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Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates ...
16/05/2022

Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins lost their peg and the demise of one of the top decentralized finance (DeFi) platforms sparked an event that resulted in $900 billion vanishing from the total crypto market capitalization. In the midst of the widespread fallout, MakerDAO (
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Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins l

On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem ...
16/05/2022

On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant market volatility and inherent protocol design flaws wiped out a vast majority of the blockchain's market cap. As told by Kwon, Terraform Labs will put forth a new governance proposal on May 18 to fork the Terra Luna blockchain called Terra (
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On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant marke

In briefFrom Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations.Long...
16/05/2022

In brief
From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations.
Long positions took the brunt at the beginning, while short positions got burnt later in the week.
Think you had a bad week? Try being a crypto day trader.
From Sunday, May 8—when the TerraUSD stablecoin began losing its peg to the U.S.
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In brief From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations. Long positions took the brunt at the begin

After touching its lowest price in 2022, Solana (SOL) has rallied over the last few hours. The coin had struggled to cro...
16/05/2022

After touching its lowest price in 2022, Solana (SOL) has rallied over the last few hours. The coin had struggled to cross above $50 after two consecutive days of severe losses. But it seems there is some bullish momentum right now that could push it further. Here are the details:

SOL has reclaimed the $50 price after surging nearly 20% over the last 24 hours.
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After touching its lowest price in 2022, Solana (SOL) has rallied over the last few hours. The coin had struggled to cross above $50 after two consecutive days

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,50...
16/05/2022

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities.
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Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies i

Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial auth...
16/05/2022

Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitcoin rollout among other things.
According to the Twitter thread that followed the tweet about the meeting to “discuss financial inclusion, digital economy, banking the unbanked, the
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Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitc

Back in April, a Colorado-based bitcoin mining company announced they would be expanding its operations to Corsicana, Te...
16/05/2022

Back in April, a Colorado-based bitcoin mining company announced they would be expanding its operations to Corsicana, Texas, in efforts to use enough power that could light up to 200,000 homes.
As one of the country’s largest bitcoin (BTC) miners, Riot Blockchain (RIOT)
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Back in April, a Colorado-based bitcoin mining company announced they would be expanding its operations to Corsicana, Texas, in efforts to use enough power that

Confidence in crypto is alive despite the collapse of Terra, as two major Wall Street players invest in Elwood Technolog...
16/05/2022

Confidence in crypto is alive despite the collapse of Terra, as two major Wall Street players invest in Elwood Technologies, a crypto trading software provider.
Barclays and Goldman Sachs have invested in Elwood Technologies, formerly known as Elwood Asset Management, hoping that the $500 million company will be able to attract institutional investment.
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Confidence in crypto is alive despite the collapse of Terra, as two major Wall Street players invest in Elwood Technologies, a crypto trading software provider.

The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is ...
16/05/2022

The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is trading at $33.40, which is sharply above last week’s low of $22.38. The coin has crashed by more than 77% from its all-time high, bringing its total market cap to about $8.8 billion.
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The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is trading at $33.40, which is sharply abov

A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declar...
16/05/2022

A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law.
The Court also deemed Bitcoin to have economic value.
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A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protect

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16/05/2022

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Check this video on YouTube

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more g...
16/05/2022

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.Square Enix (SE) is a Japanese game developer with $3 billion in assets under management according to its latest earnings report.
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Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term

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16/05/2022

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Key TakeawaysDapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fun...
16/05/2022

Key Takeaways

Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fund to support its ecosystem.
It's the largest stimulus fund used for supporting the growth of a blockchain ecosystem.
Flow hosts NBA Top Shot and a variety of other NFT and gaming projects.
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Key Takeaways Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fund to support its ecosystem. It's the

Check this video on YouTube # # # # # # #
16/05/2022

Check this video on YouTube
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Check this video on YouTube

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