YouTube revokes Ban on crypto Finance Channel Bankless | Curated CoinCodeCap #10 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:
Our Blockshots Podcast 🎙️🎤
On this episode we talk about the journey of Tezos and building the Tezos ecosystem with its co-founder Arthur B
Cryptocurrencies may Soon Attract 28% GST Like Betting and Casinos in India
Earlier this year, the Finance Minister, Nirmala Sitharaman, imposed 30 percent taxes on crypto gains. However, debates regarding the legal status of digital assets in the country are ongoing. It has been revealed recently that the government also has plans to levy more taxes on cryptocurrencies. Keep Reading »
LUNA Price Drops Over 56% in Last 24 hours, UST Loses Dollar Peg for 2nd time in 48 hours
Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. On the other hand, TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. Keep Reading »
Tanzania Shifts Closer to Own Digital Currency
As per Bloomberg’s recent tweet, Tanzania is all set to introduce a central bank digital currency. This initiative is to help offset the surging popularity of cryptocurrencies in the country. Keep Reading »
Binance Announces Partnership with Brazil’s Soccer Federation
Binance is sponsoring four elite football tournaments: the Brasileiro Assa, Brasileiro Female Neoenergia, Brasileiro Female A-2, and Brasileiro Female A-3. This three-year partnership will entail Binance’s brand being associated with these competitions, as well as Fan Tokens that will reward interactive users and NFTs. Keep Reading »
Music icon Madonna Collaborates with Beeple to Launch New NFT Collection
Madonna has launched a new NFT collection in collaboration with renowned digital artist Beeple. Madonna took to Twitter to announce the new NFT collection, which will be up for auction on the SuperRare NFT marketplace on May 11 at 3 pm PST / 6 pm EST. She further added that all proceeds from the NFT collection sale would benefit The City of Joy, Black Mama’s Bail Out, and The Voices of Children Foundation. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. Keep Reading »
KuCoin raises $150M in Pre-Series B Funding to Boost its Web 3.0 Presence
KuCoin has revealed that it has raised $150 million in its pre-Series B funding round to develop an innovative Web 3.0 exploration. The funding increased the value of KuCoin to $10 billion. Jump Crypto led the round, which included participation from several investment funds, including Circle Ventures, IDG Capital, and Matrix Partners. Keep Reading »
Gray Boys Discord Hacked
According to the official information from Gray Boys, the account of their community moderator Glop was compromised. The team has advised everyone that they are not minting, and users should not click on any links in the Discord. The team didn’t lose control of the Discord, but they did have some fake accounts posted as community moderators during the attack. Keep Reading »
Is Day of Defeat a Scam Project?
According to the official statement on their Telegram channel, there was a major sell-off by the marketing wallet and transitional wallet. But as of now, the contract is safe, and they have switched to new wallets. They have also apologized to all our holders for this unforeseen unfortunate event. Keep Reading »
FTX Launches Cash-Assistance and Financial Inclusion Program
The digital asset exchange, FTX announced the official opening of its headquarters in Chicago. The president of the company, Brett Harrison shared this news on Twitter expressing his joy upon achieving this milestone. Keep Reading »
The KMSKA Museum Tokenizes a Million-Euro Masterpiece With ERC-3643 Standard
After the acceptance of digital assets by the sports community, the arts community is also gearing up to step into the crypto space. On May 9, the Royal Museum of Fine Arts Antwerp deemed it fit to provide democracy to art investment. Therefore, the European museum partnered with Rubey and Tokeny to tokenize a masterpiece of James Ensor, “Carnaval de Binche”. Keep Reading »
Crypto Venture Firm Galaxy Digital Posts Losses: Is it a sign of recession in crypto?
Galaxy Digital Holdings Ltd (“Galaxy Digital” the “Company” or “GDH Ltd.”) released financial results for the quarter ended March 31, 2022, for both itself and Galaxy Digital Holdings LP. The firm recorded a net loss of $111.7 million for the quarter-ended March 31, 2022, compared to the $858.2 million gain recorded in the equivalent quarter in the previous year. Keep Reading »
Bitcoin Margin Call from MicroStrategy Isn’t Coming Anytime Soon
MicroStrategy, the biggest corporate bitcoin holder, is down in the stock market, a move precisely proportional to bitcoin’s sharp drop, which is closing in on $30,000. Since August 2020, the business intelligence software company has been amassing bitcoin for its balance sheet. According to company records dated April 4, it has 129,218 bitcoins. The corporation had bought bitcoin with the help of a bitcoin-backed loan. 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 »
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 »
Crypto to look out for this week: BTC, ETH, GMT, TRX, HT
This week, the crypto market is looking up with more coins showing green than red. This week, the crypto market is expected to see a lot of volatility. We will take a look at some of the cryptos that are worth keeping an eye on this week. Keep Reading »
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