First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
11.5.2022
Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; cryptos have a mixed day
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
11.5.2022
Luna Foundation Guard’s billions of dollars in bitcoin without an actual infrastructure ready to deploy left Terra’s stablecoin UST vulnerable to a ‘Soros-style attack’, an analyst said
UST Resumes Spiral After Quiet Day Orbiting 90 Cents
11.5.2022
TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...
Bitcoin Miner Riot First Quarter Revenue Misses Estimate
10.5.2022
The miner reiterates its hashrate guidance of 12.8 EH/s
Environmental groups urge US government to take action on crypto miners
10.5.2022
Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits
Bitcoin Miner CleanSpark Tops Quarterly Estimates
10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin
UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report
10.5.2022
The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil
Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K
10.5.2022
Bitcoin (BTC) and other cryptos stabilized on Tuesday amid rising correlations with stocks. Altcoins such as MATIC rallied over the past 24 hours, indicating a greater appetite for risk among short-term traders
Coinbase Q1 Revenue Misses Estimate, Trading Volumes Fall From Previous Quarter
10.5.2022
The U.S. crypto exchange's trading volumes declined from $547 billion in the previous quarter to $309 billion
Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
10.5.2022
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
10.5.2022
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw...