Ethereum gas fees spiked unusually high during this week’s crypto bloodbath as numerous DeFi users rushed to protect their collateral. Many others suffered from liquidations. Ethereum miners recorded earnings of …
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Ethereum (ETH) Down 40% In A Week; Why ETH Could Recover
Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. …
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Bitcoin (BTC) To Reclaim $40,000 After Record-Breaking Crash
However, it has bounced back considerably, creating a long lower wick with a magnitude of 22%. BTC decreased significantly yesterday, reaching a low of $30,000. This validated the $30,000 area …
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South Korea to switch course on crypto amid backlash over regulator’s remarks
Newly elected South Korean Prime Minister Kim Boo-kyum appears to be leading an embrace of the cryptocurrency sector among lawmakers, following a public outcry over disdainful comments on cryptos made …
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Algorand (ALGO) To Power Latin America’s First Blockchain-Based COVID Passport
The world’s first blockchain-powered COVID passport has gone live in Colombia as part of a joint project between Algorand (ALGO) and Koibanx. The tool is capable of generating user-friendly, reliable, and simple experiences for …
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MicroStrategy To Buy The Dip, Acquires $10M In Bitcoin (BTC)
Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse. The cash …
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Government of India Reportedly Considering Cryptocurrency Rules Instead of Banning
After actively discussing placing an all-out ban on the crypto industry, the Indian government is now reportedly reconsidering a change in tactics. More recent reports claimed that the nation had …
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Nebraska law allowing banks to offer crypto services until the final round
Lawmakers in the U.S. state of Nebraska have taken another step towards passing a bill that will allow state banks to offer cryptocurrency services. According to a May 19 tweet from Senator …
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Dogecoin: someone just sold a piece of land in the USA for 150,000 DOGE
A man in Rhode Island has sold a vacant lot in Providence for 150,000 DOGE, or around $50,000 at the time of the sale. According to a report by local news station …
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RippleNet partners with an Egyptian bank and a UAE payment firm for funds transfers
RippleNet has partnered with National Bank of Egypt and UAE-based payment services firm LuLu International Exchange for the processing of cross-border funds transfers from the United Arab Emirates to Egypt. …
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