Search query ‘Should I sell my Bitcoin’ skyrockets on Google TrendsThe global crypto market cap is $1.28 trillion with a 24-hour volume of $181.47 billion. The price of Bitcoin is $32,247.66 and the BTC dominance is at 47.2%.
by Liam Frost Cryptocurrency-related search queries have surged in popularity to a new all-time over the past week—but not for positive reasons, according to Google. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬JPMorgan says Bitcoin’s true value is $35,000 amid price crashJPMorgan research analysts have said that institutional investors are swapping Bitcoin for gold for the first time in six months. Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese poolJiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the United States, as pointed out by journalist Colin Wu. Factors with the greatest impact on the crypto market growthThe cryptocurrency market is experiencing incredible growth in the past year and a half, rivaled only by the ICO craze of 2017. Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this monthJed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping.” The great XRP dump According to blockchain explorer XRPScan, McCaleb received just over 442 million XRP from Ripple on May 2. Whale holding $15 billion in Dogecoin bought 420.69 DOGE yesterdayWhoever holds the biggest Dogecoin bag seems to share the memecoin’s sense of humor. BlockFi users say they can’t withdraw funds after 701 Bitcoin blunderUsers of the crypto lending platform BlockFi are reporting difficulties in withdrawing funds. British MP says Ethereum ‘flippening’ is taking place, calls for a ‘safe space’ for cryptoIn the Queen’s Speech debate, Member of the UK Parliament Tom Tugendhat argued that the Treasury needs to pick up the pace and open up to crypto. DBS: Bitcoin is ‘potentially a better store of value’ than the dollarDBS, Singapore’s largest and one of the world’s biggest banks by assets under management, put forward a bullish case for Bitcoin in a client note earlier this week. Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto usersNetherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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