Daily Crypto News | 19.05.2021

1- Bitcoin plummets to $30,400.
2- Kimchi premium is back with a 12.5% more expensive Bitcoin in South Korea.
3- The acting comptroller of the currency, Michael Hsu requests staff to review the crypto industry rules and guidelines that are set under the former comptroller Brian Brooks’ administration, stating his concerns over the previous work done, for it was not “in full coordination with all stakeholders.”
4- European Central Bank vice president Luis de Guindos says crypto “is an asset with very weak fundamentals...”
5- Coinbase and Binance users reported experiencing delays, Gemini announced emergency maintenance, Kraken and CoinMarketCap went down for a short period of time.
6- Wells Fargo Investment Institute to offer crypto investment to a select elite.
7- Ledger's Q1 report shows a 500% surge in revenue.
8- Some BlockFi users allegedly received up to 701.4 Bitcoin due to an error with promotional payments, the company threatens users who do not return the withdrawn promotional funds by taking legal action.
9- Russian state Duma approves a new draft bill that requires election candidates to disclose cryptocurrency holdings.
10- Inner Mongolia Autonomous Region Development and Reform Commission announces a hotline to report crypto mining operations.
11- 94% of Bitcoin’s hash rate signal for the Taproot upgrade.
12- Cryptocurrency mining company Core Scientific’s CEO Kevin Turner resigns.
13- Ark Investment’s Q1 report shows they own 639,069 shares of Grayscale’s Ethereum Trust.
14- Bison Trail report shows %80 of the central banks around the globe are exploring CBDCs.
15- Danish Saxo Bank’s subsidiary, Saxo Markets launches Bitcoin, Ethereum, and Litecoin trading against fx pairs to clients in Singapore and Australia
16- National Bank of Egypt to join RippleNet for cross-border transactions.
17- Nebraska bill allowing state banks to offer cryptocurrency services is now passed to the final round.
18- Nervos Foundation partners with China Merchants Bank International to launch a $50M DeFi fund.
19- Finder.com survey shows 40% of Australians who responded to their online poll believe that Elon Musk has invented Bitcoin.
20- Happy Atatürk Commemoration, Youth, and Sports Day!
21- Bitcoin is down 8% at $39,050.
22- Fei Protocol (FEI) is the highest gainer in the top 100 list with a 2.1% daily profit.
23- SafeMoon (SAFEMOON) is the highest loser in the top 100 list with a 37.3% daily loss.
24- 1 Bitcoin is 1 Bitcoin | 1 Satoshi is 1 Satoshi.



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