Bitcoin (BTC) value plunged to $35,571 on Binance as stocks and crypto plunge Global financial business sectors dove on May 5 as the Dow Jones saw a 1,063 point drop Fed’s rate hike has a major effect...
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Ethereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales ⋆ ZyCrypto
Advertisement     Key Takeaways Messari reports that NFT secondary market sales reached new ATH in Q1. Ethereum continued to outperform in NFT sales volume. Despite re...
Fast Growing into the Next Big Thing in DeFi ⋆ ZyCrypto
Advertisement     Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (...
Esco Property Group launches turnkey solution for real estate crypto investments
Tenerife, Spain, 7th May, 2022, Chainwire After a couple years riddled with tension brought about by the COVID-19 pandemic, the world’s reaction to it, and the struggles of the global economy to get b...
Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity
To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC. Through an email, Amit Zavery, the vice pres...
Bitcoin and crypto markets take a tumble with rising inflation
Crypto markets lost $140 billion as fears encompassing the Federal Reserve’s hike mounted It was the most recent endeavor by the Fed to control inflation Bitcoin plunged 10% to score its second-bigge...
Ethereum: Will ETH defeat bears despite the ongoing capitulation
As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. The tweet further went out to stat...
Gucci to soon acccept crypto as a payments method
Crypto program by Gucci will start towards the end of May. The extravagance design house will stretch out the program to all non-establishment North American shops This move denotes a significant appr...
$37B Sent To NFT Marketplaces, Almost Equal To 2021
NFT investments have shown remarkable growth during the first half of the current year and are almost equal to the total sales volume for 2021. However, the crypto industry is experiencing a rare mark...
China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining
The authorities of China’s Guangdong province have imposed a fresh ban on cryptocurrency mining equipment and ordered confiscations of such equipment where found. The Guangdong Provincial Development ...
Sony, Theta Labs to giveaway glasses-free 3D display with exclusive NFTs
Theta Labs is partnering with Sony to release a unique 3D NFT that works without 3D glasses. The “Tiki Guy” NFT will work with a Sony Spatial Reality Display, retailing at $4,999. However, purchasers ...
9 in 10 Central Banks are Eyeing CBDCs, BIS Study Shows
90% of apex banks have shown intentions of rolling out Central Bank Digital Currencies (CBDCs), according to a study by the Bank for International Settlements (BIS). Per the report: “Nine out of...
Bank of Uganda Issues Warning Against Cryptocurrency ⋆ ZyCrypto
Advertisement     While cryptocurrency adoption is rising globally, some governments remain skeptical of the nascent market. Uganda is just one of these countries, wit...
ADA Range-bounds as Price Drops Below $0.80
According to the daily chart, the Cardano price prediction slides below the moving averages as the coin trades below the $0.80 level. ADA/USD Market Key Levels: Resistance levels: $1.10, $1.20, $1.30 ...
Should I Sell My Stocks Now?
While the May 5 stock market crash shook a lot of investors, it really just continued a trend. A number of stocks that had delivered tremendous returns during the pandemic have seen their prices fall ...
Bitcoin mining stock report: Thursday, May 5
All the major publicly traded bitcoin miners ended Thursday on a decline, a perhaps unsurprising development given the turbulence in US equities. Still, some fared better than others. Marathon’...
Lazarus Is Tracking Crypto Traders and Executives
Lazarus – the North Korean hacking group – is back in the news again today, this time because the organization is reportedly using apps to track those involved in the cryptocurrency space. Lazarus Is ...
Fed hawks say they’re not so behind the curve combatting inflation
In the wake of the Federal Reserve policy meeting this week, stock markets have tumbled, raising howls of criticism that U.S. central bank policy will fail to bring down inflation. Read: ‘Unhinged’ ma...
Cardano Set to Onboard Game-Changing Algorithmic Stablecoins, Rivaling Terra’s UST ⋆ ZyCrypto
Advertisement     The concept of algorithmic stablecoins has recently created quite a buzz in the crypto space with Terra’s UST at the center of many chatters. It appe...
Asset Allocation in Retirement: 2022 Guide
Asset Allocation in Retirement: 2022 SmartAsset Guide The general rule for asset allocation in retirement is this: You should shift toward more conservative investments once you retire, since you no l...
US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Bitcoin (BTC) entered the weekend in the red after dropping to the $35,700 level based on a high number of daily active addresses, according to market insight provider Santiment. Santiment noted: ...
Chevron, Merck Lead Five Stocks Standing Tall In A Bad Market
Your stocks to watch for the week include five companies still doing well as the broader market falls: Dow Jones giants Chevron (CVX) and along with Merck (MRK), along with defense contractor Northrop...
BNB Tumbles as Price Touches $372 Low
The Binance Coin price prediction may find a halt at $350 as the price is down by 0.71% after touching the daily high of $380. BNB/USD Market Key Levels: Resistance levels: $425, $435, $445 Support le...
Hold Cigna stock as it eyes a breakout after boosted outlook
Health insurer Cigna Corporation (NYSE:CI) closed up 5.88% on Friday, making it among the top S&P gainers. The gains came at the back of an adjusted profit of $6.01 per share in the first quarter....
Russia Can’t Shake Default Risk After Last-Minute Bond Payment
(Bloomberg) — Most Read from Bloomberg Russia narrowly avoided a debt default last week, but markets are still priced like it’s on the brink. Bonds are stuck at distressed levels and five-year c...
Bullish BP approaches a key zone and you should keep watch
In just five days, British Petroleum Plc. (LON:BP) has returned over 11%. The returns compare to a 16% return year-to-date. The growing popularity of firms exposed to oil and gas sectors has been resp...
Litecoin: Amid unprecedented losses over past two years, LTC’s future looks…
While ups and downs are part of a cryptocurrency’s trajectory, the broader momentum is usually poised to be positive, albeit a market crash takes place. But that is not the case with Litecoin. Litecoi...
XTZ Price Analysis: Tezos provides a glimmer of hope to investors amid murky times
•XTZ/USD is currently priced at $2.56 and has increased by 3.84% over the past day •The trading volumes have decreased by 12.80% over the past day •The technical indicators suggest the altcoin enterin...