press release PRESS RELEASE. 30th May 2022, Dubai, United Arab Emirates: Galaxy Racer (GXR), a transmedia powerhouse focused on e-sports, content creators, music, and sports, headquartered in Dubai, is excited to reveal its partnership with, and investment in, the Quint ecosystem’s token, QUINT. Galaxy Racer invested US$25 million into QUINT, making it the first e-sports …
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A leading blockchain analytics firm says the largest Ethereum whales on record are currently showing very little interest in accumulating ETH at current prices. In a new video, Santiment says it’s keeping an eye on addresses holding 10,000 to one million ETH and notes that the investor cohort largely remains on the sidelines, even though …
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The head of a key US banking regulatory agency says Tether (USDT), a stablecoin designed to be pegged to the US dollar, may not be a safe place for crypto investors to park their capital. Earlier this month, Terra (LUNA), now named Terra Classic, fell to essentially zero as Terra’s UST stablecoin lost its peg …
The chief executive of Seychelles-based crypto exchange FTX reportedly says that the company is ready to make multi-billion dollar investments to expand its operations. According to Bloomberg, FTX CEO and co-founder Sam Bankman-Fried says that the company has set aside over $2 billion from fundraising events to finance investments in other firms. “FTX is a …
Money-transferring services giant MoneyGram is prepping to launch a new crypto-focused service. According to a new Bloomberg report, MoneyGram is partnering with XRP challenger and payments blockchain Stellar (XLM) to allow customers to send and cash out stablecoins on the XLM blockchain. Says MoneyGram Chief Executive Officer Alex Holmes, “The world of crypto and the world …
On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but analysts warn that it could be too early to expect a reversal. ETH/USDT 1-day chart. Source: TradingView Here’s a look at what several analysts are saying about the outlook for …
MoneyGram International, one of the world’s largest cross-border transfer services, is partnering with the Stellar blockchain to create a stablecoin-based platform for money transfers. The new service will allow Stellar wallet users to send Circle’s USD Coin (USDC) to recipients, who will be able to cash them out for fiat currency through the MoneyGram network. …
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After creating the dubious record of nine successive red weekly closes, Bitcoin (BTC) is attempting to make amends by starting a price recovery to end the losing streak. Analysts have repeatedly said that investors should not fear a bear market because it is one of the best times to invest in fundamentally strong projects in preparation …
Continue reading “Price analysis 5/30: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB”
Ethereum’s native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange. 58.7K Ether transferred to FTX in May On May 30, the Ether address allegedly associated …
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Over the last year, popular cryptocurrencies like Bitcoin have seen both steep spikes and large declines. The world of cryptocurrency has also seen a rise in the number of major corporations investing in the sector. Ethereum, the second-largest cryptocurrency, even hit a new record high. In spite of this, the top crypto gainers in last …
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Summary: Shiba Inu’s founder, Ryoshi, has deleted all his Tweets and blog posts. The deletion is precisely one year after he last Tweeted. Ryoshi’s Twitter page states that he is located at ‘Decentralized’. No explanation has been given by Ryoshi save for cryptic messages that seem to hint that he wants the Shiba Inu project …
Summary: CoinGecko will be hosting its GeckoCon Virtual Conference event on the 14th and 15th of July, 2022 (9 am to 3 pm EST). GeckoCon 2022 will focus on how Web3 will empower the Decentralized Future. Over 80 speakers from different facets of the crypto and DeFi industry will grace the event. Notable speakers include …
Summary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a confirmed downtrend that eerily resembles that of Bitcoin, thus indicating a strong correlation. The Co-founder of Three Arrows Capital, …
xSynthetix (SNX) Price Prediction – May 30There have been lowering-highs-and-lows operations in the SNX/USD market for a long time. The SNX price is in a sideways trading pattern, showcasing the rate of the market’s percentage at 6.10 positives. Synthetix (SNX) Price Statistics:SNX price now – $2.55SNX market cap – $348.8 millionSNX circulating supply – 19.1 …
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South American and Central American countries have recorded a growth in crypto adoption levels. Paraguay has become the next country in the region to support a bill fostering the use of digital assets. Crypto activities in Paraguay have grown significantly over the past year. The country now ranks as one of the most sought-after locations …
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