The collapse of UST, TerraUSD stablecoin had sent shockwaves throughout the crypto market. And as per researcher Nansen, it cannot be attributed to a single attacker. Instead, they found the trades of a small number of traders, including the Celsius Network as a contributing player. UST, built on the Terra blockchain, was supposed to keep [&#8230;]

Coinnounce

Activities of Celsius Network Sets off UST Collapse in Part, Says Researcher

Amid a financial catastrophe that overshadows the world, the cryptocurrency market has become part of the solutions many entrepreneurs take. On this occasion, sex workers in the US take Bitcoin as a refuge to protect their funds and feel economic autonomy. According to reports, crypto trading has increased its adoption rate despite Bitcoin and other...

Cryptopolitan

Sex workers in the US use Bitcoin and other cryptocurrencies to evade federal laws

The post Ethereum Price To Rally Towards $10k, If This Happens appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideOn-chain activity on the Ethereum blockchain has decreased. Despite the downturn, the price of Ethereum rebounded and soared beyond the $1700 mark. Ethereum is expected to break out, according to analysts. Ethereum Price On A Bull Run! Dr. Arnout Ter Schure, a leading cryptocurrency analyst, used the Elliott Wave Principle to set a goal for &#8230;

coinpedia

Ethereum Price To Rally Towards $10k, If This Happens

DOGE rose on Saturday, following yesterday&#x2019;s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a payment option for merch. Tezos was also higher to start the weekend, as it rose by nearly 5%. Dogecoin (DOGE) DOGE was one of the most notable movers in crypto markets on Saturday, coming as [&#8230;]

Bitcoin.com

Biggest Movers: DOGE Climbs Following Spacex News, XTZ Rebounds From Recent Losses

Multiple metaverses use various technologies to build immersive worlds. Read about the key technologies that power the Metaverse.

CoinTelegraph

The key technologies that power the Metaverse

Fiat is a gilded currency, centralized protocols are gilded projects and society is witnessing the proverbial paint chipping away. Bitcoin is golden.

Bitcoin Magazine

Gilded Age Greed and Golden Bitcoin

The Month of May which began with the collapse of Terra&#8217;s LUNA 2.0 and TerraUSD (UST) is finally coming to an end with Terra’s Airdrop. However, the new rebranded Terra prices saw a massive drop after just a few hours of its circulation. LUNA airdrop goes live In a bid to revive Terra, DO Kwon, The post Terra LUNA 2.0 Price Falls By Over 60% Hours After Airdrop appeared first on CoinGape.

CoinGape

Terra LUNA 2.0 Price Falls By Over 60% Hours After Airdrop

Terra Luna 2.0 has officially launched today. The new chain launch and Airdrop are complete, and the new LUNA token is now trading and is being tracked on several exchanges, including KuCoin, Bybit, Kraken, MEXC, OKX, and Bitrue. More exchanges are scheduled to join soon. Terra Luna 2.0 New Chain Launch Complete As of seven [&#8230;]The post Terra Luna 2.0 Price Drops 68% After Launch, Airdrop Complete appeared first on NullTX.

NullTx

Terra Luna 2.0 Price Drops 68% After Launch, Airdrop Complete

Litecoin price analysis for May 27, 2022, shows the meme cryptocurrency to be following a massive increasing movement for the last 48 hours. The price rose from $61.16 to $63.65 on May 28, 2021. Litecoin continued a rising movement the next day and significantly decreased its value. Today the cryptocurrency continues a bullish movement and...

Litecoin price analysis: LTC obtains bullish momentum at $63.65

In crypto, specifically DeFi, this distinction is a bit less clear.

Decrypt

Is DeFi a Public Good?

The new Bitcoin mining facility in Texas was built in collaboration between Elon Musk&#8217;s Tesla, Adam Back&#8217;s Blockstream, and Jock Dorsey&#8217;s Block. Tesla has already delivered its four megapacks, giant battery setups, to the facility, which is meant to be an example of how one can mine cryptocurrencies via a sustainable process. Since its initial [&#8230;]

Block, Blockstream, and Tesla are Collaborating to Build Sustainable Bitcoin Mining Rig

Manchester City's midfielder will become a brand ambassador of Phemex and will feature in educational crypto programs for soccer fans.

