ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market. Go to Source Powered by WPeMatico
Month: May 2022
Report: Tanzania Closer to Launching a CBDC
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies According to Florens Luoga, the governor of Tanzania’s central bank, his country is inching … Read more
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S. Go to Source Powered by WPeMatico
Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
Bitcoin dominance has spiked to six-month highs at Ethereum’s expense as ETH/BTC suffers big losses. Go to Source Powered by WPeMatico
Tether to move over 1B USDT from Tron to Ethereum and Avalanche
One billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche. Go to Source Powered by WPeMatico
PancakeSwap governance proposal set to cap CAKE supply at 750M
A snapshot motion issued by the PancakeSwap team received over 11 million CAKE votes since commencement, with the majority of participants favoring the v2 evolution. Go to Source Powered by WPeMatico
Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday. Go to Source Powered by WPeMatico
Coinbase CEO says funds are safe amid bankruptcy protection fears
Brian Armstrong, co-founder and CEO of Coinbase, responded to fears surrounding a disclosure that the company made in its recent report. Go to Source Powered by WPeMatico
Leaked report: South Korea to establish crypto framework by 2024
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. Go to Source Powered by WPeMatico
Bitcoin ‘kisses’ $24K realized price after 2nd highest seller losses in history
The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets. Go to Source Powered by WPeMatico