The crypto space is currently undergoing deep plunge trouble as the Bitcoin price slides down below $33,000. With extreme fear among the traders, the market is expected to crash, slicing the lower sup...
News
Solana Breaches the Crucial Support of $81; Time to Sell SOL?
Solana is considered the closest competitor to Ethereum, mainly because of its massive institutional banking and unparalleled speed. However, SOL has seen its fair share of network issues over the las...
African Central banks not happy with CAR bitcoin adoption
The Central African Republic’s decision to make bitcoin legal tender in the country has put many backs up. A letter from the central banks cites the decision as having a very negative impact on Centra...
CULT DAO’s Revolt-To-Earn Concept Draws the Attention of Anonymous
May 9, 2022 – London, United Kingdom CULT DAO, a blockchain-based DAO seeking to advance the decentralized finance revolution, announces Revolt (RVLT), which attracted the attention of Anonymous. The ...
Fulbo Galaxy Announcing Exciting Demo and Big Crypto Rewards
[PRESS RELEASE – May 4, 2022] Fulbo Galaxy has officially released its highly anticipated alpha. The demo will offer a host of special in-game rewards as part of the team’s efforts to onboard early ad...
Big travel company CEOs hope market turmoil won’t derail summer rebound
As economic pundits raise fears about a recession, the most powerful names in travel and hospitality are pushing back, pointing to bookings that illustrate a positive picture of the American consumer....
What this rising correlation between crypto & NFT prices can mean for investors
As per data presented by crypto reporter Colin Wu, the transaction volume of the Yuga Labs series has gone down, especially in the last 24 hours. He further mentioned in his tweet that Otherdeed, MAYC...
Russia’s Black Sea Fleet Started The War With Eight ‘Raptor’ Patrol Boats. It Might Have Three Left.
A ‘Raptor’ patrol boat. Photo via Wikipedia In 10 weeks of fighting, Ukraine’s TB-2 drones and anti-tank missile teams have wreaked havoc on the Russian Black Sea Fleet’s patrol boat floti...
Why Are DAOs So Important for the Future Business Community? ⋆ ZyCrypto
Advertisement     Here’s a challenge for you. Read the business news headlines for ten minutes and try not to get angry. Why is this so hard? Because it seems that d...
Palantir Stock Collapses After Disappointing Earnings—CEO Warns Threat Of Nuclear War ‘Significantly’ Underestimated
Topline Shares of big-data analytics firm Palantir Technologies, which specializes in military software, plummeted to a record low Monday morning following a disappointing earnings report and a cautio...
Rising RSI Hints Potential Rally To $20 Mark
Though the largest cryptocurrency, Bitcoin, is on its fifth losing streak, the Waves coin fights off the broader market sentiment and turns green on the intraday chart. The altcoin rebounds from the $...
Energy firms crush all other S&P 500 sectors by over 200% in Q1 2022
Stocks continued to sell-off Monday, May 9, as bond yields continued to march to new highs. Shortly after the markets opened, the Dow Jones Index fell 1%, and the S&P 500 dropped 1.6%, with Nasdaq...
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 t...
Bitcoin Price Plummets To Lowest Point In 2022, Will $33,000 Hold?
Bitcoin price had a treacherous weekend, capping off what has been nearly a 20% loss since the Fed meeting last week. The selloff has now taken the top cryptocurrency by market cap to the lowest point...
S&P 500: Dozens Of Major Stocks Now Down By More Than 70%
Still don’t think the S&P 500’s sell-off is that bad? Maybe you’re not seeing all the major stocks down 70% or more from their highs. X Dozens of stocks in the S&P 1500 index...
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exch...
Why does Luna Foundation Guard sell its bitcoin worth $1.5 billion for a trading price of $33K?
Non-profit organization Terra Labs, LFG, looks over the stability of its stablecoin and has managed its bitcoin count while retaining the balanced digital assets. Luna Foundation Guard and lead of Ter...
Is Cryptocurrency Going to Replace Traditional Payment Methods?
– Advertisement – In the two years of the pandemic, there have been many shifts within the financial services. The usage of online platforms for carrying out transactions has accelerated. ...
What Wall Street expects Tuesday
A woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Analysts and investors are eager to get to know Peloton Chief E...
Potential Kansas City Chiefs Sleeper Justyn Ross Makes His Pro Debut
Clemson wide receiver Justyn Ross runs during the first half of the Fiesta Bowl on Dec. 28, 2019. … [+] He’s a proven big-play commodity and could help out at a position of need for the Ka...
CTO of tech used in Bitcoin-Qt wallet thinks crypto is a “Ponzi scheme”
The CTO of the popular programming framework Qt — which tech giants like Adobe use, Tesla, Blackberry, Google, and Blizzard — called cryptocurrency a “Ponzi scheme” on May 6. However, the company has ...
Instagram to Test NFTs This Week, Zuckerberg Confirms
Key Takeaways Meta will begin testing NFTs on Instagram this week, Mark Zuckerberg has confirmed. Zuckerberg said that Meta would add a Facebook feature with “similar functionality” in the...
Fintech specialists expect XRP to soar to $2.55 by December 2022
Despite XRP going through the same bearish patch that has engulfed the entire cryptocurrency market, some experts predict the price of the DeFi asset could take a bullish turn and increase dramaticall...
Terra’s LUNA Declines 10% Amid UST Depegging Concern
Terra’s native token, LUNA, since yesterday has plummeted about 10% to $65.80 on fears that Terra’s stablecoin UST, propped up mainly by LUNA, may lose its peg. Stablecoins are cryptocurrencies pegged...
DXY Crosses Two Decades High – Trustnodes
The dollar has never been stronger since the booming heydays of the naughties when the economy was growing at 5%, year after year. The dollar strength index, DXY, has just risen to 103.9, overtaking t...
Digital Yuan Rolled out on Transport Networks in Major Cities
China’s central bank digital currency (CBDC), or digital yuan, is seeing its adoption grow by the day, most recently in the transportation sector of Xiamen and Guangzhou. According to local news outle...
Rivian starts the week with yet another bad news
Shares of Rivian Automotive Inc (NASDAQ: RIVN) opened nearly 20% down on Monday after a CNBC report said Ford Motor Company (NYSE: F) trimmed its stake in the EV start-up by 8 million shares. The stoc...