Wall Street Crypto News
📌 The price of bitcoin exceeded $ 9,300, and the hashrate decrease after halving was only 16%.
📌 The head of the Federal Reserve Jerome Powell expects a long-term recovery of the US economy and does not yet see the need for negative rates. The stock market reacts by 2% decline.
📌 Research: According to Messari, 90% of real trading volumes are accounted for by BTC, ETH and USDT.
📌 On May 12, a transfer of 47,835 BTC in the amount of $ 417 million was recorded on the Bitcoin network, the commission was $ 1.44. Presumably, the funds went to the Bittrex exchange.
📌 Bitfinex crypto exchange launched a custodial service for institutions with the possibility of obtaining a loan secured by cryptocurrencies.
📌 Media: UCL Blockchain analysts concluded that most of the transactions in XRP, EOS, and Tezos networks do not make economic sense.
📌 According to the report OPEC, oil demand in 2020 will fall by 9.07 million barrels per day, worse than April data. 24h Global Market Data👇🏻