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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
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...
Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount
10.5.2022
As inflation peaks, bitcoin traders should be wary of reading too much into data
Switch Is Still Outselling Everything Else Despite Ongoing Chip Shortage
10.5.2022
Today, in its annual earnings statement, Nintendo cited the ongoing chip shortage as a reason for a precipitous annual dip in Switch hardware sales…while in the same breath saying it hit company targets. Well, technically.Read more
Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations
10.5.2022
Local and national activists are banding to limit what they consider are the industry's adverse effects on the environment
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
Can You Really Build a ‘Crypto Empire’ in the Empire State?
10.5.2022
Can you really build a crypto empire in New York? New York City Mayor Eric Adams wants to lure crypto companies to the Big Apple – but there are a host of obstacles in his way
Bitcoin Is Down, but You Don't Have to Be
10.5.2022
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
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
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
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
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High
10.5.2022
Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets. This move came as Luna Foundation Guard was said to be liquidating close to $1.5 billion worth of BTC. Ethereum also fell to multi-month lows, as prices hovered slightly above...
ApeCoin for All? Co:Create Raises $25M to Help NFT Projects Launch Tokens
10.5.2022
The funding could lead to big-name NFT projects following in the footsteps of Bored Ape Yacht Club
Ve středu proběhne prezentace Indie World
10.5.2022
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
10.5.2022
U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading