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Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund
31.5.2022
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying...
LUNA Rallies as Binance Airdrops Token to Users
31.5.2022
The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning.
At the time of writing (09:37 UTC), LUNA traded at USD 8.54, up a massive 43.1% in the past...
Friendly Market to Receive Price Feeds From DotOracle
31.5.2022
DotOracle became the first cross-chain bridge on Casper Network thanks to the partnership signed with Friendly Market on May 30. The Oracle solution will help bring secure price feeds and liquidity bridges to the network. It is also believed that the Dot support would be integral for the growth...
Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
31.5.2022
After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis...
Bitcoin Nears USD 32K, Ethereum Tests USD 2K, ADA Rallies, WAVES Doubles
31.5.2022
Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week.
Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920...
Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’
30.5.2022
ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.”
Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
30.5.2022
Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level
Biggest Movers: ADA Hits 1-Week High, HNT Nearly 20% Higher on Monday
30.5.2022
Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one of the biggest movers today, as it rose by over 20%, hitting its highest point in over a week. Cardano (ADA) ADA rallied on Monday, as it rose by […]
Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
30.5.2022
Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.
According...
Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week
30.5.2022
Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally...
Bitcoin and Ethereum Inch Higher, HNT and WAVES Rally
30.5.2022
Bitcoin price started a strong increase above the USD 29,500 level and even spiked above USD 30,500. It is currently (11:46 UTC) showing positive signs near USD 30,700 and is up 5% in a day and 1% in a week.
Similarly, most major altcoins are also moving higher. ETH could gain pace if it clears...
New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing
30.5.2022
The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded...
Tim Draper: Women will drive the next Bitcoin bull market
30.5.2022
Famed crypto and tech investor Tim Draper believes the retail purchasing power of women, paired with Bitcoin acceptance at merchant stores, could send the asset to new highs above $250K
Bitcoin and Ethereum Move Higher, Altcoins Accelerate
30.5.2022
Bitcoin price remained well bid above the USD 28,500 support zone, formed a base, and started a fresh increase above the USD 29,200 resistance. It is currently (04:06 UTC) showing positive signs near USD 30,360 and is up almost 5% in a day and is unchanged in a week....
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Market cleansing bear cycles are healthy say industry experts
30.5.2022
Analysts say the crypto bear market should not be feared because it offers potentially greater opportunities for growth and profits than a bull market, so traders should be taking note
The Bitcoin-Stock Market Decoupling Isn’t Happening Yet, but It Totally Will
29.5.2022
When will the Decoupling of bitcoin and the stock market happen? Maybe soon (but probably not)
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Biggest Movers: DOGE Climbs Following Spacex News, XTZ Rebounds From Recent Losses
28.5.2022
DOGE rose on Saturday, following yesterday’s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a payment option for merch. Tezos was also higher to start the weekend, as it rose by nearly 5%. Dogecoin (DOGE) DOGE was one of the most notable movers in crypto...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
28.5.2022
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with...
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...