Crypto Potato

Soccer Star Kevin De Bruyne Partners With Crypto Exchange Phemex

This move was prompted by the Otherside metaverse project&#8217;s problems. Otherside metaverse project should be relocated to Avalanche as per

The News Crypto

Avalanche Offers Proposal To Get ApeCoin on Its Subnet

The post &lt;strong&gt;Terra 2.0 Prospects: Is LUNA Price Destined To Meet The Fate of LUNC Price?&nbsp;&lt;/strong&gt; appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto Guide&#160;&#160;The crash of Terra Luna (Now “LUNC”) has left the masses of the crypto industry in dread. The de-peg event has been a historic one in the business. And had brought about a myriad of opinions on what should and should not be done. After all the ifs and buts, the makers have finally rolled &#8230;

Terra 2.0 Prospects: Is LUNA Price Destined To Meet The Fate of LUNC Price?

China is a juggernaut in the global economy whose large and developed population makes it an upper-middle-income country. The use of manufacturing and the availability of cheap labor catapulted the country into becoming one of the economic powerhouses. As the emergence of crypto spread around the globe, China rose to prominence as the hub of the world’s crypto activity. The first crypto exchange launched in China was BTC China in 2011. Since then, many Chinese have joined the bandwagon. This pro-crypto population spurred significant global growth, with many other cryptos launching after bitcoins’ success. While the prospects for crypto users in China seemed brighter than ever, this outlook was short-lived. A reversal in the state of affairs of crypto occurred following changes in the sector. These changes are discussed below. Government Intervention The period between 2010 and 2020 was the most favorable for both the users and cryptocurrencies in China. At the time, the country became the global leader in adopting, mining, and using bitcoin. In early 2013, corporations such as Baidu started accepting bitcoin payments. By 2020, China accounted for nearly two-thirds of global mining activity. However, due to government interventions, this activity dwindled. The interventions are as follows: Government Crackdowns and Regulation In 2021, China turned the tables on the crypto community by introducing regulations and cracking down o...

Cryptoknowmics

China’s FUD on Digital Currencies: Reasons & Implications

The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the recent de-pegging. While stablecoins have had a difficult month, this is a step in the right direction. As per the press [&#8230;]

AMB Crypto

Amid stablecoin market ‘May-hem’, Tether taking new steps to regain lost ground

Recently the web platform dedicated to smart contracts for Blockchain, Ava Labs, was present in one of the new Metaverse projects launched by Yuga Labs. According to reports, the agency had recommended the Otherside metaverse manager to work from AVAX. The Metaverse has been a topic of discussion recently due to the increased participation among...

Ava Labs proposes relocating the Otherside Metaverse to its ecosystem

After experiencing one of the most tragic crashes in the history of cryptocurrency, Terra is looking to revive itself through second life with Luna 2.0 launch. Previously, the network tried different ways of making a comeback but it was unable to do so, as both LUNA and UST lost more than 98% of their value....

LUNA 2.0 airdrop: What centralized exchanges are currently supporting?

The Cardano price analysis shows rising signs as the market shows upside potential. The bulls have somewhat regained their control of the Cardano market, which will change the course of the market for the better, and ADA now expects a complete bullish period to take over in the next few days. However, the bears will...

Cardano price analysis: ADA gains positive momentum at $0.46

The post This Is Why Bitcoin Price Is About To Fall Below $23k, Per Analyst appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideBitcoin holders should be aware that the BTC price. As BTC is about to hit a new 52-week low, according to a well-known crypto analyst and trader. As the crypto markets continue to exhibit symptoms of weakness, pseudonymous trader Capo informs his 322,300 Twitter followers that another sell-off event is in the works for Bitcoin. &#8230;

This Is Why Bitcoin Price Is About To Fall Below $23k, Per Analyst

Saylor praises Bitcoin as an instrument of the economic instrument. The stocks of MicroStrategy (MSTR) are trading up 1.52% in

MicroStrategy CEO Michael Saylor Talks About Bitcoin On Tucker Carlson Tonight

Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark [&#8230;]

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend

TimesNext

Block, Blockstream, and Tesla are Collaborating to Build Sustainable Bitcoin Rig

The most important upgrade in blockchain history is slated for August. And the outcome of the Ethereum merge has huge implications for all of crypto.

