Bitcoin (BTC) is testing a major support zone between $27K and $30K, which is the bottom of a year-long trading range. Momentum signals remain negative, which could keep sellers active. Original
Bitcoin Under Pressure; Support at $27K-$30K
Day: May 9, 2022
Instagram soportará NFTs de Ethereum, Polygon, Solana y Flow
La red social no cobrará a los usuarios por exhibir su arte cripto. Source
Bitcoin Funds Had Surprise Inflows as Markets Plunged
Some $45 million flowed into bitcoin-focused funds in the week through May 6, as investors apparently bought the market dip. Original
The Bahamas' ‘Sand Dollar’ Needs Improved Cybersecurity, IMF says
The CBDC only represents 0.1% of currency in the Caribbean nation, said the International Monetary Fund – which has often proved skeptical about the benefits of bitcoin. Source
WHAT’S HAPPENING WITH CRYPTOCURRENCY? (BIG NEWS)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Let’s discuss the LATEST crypto news for bitcoin, ethereum, altcoins, & more! SLAP THE LIKE BUTTON! 👋 Earn Bitcoin Back w/ BlockFi Rewards Credit Card: Rock the Vote for Altcoin Daily! 💰 Top Crypto Investing Strategy into 2022 | Anthony Pompliano Interview 🎸 Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022 (Top 2022 Altcoins) Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment 2021? What will ethereum be worth in 2021? Can ethereum reach $20,000 in 2021?…
Over 20 investment funds hold Dash, and 40 more plan to add it: Report
Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was conducted via email between March 2021 and December 2021. The 200 funds that responded collectively managed approximately $1.2 billion in cryptocurrency and blockchain investments. Interestingly, the study found that 20 surveyed asset allocators already have exposure to Dash in their portfolio, including Valkyrie, Parallax Digital, Block Ventures, INDX Capital and others. An additional 40 funds reported that they wanted to invest in Dash…
What Makes Alpaca BSC’s 3rd Biggest Protocol?
Alpaca has launched one year ago and has become the #1 leveraged yield farming project on BSC and the #3 DeFi project through the team’s excellent mechanics and rapid iterations. Alpaca Finance, is an all-in-one lending, liquidity mining, and stablecoin project that has become the third-largest BSC protocol by TVL. The team created Alpaca after seeing the high gas fees on Ethereum and wanted to realize the full potential of BSC through liquidity mining. It has been more than 1 year since Feb. 2021 and still insists on being a…
Crypto Traders Lost $421 Million In Liquidations For The Past 24 Hours
The crypto market has been bouncing back and forth in the past few days. Over 124,003 traders saw more than $421 million liquidated in a 24-hour period as prices tumbled wildly throughout yesterday and today. The crypto market is falling to new lows not seen since November. With a total loss of $421 million, Bitcoin (BTC) accounted for most of the losses, followed closely by Ethereum (ETH). Related Reading | TA: Ethereum Bears Aim Big After Recent Breakdown Below $2.5K Crypto Traders Liquidations Figure Most of these liquidations occurred on…
Making sense of Yuga Lab’s ‘virtual’ land bonanza
Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy. In return for shelling out close to $6,000, a purchaser received an Otherdeed NFT, which authenticates that buyer’s ownership of a patch of digital real estate in developer Yuga Labs’ new Otherside game environment. What can you do with a plot of virtual ground? Well, you can develop your own online games on it or build a digital art gallery, among…
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity – Bitcoin News
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great deal of speculation concerning UST losing its dollar peg. Following the drop on Saturday, the Luna Foundation Guard (LFG) revealed it was lending out millions of dollars worth of bitcoin and UST in order to protect the peg until market conditions…