Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility

Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs. дальше »

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Binance signs MOU with Kazakhstan to further crypto adoption and regulation

Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.

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DeFi Platform Lido Votes Against Supporting New Terra Blockchain

Terra's revival plan was approved by network validators earlier Wednesday. дальше »

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Bitcoin Falls Under The Jurisdiction Of The CFTC – Asserts SEC’s Gensler

On Wednesday, Gary Gensler suggested that Bitcoin is a commodity token that would fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Testifying before a subcommittee of the U. дальше »

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“I Started Using Uniswap in Prison”: Martin Shkreli

Shkreli was released from prison Wednesday. Martin Shkreli Talks DeFi Martin Shkreli, the so-called Pharma Bro who became notorious for hiking the price of the life-saving drug Daraprim by over... дальше »

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Axie Infinity’s Discord Hacked, Criminals Send Fake Minting Message

Axie Infinity, one of the most popular P2E BFT games, faced another hacking attempt on its Discord server earlier on Wednesday. The cybercriminals compromised the game’s Discord bot, MEE6, making it send out fake mint announcements. дальше »

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MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report

Andrew Kang spoke to the Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy. дальше »

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Bitcoin and the Dow meet in middle and close in on $30K

Following the latest stock market plunge Wednesday, with stocks closing down close to 4%, the Dow Jones is trading at 31,500. In what would have seemed improbable not too long ago, the index is now staring down the barrel at the psychologically important 30,000 level. дальше »

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2 reasons why the Ethereum price is plummeting

Ethereum price drifted lower on Wednesday as its correlation with the Dow Jones and…

The post 2 reasons why the Ethereum price is plummeting appeared first on Coin Journal.

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Polkadot awards Manta $750K to advance ZKP for Web3 privacy

Polkadot Pioneers Prize, a treasury with 20 million DOT tokens and which targets driving development within the Polkadot ecosystem and Web3, has awarded $750k to Manta Network, the blockchain platform confirmed in a news release shared on Wednesday. дальше »

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SEC’s Gensler Uses Crypto Oversight Needs as Case for Higher Budget

Gary Gensler, the head of the Securities and Exchange Commission, made a pitch for a higher budget Wednesday, telling lawmakers in the U. S. House of Representatives that he wants to do more as a cop on the cryptocurrency beat. дальше »

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Early polling from Terra vote indicates 91% are in favor of 'rebirth'

Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens. дальше »

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Coinbase Forms Crypto Think Tank, Names Hermine Wong as Director

Coinbase Global (COIN) launched a a crypto-native think tank dubbed the Coinbase Institute to fuel ideas across the digital ecosystem on Wednesday. дальше »

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Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow

Block executives spoke during the company’s annual investor day on Wednesday. дальше »

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Brazil’s Largest Digital Bank Set To Start Bitcoin And Ethereum Trading Services

The wave of crypto adoption in Latin America shows no signs of slowing down. On Wednesday, Paxos confirmed that Brazil’s most valuable digital bank, Nubank, would be offering crypto trading services to its clients. дальше »

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Bitcoin Falters After Federal Reserve’s Largest Rate Hike In 22 Years

The Bitcoin price managed to crawl higher on Wednesday, May 4 after a miserable open to the week on Monday. The cryptocurrency bounced back alongside equities following the United States Federal Reserve’s decision to raise interest rates by 0. дальше »

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Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks

Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, Terra founder Do Kwon came up with a roadmap to restore UST’s peg. дальше »

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Stablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen

Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly depegged from the dollar to hit $0.96 on Wednesday.

