It was just another bad day at the office… BTC had the biggest daily drop since January, Terra grabs further $1.5B in BTC, and many more bloody crypto news happened today…
📉Market Movers 📈
- Early morning Bitcoin and Crypto market in general keep positive vibes after yesterday’s Fed announcement
- While waiting BTC and ETH most of DeFi tokens are growing
- Once again after a Fed announcement ZIL spikes, now almost 25% on the daily 🔆
- Cardano’s trading volume has increased by more than 130 percent in the last 24hr, indicating that whales have amassed approximately 200 million ADA 😍
- DOT responded positively to network security upgrades and grew 12% in the past 12hrs 📈
- $7.5 billion worth of ETH left exchanges since January and that’s a bullish sign
- AVAX rebounded 25% preparing the ground for a bigger jump?
- As US stocks market opens with a dip Bitcoin and crypto a following on the downside 🤿
- As Bitcoin continues to get hammered during the US trading day the dollar has risen to its highest level in 20 years against other major currencies 💥🤯
- BTC touched $35.5k line in one of the most bleeding days of 2022 🩸
📰Today’s News📰
- Treatment Centers worldwide are now considering Bitcoin and Crypto trading as an addiction 🥶
- As reported in a research published by Coinshares it seems that many institutional crypto investors are leaving the market based on disappointing results and general critical situation 👋🏼
- TRON’s stablecoin USDD is going to be launched today, May 5th
- In their marketing and communication effort TRON promises “Financial Freedom” with USDD Stablecoin 🥰
- Binance🟡, along with organizations like Sequoia Capital Fund and Fidelity, is one of 18 co-investors in Elon Musk’s Twitter acquisition and has agreed to invest $500M💸
- More bad news for CRO: MM.Finance, Cronos’ largest decentralized exchange, was hit by a $2 million cyber attack 😈
- At launch USDD had already $100M circulating 💸
- BitMEX co-founder and former CEO Arthur Hayes through his legal team asked the NY court for a non-jail sentence and permission to travel✈️
- Binance has added a new Shiba Inu trading pair, SHIB/GBP
- Terra’s Luna Foundation Guard grabs another $1.5B and entered the BTC Whales 🐳 top 10
👍Adoption👍🏾
- Argentina’s central bank blocks financial institutions from offering crypto right after two major banks started to offer crypto services 🤬
📢Opinions📢
- Nothing much to say… it was just a bad day at the office
👩💻Blockchain👨🏽💻
- Since the last halving, the Bitcoin hash rate has reached another all-time high, with the 105,000th block being mined, marking the halfway point to the next halving 🥑🥝🍠
- A third and possibly final Proof of Stake (PoS) shadow fork of the Ethereum network will be place later today, according to Ethereum’s Tim Beiko 🍴
🖼NFTs🖼
- Due to diminishing demand, Yuga Labs’ Otherdeeds NFTs are already selling for less than the initial purchase price on OpenSea, according to Bloomberg News 🤒
🗺Metaverse🗺
- You can, of course, use SHIB to buy lands in SHIB: The Metaverse
🎮CryptoGaming🕹
- Crypto gaming dev studio InfiniGods announced Thursday that it raised $9M in seed funding led by Pantera Capital 🐆
⛏Mining⛏
- Argo Blockchain stock jumps as the company is getting ready to start mining operation in their Texas flagship facility 👨🏭
🛠Tools & Links⛓
BlockBar is a platform that offers NFTs (digital assets) directly from luxury liquor brands. Each NFT corresponds to a physical bottle, this is one of the most creative NFTs marketplaces
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