May 10 (Reuters) - Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy ... ( read original story ...)
More than $700M worth of crypto liquidated during the past 24 hours
The Bitcoin plunge does not show any signs of cooling down. On May 9, Bitcoin created a 6th consecutive red weekly candle. ( read original story ...)
Crypto can be a driver for racial equity
While it’s clear they are driving mainstream adoption, there is a lot of speculation about why Black and Latino people are so interested and involved in the crypto industry, which includes bitcoin, ... ( read original story ...)
Mark Cuban likens crypto adoption to the internet and dot-com bubbles
Mark Cuban, a billionaire investor and the owner of Dallas Mavericks, has said the next trigger for overwhelming crypto. ( read original story ...)
New Innovations—Including A Crypto Card—Energizing The ‘Dying’ Credit Card Market
There’s a segment of the population who wish credit cards would go away, and they jump on any negative change in the credit card market as evidence of the decline and impending death of credit cards. ( read original story ...)
A $3.5 billion bet on bitcoin becoming a ‘reserve currency’ for crypto is being put to the test
South Korean entrepreneur Do Kwon is betting billions on the idea of bitcoin becoming the "reserve currency" of the crypto economy. ( read original story ...)
Crypto exchange KuCoin raises funds at $10 billion valuation
The four-year-old Seychelles-based crypto exchange is valued at $10 billion in the new round, up from $100 million in its $20 million Series A in November 2018. ( read original story ...)
BOJ’s bond buying draws scrutiny after ex-PM calls c.bank a govt ‘subsidiary’
TOKYO, May 10 (Reuters) - Japanese policymakers were forced to reassure markets on Tuesday the government was not forcing the Bank of Japan to bank-roll public debt, after former premier Shinzo Abe ... ( read original story ...)
Crypto On May 10: Bitcoin Slips Below $30K, Top Coins Continue To Trade In Red
The cryptocurrency continued to dip sharply Tuesday as top tokens Bitcoin and Ethereum showed no signs of recovery. At the same time, Web3 adoption is growing as major big tech companies are keenly ... ( read original story ...)
Crypto Genius Review
Bitcoin is expected to hit a new all-time high of $100000 by the end of this year. Investment analysts at Fidelity Investments and Goldman are upbeat that a crypto boom never witnessed before is about ... ( read original story ...)
Bitcoin’s richest trader loses $100MILLION a day in crypto crash as $4billion wiped off portfolio in one month
THE WORLD’S richest Bitcoin trader has lost $4billion in just over a month – seeing his fortune plunge by $100million a day amid the crypto crash. The anonymous billionaire had more ... ( read original story ...)
Japan’s Nikkei falls but losses capped by Wall Street rebound hopes
The Nikkei ended the day down 0.58% at 26,167.10, cutting losses in the afternoon session as U.S. stock futures rallied. ( read original story ...)
Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.
Rapidly rising food and energy costs, coupled with a plunging yen that has hit a 20-year low against the dollar, are weighing on a Japanese economy struggling to emerge from the pandemic. ( read original story ...)
China’s internet users are paying close attention to the crypto crash
While China has banned cryptocurrency trading, its people remain interested in the ups and downs of the crypto market, not least because many of them have found workarounds and continue to buy and ... ( read original story ...)
Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support
Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Crypto futures racked up more than $1 billion in liquidations in ... ( read original story ...)
First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: Bitcoin and other ... ( read original story ...)