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Bitcoin closes 7th red weekly candle for first time ever

CryptoSlate Newsletter
CryptoSlate Newsletter
@cryptoslate
Hello everyone!
The global crypto market cap is $1.26 trillion with a 24-hour volume of $87.49 billion. The price of Bitcoin is $29,467.30 and the BTC dominance is at 44.4%.

Bitcoin closes 7th red weekly candle for first time ever
Bitcoin closes 7th red weekly candle for first time ever
Bitcoin has closed its weekly candle down, thus making this the 7th week in a row that it has printed a weekly red candle.
cryptoslate.com
SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network. SBF continued that the environmental impact of Bitcoin mining, alongside the fact that the coin is “inefficient,” would count against it […]
cryptoslate.com
Portugal to start taxing crypto gains and payments
Portugal to start taxing crypto gains and payments
Finance Minister for Portugal, Fernando Medina, has confirmed that Portugal will begin taxing cryptocurrency in a parliamentary session on May 13.
cryptoslate.com
Luna Foundation Guard reveals where missing 80K BTC reserves went
Luna Foundation Guard reveals where missing 80K BTC reserves went
The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds.
cryptoslate.com
Bitcoin long positions spike 60% on Bitfinex
Bitcoin long positions spike 60% on Bitfinex
Long positions on Bitcoin have hit an all-time high on Bitfinex as they spike over 60% in a day.
cryptoslate.com
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CryptoSlate Newsletter
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