Ethereum's Merge is Coming and the Stakes Couldn't Be Higher

The metaverse presents an immersive virtual world where human digital twins interact and mimic everyday social life. Augmented and virtual reality equipment create real-life sensations for the realization of normal stimuli and corresponding responses. However, like any social construct, the potential of experiencing metaverse crime exists, and there is a need to understand what measures need to be in place. First, let us understand why there is crime potential in the metaverse: Metaverses Mimic Real World Human Experiences Metaverse platforms such as Meta take user interaction from the webpages where written words, audio-visual and automated reactions define social experiences. They allow users to get first-hand experience by entering the spaces as avatars that see and engage with other users as people do in real life. The digital twins own property in the form of NFTs, which allow them to trade in decentralized autonomous organizations (DAOs). The digital space with such social interactions carries the danger of exposure to criminal activity such as cyberbullying, assault, and theft. The metaverse crime rate can only reach the highest levels given the lack of defined policing measures that keep up with the evolving technology. The role of policing and legal jurisdiction in the metaverse remains an open-ended question where potential policing objectives and outcomes include: Company based Monitoring Measures against Aggressive...

Actual Idea Behind State Police Maintaining Law and Order in Metaverse

Bitcoin price analysis is bearish today as we have seen more consolidation below the $29,000 as the downside was rejected overnight. Therefore, BTC/USD should soon continue even lower towards the $27,500 support. The market has traded with low momentum over the last 24 hours as a clear direction is yet to be decided. The leader,...

Bitcoin price analysis: BTC rejects downside again, another push from $29,000 next?

NFTs are moving into the mainstream, but this requires a streamlined and trustworthy experience for the general public’s mass adoption.

NFT 2.0: The next generation of NFTs will be streamlined and trustworthy

The global cryptocurrency market witnessed another marginal drop of around 1% over the past day. The total crypto market cap has shrunk to stand at $1.19 trillion. The largest tokens haven’t performed well this month. Due to increased uncertainty, the whales have headed towards the Defi token. ETH whales add $53 mln worth of WBTC The post Whales Accumulating These DeFi Tokens Amid Price Crash appeared first on CoinGape.

Whales Accumulating These DeFi Tokens Amid Price Crash

Summary: Elon Musk has stated via Twitter that Tesla will now start accepting Dogecoin (DOGE) as a payment option for its merchandise. Elon Musk also announced that SpaceX would soon start accepting Dogecoin for its merchandise purchases. The announcement has elicited excitement from the crypto community, as well as suggestions such as Tesla accepting Dogecoin for car payments and Starlink subscriptions via DOGE. Earlier this week, Musk increased his commitment to Twitter&#8217;s takeover bid to $33.5 billion. Elon Musk, the [&#8230;]

Ethereum World News

Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise

The post This Crypto Analyst Predicts 50% Fall For Solana, Avalanche, Polkadot &amp; NEAR Price If Bitcoin Crashes appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideIf Bitcoin (BTC) continues to tumble, four Ethereum (ETH) competitors, according to a renowned crypto expert, have a grim future. Altcoin Sherpa, a pseudonymous trader on Twitter, warns his 176,100 followers that smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT), and NEAR Protocol (NEAR) price are all set to lose nearly half of their &#8230;

This Crypto Analyst Predicts 50% Fall For Solana, Avalanche, Polkadot & NEAR Price If Bitcoin Crashes

For many sex workers, Bitcoin is a way for them to reclaim their financial independence. Crypto allows sex workers do ...Read More...

CoinQuora

Sex Workers Turn to Crypto Amid Stricter Industry Regulations

Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it&#8217;s hated worldwide for its sky-high gas (transaction) fees. Users globally constantly complain about the coin&#8217;s terribly-high transaction prices on various social media platforms. Shockingly, Santiment, an on-chain and metrics platform, published on Twitter a report showing Ethereum&#8217;s transaction prices plummeting to their lowest. The Ethereum Platform Ethereum is a distributed, permissionless, and open-source blockchain that provides users access to a smart contract. It is the second-largest blockchain by market capitalization, following crypto giant Bitcoin. Related Reading &#124; Bitcoin Dominance Remains High As Market Sell-Offs Settle Remarkably, Ethereum offers a p2p (peer-to-peer) network that verifies and executes codes within the platform, known as Smart Contracts. Ethereum GAS Price On the Ethereum network, users are charged some amounts to perform any transaction, buying, selling, swapping, minting, etc. Ethereum previously had a ridiculous record for having very high gas fees for its transactions. Recently, the crypto giant began offering meager transactional charges to its users, as recorded by Santiment. Santiment is a financial market content and data platform for blockchains and cryptocurrencies. The metric platform took to Twitter the news of Ethereum&#8217;s meager transaction prices. As of Tuesday, 24th May...