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Terra Outlines Emergency Plans To Save LUNA And UST

Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […] дальше »

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Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets

Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings. дальше »

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Bitcoin Plunges To Lowest Level Since January 2021

Bitcoin’s price revisited early 2021 levels on Wednesday as the currency struggled to maintain the $30,000 zone. дальше »

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Market Wrap: Cryptos Extend Losses as LUNA Plunges

Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana's SOL token saw a 30% dip. Option traders are seeking downside protection. дальше »

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Hoskinson blasts VCs, ‘Wall Street types’ for downturn in crypto markets

Cardano founder Charles Hoskinson posted a video on Wednesday sharing his views on the crypto market downturn. The post Hoskinson blasts VCs, ‘Wall Street types’ for downturn in crypto markets appeared first on CryptoSlate. дальше »

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'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg

DAI briefly surpassed UST as the biggest DeFi stablecoin on Wednesday. дальше »

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5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties

Regulators in five U.S. states issued emergency orders on Wednesday requiring a metaverse casino with alleged Russian ties to immediately halt the sale of its non-fungible tokens (NFTs), citing fraud, deceit and registration violations. дальше »

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Shiba Inu Vs. Dogecoin And LUNA: Which One Will Survive The Crypto Carnage?

Shiba Inu is proving that despite the previous weeks’ turmoil in the broader crypto market, it can stand its ground and be unfazed by what’s going on. Following a severe selloff in the previous session, major crypto tokens recovered on Wednesday. дальше »

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California’s Governor Signs Executive Order To Regulate Blockchains

On Wednesday, California’s Governor Gavin Newsom signed an executive order aimed at fostering blockchain innovation in the state. дальше »

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Gucci Announces Crypto Pilot Program; Will Pool BTC Price Values in Real-Time

On Wednesday, luxury fashion house Gucci announced a pilot crypto program that will begin at the end of this month. The post Gucci Announces Crypto Pilot Program; Will Pool BTC Price Values in Real-Time appeared first on BeInCrypto. дальше »

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Decoding what Bitcoin ETF data signifies for the flagship token's future

There is a cloud of uncertainty currently looming over Bitcoin especially ahead of Wednesday’s critical announcements.  The charts may not provide any clarity over what to expect but a look at on-cThe post Decoding what Bitcoin ETF data signifies for the flagship token's future appeared first on AMBCrypto. дальше »

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Drops DAO Mainnet Finally Goes Live, Adding NFTs As Collateral

Drops DAO, a decentralized lending network based in Lithuania, has officially announced that its mainnet version will go online on Wednesday, May 4, 2022. The mainnet’s debut gives users and community members access to the Drops ecosystem, allowing them to interact with and use all of the ecosystem’s features. дальше »

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LGT To Offer Bitcoin And Ether Trading Services To Customers In Switzerland and Liechtenstein

It appears that traditional wealth managers have caught the crypto fever. On Wednesday, SEBA bank revealed that it had been chosen by LGT Bank to provide digital asset services to its customers. LGT Crypto Services Restricted To Switzerland And Lichtenstein With Eyes Set On Expansion On Wednesday, SEBA bank revealed that LGT Bank will now […] дальше »

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Bitcoin Touches $40,000 As Fed Raises Rates In Biggest Hike In 20 Years

The Federal Reserve raised rates by 50 basis points on Wednesday in its latest attempt to curb inflation in the U.S. дальше »

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Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants. дальше »

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Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet

Federal Reserve chair Jerome Powell announced Wednesday that the central bank will start shrinking its balance sheet and lift the fed-funds rate by a 0.5 percentage point. дальше »

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Zilliqa price prediction: break and retest formation in progress

The Zilliqa price went vertical on Wednesday as investors rushed to buy the coin’s… The post Zilliqa price prediction: break and retest formation in progress appeared first on Coin Journal. дальше »

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Lido Briefly Becomes Top DeFi Protocol by TVL With $20B Staked

Lido Finance momentarily became the leading DeFi protocol by TVL on Wednesday, leapfrogging Curve. дальше »

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Web3 game platform Particle Network raises $1.5M in funding led by LongHash Ventures

