Month: May 2022

Crypto Liquidations Reach $1 Billion As Sentiment Falls To 10-Month Lows

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The crypto market has been subject to large liquidation following the price crash. Coming out of the weekend, the market had recorded one of its worst crashes which saw bitcoin fall below the $30,000 territory for the first time this year. With this had come hundreds of millions in short liquidations. However, the bloodbath seems far from over as the market continues to crumble and liquidations have now run over the $1 billion mark. Crypto Traders Getting Rekt After the crash that rocked the market coming out of the weekend,…

What are the top social tokens waiting to take off?

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“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the social tokens you should be keeping a close eye on. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as each makes his case for the top…

US Treasury Secretary reaffirms need for stablecoin regulation following UST crash

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United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on stablecoins to address risks to financial stability. In a Tuesday hearing of the Senate Banking Committee on the Financial Stability Oversight Council Annual Report to Congress, Yellen reiterated her previous position calling for a regulatory framework on stablecoins, citing a November report from the President’s Working Group on Financial Markets. In addition, the Treasury Secretary commented on TerraUSD (UST), the third-largest stablecoin by market capitalization, dropping to $0.67 in the last…

Crypto Market Crash Explained + Top Coins to Invest (Or Hold) Right Now | Market Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto Market Crash Explained + Top Coins to Invest (Or Hold) Right Now | Market Update Crypto Market Crashed Again and we Explained it! We give you the TOP COINS to Invest Right Now in our Market Update Technical Analysis Bitcoin, Ethereum, AVAX, SOL, NEAR, APE. It’s time to get out of stocks and it’s time for Sell in May and Go Away ●▬Promotions▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 25% off any plan (does not include VIP plans) Use code EARTH25 Plus, in honor of Earth Day,…

Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade – Bitcoin News

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Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to do with the activation of native introspection opcodes, directed to simplify the writing of smart contracts called covenants. Bitcoin Cash Prepares Contract Focused Upgrade A new upgrade is on the horizon in the new one-year Bitcoin Cash upgrade schedule, modified from its previous six-month cycle during…

NBA Top Shot Creator Dapper Labs’s Flow Launches $725m Blockchain Ecosystem Fund

NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain platform Flow to develop its growing ecosystem. In this round of funding, investors include Andreessen Horowitz (a16z), Coatue, Union Square Ventures, Greenfield One, Digital Currency Group (DCG), Fabric Ventures, Liberty City Ventures, and CoinFund. The fund aims to support games, infrastructure, decentralized finance, content and creators on the flow blockchain, while also tailoring corresponding ecosystem grants based on the type of project. Dapper Labs CEO Roham Gharegozlou said in a statement： “We are thrilled…