CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, Climbing Back Above $27,000

May 15, 2023
Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today. Bitcoin Bitcoin () jumped back above the $27,000 level to start the week, as sentiment showed glimpses of shifting after last week’s bear run. Following a low of…
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CryptoNews

South Korean Politician Quits Party Over Crypto Scandal

May 15, 2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest…
CryptoNews

IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions

May 14, 2023
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to Ukrainian law enforcement. IRS Offers Ukraine Tools From Chainalysis to Trace Russian Blockchain Transactions The criminal investigation division of…
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CryptoNews

Gallup Poll: Americans' Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets

May 14, 2023
A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup survey indicates that the perception of long-term investments in gold has experienced an almost twofold increase compared to the previous year’s poll on the same topic. Gallup Poll Reveals…
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CryptoNews

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network

May 14, 2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on chain…
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