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” Bitcoin price heads under $36K as three-day losses near 12% “ Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Novogratz: “We are not going to get a soft landing” Data from Cointelegraph Markets…
” Hop Protocol reveals details of Hop DAO and Optimism-style airdrop “ Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens….
” Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche “ The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg assets….
” Descending channel pattern and weak futures data continue to constrain Ethereum price “ Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870…
” Number goes up: A third of Brits have bought crypto, says Coinbase report “ Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency, according to a Coinbase research piece carried out by Qualtrics. The key takeaways indicate that 33% of British people own crypto,…
” Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead? “ Avalanche (AVAX) has rebounded strongly five days after testing a key inflection area as its support. Now, the AVAX/USD pair faces the possibility of continuing its upside retracement move further into Q2. A 30%-plus move ahead? AVAX’s…
” DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem “ Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector. DOT price gains 12% on XCM launch Bulls pushed DOT’s…
” Shiba Inu has a new use case — Buying land in SHIB: The Metaverse “ Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in the Shiba metaverse. On Wednesday, the Shiba Inu team took to Twitter to reveal that the SHIB token could…
” 3 key metrics signal Terra (LUNA) price is preparing for a recovery “ Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date and even though the token continues to outperform the broader cryptocurrency market by 20%, Terra is struggling to hold above the $85 support. Previously,…
” Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT “ Investors across the world are waiting for the outcome of the Federal Open Market Committee meeting on May 4. Although markets expect a 50 basis point rate hike and an announcement by the Fed to start shrinking its balance sheet…