The total crypto market capitalization recovered roughly 5%, but a variety of trading metrics show investors are skeptical about the rally being a trend change. On May 30, the total crypto market capitalization gained 4% and currently is within reach of a $1.3 trillion market capitalization. The move was enoughContinue Reading
Russia’s ministry of finance is considering the possibility of using cryptocurrencies like Bitcoin in conducting international payments. According to a Friday report by Interfax, the said discussions are currently being held in an effort to revitalize Russia’s businesses with international partners given that its ability to use traditional payment infrastructure is currentlyContinue Reading
Crypto markets surged throughout Memorial Day as major US stock exchanges stayed closed, with all top 10 digital assets in the green Crypto markets rallied on Monday, led by prominent altcoin Cardano, while major US stock exchanges were closed to honor Memorial Day. Cardano (ADA) outstripped the top 10 cryptocurrenciesContinue Reading
Don’t miss any events in the crypto industry with the top four news stories over the past weekend presented to you by U.Today. SHIB will now be burned via Amazon On Friday, May 27, the Twitter account of Travis Johnson’s SHIB burn games announced that SHIB Super Store, a regular canine coinContinue Reading
Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level. 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 concernsContinue Reading
Bitcoin [BTC] looked like it was headed for more downside last week, especially on 26 May when it threatened to dip below $28,000. Fast forward today and Bitcoin has bounced back to 30,600 at press time. The constant ups and downs have led to investors developing mixed feelings about Bitcoin’s ongoingContinue Reading
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 cryptoContinue Reading
The founder of the popular meme-coin of Shiba Inu (SHIB) has deleted all his tweets and blog posts in a move that has left many community members scratching their heads as to what it might all mean. To note is that his actions come precisely one year after he last tweeted onContinue Reading
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 otherContinue Reading
While fears of inflation, rate hikes, and global conflicts are driving market volatility, there might be areas in this virtual reality worth looking into for the future. One such area is the metaverse, which abounds with investment opportunities. Some dub it to be much like the internet of the 1990sContinue Reading