CryptoPage - Crypto Newsletter - Issue 337

Crypto Daily News - May 17, 2022
 

Crypto Newsletter

 

ISSUE 337  May 18th 2022

 

  Crypto News  

 

Dogecoin Co-Founder Says 95% of Cryptocurrencies Are “Scams and Garbage”

Dogecoin co-founder Billy Markus has opined that 95% of cryptocurrencies are “scams and garbage” in a recent tweet.

u.today  Permalink

 

RBI warns of crypto ‘dollarization’ of Indian economy

Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption, which they claim will ultimately lead to the “dollarization” of the local economy.

cointelegraph.com  Permalink

 

Portugal to Tax Cryptocurrency Income According to Minister of Finance

Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and declared that there cannot be gaps for any income gains to be obtained without taxation.

bitcoin.com  Permalink

 

Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman

Ackman’s comments come in wake of the Terra blockchain losing most of its value in the span of a few days, as the de-pegging of its UST stablecoin cause a massive bank run.

coingape.com  Permalink

 

What Do I Need To Know About Non-Interchangeable Tokens (NFT)?

Over the past year, NFT has become one of the trends along with DeFi. As indicated by the aggregator DappRadar, in 2021, total sales on NFT marketplaces amounted to at least $ 22 billion.

coinpedia.org  Permalink

 

Cosmos: New ‘interchain security developments’ has had this effect on ATOM

ATOM has so far rallied by more than 30% from its latest local low. The cyptocurrency extended its downside during last week’s cryptocurrency market crash, and the healthy recovery might be a sign of things to come.

ambcrypto.com  Permalink

 

LUNA drops another 30% despite Kwon’s recovery plan

LUNA price analysis for May 17, 2022, comes on a very bearish note for the coin with low chances of recovery as it seems that the project has lost the trust of investors from all around the world. In the last 24 hours, we have seen the token drop more than 30% and the chances of reclaiming even $1 seem slim let alone the all-time high. Furthermore, the recovery plan of creating a hard fork of Terra called TERRA2 might note work as pointed out by the CEO of Binance.

thecoinrise.com  Permalink

 

Bitcoin (BTC) Hits 3-Day Death Cross, More Bloodbath Coming?

The world’s largest cryptocurrency Bitcoin (BTC) witnessed a brutal crash last week along with the collapse of the Terra ecosystem. Since then, the Bitcoin price has been flirting around $30,000 but has failed to give a daily close above it.

coingape.com  Permalink

 
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Crypto Newsletter - Issue 336

Monday, May 16, 2022

Crypto Daily News - May 16, 2022 View on the Web Archives ISSUE 336 May 17th 2022 Crypto News The UK Plans to Regulate the Stablecoins Following The Terra (LUNA) Collapse The British Treasury has

Crypto Newsletter - Issue 335

Sunday, May 15, 2022

Crypto Daily News - May 15, 2022 View on the Web Archives ISSUE 335 May 16th 2022 Crypto News UK Court recognizes NFTs as 'private property' — What now? At the beginning of May, the British

Crypto Newsletter - Issue 334

Saturday, May 14, 2022

Crypto Daily News - May 14, 2022 View on the Web Archives ISSUE 334 May 15th 2022 Crypto News Just-In: BAYC Votes For “Ape Drops” NFT Marketplace; What's Next? Bored Ape Yacht Club (BAYC) has voted

Crypto Newsletter - Issue 333

Friday, May 13, 2022

Crypto Daily News - May 13, 2022 View on the Web Archives ISSUE 333 May 14th 2022 Crypto News Terra Network Halted For The Second Time In 12 Hours, What's Next? The Terra blockchain was halted for

Crypto Newsletter - Issue 332

Thursday, May 12, 2022

Crypto Daily News - May 12, 2022 View on the Web Archives ISSUE 332 May 13th 2022 Crypto News Which Blockchain ETF Is Best For Investors? There are now six blockchain-related ETFs available to

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