Quick take: Tron DAO has purchased 504,600,250 TRX at $38.993 million as part of its reserves for the USDD stablecoin The circulating supply of the USDD stablecoin has doubled in less than 48 hours to exceed $200 million The USDD stablecoin has thus far secured three partnerships: Alameda Research, Amber Group, and Poloniex TRX’s value …
Monthly archives: May 2022
Terra Drops 9.6% in 24-hours Despite the Luna Foundation Buying $1.5B Worth of Bitcoin
Summary: The digital asset of Terra (LUNA) has dropped by almost 10% in the last 24 hours This is despite the bullish news of the Luna Foundation Guard buying $1.5 billion worth of Bitcoin However, the drop is understandable given Bitcoin has lost its $38k amidst anxiety over the US Fed increasing interest rates by …
Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to …
US offers $15M for info on Conti ransomware
The U.S.Department of State set two separate bounties for information on the Conti ransomware organized crime group totaling $15 million. Any information that helps identify or locate the Conti group leaders will be awarded up to $10 million. Additionally, $5 million will be awarded for any information that leads to the arrest of individuals conspiring …
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Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively exploiting the hot topics of the day, including the sanctions theme. Pyramids Offer Russian Investors Ways to Circumvent Western Sanctions Amid growing financial uncertainty, Ponzi …
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) …
Veteran Trader Tone Vays Says Bitcoin Looks Terrible, Unveils Price Target and Date for BTC Bottom
Veteran trader Tone Vays says that he’s waiting for the best opportunity to buy Bitcoin (BTC) amid the flagship crypto asset’s bearish price action. In a new video, Vays tells his 121,000 YouTube subscribers that Bitcoin will likely continue its downward trajectory and take out its psychological support at $30,000 unless bulls step up to …
Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price
A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction. The pseudonymous crypto analyst Capo tells his 266,300 Twitter followers that Bitcoin’s “main target” is between $21,000-$23,000. Source: Capo/Twitter Bitcoin is trading at $36,117.66 at time of writing, down more than 6.5% in the past …
Crypto Billionaire Brock Pierce Says Bitcoin (BTC) Will Either Crash to Zero or Explode to $1,000,000
Crypto billionaire Brock Pierce says that Bitcoin (BTC) will either fail spectacularly or become massively successful. In a Fox Business interview, Pierce, who is the chairman of the Bitcoin Foundation, says that investors should refrain from going all-in on the leading crypto asset. “[Bitcoin] could go to zero. It’s a binary outcome. It’s either going …
U.S. Department of Justice Charges Florida Executive Over Alleged Involvement in $62,000,000 Crypto Fraud
The U.S. Department of Justice (DOJ) is announcing charges against the CEO of a crypto mining company for allegedly running a global investment fraud scheme. According to a statement released by the DOJ, Luiz Capuci Jr., the chief executive and founder of Mining Capital Coin (MCC), lied to investors about the firm’s crypto mining capabilities …
Terra Beats Tesla As Second-Largest Corporate Bitcoin Holder After $1.5B Purchase
Terra’s commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST. More importantly, though is how this …
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Bitcoin, Ethereum Crash: $100 Billion Wiped in Mere Minutes
Today the cryptocurrency market experienced a sudden crash, with Bitcoin and Ethereum prices falling. Other major coins also saw a significant fall. Around $100 billion was wiped from the combined value of all cryptocurrencies in just minutes. In the last 24 hours, Bitcoin experienced a 5% decrease. At the same time, the price of the …
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Bitcoin Price Prediction for Today, May 7: BTC Back Below $36,000 Level
The Bitcoin price prediction is facing an intense tug of war as bears mount pressure near $35,500, taking the market price to the downside. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart BTC/USD is dropping from the opening price of $35,999 …
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Bitcoin Price Prediction for Today May 7: BTC Price Revisits the $34.4K Low
Bitcoin Loses $37.7K Support as It Revisits the $34.4K Low – May 7, 2022 BTC/USD has fallen to the low of $35,290 as it revisits the $34.4K low .The largest cryptocurrency is likely to further decline to another low of $33,855 as bears broke below the $37,727 support. Bitcoin is trading at $36,170 as of …
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Crypto, like railways, is among the world’s top innovations of the millennium
You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it fascinating how the description of the industrial age front-runner technology resembled the awe and fear of blockchain in modern times. Some quotes …
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