Australia’s First Crypto ETF Launched | Curated CoinCodeCap #12 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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On this episode we talk about the journey of Tezos and building the Tezos ecosystem with its co-founder Arthur B
Australia’s First Crypto ETF Launched
On Thursday, a five-year race to launch the first spot bitcoin exchange traded funds in Asia-Pacific came to a halt. The Securities Exchange ETF and ETF, which were created in collaboration with Switzerland-based 21Shares, began trading on the Australian Cboe Exchange this morning. On the same exchange, the ETF was also introduced today. Keep Reading »
Binance to Delist LUNA Perpetual Futures Tonight
In an official statement, Binance Futures announced the currency-marginalized LUNA perpetual contract would be settled automatically on May 12, 2022 (UTC) and delisted. The USDT-Margined LUNA Perpetual Contracts’ leverage and margin levels will be adjusted. All current positions will be kept unchanged. Each tier’s maximum leverage and starting margin rate have been changed. Keep Reading »
Grayscale met with SEC to discuss Bitcoin ETF conversion
Grayscale, leading asset manager, had met privately with the Securities and Exchange Commission(SEC) recently to convince the regulator to approve the conversion of its flagship fund into an ETF. Keep Reading »
FSB Chair states Crypto Markets Could Soon Threaten Global Financial Stability
The Chairman of the Financial Stability Board (FSB), Klaas Knot expressed concern about the unregulated cryptocurrency sector hampering financial stability at the annual meeting of the International Swaps and Derivatives Association in Madrid. Keep Reading »
Hunter Global Rug Pulled, Around $1.2M Stolen
The team wallet address receives a small portion from adding liquidity, selling, and removing liquidity. Also, The team wallet address removed liquidity in 4 transactions, which approximately equals 305,479,711 HOUND. Here are links to transactions which were involved removing liquidity: Keep Reading »
Cashera Rug Pulled, Around $90K Stolen
Cashera is rug pulled as 23,000,000 CSR tokens were minted and swapped by the contract deployer address, which caused a 71% price drop, and around $90K were taken. Keep Reading »
Is NewAge a Scam Project?
We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert. Keep Reading »
Is GOAT a Scam Project?
The Team has implemented a New Tax Structure Through Community Input after this price drop on May 10th, 2022. Tax is now at a 30% tax, including 22% liquidity and 6% marketing. Liquidity is locked now til Dec 10th. It’s now at 99.7%. All this information was released on their Official Telegram channel. Keep Reading »
Nubank has Begun Trading in Bitcoin and Ether
Nubank, a significant fintech company and one of the world’s largest digital banking systems, has entered the cryptocurrency trading sector. In line with its aim of expanding its product portfolio to meet the demands of all of its clients, the firm introduced an exclusive in-app crypto trading experience in Brazil today, initially offering Bitcoin and Ethereum trading for BRL $ 1.00 (the US $0.20). Keep Reading »
Brian Armstrong Assures Investors That Coinbase won’t go Bankrupt
Brian Armstrong stated in a tweet that the company is not in danger of going bankrupt anytime. He reassured all its investors that their assets would be safe with Coinbase as it has always been. Keep Reading »
Coinbase CEO Says ‘Informal Pressure’ From RBI led to the Halt of UPI-Based Crypto Transactions
The Indian government is yet to decide the status of digital assets in the country. This year, the regulators have already imposed a 30% tax on crypto gains and are yet to decide if they should levy a 28% GST as well. Keep Reading »
FASB to examine Accounting Rules for Digital Assets Held on Balance Sheets
The Financial Accounting Standards Board (FASB) unanimously decided on Wednesday to handle the recognition and measurement of digital assets, this can be a major milestone amid a global meltdown in the cryptocurrency market. Considerations on accounting for exchange-traded digital assets and commodities would be held in this context. Keep Reading »
Market Updates
ADA Price Analysis May 2022
ADA is a coin of platform Cardano. Its current price is around $0.7763 by writing, with a low of $0.7424, and has a market cap of 26.2 billion dollars. Keep Reading »
NEXO Price Analysis May 2022
NEXO is a token of the platform Nexo. Its current price is around $2.52 by writing, with a low of $1.05, and has a market cap of 1.4 billion dollars. Keep Reading »
ZRX Price Analysis April 2022
ZRX is a token of platform 0x. Its current price is around $0.8124 by writing, with a low of $0.4514, and has a market cap of 688 million dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
Crypto to look out for this week BTC, ETH, ALGO, 1INCH, PAXG
There are a lot of Defi tokens that have been doing well in the market recently, but there are also some that are undervalued and could be great buys in May. These tokens are not only profitable but also have a good reputation. So here are the top 3 Defi tokens to buy in May 2022. Keep Reading »
Top 3 Defi Tokens to Buy in May 2022: RUNE, LINK, CAKE
There are a lot of Defi tokens that have been doing well in the market recently, but there are also some that are undervalued and could be great buys in May. These tokens are not only profitable but also have a good reputation. So here are the top 3 Defi tokens to buy in May 2022. Keep Reading »
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