You know what guys & gals? On a sunny day in the future there we will another bull run and nobody will bitch about transaction fees. We OGs will sit there, share a beer and say nostalgically: "Hasn't our baby grown-up fast?" I am looking forward for that day. submitted by /u/RealBeltracchi [link]…
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PRESS RELEASE. Zug, Switzerland, 22nd May 2022: GAIMIN Gladiators are delighted to announce their DOTA 2 finish Top 4 in the ESL One Major in Stockholm. For the last 10 days, GAIMIN Gladiators’ DOTA 2 team have achieved unprecedented acclaim for their progression in the ESL One Stockholm Major. As a newly formed team, in […]
LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple of zeros below $1, causing holders to lose billions of dollars. Nevertheless, a lot of investors continue to hold out hope and trade the coin, which has led to multiple rallies. Up 100% In One Day On Sunday, LUNA had recorded one of its most successful days since the crash. After falling to $0.0001, it had promptly rallied once more as the daily trading volume had ramped up. This saw the digital asset hit as high as $0.0002 before the end of Sunday. The 100% had no doubt sparked more interest from crypto investors that had seen more people move into the digital asset. Related Reading | Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover LUNA’s market cap which had declined significantly last week had begun to pick up on the back of this rally. The market cap which was sitting below $1 billion as of Saturday had regained its position above this level and has now settled above $1.2 billion. The volume continues to remain on the high side even with the price now 99.9% lower than where it used to be a few weeks ago. Mainly, the interest in the digital asset has come from the fact that it is now highly volatile. Now, while volatility can be a quick way to lose money, it can also help investors make a lot of money in a short amount of time, hence all of the renewed interest. LUNA price recovers to $0.0002 | Source: LUNAUSD on TradingView.com To put this in perspective, if an investor had put $1,000 in LUNA on Saturday, by Sunday evening, they would have made a 100% return on investment. However, it is not always rosy with digital assets such as this, as $1,000 can easily turn into a pile of dust in the same fashion. More Upside For LUNA? There are a lot of speculations on what the future of LUNA will be. While the market is still reeling from the crash that saw millionaires lose their status in a matter of days, others have begun to settle into the new normal and have picked up trading on the digital asset. Related Reading | More Stress For El Salvador As Bitcoin Dips To $29,000 The digital asset continues to skew strongly in the selling territory but recent trading trends have suggested that this might begin to change. Most of last week saw LUNA trading in the red. However, the recovery on Sunday has seen indicators skew to a 72% buy sentiment. If this continues, then the upside for the digital asset may very well continue, maybe driving the price once more towards $0.0005. Inversely, this could also be a bear trap. A recovery that convinces investors that the digital asset may continue the trend, whereas will trigger sell-offs that will cause the price to dump. If this is so, then LUNA may well add another zero to its price this week. The cryptocurrency is trading at $0.0001913 at the time of this writing. It is up 13.28% in the last 24 hours with a market cap of $1.25 billion and a total supply of more than 6.9 trillion tokens. Featured image from Blaze Trends, chart from TradingView.com
GameStop launches an Ethereum-powered self-custodial wallet that is set to integrate with an upcoming NFT marketplace.
submitted by /u/MayorAnthonyWeiner [link] [comments]
TRON, one of the largest and most popular blockchain ecosystems, has announced that Ankr, a web3 infrastructure platform servicing over 50 blockchains is its new Remote Procedure Call (RPC) partner. TRON’s public and premium RPCs can now be accessed on Ankr to create request calls and receive information returns that mirror the results developers get…
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ETC rose by over 10% to start the trading week, as prices rose to a two-week high on Monday. FTM also saw its value increase during today’s session, climbing by nearly 20% earlier in the day. Ethereum Classic (ETC) ETC was one of the most notable gainers during Monday’s session, as cryptos were mostly in […]
The CEO of Circle joined Ripple’s Brad Garlinghouse and Asif Saleh of BRAC in a panel discussion at the World Economic Forum Annual Meeting.
submitted by /u/ChemicalGreek [link] [comments]
Lido TVL or total value locked, toppled over to new high lows seen in the third week of this month following the bearish movement of the DeFi market. LDO has shaved off over 58% of its TVL, which registered an all-time high of $20.4 billion on April 6 but dropped down to roughly $8.6 billion on May 22. Suggested Reading | Ripple (XRP) Plunges To $0.43 With Bears In Full Swing Lido, a liquidity staking solution, targets orienting people towards staking. It has zero minimum staking requirements which is a great feature, to begin with. The users can freely stake assets in exchange for daily rewards. A couple of applications and services connected with Lido comprise Anchor Protocol, Curve, MakerDao, 1inch, StakeEther, Ledger, and SushiSwap Onsen. Lido TVL Down 17% LDO’s TVL has been dramatically slipping due to the overall crypto market crisis going on for several months now. Its TVL on Ethereum was at $10.32 billion on April 6. After reducing investor interest, its TVL decreased 17% or equivalent to $8.47 billion on May 22. Meanwhile, its TVL on its all-time high on Terra was at roughly $9.66 billion. However, the figures dropped 99% on May 22, or approximately $14,870 in six weeks. LDO TVL on Solana used to be hovering at $417.17 million, but it went down by nearly 70% or roughly $126.24 million on May 22. LDO total market cap at $395 million on the daily chart | Source: TradingView.com Lido TVL on Moonriver was at $2.57 million during the height of dApps popularity. However, when investor interest waned, the values also crashed by 27%, equivalent to $1.86 million seen in that same period. After crashing by more than $11 billion, LDO has been demoted from the ranks close to MakerDAO and Curve. LDO Still Superior In TVL On the flip side, despite Lido’s drop in terms of TVL, it still is superior in TVL compared to Convex Finance, JustLend, Aave, SushiSwap, Uniswap, Instadapp, PancakeSwap, Compound, and Just Lend. It opened on April 6, trading at $4.27. However, the coin dropped on May 12 at $1.23 and seems to be not going over the $1.33 mark today. Looking at those figures, this would give you as much as a 68% loss in LDO price in just six weeks. Suggested Reading | Bitcoin Reclaims $30K Territory After Recent Weeks’ Struggle – Analysts Weigh In Polygon Launch This Month Lido is currently the leading Ethereum liquid staking solution that comprises a large share of over 80% in that space. Moreover, assets staked on Lido are divided into 76,000 crypto wallets and worth $10 billion based on prevailing prices. Lido also promotes liquid staking on Terra, Kusama, and Solana blockchains. Lido’s launch this month on Polygon is in the works. Lido is governed by a DAO or equivalent to all the holders of Lido’s token, which collectively makes decisions in the blockchain. Featured image from BitRss.com, chart from TradingView.com