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Weekly News

Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

It could be "do or die" for Bitcoin bulls if BTC/USD returns under $27,000, Whalemap argues. Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but…

Continue ReadingBitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

FTX US to launch stock trading against stablecoins

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. Major cryptocurrency exchange FTX is moving into equity…

Continue ReadingFTX US to launch stock trading against stablecoins

Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

Jun Du, co-founder of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover.…

Continue ReadingTerra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains. Blockchain analytics firm Chainalysis has released a new tool to…

Continue ReadingDeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

What is Sorare and how to play it?

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team. Sorare is where fantasy soccer and cryptocurrency meet.…

Continue ReadingWhat is Sorare and how to play it?

Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

Tesla’s removal from the S&P 500 ESG Index adds to an already bearish trajectory while BTC/USD stays stuck below $30,000. Bitcoin (BTC) stayed $1,000 lower on May 19 after a…

Continue ReadingBitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

  • Post author:admin
  • Post published:May 20, 2022
  • Post category:Weekly overview

According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country. Terraform Labs and co-founder Do…

Continue ReadingSouth Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
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