Cointelegraph

⁠Bitcoin retests key $30K support zone as data highlights BTC whale accumulation Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in acc…

⁠Pro traders adopt a hands-off approach as Bitcoin price explores new lows Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.

⁠42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply.

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⁠Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece Tokeny claims the tokens are complaint with both the Ethereum and Polygon blockchains.

⁠IMF recommends The Bahamas 'accelerate its education campaigns' on CBDC In addition to recommending financially educating the public in The Bahamas, the IMF hinted at the importance of “robust supervisory and regulatory…

⁠Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022 Last week was marked by reinvigorated discussion on crypto 401(k) among high-profile US policymakers.

⁠Head of Bitstamp’s European arm becomes latest CEO of global crypto exchange Nejc Kodrič, Julian Sawyer, and now Jean-Baptiste Graftieaux... it's unclear what led to the latest change in leadership of one of the oldest…

⁠Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks.

⁠Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT BTC and many altcoins are fast approaching the “capitulation phase”, which is typically followed by the market finding a bottom.

⁠Compound Treasury receives B- credit rating from S&P Global Ratings Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.

⁠Galaxy Digital reports $112M Q1 loss, citing crypto price volatility Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.

⁠Over 20 investment funds hold Dash, and 40 more plan to add it: Report Are investors piling into Dash in anticipation of the mainnet launch of Dash Platform, expected in 2022?

⁠Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever, but are metaverse communities turning into gated communities?

⁠Meta will test digital collectibles on Instagram starting this week According to Mark Zuckerberg, Meta was planning to “bring similar functionality to Facebook soon” and working on “augmented reality NFTs” for Instagram…

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⁠Question of centralization faces growing crypto insurance industry Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?

⁠Staking via hardware crypto wallet: Ledger exec explains how it works Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledge…

⁠Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible' Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week.

⁠Deribit and OKX attract significant traffic from China despite a blanket ban: report Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.

⁠Monero avoids crypto market rout, but XMR price still risks 20% drop by June XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month.

⁠Japanese e-commerce site adopts BTC and XRP payments for used cars The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site.

⁠Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central Af…

⁠From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya NEAR Foundation backs Kenya-based blockchain community Sankore to educate and train blockchain developers and analysts to sup…

⁠Binance takes legal action against fake billboard ads in Turkey Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed o…

⁠LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.

⁠Bitcoin whales jumping ship as exchange inflows reach 3-month high The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according t…

⁠Mining Capital Coin CEO accused of $62M investment fraud scheme “Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to…

⁠NFT markets slump as weekly sales volume dives 30% MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry.