Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1
China’s advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund. Go to Source Powered by WPeMatico
Month: June 2022
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds yet, which are to finance the construction of the Bitcoin … Read more
Top 3 Metaverse Crypto Coins With a Market Cap Below $5 Million to Watch in June 2022
Cryptocurrency markets are showing slight bearish momentum today as Bitcoin and Ethereum struggle to hold support. Metaverse crypto coins are also struggling today as most projects are down a few percent. The good news is that the current bear market makes for an excellent opportunity to accumulate low market cap coins that could see significant … Read more
Chainlink launches price feeds on Solana to provide data to DeFi developers
Solana co-founder Anatoly Yakovenko noted that the integration will be beneficial to DeFi developers building on the platform. Go to Source Powered by WPeMatico
Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Bitcoin ETPs now have more BTC under control on behalf of clients than ever before. Go to Source Powered by WPeMatico
Terra 2.0: A crypto project built on the ruins of $40 billion in investors’ money
Terra 2.0 launced with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate for the failure of another is a bad idea. Go to Source Powered by WPeMatico
Terra 2.0 (LUNA) Price Trades Sideways, Terra Classic Continues to Lose Value
With Bitcoin facing bearish momentum once again, falling below the $30k level, Terra 2.0 (LUNA) continues to trade sideways at the $6 level, and Terra Classic (LUNC) loses yet another zero, currently trading at $0.00009454 with a market capitalization of $617 million and falling. Let’s look at any relevant news regarding LUNA and LUNC and … Read more
Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday. WAVES While crypto markets have been either falling or consolidating over the past week, WAVES has continued … Read more
Binance Labs Launches $500 Million Web3, Blockchain Fund
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using Web3 and other … Read more
New York AG warns against crypto investments amid state push to ban mining
New York Attorney General Letitia James has issued an investor alert against “risky cryptocurrency investments,” citing the assets’ volatility. Go to Source Powered by WPeMatico
