Bitcoin (BTC) Bulls and Bears Engage in Battle A Day To Fed Meeting
Bulls and Bears in the Bitcoin (BTC) market have been fighting hard ahead of the key FOMC meeting set for later today, Wednesday, May 4. The Federal Reserve is likely to raise interest rates by 50 basis points amid rising inflation. As a result, the United States equity market has been shaky, as has the […]
Here’s Why MicroStrategy holds Bitcoin at $1 Billion loss
MicroStrategy, a software company, just announced a net loss for the first quarter of 2022, which appears to be majorly due to its Bitcoin holdings. For the first quarter, the company recorded a net loss of $170 million, or $11.58 per share, down from $183.2 million last year. The majority of the loss was due […]
ApeCoin Rallies Above $26 As Yuga Labs suspends Otherside Auctions
The Dutch auction for Otherdeed NFTs has been suspended by Yuga Labs’ Otherside metaverse project. The NFTs will now be sold at a fixed price of 305 ApeCoins (APE), with 55,000 Otherdeed NFTs available for purchase by KYC users. Yuga Labs had previously planned to hold a Dutch auction for land sale in the Otherside […]
Why Terra’s LUNA Tumble Could Be Bad For For The UST Stablecoin
Terra’s native token, LUNA, has dropped in value over the last week as the decline in the broader crypto market has a big effect on the token. It is one of the worst-performing tokens among the top-10 cryptocurrencies in the past week. LUNA dropped 4.6% in the last 24 hours to a 9-day low of […]
Animoca Brands Will be Launching Football NFT Marketplace
Animoca Brands, a blockchain game developer, announced on Thursday that it has teamed up with media platform OneFootball to launch a football-centric digital asset center. The two, along with seed capital provider Liberty City Ventures formed a joint venture called OneFootball Labs to launch the marketplace. According to a press release from Animoca , Yat […]