Crypto News – Page 20

Crypto Bull And Bear Market Key Identifiers And How To Navigate The Two

Crypto is a relatively new asset class and has only been in existence for a decade and a half. As such crypto stocks are highly volatile and attract lesser investors as compared to traditional markets. That being said, much like the traditional market, crypto too has bull and bear cycles. And just like it is next to impossible to perfectly time the traditional market, the same is the case with the crypto market as well. Before we discuss the key...

Galaxy Digital Announces Stock Buyback

Key Takeaways

Galaxy Digital Holdings Ltd. announced today a share repurchase program. The company's board has approved the purchase of up to 10% of the outstanding shares. The stock price of the digital asset manager has fallen from around $34 to just over $6.

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Galaxy Digital has announced that it will begin a share repurchase program while its stock price is depressed.

Accumulation

Galaxy Digital seeking to buy back 10% of its shares from the public market.The company announced today...

Terra Death Spiral Hits $3 as Bailout Rumors Fade

Key Takeaways

Terra's LUNA token is down another 90% today. Efforts to restore UST's dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community on Twitter and outlined the company's next move as rumors of a potential bailout have faded.

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Terra has continued to collapse as the blockchain’s UST stablecoin has failed to regain its dollar peg. Rumors that a venture capital-backed bailout has fallen through have added increased downward pressure on LUNA’s...

Fuzzle: AI NFT Limited Drop Incoming

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice....

Interest in Lido DAO Surges After Binance Says It Will List Governance Token $LDO

On Monday (May 9), the world’s largest crypto exchange by trading volume, announced its plan for $LDO, the Ethereum-based token that grants governance rights in the Lido DAO.

What Is Lido?

Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking...

LBank and Adanian Labs kickstart a Crypto Accelerator Program in Kenya

The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many believe that the region is yet to tap into its full potential, that is, leveraging blockchain technology to build a solid ecosystem. As a result, there has been an increasing global interest in Africa recently, with many prominent investors and companies looking to invest in this promising continent. LBank has set up shop...

More and More Moms Are Embracing Crypto to Help Their Families Get Richer

Moms are increasingly turning to crypto as the world edges towards a digital landscape. According to a report by NBC News, moms are diving into the crypto space in an attempt to educate themselves on the digital landscape. The report profiles the efforts of Sarah Monson, who became...

WizeFrog is Bringing a Massive Cryptocurrency Investment Fund Opportunity to its Investors –

WizeFrog is Bringing a Massive Cryptocurrency Investment Fund Opportunity to its Investors

WizeFrog is a crypto investment fund project that intends to provide its community with an essential opportunity whereby any investor can become a member of the platform and invest in early-stage crypto projects. PARIS, FRANCEFri May 06 2022 03:00:00 GMT-0400 (EDT) (Blockchain Wire) Source link

Bitcoin’s (BTC) Slump To $35K Was Largely Driven By This

Bitcoin (BTC) tumbled below a key support level of $38,000 this week, as concerns over an economic recession and rising interest rates intensified. The token slumped over 8% in the past 24 hours, hitting a 1-1/2 month low of around $35,000. The fall was also one of its worst declines so far in 2022. The token is now about 10% above its lowest level this year, hit in Jan. But BTC’s latest tumble also happened in lockstep with U.S. stock markets....

Bitcoin Risky For Retirement Plans? Elizabeth Warren Says So –

Less than a week ago, Fidelity Investments announced its decision to add Bitcoin as part of its 401 (k) investment plan. A popular vehicle used by U.S. citizens to invest in equities and other assets as part of their retirement, Fidelity has become the first company in the country to introduce BTC to this offering. Related Reading | Bitcoin Bullish Signal: Netflow Observes Sharp Negative Spike Top U.S. government officials have taken notice of the announcement. U.S. Senator Elizabeth Warren and Senator...