Cronos is down 6.00% in the last 24 hours. The Velas Ecosystem comprises decentralized goods built on top of its chain. Let’s look at the top three most promising cryptocurrencies for 2022. Cardano (ADA) Although Bitcoin relies on a more energy-heavy proof-of-work method, Cardano has effectively deployed a consensus mechanism
The global crypto market size falling below $1.6 trillion. BTC’s dropped nearly under $32,000 for the first time since February. The largest cryptocurrencies had a bearish week. A small great look at the top 3 DeFi tokens by Market volume. Terre (LUNA) The Terra smart contract platform was created on
Anchor’s total UST deposits dropped from $14 billion to a little over $11 billion. Terraform Labs is responsible for the whole Terra ecosystem’s operation and power. The algorithmic stablecoin backed by the U.S. dollar, UST, will be supported by $1.5 billion in bitcoin and terraUSD from Luna Foundation Guard (LFG)
BTC suffers for the fourth day straight. Drops down dead completely at $30K. Further downward trend high. The king of cryptos, the Bitcoin (BTC) yet suffers the same fate four days in a row, straight. Ever since the Federal Reserve’s decisions on taxation increase for BTC and other cryptos, ultimately
Cryptocurrency market is facing a huge downfall creating a tense situation for among all the users in just one day. All users are curiously witnessing the market crash with sad long faces. Also nervous about what will happen in the next 24 hours. On that note, the crypto market has
People who own XTZ may vote on Tezos developers’ ideas for protocol enhancements. STEPN makes use of a fully functional GPS system. Let us look at the top 3 projects by social activity as per CryptoDep. ⚡️TOP #NFT Projects by Social Activity9 May 2022$XTZ $GMT $CAKE $RARI $LEOS $MARVIN $FOMO
Lending BTC and UST to maintain consistency in LFG Reserve Pool. Attain a $10 Billion BTC target by the 2022 third quarter-end. The LFG, the company backing Terra, has tweeted about their preventative action to avoid future market instability like the one they faced during the previous week. Insights on
30% tax on revenue earned through the crypto market and 1% TDS on crypto transactions. A step forward to the legislation of crypto exchanges in the country. The GST Council has said have appointed a special legal committee to overtake the imposition of 28% tax for all crypto-related activities such
Today, Nuvei Corporation (tomorrow’s payment platform) announced its partnership with Bibox, which is the world’s first Artificial Intelligence (AI) driven digital asset trading platform. The collaboration with Bibox will provide a unified trading experience to the customer by offering easy access to cryptocurrencies via the Simplex by Nuvei on-ramp solution.
Cuba’s central bank has approved crypto and provided licensing criteria. The NBC reporter claims Cubans embrace the future. In reaction to the heavy U.S. sanctions, Cuba adopts bitcoin and other cryptocurrencies. According to a television report, more than 100,000 Cubans utilize digital currencies like bitcoin. For example, the NBC news
