Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday’s Session
Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost…
Fantom (FTM) Price Prediction: FTM Has Been Trending Bearish
Fantom (FTM) Price Prediction – May 24Fantom (FTM) market has been trending to bearish as it trades against the valuation of the US Dollar over several couples of sessions. Its…
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval. Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The…
WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
Panelists at the World Economic Forum session on crypto’s carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining. The need for a clear, balanced…
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price
Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing. Solana (SOL) price has begun to consolidate…
WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. Miami mayor Francis Suarez believes…
Bitcoin Pizza Day 2022: Here’s What’s Happening This Year
The crypto community celebrated the 12th anniversary of Bitcoin Pizza Day this year on May 22, 2022. The event commemorates one of the first purchases involving cryptocurrency: two Papa John’s…
TerraUSD (UST), Tether (USDT) Not as Stable and Cannot Guarantee Their Peg at All Times – ECB Crypto Asset Report
Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in Crypto-Asset Markets’. The informative article describes the stablecoins of TerraUSD…
Fear in the Bitcoin and Ethereum Derivative Markets Points to More Pain Ahead for 3 to 6 Months – Report
Summary: Bitcoin’s value has been declining for a record-breaking eight consecutive weeks. The ongoing pullback has put a notable dent in the entire crypto market performance. Fear in the Bitcoin…
South Korea plans to sue crypto exchanges following Terra crash
Terra LUNA and Terra USD (UST) crash caused massive losses for investors globally. The crash prompted reactions from regulators globally, and in South Korea, regulators are actively engaged in finding…
PayPal hints at plans to accept all forms of cryptocurrencies
One of the largest payments platforms globally, PayPal has announced plans to go all-in with its cryptocurrency plans. According to the company’s president, Richard Nash, the company will accept a…
South Korea’s Upbit and Bithumb warn over Litecoin privacy feature
Litecoin implemented the MimbleWimble Extension Blocks (MWEB) recently to boost privacy within the network. The privacy-focused upgrade could be good news for developers and users of the Litecoin network, but…
Fed report shows 12% of Americans invested in crypto in 2020
The level of cryptocurrency adoption in the United States has grown significantly over the past two years. Americans have learned how to invest in crypto and use these assets for…
Crypto funds under management drop to a low not seen since July 2021
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. Digital asset investment products saw $141 million in outflows during the week ending…
Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive
BTC price action remains at the mercy of equities performance at the Wall Street open. Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw…