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After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks

27.5.2022
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest...

Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months

26.5.2022
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when the difficulty dropped 4.81% at block height 691,488. Bitcoin...

Bitcoin 'good to go up' after BTC price hits lowest since Terra crash

26.5.2022
A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity

Crypto funds under management drop to a low not seen since July 2021

24.5.2022
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021

Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market

23.5.2022
Investors pulled out $154 million from bitcoin funds last week, a stark reversal from the $299 million of inflows reported for the prior period, according to CoinShares

Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week

23.5.2022
Bitcoin is getting a dose of reality this week as the World Economic Forum convenes and analysts still favor a fresh BTC price drop

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...

Leading European and Ukrainian Charity Foundations Announced Their Participation in the World’s First Innovative ChariFi’s Project – the Zelenskiy NFT, Developed by the IamUkraine Studio

20.5.2022
PRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the war in Ukraine, people from all over the world are trying to find ways to support people affected by the events. Multiple organizations and communities do their...

Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High

20.5.2022
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price...

Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021

19.5.2022
Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards...

Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

18.5.2022
Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains

L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow

17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...

Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise

17.5.2022
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins...

Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K

17.5.2022
Deja vu for BTC versus market sentiment, as conditions mimic the weeks after the March 2020 COVID-19 crash

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

16.5.2022
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to...

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...

Biggest Movers: AXS Jumps Over 20%, as MATIC Falls to 13-Month Low

12.5.2022
Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April. Axie Infinity (AXS) AXS was one of the biggest gainers...

Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020

12.5.2022
Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally...

Ethereum whales get busy as transactions hit highest point since January

12.5.2022
Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January