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News Headlines:

1. Indian central bank clarifies regulations as local banks shun crypto
2. 2 Bitcoin price indicators suggest BTC has not bottomed yet. 
3. 0x launches DEX liquidity API on Polygon 
4. RavenX (RX) charity token donates over $1M to Binance Charity 
5. Chinese traders turn to OTC desks amid regulatory crackdown

Ethereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance.

• Ethereum is slowly moving higher and it broke the key $2,500 resistance zone.
• The price is now trading well above $2,500 and the 100 hourly simple moving average.
• There is a key rising channel forming with support near $2,640 on the hourly chart of ETH/USD (data feed via BuyUcoin).

Source: Crypto Labs| (BuyUcoin)

News Highlights:

• CBDC Can Be Set Up on Ethereum Network, Says Architect of Digital Yuan.
• Bitcoin Bears Are Back, Here’s Why BTC Could Test $30K
• Crypto Analyst Says ‘We Could Be In for a Bit of a Cardano Summer’
• Polygon ($MATIC) Data Now Searchable With Help of Google Cloud’s Big Query
• Chainlink (LINK) Price Up 6%, Will It Break the Resistance Trend line to Set An Upward Journey

News Source:Crypto Labs| (BuyUcoin)

• Check out my latest crypto news update!
• $ADA and $MATIC Could Explode Over Next Few Weeks. NFT volume has more than tripled — even amid price crash — as Meme.com raises $5M
• Bitcoin Remains In Range, Here’s What Could Trigger A Strong Move
• Cardano Boss Puts Into Words Why ETH 2.0 Will Fall Flat
• Ripple (XRP) likely to go public after its legal battle with SEC is over, CEO confirms

As interest in cryptocurrency grows, it is starting to regain fame. There has been a surge in competition in altcoins in the crypto-industry, and investors are eager to see which cryptocurrencies can live up to expectations this year. Moving Beyond The Doge Saga :Top 5 Best Cryptocurrency to invest in 2021 and look out for.

News Source: Crypto Labs| (BuyUcoin)

May 26 Highlights

• Polygon (MATIC) Skyrockets 32% After Strong Backing from Tech Billionaire Mark CubanRipple enters the NFT space to lower gas fees as XRP price tiptoes above $1
• BTC needs to break $40,000 to validate the uptrend toward $50,000
• Cardano (ADA) Hits 1 Million Wallet Milestone Ahead of Smart Contract Implementation

Source: Crypto Labs| (BuyUcoin)

Todays News Headlines

• Ethereum markets bounce after a record plunge last week.
• Historic YouTube video with 883 million views to be taken down after its NFT was sold
• Cardano price technical breakout sets out for 60% rally eyeing $2.24.
• Bitcoin rallies as Elon Musk meet with miners in green energy push
• JP Morgan CEO Sees Crypto Going To $5 Trillion

Source: Crypto labs | (BuyUcoin)

News Headlines:

• An urgent need for India to enable cryptocurrency regulation
• Ether slips below $2K for the second time in a week
• After the market-wide meltdown, Elon Musk voices tepid support for crypto
• While Bitcoin gained just 10% since Jan 3, this crypto trading strategy netted 2,150% ROI
• Chiliz takes to the track with Formula 1 fan tokens
• Chinese Exchange Closes Up Shop Amid The ‘Crypto Ban’ Drama
• Lack Of “Capitulation” Volume Suggests Bitcoin Is Doomed To More Downside

News Source: Crypto-Labs (buyucoin.com)

Crypto News Update - 22 May Highlights:

• Cryptocurrencies Are Here to Stay, Says Billionaire David Rubenstein
• The Real Estate Transaction Turned Rollercoaster By Dogecoin And Elon Musk
• Saturday Is Bitcoin Pizza Day: Here’s How to Take Part
• Bitcoin price drops below $34,000, pulling altcoins to multi-month lows
• Polygon Became the Indian Tiger of Blockchain Platforms
• Crypto Crash Cost Ethereum Boss His Billionaire Status,
• XinFin’s XDC Partnered with Travala.com to Accelerate Digital Transformation
• The price of Bitcoin dips below $40k, triggering bearish sentiment. BTC is now down 40% from its highs, making this in line with the worst drops of 2017. Currently, Bitcoin is holding the 200-day moving average, having wicked below it briefly during the early hours.

Source: Crypto- Labs | BuyUcoin

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News HIghlights:

• Cardano’s Charles Hoskinson Teaches Elon How To Fix Dogecoin
• BTC wobbles to $40,000, but weak technical levels delay upswing to $50,000
• Institutional investors bought more Ethereum than Bitcoin last month
• Elon Musk Says Bitcoin Lightning Is Needed
• Cryptocurrency Investors Ask Google if They Should Sell After Crypto Market Crash

Brief News :

The RSK network has registered a spike in activity and projects launched on its blockchain in the past few months. According to the firm, the total value locked in its platform in Bitcoin has surpassed 1445 units of BTC.

The Ethereum (ETH) co-founder Vitalik Buterin has claimed that the crypto markets will learn their lesson from the latest price crash – and stop hanging on every word tweeted by the Tesla chief Elon Musk.

Source: Crypto-Labs| BuyUcoin

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Buy Chainlink: b.link/c9bt45

Todays News Headlines:

• Ripple price back to the drawing board, will $1 hold ahead of recovery toward $1.6?
• Uniswap v3 overtakes SushiSwap by volume, on track to surpass v2 this month
• MicroStrategy Scoops Up Extra 229 BTC Worth $10M
• Musk Says Tesla’s “Diamond Hands” Will Help Market
• Instagram is hosting a professional development panel for NFT artists

Bitcoin (BTC) and the overall crypto market witnessed one of the most historic crashes on Wednesday, May 19. While the entire crypto market registered a $750 billion intraday dip, Bitcoin saw its valuations tumbling by more than $150 billion in a single day.

XRP pierced the resistance line of the symmetrical triangle on May 18 but the long wick on the candlestick suggests the bulls could not sustain the breakout. The price reversed direction today and plummeted below the support line of the triangle, which may have resulted in huge long liquidations.

Source: Crypto-Labs| BuyUcoin

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Crypto News Headlines:

• BTC Slips to $40000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin
• Polkadot’s (DOT) long-awaited para chains are launching on Kusama (KSM)
• Cardano’s parent company IOHK announces an Ethereum ERC20 token converter is on its way
• Celo rallies 50% as excitement builds for the upcoming ‘Donut’ hard fork
• Ark Investment tips $20M into Grayscale Ethereum Trust

Source: BuyUcoin - Crypto Labs