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Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support
10.5.2022
Some 73% of all futures traders were long, or betting on a price rise
India Considers Imposing 28% GST on All Crypto Transactions: Report
10.5.2022
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
10.5.2022
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without additional configuration. Aloha has always focused on privacy and security for its users and...
Binance Suspends LUNA and UST Token Withdrawals
10.5.2022
LUNA token down is 52% on-day while UST is trading at 76 cents
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...
UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest
10.5.2022
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021
Azuki NFT Founder Admits to Abandoning Past Projects
10.5.2022
The project’s floor price has dropped dramatically following the news
Bitcoin Drops Below $30K Amid Broader Market Sell-Off, Hits 10-Month Low
10.5.2022
Bitcoin (BTC) fell below $30,000 for the first time in ten months
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
10.5.2022
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether....
Instagram Eyes Creator Economy With NFT Rollout
10.5.2022
With millions of creators and billions of users, Instagram could turn NFTs into a cash cow, the company hopes
First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
10.5.2022
The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet
2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’
10.5.2022
While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list shows the leading crypto has died seven times in 2022, outpacing the first three years of obituaries by year...
Nyan Heroes Raises $7.5M to Develop Play-to-Earn Game
10.5.2022
Nyan Heroes raised $7.5 million to develop its play-to-earn game bringing its valuation to $100 million
New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg
9.5.2022
The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs
Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout
9.5.2022
Double-digit percentage losses were the norm across the cryptocurrency sector as the Nasdaq tumbled another 4% and bitcoin plunged to just above $30,000
Bitcoin bajo presión, con soporte en $27K-$30K
9.5.2022
La caída de BTC se confirma y la subida aparenta ser limitada
El Salvador Acquires 500 Additional Bitcoin Amid Market Drop
9.5.2022
President Nayib Bukele tweeted that his country “just bought the dip.”
Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg
9.5.2022
Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token fell 35% during the day
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
9.5.2022
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per token. Additionally, the Luna Foundation Guard’s bitcoin wallet...
Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment
9.5.2022
Bitcoin (BTC) is down by 11% over the past 24 hours while altcoins underperformed. Sentiment indicators are in "extreme fear" zone, similar to what occurred in January. Still, BTC could see further downside before a definitive low