Daily News Headlines | Latest Crypto News (14th May) | Cryptoknowmics
Here are the top 5 crypto news for the day!
Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we
know it, in the coming days.
Several Tesla Cybertruck customers are reportedly canceling their pre-orders as soon as the electric vehicle manufacturer announced the suspension of Bitcoin payments over environmental concerns. The announcement came in stark contrast to Musk’s rather favorable view on altcoins in public.
Amid the massive decline in the crypto industry, ADA has quickly shot above $1, securing a position in the top ten largest digital currencies of the market by its market capitalization. It began the year with an exchange price of around $0.18 but it took the advantage of the ongoing crypto wave since then.
Crypto asset management firm Bitwise has announced the launch of its Bitwise Crypto Industry Innovators ETF (BITQ) that offers investors exposure to companies in the crypto sector. It is already live on the New York Stock Exchange with the ticker BITQ. The index targets companies in the crypto sector with at least $100 million of liquid digital assets on their balance sheet.
Coinbase has announced today on Twitter that it would be listing Dogecoin on its platform after its massive gains in recent months. The official announcement from Coinbase Global Inc makes note of the release of its first-quarter 2021 shareholder letter, where the shareholder letter includes the financial results of the company.
Bitcoin mining difficulty has recently touched a new all-time high above 25 trillion. It represents a 21.53% surge and makes for the biggest increase in the difficulty in extracting the leading cryptocurrency in three years.