Best Crypto Exchanges for Beginners to Buy Cryptocurrency

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Oasis Pro Raises $27M for Crypto Securities Trading Platform

Oasis Pro Markets LLC, the ATS, wants to support everything from the issuance to secondary trading of all forms of digital securities, the company said. It also lets subscribers take the unusual step of paying in crypto for their digital securities, which are traditional investment assets (like shares in a company) that trade as tokens atop blockchain tech. Source

Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence

Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, itโ€™s possible that bulls at least have plans to recover the $30,000 level in the short term. Bitcoin/USD 4-hour price at Bitstamp. Source: TradingView Does derivatives data support reclaiming $30,000, or is Bitcoin potentially heading to another leg down after failing to break above $31,000 on May 16? Bitcoin price falters in the face of regulatory concerns and the Terra debacle One factor placing…

Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year โ€“ Bitcoin News

Just recently, the product comparison platform finderโ€คcom polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finderโ€™s experts predicted LUNA would be $143 before the end of the year. Currently, LUNA is worth far less than a U.S. penny and while it has gained over 23,000% in the last three days from the all-time low, LUNA would need to jump 58,331,533% to reach $143 per unit. Finderโ€™s Poll Recorded Before the Collapse Shows Fintech Experts Thought…

Kwon Proposes Forking Terra, Nixing UST Stablecoin in โ€˜Revival Plan 2โ€™

In what may have marked the largest token collapse in crypto history, Terraโ€™s $40 billion stablecoin juggernaut crashed last week. Terraโ€™s UST stablecoin, which is supposed to stay โ€œpeggedโ€ to the price of the dollar, plummeted below 10 cents. LUNA, which USTโ€™s โ€œalgorithmโ€ uses to help prop up the stablecoinโ€™s dollar peg, dropped from $80 to below 1 cent amid the turmoil. Source

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Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS

Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With macro factors not supportive, several analysts expect the recovery to be a slow grind. Crypto research firm Delphi Digital said in a recent report that the rally in the United States dollar index (DXY) had pushed its 14-month relative strength index โ€œabove 70 for the first time since…

Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K

Further, the recent underperformance of alternative cryptos (altcoins) relative to bitcoin suggests a lower appetite for risk among crypto traders. Typically, alts decline more than bitcoin during down markets because of their higher risk profile. The broader risk-off environment could keep BTC’s short-term downtrend intact. Source