Binance reportedly halts crypto derivatives service in Spain

Binance reportedly halts crypto derivatives service in Spain

Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate as a fully licensed financial institution, the exchange has stopped offering it’s crypto derivatives services in Spain as it reportedly…

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to .65T

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days. Total crypto market cap, USD billion. Source:…

Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launch on the mainnet.  The next phase of interoperability within the ecosystem…

Bitcoin price heads under K as three-day losses near 12%

Bitcoin price heads under $36K as three-day losses near 12%

Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Novogratz: “We are not going to get a soft landing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,268 on…

Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display

Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display

Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony’s Spatial Reality Display, a monitor that lets people perceive things in 3D without using traditional 3D accessories.  The Spatial Reality Display tracks eye movement…

‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over

‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.” Analyst: Stocks saw “forced liquidation” After plunging to 10-week…