UTC Ethereum has announced its progress with the Beacon Chain and Altair upgrade, after the v1.1.0-alpha.6 – Protostellar Evolution was released, as well as some other new developments for Ethereum. The Protostellar Evolution effectively separates constants, presets, and configuration, which cleans client configuration. Protolambda enables a simpler network configuration. As Altair …

Ripple CEO Claims XRP Has “Zero Inflation” Unlike Bitcoin and Ethereum

u.today 26 May 2021 15:21, UTC In his recent CNBC interview, Ripple CEO Brad Garlinghouse claims that XRP has “zero inflation dynamics” because all existing tokens have been premined:           All of the XRP that has ever been created has already been created, so it’s a zero inflation dynamic.    Garlinghouse says that Ripple owns …

Polygon debuts SDK for building Ethereum-compatible chains

cointelegraph.com 26 May 2021 15:15, UTC Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. According to an announcement on Wednesday, the Polygon SDK contains several plug-and-play modules …

WAX token investors on MoonPay spend days in limbo after technical glitch

www.theblockcrypto.com 26 May 2021 15:12, UTC Quick Take For several days, those buying WAX tokens on the MoonPay app were not receiving them in their wallets. The problems were caused by MoonPay’s liquidity partner Bittrex Global, which suffered from a technical issue. Buyers of WAX (WAXP) tokens through the crypto payments app MoonPay have finally …