NewsBTC

Ethereum Gas Fees Touch New Lows, What’s Ahead For Ethereum

OpenSea says it will release more changes in the upcoming weeks.Continue reading OpenSea Updates Design, Users Stay Critical at DailyCoin.com.

Daily Coin

OpenSea Updates Design, Users Stay Critical

Many economic indicators are pointing out that the global economy might see a recession Data indicates that Bitcoin and Ethereum are seeing one of the biggest drawdowns in their history. It is impossible to know if the markets have already bottomed out or not. And you don’t need to time the bottom as long as [&#8230;]The post This Is Why You Don’t Need To Time The Bottom For Crypto Market appeared first on Vauld Insights.

Vauld Insights

This Is Why You Don’t Need To Time The Bottom For Crypto Market

Dapps are expected to be relaunched on the new network very soon. New Luna has not yet been listed on

Terra 2.0 Is Live – Luna Being Airdropped

Legendary investor Bill Miller says the upcoming Ethereum (ETH) switch to a proof-of-stake network will saddle Bitcoin (BTC) with one huge advantage over the top altcoin. In a new interview on The Investor’s Podcast Network, the billionaire investor says ETH’s switch from a proof-of-work to a proof-of-stake consensus mechanism could increase financial inequality, a problem [&#8230;]The post Billionaire Bill Miller Says Upcoming Ethereum Upgrade Will Leave Bitcoin With One Massive Advantage Over ETH appeared first on The Daily Hodl.

The Daily Hodl

Billionaire Bill Miller Says Upcoming Ethereum Upgrade Will Leave Bitcoin With One Massive Advantage Over ETH

As the adoption of cryptocurrencies around the world continues to grow, much has been made about their use as a...  Continue reading  The post Former finance minister of Greece says Bitcoin replacing fiat money would be &#8216;a nightmare&#8217; appeared first on Finbold.

Finbold

Former finance minister of Greece says Bitcoin replacing fiat money would be ‘a nightmare’

FTM is one of the most used smart contracts among the top 500 ETH whales in the last 24 hours. ...Read More...

FTM One of Most Used Smart Contacts in Last 24 Hours

Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The plan aims to fix USDN&#8217;s depeg and the liquidity crisis (a bank run) that soon followed on Vires Finance. Waves&#8217; plan will consist of four steps in collaboration with the Waves community. As the crypto-verse focused on UST&#8217;s depegging and the LUNA inflation that caused a massive crypto market pullback, [&#8230;]

WAVES Announces DeFi Revival Plan To Fix the Aftermath of USDN’s Depeg and the Liquidity Crisis at Vires Finance

The post Cardano Price Now Under Threat Of The Falling TVL? Will ADA Rebound Until The Onset Of June? appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto Guide&#160;While the crypto town has been gaga over Terra 2.0 (LUNA). Another prominent cryptocurrency, which is sailing towards an imperative week is Cardano. The Ethereum killer has been rolling up its sleeves for its Vasil hard fork. However, the dropping TVL now seems to be a thorn in the flesh. As ADA price continues to &#8230;

Cardano Price Now Under Threat Of The Falling TVL? Will ADA Rebound Until The Onset Of June?

Lawyer and entrepreneur has warned Tesla boss that he may get in legal trouble with the SEC over Dogecoin

