CryptoPage - Crypto Newsletter - Issue 340

Crypto Daily News - May 20, 2022
 

Crypto Newsletter

 

ISSUE 340  May 21st 2022

 

  Crypto News  

 

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added.

bitcoin.com  Permalink

 

Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

After a choppy Thursday, Bitcoin has once again surged over 3.5% moving past $30,000. Yesterday, we reported how it could be a classic case of a bull trap. Today’s bounce back above $30,000 levels could just be a dead cat bounce.

coingape.com  Permalink

 

Terra is a DeFi Scam! LUNA/UST Is Emblematic Of All DeFi

On May 9th, 2022, Terra (LUNA) made international headlines after its stable coin, UST lost its peg for the second time in two days. The fear that followed resulted in the Terra ecosystem collapsing on May 10th. Terra has lost 99 percent of its value in just 48 hours.

coinpedia.org  Permalink

 

Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more....

Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a number of stablecoins”.

cointelegraph.com  Permalink

 

Terra Ecosystem Announces Some Key Amendments to Its Revival Plan

After the recent collapse, the Terra ecosystems has been working on a revival plan. A majority of the Terra community members have voted in favor of a hardfork.

coingape.com  Permalink

 

Microstrategy CEO Expects Bitcoin to 'Go Into the Millions' Despite Crypto Market Sell-Off

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.”

bitcoin.com  Permalink

 

Zcash [ZEC]: Breaking down the potential effects of the current bearish structure

As the basis line (green) of the Bollinger Bands (BB) constricted the revival attempts for nearly seven weeks, Zcash [ZEC] bears pulled the altcoin down to yearly lows last week. The basis line has crippled the buyers’ ability to sustain a close near the upper band of the BB.

ambcrypto.com  Permalink

 

Bitcoin, Ethereum, Dogecoin and Two Additional Altcoins Are the Most Decentralized Crypto Assets: Coin Bureau

“There are five layers of decentralization in cryptocurrency: the developer layer, the coin or token layer, the infrastructure layer, the blockchain layer and the external layer. I’ll start by saying that there’s no crypto project that scores perfectly on all five criteria but the top spot seems to belong to Bitcoin.

dailyhodl.com  Permalink

 
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Crypto Newsletter - Issue 339

Thursday, May 19, 2022

Crypto Daily News - May 19, 2022 View on the Web Archives ISSUE 339 May 20th 2022 Crypto News Bitcoin Argentina NGO to Take Crypto Education to Schools Bitcoin Argentina, an NGO dedicated to the

Crypto Newsletter - Issue 338

Wednesday, May 18, 2022

Crypto Daily News - May 18, 2022 View on the Web Archives ISSUE 338 May 19th 2022 Crypto News Here's how the Stablecoin meltcoin wiped off $7 billion within a week Tether has been seeing massive

Crypto Newsletter - Issue 337

Tuesday, May 17, 2022

Crypto Daily News - May 17, 2022 View on the Web Archives ISSUE 337 May 18th 2022 Crypto News Dogecoin Co-Founder Says 95% of Cryptocurrencies Are “Scams and Garbage” Dogecoin co-founder Billy Markus

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

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