The Netherlands Must Ban Bitcoin Ahead of Price Crash, Says a Dutch Official

Pieter Hasekamp advised the government of the Netherlands to ban bitcoin and altcoins as they can ruin the country's financial system.

One of the Richest Bitcoin Whales in History Receives $138,000,000 BTC Amid Market Turmoil

Bitcoin’s price crash is not dissuading one of the biggest BTC whales on record from accumulating more.

Bitcoin sell-off likely played a key role in boosting Gold's appeal

Investors' appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market. May was a testing time for cryptocurrencies like Bitcoin (BTC).

Bitcoin price crash isn’t over, says JPMorgan strategist

JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000. Following the worst May for Bitcoin’s (BTC) price in the past 10 years, the largest cryptocurrency is likely to continue falling in the short term, according to JPMorgan analysts.Weakened institutional demand is likely to drag the Bitcoin price below $30,000, JPMorgan strategist and Bitcoin expert Nikolaos Panigirtzoglou wrote in the latest research note to clients.Based on Bitcoin’s volatility ratios to gold, the JPMorgan analyst forecasted that Bitcoin will continue to trade between $24,000 and $36,000 in the mid-term.

Crypto derivatives market down but not out as $3B expiry sours the mood

The spot price crash reveals a high correlation with the derivatives markets as nearly $3 billion worth of options stand to expire in May. Bitcoin (BTC) led the entire cryptocurrency market through a tumultuous period after the majority of the cryptoverse was painted red on May 19, a day now also referred to as “Black Wednesday.” BTC’s price fell below $40,000 for the first time since it blew past the resistance level on Feb.

NFT volume has more than tripled — even amid price crash — as Meme.com raises $5M

The NFT sector has seen exponential growth, tripling in transactions since January and pushing through the market crash this month. The popularity of non-fungible tokens, or NFTs, shows little sign of slowing down, despite the extraordinary marketwide crash that wiped more than $1 trillion off the crypto market cap.According to a report by decentralized app marketplace DappRadar, the average number of NFT sales rose almost 300%, from 21,815 per day in January, to 82,373 in May (so far).

Bitcoin Crash Reveals Resiliency of Crypto Markets, Lack of Systemic Risk: Macro Guru Raoul Pal

Former Goldman Sachs executive Raoul Pal says the crypto industry exhibited remarkable structural resiliency amid the most recent price crash.

What to Do When Bitcoin Has a Price Crash

The text below is an advertorial article that was not written by Cryptonews.com journalists. Source Cryptocurrency has always been a volatile investment, especially because it is relatively new and we don’t have years of data to look back on.

David Rubenstein Says Cryptocurrencies Are Here to Stay Despite Price Crash

David Rubenstein remained bullish on cryptocurrencies, stating that the burgeoning asset class is not going away any time soon.