Market

May 17, 2022

ETH worth $1,8 billion withdrawn from Coinbase on May 16

A total withdrawal from the crypto exchange amounted to 900 634 ETH

May 16, 2022

Crypto analyst predicted bitcoin price rebounds after fall to $28 800

Justin Bennett believes that once the local bottom is reached, the rise in the value of the asset will “run beyond most expectations”

May 16, 2022

Bloomberg analyst predicted bitcoin and Ethereum to rise amid the Fed’s actions

According to Mike McGlone, the regulator’s interest rate hike will hurt stock markets more in the long run than major cryptocurrencies

May 16, 2022

WSJ: El Salvador faces default because of the fall in the price of bitcoin

The market value of the country’s assets in BTC has fallen by almost a third

May 16, 2022

Luna Foundation Guard sold $2,3 billion worth of bitcoins to support UST

There are 313 BTC, 39 914 BNB, 1,9 million AVAX, 1,8 billion UST, and 222,7 million LUNA (of which 221 million are currently staked) left in the organization’s reserve

May 16, 2022

Circle assured of the full back of the USDC stablecoin

All data on reserves and issuance dynamics is published on the company’s blog

May 16, 2022

​TRON will not abandon the USDD stablecoin

The project’s founder Justin Sun reported that he aimed at the healthy growth of the asset

May 16, 2022

Largest bitcoin outflow from crypto exchanges in 8 months recorded

BTC netflow on exchanges has reached an 8-month low

May 16, 2022

FTX chief said bitcoin has no future as a means of payment

According to Sam Bankman-Fried, the asset is inefficient and has high environmental costs

May 16, 2022

​Investor Mark Mobius warned crypto traders against buying the dip

According to the head of Mobius Capital Partners, the strategy will not pay off as there is a risk of further market decline

May 16, 2022

Binance’s head said about the lack of value of the Terra hard fork

According to Changpeng Zhao, rolling back the blockchain will not work to save LUNA and UST

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