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Monday, May 16, 2022

Author: BitsCoiner

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80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

BitsCoinerMay 16, 2022
Trending Crypto news

The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST. The Luna saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely how much Bitcoin and crypto […]

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Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

BitsCoinerMay 16, 2022
Bitcoin News

The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting a New Generation of Artists The […]

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Crypto capital gains one of four key areas for Australian Tax Office

BitsCoinerMay 16, 2022
Trending Crypto news

“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh. The Australian Taxation Office (ATO) has outlined crypto capital gains as one of four key areas of focus in 2022. A capital gain or loss refers to the price difference between the […]

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Goldman Sachs and Barclays invest in UK crypto trading platform Elwood

BitsCoinerMay 16, 2022
Trending Crypto news

The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand. Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for […]

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Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

BitsCoinerMay 16, 2022
Bitcoin News

Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value investor Bill […]

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Utility tokens vs. equity tokens: Key differences explained

BitsCoinerMay 15, 2022
Trending Crypto news

With both types of tokens forming the bulk of crypto-asset purchases, both utility and equity tokens serve different purposes. Read here! Utility tokens vs. equity tokens Investors familiar with the concept of equity investing will find equity tokens to be an extension of the same thought process as initial public […]

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Crypto donations fund ATVs and gas masks for Ukrainian military

BitsCoinerMay 15, 2022
Trending Crypto news

Ukraine’s ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid. Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia. […]

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Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini

BitsCoinerMay 15, 2022
Bitcoin News

After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that […]

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UK Court recognizes NFTs as ‘private property’ — What now?

BitsCoinerMay 15, 2022
Trending Crypto news

Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud. At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme […]

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How the Metaverse could impact the lives of kids

BitsCoinerMay 15, 2022
Trending Crypto news

The effects of social media on the mental health of kids and teens have been bad enough — will the Metaverse be a safe place for them? How to protect kids and teens in the Metaverse Protecting young individuals is a shared responsibility. Therefore, parents must closely monitor their children’s […]

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Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

BitsCoinerMay 15, 2022
Bitcoin News

The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. […]

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Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern

BitsCoinerMay 15, 2022
Trending Crypto news

ETH’s price risks declining further despite rebounding over 20% in the last three days. Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a […]

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The meaningful shift from Bitcoin maximalism to Bitcoin realism

BitsCoinerMay 15, 2022
Trending Crypto news

Signs pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset. There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or […]

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Report: Central African Banking Regulator Says Crypto Ban Still Effective

BitsCoinerMay 15, 2022
Bitcoin News

An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set Up System to Identify Crypto […]

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NFT visionaries are doubling down on community ethos amid a bearish cycle

BitsCoinerMay 15, 2022
Trending Crypto news

Time Magazine, Rarible and Aleksandra Artamonovskaja share insights into the values and visions that leading NFT projects and figureheads seek to uphold as the market enters a financial downturn. The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of […]

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Top 10 Cryptocurrencies
Name Price
bitcoin
Bitcoin (BTC)
$49,382.00
ethereum
Ethereum (ETH)
$4,039.00
binancecoin
Binance Coin (BNB)
$597.59
dogecoin
Dogecoin (DOGE)
$0.55
ripple
XRP (XRP)
$1.38
cardano
Cardano (ADA)
$1.98
tether
Tether (USDT)
$1.00
polkadot
Polkadot (DOT)
$47.13
bitcoin-cash
Bitcoin Cash (BCH)
$1,294.92
litecoin
Litecoin (LTC)
$324.60
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80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

First 7-week losing streak in history ― 5 things to know in Bitcoin this week

UK Treasury en route to legalizing stablecoins amid Terra’s UST crash

Crypto capital gains one of four key areas for Australian Tax Office

Buterin: Terra should protect the smallholders, not the whales

Square Enix plans to issue tokens and invest heavily in Web3 gaming

  • bitcoinBitcoin(BTC)$49,382.00-1.67%
  • ethereumEthereum(ETH)$4,039.005.61%
  • binancecoinBinance Coin(BNB)$597.593.01%
  • rippleXRP(XRP)$1.381.36%
  • cardanoCardano(ADA)$1.984.54%
  • tetherTether(USDT)$1.00-0.39%
  • bitcoin-cashBitcoin Cash(BCH)$1,294.921.35%
  • litecoinLitecoin(LTC)$324.601.85%
  • stellarStellar(XLM)$0.660.70%
  • eosEOS(EOS)$11.04-0.14%
  • tronTRON(TRX)$0.1236750.47%
  • moneroMonero(XMR)$407.48-0.04%
  • bitcoin-cash-svBitcoin SV(BSV)$334.524.37%
  • tezosTezos(XTZ)$6.352.87%
  • leo-tokenLEO Token(LEO)$3.31-1.82%
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