LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple of zeros below $1, causing holders to lose billions of dollars. Nevertheless, a lot of investors continue to hold out hope and trade the coin, which has led to multiple rallies. Up 100% In One Day On Sunday, LUNA had…
Day: May 23, 2022
GameStop unveils beta cryptocurrency wallet and upcoming NFT platform
American electronics retail firm GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will feature nonfungible token functionality. The GameStop Wallet will allow gamers to acquire, send and store Ether (ETH), ERC-20 tokens and NFTs through a self-custodial browser extension running on the Ethereum blockchain. A mobile application is also in the works. Itโs official! The GameStop Wallet is here. Download: https://t.co/dK2dmRmwRI โ GameStopNFT (@GameStopNFT) May 23, 2022 The wallet will run on Ethereumโs Loopring layer-2 scaling protocol designed for decentralized exchanges, which…
Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market
Bitcoin (BTC), the largest cryptocurrency crashed to as low as $25,892 on the week of May 9, the lowest since December 2020. Since then, bitcoin has recovered somewhat and stabilized around the $30,000 level. As of press time it was changing hands around $30,223. Source
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FTM, ETC Lead Crypto Gainers to Start the Week โ Market Updates Bitcoin News
ETC rose by over 10% to start the trading week, as prices rose to a two-week high on Monday. FTM also saw its value increase during todayโs session, climbing by nearly 20% earlier in the day. Ethereum Classic (ETC) ETC was one of the most notable gainers during Mondayโs session, as cryptos were mostly in the green to start the week. Following a low of $20.56 on Sunday, ETC/USD surged to an intraday peak of $23.65 earlier in the day. Prices have now risen for three consecutive sessions as ETC…
Crypto remittances must have allure of cash without regulatory constraints โ Jeremy Allaire
Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries โ and must be able to do so without regulatory constraints โ according to Circle CEO Jeremy Allaire.ย In a panel discussion at the World Economic Forumโs Annual Meeting,ย titled “Remittances for Recovery: A New Era of Digital Money,” Allaire discussed all the features that make physical cash an ideal medium for exchange. Thereโs a reason why โcash is king,โ he said, referring to physical moneyโs portability, privacy…
Lido (LDO) Sheds 58% Of Its All-Time High TVL At $11 Billion
Lido TVL or total value locked, toppled over to new high lows seen in the third week of this month following the bearish movement of the DeFi market. LDO has shaved off over 58% of its TVL, which registered an all-time high of $20.4 billion on April 6 but dropped down to roughly $8.6 billion on May 22. Suggested Reading | Ripple (XRP) Plunges To $0.43 With Bears In Full Swing Lido, a liquidity staking solution, targets orienting people towards staking. It has zero minimum staking requirements which is a…
BITCOIN ETF IS COMING TO THE US…SEC IS ABOUT TO CAVE
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Today let’s talk about Bitcoin’s rise and I’m going to share why the SEC is about to approve a Bitcoin spot ETF later this year. ๐ดNew CryptosRus Clips Channel: ๐จI Am George NFTs: ๐ธBuy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) ๐Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) ๐ฐEarn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld: ๐ณBlockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: ๐ฅ File Crypto Taxes the Easy Way with CoinTracking:…
How the Metaverse Could Be a Game-Changer for NFT Gaming
Rather than letting players port weapons or powers between games, NFTs will more likely serve as building blocks for new games and virtual worlds. Source
Arthur Hayes, ex CEO de BitMEX, es sentenciado a 2 aรฑos de libertad condicional
Hayes, residente de Singapur desde hace mucho tiempo, tendrรก 30 dรญas para decidir en quรฉ parte de los Estados Unidos cumplirรก su detenciรณn domiciliaria. Tras vivir en Asia durante 14 aรฑos, Hayes comprรณ recientemente una casa en Miami, pero su abogado dijo el viernes que no tiene allegados en Florida y que tal vez desee realizar su detenciรณn domiciliaria en otro lugar. Source