Web3-focused venture firm LongHash Ventures has led a $1. 5 million pre-seed financing round for Particle Network, a mobile game developer dedicated to advancing the Web3 gaming ecosystem. Per an announcement shared with Invezz on Wednesday, the funding round also included investments from Insignia Ventures Partners, 7 O’clock Capital, CyberConnect, BitCoke Ventures, FSC Ventures and Monad […] The post Web3 game platform Particle Network raises $1. дальше »

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Happy birthday, Hal Finney: Crypto community honors world's first known Bitcoiner

Hal Finney, a computer scientist and the world’s first publicly known Bitcoiner, would have celebrated his 66th birthday Wednesday. дальше »

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Marathon Digital Kicks Off Miners’ Earnings Season With Focus on Rig Deployment, Funding

The miner will report its first quarter earnings on Wednesday, followed by its first-ever conference call with analysts and investors. дальше »

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Bitcoin: Indications point to a bull cycle post current accumulation, here's why

Bitcoin, the largest cryptocurrency began the month of May amidst a cloud of uncertainties. With a decision on United States monetary policy due Wednesday, markets attempted to align themselves with cThe post Bitcoin: Indications point to a bull cycle post current accumulation, here's why appeared first on AMBCrypto. дальше »

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Feds Expected to Hike Interest Rate Again as Crypto Market Falters

With the Federal Open Market Committee (FOMC) scheduled to meet on Wednesday, some analysts expect interest rates to rise to combat inflation. The post Feds Expected to Hike Interest Rate Again as Crypto Market Falters appeared first on BeInCrypto. дальше »

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Meta’s Revenue Might Have Surged In Recent Q1 Report But Things Are Thick For Its Metaverse

For the second time since its rebrand, Meta posted its Q1 earnings Wednesday, eliciting mixed reactions from investors. But first, the company recorded an increase in Daily Active Users (DAUs) at 1. дальше »

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New York’s Mayor Wants to Scrap Its BitLicense Rule; But Not Everyone Agrees

On Wednesday, New York mayor Eric Adams raised concern from financial watchdogs after he suggested that New York scrap its seven-year longstanding BitLicense rule - but not everyone agrees. The post New York’s Mayor Wants to Scrap Its BitLicense Rule; But Not Everyone Agrees appeared first on BeInCrypto. дальше »

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Telegram Rolls Out Crypto Payment Via Chat

Sending crypto is now just a message away with Telegram’s newest feature. The messaging app is now introducing crypto payments via The Open Network (TON), its official wallet bot. On a Twitter post Wednesday, the instant messaging app announced that they would be rolling out sending and receiving of crypto via TON Token. This is […] дальше »

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UAE Real Estate Giant To Accept Bitcoin, Ethereum As Payment For Posh Abodes

Damac Properties, a prominent real estate developer based in Dubai, United Arab Emirates, announced Wednesday that it would begin taking Bitcoin and Ether payments for its luxury properties. Damac stated that enabling the acquisition of premier real estate via bitcoin and other cryptocurrencies will transform the future of global property development. Damac has also announced […] дальше »

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Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

Bitcoin (BTC) and other cryptos stabilized on Wednesday along with stocks. Some analysts are monitoring risks of a recession, which could weigh on speculative assets. Volume and volatility remain light. дальше »

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Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M

Crypto markets lost some 3.5% in capitalization over the past 24 hours but seemed to gradually recover in European morning hours on Wednesday. дальше »

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UAE Grocery Delivery Service Accepts Crypto Payments

YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders. While some governments evade the possibility of adopting metaverse and cryptocurrency, UAE has been an open city for crypto. дальше »

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New York Man Arrested for Alleged $1.8M Crypto Mining Scam

The Federal Bureau of Investigation (FBI) arrested a 37-year-old man on Wednesday it says defrauded more than a dozen victims out of a total of $1.8 million in a long-running crypto mining scam. дальше »

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BitRiver Calls OFAC Sanctions ‘Unfair’ Anti-Competitive Move to Benefit US Miners

The firm and 10 of its subsidiaries were added to OFAC's list of designated nationals subject to sanctions on Wednesday. дальше »

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