China regulates BTC mining, Tesla and Elon Musk reject Bitcoin, Vitalik sells Shiba Inu … – Explica .co

Welcome to another weekly compilation of crypto news from BeInCrypto. We bring you the 10 most important crypto news of the week from May 17-23, 2021. Immediately update the latest news on Bitcoin, Cryptocurrencies, Blockchain, FinTech, Stock Markets, Disruptive Technologies, Geopolitics, Macroeconomics, Trade and much more. Browse through the topics that seem most interesting to you.

The most important crypto news of the week

Bitcoin falls after China’s plans to crack down on BTC mining


On May 21, the Chinese government released a notice from the State Council’s Financial Stability and Development Committee describing that at its 51st session, it had agreed to take “strong” action on bitcoin mining in the country aim.

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Other relevant crypto news of the week

Bitcoin drops to price level before Tesla purchases it

Elon Musk BitcoinElon Musk Bitcoin

Elon Musk Bitcoin

Bitcoin (BTC) price has fallen to levels seen before Tesla bought BTC last February.

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SEC is granted the right to access Ripple information abroad

XRP rippleXRP ripple

XRP ripple

The Securities and Exchange Commission (SEC) has earned the right to seek foreign assistance in the ongoing battle against Ripple. The tech company previously tried to prevent the government agency from obtaining more regulatory information from abroad.

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Vitalik Buterin burns 90% of his Shiba Inu (SHIB) tokens that have been donated to him

Vitalik ButerinVitalik Buterin

Vitalik Buterin

Vitalik Buterin burned SHIBA INU (SHIB) tokens worth over $ 6 billion and will donate the remaining amount to charity.

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Cardano founder shares ideas to improve Dogecoin with Elon Musk



Charles Hoskinson, Founder of Cardano (ADA) and CEO of Input Output, shared some ideas with Elon Musk to help him improve Dogecoin (DOGE).

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MicroStrategy CEO confirms that he will not sell his BTC due to a market downturn

Microstrategy buys BitcoinMicrostrategy buys Bitcoin

Microstrategy buys Bitcoin

Michael Saylor, CEO of MicroStrategy, faced the recent crash in the crypto market by stating that he was not selling his cryptocurrencies. At times, Bitcoin (BTC) fell to around $ 30,000.

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Almost 800,000 crypto traders have settled in the past 24 hours

Bearish bitcoinBearish bitcoin

Bearish bitcoin

When China further tightened its ban on cryptocurrencies, which contributed to the impact Elon Musk had on Twitter last week, the crypto market collapsed. The impact of these external events can be seen through real-time billing that exceeded 804,242 in the last 24 hours.

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Tether for getting started on Avalanche’s high-speed blockchain



Tether (USDT), the world’s largest stablecoin with market cap, has announced that it will be available on the Avalanche network.

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PancakeBunny suffers from massive $ 200 million flash credit exploit and BUNNY is down 95%

Defi HackDefi Hack

Defi Hack

The latest victim of the wave of flash credit attacks against the decentralized financial sector (DeFi) is one of the most popular protocols: PancakeBunny.

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Shiba Inu will be strengthened after the exchange with its SHIB token shows interest

Shiba InuShiba Inu

Shiba Inu

OKEx customers investing in Shiba Inu (SHIB) can now use the platform to save with the token.

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Cardano (ADA) outperforms Binance Coin (BNB) as the fourth most important cryptocurrency

Cardano (ADA)Cardano (ADA)

Cardano (ADA)

Cardano (ADA) temporarily surpassed Binance Coin (BNB) on the morning of May 22nd, becoming the fourth most important cryptocurrency in the world.

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In-depth analysis of the week

Possible scenarios justifying Elon Musk’s crusade against Bitcoin

Elon Musk and TwitterElon Musk and Twitter

Elon Musk and Twitter

When the world of cryptocurrencies sank into a bullish narrative that never seemed to end, Tesla’s self-proclaimed “technoking” hit Elon Musk, which radically changed the market’s attention. “Tesla has suspended the purchase of vehicles with Bitcoin,” accompanied by a rationale denying “the increase in fossil fuels for mining and Bitcoin transactions.”

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On-Chain Analysis: The History of the Bitcoin Crash and a Fascinating Diagram

Bearish BTCBearish BTC

Bearish BTC

The events of the past month in the cryptocurrency market are widely seen as the reasons behind the declining price movement of Bitcoin (BTC).

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Elon Musk railed against Bitcoin on Twitter and suggested selling his BTC

Twitter Bitcoin Elon MuskTwitter Bitcoin Elon Musk

Twitter Bitcoin Elon Musk

Elon Musk caused another price drop in the cryptocurrency market after a series of messages posted on Twitter yesterday, Sunday May 16.

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Bitcoin dirty, myth or reality?

Bitcoin scientistBitcoin scientist

Bitcoin scientist

Bitcoin has been repeatedly criticized for various factors. Often there are allegations that it is a scam, a financial bubble, or even a currency for criminals. All of this can be easily refuted by any average bitcoiner, but what about the allegations of being very unkind to the environment?

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What if Venezuela started a Wrapped Petro on a DEX like Uniswap?

Petro UniswapPetro Uniswap

Petro Uniswap

The Venezuelan Petro has had a very controversial career since its inception, as the US has stalled the Venezuelan economy, that is, it has been vetoed on all countries since its inception.

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Interviews of the week

Layer 2 (L2) solutions, rollups and the future of Ethereum with Jordi Baylina

Jordi BaylinaJordi Baylina

Jordi Baylina

Jordi Baylina is probably the most relevant figure in the Spanish-speaking blockchain ecosystem. Born in Barcelona, ​​he has a degree in telecommunications engineering and has been in software development since he was 12. Being a developer is his true calling, according to Jordi, which he has been doing for 35 years.

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Weekly summary of the crypto news and technical video analysis

In addition, BeInCrypto does a weekly review of the most interesting news in the cryptocurrency industry. You can see a technical analysis of the week’s most relevant to trading.

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Weekly summary of the technical video analysis

Weekly video news summary

Top 10 Crypto News: China regulates BTC mining, Tesla and Elon Musk reject Bitcoin, Vitalik sells Shiba Inu … was first seen on BeInCrypto.

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