U.Today

Elon Musk Gets Warning about Dogecoin and SEC from Crypto-Law Founder

Local low update from January 2021. This is the main achievement of sellers in the fall from April 2021. Stopping the price near $16 buyers began to form a global rebound and correction of the fall wave from November 2021. Although the ETC price fell much below the lows from May-July 2021 buyers behave much more confidently than in other cryptocurrencies. https://www.tradingview.com/x/dTX9KwpE/ In the weekly timeframe, we see that the weekly candle from 23 May was able to test the mark of $25. This mark was the reason for the failure of the ETC price to $16. On the one hand, buyers could not take control of this mark and talk early about their strength. However, on the other hand, few cryptocurrencies have been able to organize such a growth wave and so decently keep the price during the fall of the BTC. Therefore, if you keep the $19 mark, you should think about buying an ETC with a first target of $25 and a final one of $35. Quite modest targets that do not predict a change in the downward trend from November 2021. Technical Analysis Of ETC On The Daily Timeframe https://www.tradingview.com/x/G4Wk7ZdR/ If on the weekly timeframe of the ETC price movement the price rebound did not even begin, then the daily timeframe indicates the first successes of buyers. The newly created local trend of buyers from 23 to 25 May stormed the $25 range. The growth took place in increased volumes, which is a rarity in the current realities of ...

ETC Technical Analysis: $19 Is The Key To Success

Mike Braun, Tom Cotton, and Marco Rubio insisted that China's digital yuan should be prohibited from usage in American app stores.

American Politicians Want to Limit China’s CBDC Usage in US App Stores

Solana has suffered blights of operational issues in the past with the most memorable being a failure to process transactions for hours.

ZyCrypto

Solana’s Blockchain Is Running 30 Minutes Behind Schedule – Here’s What It Means For The Network

Unfortunately, the global correction of cryptocurrency is not over yet. The weekly timeframe shows that the price stop in the $18-$23 range is a temporary stop. The main target of sellers is $11.5. This is the only liquidity level that is noticeable on the weekly timeframe after the $46 mark. AXS uncorrected growth had its advantages. Now stopping the wave of November 2021 is just as difficult, as there are no big buyers willing to buy AXS together in one place on the chart. Therefore, even if the AXS price rebounds from $18-$23 to $32, we will expect the downward trend of this cryptocurrency to continue. https://www.tradingview.com/x/HjaHHWYL/ If you look at the trend channel of the cryptocurrency AXS, you can conclude that the price fall is beginning to accelerate. While trading volumes remain small. The only trading week that gave hope to AXS investors – from 9 May. Slightly increased volumes and a large pin down gave buyers a chance to counterattack. Though, this counterattack was not realized. Therefore, if you are looking for where to buy AXS cryptocurrency – you should place limit orders in the range of $10-$11. Technical Analysis AXS On The Daily Timeframe https://www.tradingview.com/x/MUsSBUS1/ In addition to the global initiative, which buyers have lost since November 2021, the local initiative has also been lost. On the daily timeframe you can see that during 11-12 May the range is $19-$19.5. This range proved its i...

AXS Technical Analysis: Risk Of Falling To $10

Summary: A report by Nansen has concluded that UST&#8217;s depegging was likely kickstarted by seven well-funded wallets within the Terra ecosystem. The wallets withdrew UST from Anchor on Terra, bridged the funds to Ethereum via Wormhole, and swapped significant amounts of UST to other stablecoins in Curve&#8217;s liquidity pool. As the UST depeg happened, the wallets likely arbitraged inefficiencies between pricing on Curve, DEXs, and CEXs. The report also refutes that UST&#8217;s depegging was carried out by attackers or hackers. [&#8230;]

UST’s Depeg Likely Caused by Seven Well Funded Terra Wallets – Nansen Report

The Terra team made the much awaited announcement for Terra Luna 2.0 launch on Saturday. The team activated the Terra 2.0 Pheonix-1 mainnet by generating the first block on the blockchain network. What Is Terra 2.0 On May 25, Terra Classic users passed the governance proposal which outlined the genesis of a new Terra chain. The post What Is Terra LUNA 2.0, Here’s All You Need To Know appeared first on CoinGape.

What Is Terra LUNA 2.0, Here’s All You Need To Know

As part of the transition to Terra 2.0, LUNA coins will be airdropped to LUNC, USTC, and aUST holders based ...Read More...

LUNA Airdrop Eligibility Dependent on Variety of Factors

JP Morgan is taking more profound steps in blockchain technology in recent development. This new generation bank now uses blockchain in maintaining its collateral statements. According to the report, JPMorgan Chase &#38; Co has completed its pilot transaction on a blockchain. The use of blockchain technology and its application is widely spreading to different sectors [&#8230;]

Bitcoinist

JP Morgan Embraces Blockchain Technology Yet Jamie Damon Stays Critical Of Bitcoin

UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were gaining in the market....Read More: USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?

aelf (ELF)

Om aelf (ELF)