In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
Bitcoin went below $24,000 and lost 12% of its value in the last 24 hours. BTC attained a new low from December 2020. The king of cryptocurrency Bitcoin almost lost 65% of its value from its all-time high of $68,789 which is recorded in November 2021. 40% of the holders
The cryptocurrency industry contributed to technological development, but at the same time, it gave life to unsustainable and unreliable projects. Unfortunately, users often face scams and frauds in the crypto niche. To change the situation, ReiGroup combined DeFi, NFTs, Real Estate, and VaaS protocol, providing transparent and safe products. ReiGroup
In May, the crypto-staking network allegedly had $12 billion in client assets. The token was trading at a low of $0.2117 at press time, down 52% in last 24 hours. The crypto ecosystem has barely begun recovering from the Terra catastrophe. While all this was happening, Celsius, a well-known crypto
MicroStrategy’s stock fell to a 20-month low of $140.20 in May. MicroStrategy accumulates large bitcoin holding more than 129,000 BTC. American-based company MicroStrategy a business intelligence now at a loss of $330 million on its Bitcoin investment. MicroStrategy’s most recent acquisition, disclosed in April, was 4,167 BTC valued at $190.5
BNB is down 14% this week, whereas ADA is down 7% during the same period. According to the CFGI, the “extreme fear” score is now a “12.” There is currently less value in the $1.11 trillion crypto-economy compared to what it was worth in July 2021. In the previous week,
MoneyGram launches crypto to cash services on Stellar network. Will be available to selected countries now, and globally by the end of June, 2022. Makes possible seamless cash to crypto and crypto to cash transactions without necessary bank accounts. The American based cross border p2p digital payment solutions, and services
Crypto market down once again. BTC down below $27.5K. Extreme risk on investing at current market dips. Such a horrific month was with April, 2022, witnessing extreme market crash over a prolonged period. However, with the month of May, 2022 into action, hopes were high for things to get back
Kwon could repurchase stablecoins by lending them back to himself. Do Kwon didn’t care that Anchor’s long-term survival was in jeopardy. According to the definition of Terra’s UST, it should have always been redeemable for one dollar. UST used an algorithm to maintain its peg instead of using a central
Coinbase, recently reported a 27% drop in income and used over the last year. A dynamic or flat fee will be applied to all withdrawals. It was a first for the U.S.-based cryptocurrency exchange, and custodian as billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of Gemini’s workers.
The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC. Just when the Bitcoin (BTC) sees the limelight at touching the $30K benchmark, after a hectic period of market crash, tragedy strikes back again.
