The Terra (LUNA) price has fallen to an all-time low below $1, despite founder Do Kwon’s proposal to fix the UST peg. The token slumped 98% in the past 24 hours, with losses showing no signs of slowin...
News
Most Americans Don’t Care If People Around Them Mask In Public, Poll Finds
Topline Just 37% of U.S. adults say they’re bothered when people around them in public don’t wear masks, a drop of 35 percentage points since 2020, according to a survey published Wednesday by Pew Res...
‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features – Bitcoin News
Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is s...
Carvana’s Relentless Rout Leaves Analysts Struggling to Catch Up
(Bloomberg) — Online used-car dealer Carvana Co. is trading as if the pandemic that spurred an almost 1,200% surge in its stock price never happened. Wall Street, however, has yet to fully adjus...
Bitcoin Funding Rates Remain Unmoved Despite Plunge To $30,000
Bitcoin funding rates had taken a plunge at the beginning of May. While this had not been a pronounced bear trend at that point, the price of BTC was already showing some signs of weakness. That weakn...
The Mining Difficulties Of Bitcoin Had Surpassed All Previous Highs
On Wednesday, Bitcoin mining difficulty reached a new all-time high, up 4.9 percent from the last adjustment last month. Interesting Tidbits According to BTC.com data, the mining difficulty reading is...
VeChain Foundation reports $1.2B crypto treasury but spent just $4M in Q1
The VeChain Foundation has released its financial report for Q1 2022, showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain is...
Unity CEO says ‘we expect to be profitable’ in Q4 after rough quarter
Unity Software expects slower growth in the second and fourth quarters while rebuilding its data but expects to be profitable at the end of the year, chief executive John Riccitiello told CNBC’s...
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
In December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil’s most valuable companies, though its market cap has since fallen to around $17.4 billion. ...
Florida Judge Blocks DeSantis Redistricting Map That Would Affect Black Voters
Topline A Florida judge said Wednesday he will reject a congressional map backed by Gov. Ron Desantis (R-Fla.), arguing the map violated the state constitution by disbanding a district with a large Bl...
Grayscale Held a Private Meeting with the US SEC, Report Says
Grayscale Investments, the world’s largest digital asset manager, held a meeting last week with the US Securities and Exchange Commission (SEC), according to CNBC. The talks between the parties were t...
What Are The Best Ways Possible to Recover Funds From a Crypto Scam
– Advertisement – Unfortunately, if you’re in this situation I feel very sorry for you but no worries I’ve got you! Let’s go over the steps and the best practices for recovering funds from...
Will Bitcoin Reach Around $50,000 In Q3?
4 hours ago | 2 mins read Bitcoin News An analysis platform has stated that BTC will reach $50K in Q3. The actual state of the crypto market has let down the trader’s expectations. IncomeSharks states...
Roblox CEO David Baszucki says bookings are turning around
Roblox CEO David Baszucki told CNBC on Wednesday that the company is seeing its bookings recover in April after the company said earlier this week that they declined 3% in the March quarter. Bookings ...
Gemini Denies Bitcoin Loan Rumors
Key Takeaways Gemini has denied rumors today that it lent 100,000 BTC ($3 billion) to BlackRock and Citadel. An unsourced rumor suggested the companies dumped the borrowed crypto, causing TerraUSDR...
Kyrie Irving’s Long-Term Nets Career In Doubt —GM Refuses To Commit, Hinting Covid Vaccine Refusal Is Possible Reason
Topline Brooklyn Nets general manager Sean Marks would not say Wednesday if he hopes the team’s star point guard Kyrie Irving will be in Brooklyn long-term, showing frustration after Irving’s refusal ...
Pan-African Crypto Exchange Mara Launches With Backing From Coinbase, Alameda
MARA, a pan-African crypto exchange, announced its launch today, alongside a $23 million raise from backers including Coinbase Ventures, Alameda Research, (FTX) and Distributed Global. The exchange al...
Bitcoin not the Future of Crypto Industry
William Cai, the co-founder of asset management firm Wilshire Phoenix, has argued that bitcoin (BTC) may not be the future of the cryptocurrency industry. Instead, investors should pay more attention ...
A Fresh Fundraising Platform In Ukraine Takes Cryptocurrency And Enables Contributors To Allocate Funds
The effort will be overseen by Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov. Deloitte Ukraine, a counseling and reviewing firm that is essential for the Deloitte globa...
ENCTR Launches Their Public Presale Whitelist on May 16, 2022
We’re incredibly excited to announce that the ENCTR project is launching a public presale on May 16, 2022. If you’ve been wanting to get involved with ENCTR this is your chance to get in at the floor ...
WHO says omicron BA.4 and BA.5 subvariants have spread to over a dozen countries
coronavirus impact business and economy Mf3d | E+ | Getty Images Omicron subvariants BA.4 and BA.5 have been detected in more than a dozen countries, helping fuel sporadic Covid outbreaks across the w...
Investors on Cake DeFi Earn $73M While the Crypto Market Lost Over $200B in Q1 ‘22
Cryptocurrency investors’ and traders’ journey hasn’t been particularly fruitful this year, with the entire crypto market noting significant losses throughout the first quarter of th...
Broadway Theater Installing Infrared System To Catch Phone Use After Jesse Williams Nude Footage Leak
Topline A Broadway theater told Deadline Wednesday it will install an infrared security system to monitor the audience for phone or camera usage after footage of one of its actors Jesse Williams perfo...
‘Full Irrational Panic’ – Solana Drops To Lowest Since August Amid Crypto Plunge
Solana prices have plunged lately, falling below $45 today. Photographer: Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana prices have dropped sharply lately, shedding value along with many ot...
Warren Buffett Doesn’t Buy Real Estate
Warren Buffett’s long-term outlook on investments has proven successful over the years, with Berkshire Hathaway (NYSE: BRK-A) outperforming the S&P 500 in total returns by about 84% over the past ...
Bitcoin Briefly Falls to $29k as Headline Inflation Slows to 8.3%
The Labor Department’s most recent Consumer Price Index (CPI) report showed headline inflation down for the first time since November 2020. Bitcoin’s price did not react kindly to the news, immediatel...
【取材】アカツキが25億円規模web3ファンド「Emoote」発表、STEPNなど20以上にトークン投資済み | あたらしい経済
アカツキが25億円規模web3ファンド「Emoote」発表 アカツキが、25億円規模のweb3特化ファンド「Emoote（エムート）」について5月12日に発表した。 アカツキはこれまでの同社のベンチャー支援の実績と、web3領域の成長トレンドを踏まえ、2021年にシンガポールで「Emoote Pte. Ltd. 」を設立、「Emoote」の運用を開始していたとのこと。 &#...
LUNA, UST postmortem: Was it a coordinated attack or a ponzi
Two days have passed since Terra’s UST got knocked off its dollar peg and it looks like any recovery attempts have failed. LUNA has turned out to be the unfortunate casualty of an unfortunate series o...
Experts Predict That $XRP Will Hit $2.55 By The End Of The Year
The second-largest cryptocurrency by market capitalization, may reach $5,780 by the end of the year and $11,760 by 2025. Ethereum was named in the top five performing crypto assets for the year by 87 ...
Oil prices are surging — these eight stocks are still bargains for long-term investors
The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still tradin...