Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue
10.5.2022
LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowest point since September. Whilst LUNA stole the headlines, XMR and AXS also saw recent...
Bitcoin Holding Support at $30K, Resistance at $35K
10.5.2022
Bitcoin (BTC) is stabilizing around $30K, which is the bottom of a year-long trading range. There are initial signs of capitulation, evidenced by an uptick in volume, albeit not as extreme as previous sell-offs. Upside remains limited
Argentina Bears Down on Crypto Miners Amid Power Shortage
10.5.2022
Some registered companies saw a 400% increase in their electricity bills in March, while unregistered miners do not plan to stop using subsidized residential tariffs
Bitcoin Miners About to Be Hit With Record Difficulty as Profitability Drops
10.5.2022
Work is about to become harder for Bitcoin (BTC) miners, as mining difficulty is set for another all-time high (ATH) in a matter of hours, which will be the second one in a row, once again cutting into the already decreasing profit margins of miners. ...
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EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
10.5.2022
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages
What are the top social tokens waiting to take off? | Find out now on The Market Report
10.5.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the top social tokens a the moment
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
10.5.2022
Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S. given the growth of the market
Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade
10.5.2022
Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to...
Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight
10.5.2022
Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities
KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
10.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
Paradigm Enters Africa With $30M Round for ‘Super App’ Jambo
10.5.2022
The Congo-based startup is building a platform for Web 3 user acquisition
UK government targets crypto in latest legislative agenda
10.5.2022
The Queen’s Speech for the State Opening of Parliament included bills supporting “the safe adoption of cryptocurrencies" as well as authority to "seize and recover crypto assets.”