Crypto News Today

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Ether and Altcoins Lead Crypto Rout as Terra DeFi Fallout Deepens

Solana, Avalanche and Polkadot prices tumble as much as 20%. Bitcoin drops less as largest cryptocurrency serves as a haven.

Yesterday
Mike Novogratz: The Correlation Between Bitcoin and Stocks Will Soon Vanish
 

Mike Novogratz, a bitcoin bull, says that the currency will eventually lose its correlation with the stock market as it becomes mature.

Yesterday
Bitcoin Evangelists Remain Enthusiastic Despite Crypto Rout

The cryptocurrency market has lost over $1.6 trillion since November, but that hasn't tempered the passion of the bitcoin evangelists.

4 days ago, on 23/05/2022
NFTs Are Put to New Use in China, Countering Censorship During Pandemic
 

Internet users are turning to blockchain technology to prevent content including images, videos and social-media posts from disappearing

6 days ago, on 21/05/2022
Ethereum ‘merge’ will happen in August, says Ethereum co-founder

After years of delays, Ethereum co-founder Vitalik Buterin confirms that the “merge” will finally happen this summer. The merge is a highly anticipated upgrade to Ethereum that, if all goes smoothly, will shift the major blockchain from a proof-of-work mechanism to proof-of-stake.

7 days ago, on 20/05/2022
FTX US Launches FTX Stocks Offering Trading on US Listed Equities & ETFs

FTX Stocks offers trading and investing in hundreds of US exchange-listed securities, including common stocks and ETFs, in an integrated experience within the existing FTX US cryptocurrency trading application. The launch will commence in a private beta phase for select US customers chosen from a waitlist.

8 days ago, on 19/05/2022
Binance’s Luna investment was worth $1.6 billion. Now it’s less than $3,000

In 2018, Binance put $3 million into Luna and received 15 million tokens in return. At Luna’s price peak in April, those tokens were worth $1.6 billion, Binance CEO Changpeng Zhao said in a Monday tweet. At Luna’s price now, the tokens are worth about $2,391.

11 days ago, on 16/05/2022
FTX's billionaire chief says bitcoin has no future as a payments network

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.

11 days ago, on 16/05/2022
Nouriel Roubini oversees the development of tokenized dollar replacement
 

Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.

17 days ago, on 10/05/2022
UST stablecoin struggles to maintain $1 parity amid crypto market turbulence
  

During the market event, the price of UST hit a low of $0.9857 on Binance against USDT.

19 days ago, on 08/05/2022
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
 

Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

19 days ago, on 08/05/2022
Gucci will accept cryptocurrency in stores

Italian fashion house Gucci will allow cryptocurrency payments in some stores in the US. Forms of crypto accepted include Shiba Inu, Bitcoin, and Dogecoin.

21 days ago, on 06/05/2022
Bitcoin Price Drops below $37K. BTC Price To Retest $27K Before Bullish Reversal
  

Bitcoin fell 8% in under 24 hours, dipping below $36,000 before stabilising. The crypto market as a whole dropped 7% within the same time period, with Ethereum losing 7% from yesterday’s price and the rest of the top 10 losing between 5% and 9%.

21 days ago, on 06/05/2022
Central African Republic becomes the second country to adopt Bitcoin as legal tender

The Central African Republic (CAR) became the second country in the world after El Salvador to adopt Bitcoin as legal tender. It is also the first to accept it as an official currency.

25 days ago, on 02/05/2022
Bored Ape Yacht Club caused Ethereum fees to soar to astronomical levels
 

A new NFT release from the Bored Ape Yacht Club overwhelmed the Ethereum network on Saturday night, causing gas fees to rise to thousands of dollars.

25 days ago, on 02/05/2022
Metaverse Investing: Bored Ape Creator to Sell $300 Million in Virtual Land
 

Yuga Labs plans to sell digital non-fungible token "deeds" to virtual real estate in its new game "Otherside."

27 days ago, on 30/04/2022
Swiss National Bank opposed to holding bitcoin as a reserve currency

The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting on Friday.

28 days ago, on 29/04/2022
Bitcoin in your 401(k)? Fidelity just introduced it as an option

The investment firm set a limit at 20% for digital assets, though employers can lower that for their plan participants if they want

29 days ago, on 28/04/2022
Mark Cuban, other investors warn about risks associated with algorithmic stablecoins
 

Popular stablecoins such as Tether and USD Coin are backed by reserves of US dollars and other assets, preventing their prices from rapidly changing like those of some other digital tokens.

30 days ago, on 27/04/2022
4 Things That Need to Happen for Bitcoin to Reach $1 Million (By 2030)
  

Despite being so volatile, history shows us that bitcoin has been the best performing asset of all time. It has outpaced stocks, commodities, and bonds.

31 days ago, on 26/04/2022
Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips
  

Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart "death cross."

31 days ago, on 26/04/2022
Bitcoin is plunging again as central bank interest rate hikes pull investors away
 

Bitcoin extended this month’s losses in Monday trade as investors shied away from risk assets amid a more hawkish outlook for Federal Reserve policy tightening.

32 days ago, on 25/04/2022
King of the 'Lunatics' Becomes Bitcoin's Most-Watched Whale
 

Do Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some critics liken to a ginormous Ponzi scheme.

38 days ago, on 19/04/2022
Terra's UST flips BUSD to become third-largest stablecoin
 

The Terra blockchain's algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. The asset now trailing only behind industry giants Tether (USDT) at $82.8 billion, and USD Coin (USDC) at $50 billion.

39 days ago, on 18/04/2022
Bitcoin To Be "Well Above $50,000" by End of Year, SHIB To Reach $0.001
  

Bitfinex CTO Paolo Ardoino expects bitcoin to be "well above $50,000" by end of the year. Mike Novogratz, Galaxy Digital CEO doubled down on his $500,000 future prediction for bitcoin.

40 days ago, on 17/04/2022
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