Analyst says DeFi and stablecoins held up well as crypto markets implodedThe decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices.

Despite r…[Read more]

TA: Ethereum Corrects Gains, Here’s Why 100 SMA Is The Key for Fresh IncreaseEthereum failed to continue above $2,900 against the US Dollar. ETH price corrected gains and it is now trading near a major support at $2,640 and the 100 hourly SMA. Ethereum broke the $2,850 resistance, but it failed to gain pace above $2,900. The price is now testing t…[Read more]

Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M leadA total of 53,400 Bitcoin (BTC) options are set to expiry on Friday, May 28. At first sight, bulls appear to lead as the $2.1 billion open interest call (buy) to put (sell) options ratio stands at 1.32, favoring the neutral-to-bullish derivatives.

However, after Bitcoin d…[Read more]

China’s crypto crackdown speeds shift to central Asia, North America miningSHANGHAI/HONG KONG (Reuters) -A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that ‘mine’ cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an uncertain future.

China’s central…[Read more]

PayPal users will be able to withdraw crypto to external walletsPayPal’s embrace of cryptocurrencies appears to be growing after the payments provider revealed that it will allow users to withdraw their digital assets to third-party wallets.

The news, which was reported by Reuters Wednesday afternoon, comes just seven months after PayPal first e…[Read more]

Nvidia Notes Shift To Ethereum 2.0 May Fluctuate GPU DemandNvidia Corporation, a silicon manufacturing and design firm producing some of the industry’s most in-demand graphics processing units (GPUs), recently released its financial results for this year’s first quarter.In a commentary released by its Chief Financial Officer Colette Kress, the tec…[Read more]

Goood Morning Cryptoland!

Hey there fellow Cryptonauts and DeFi Degens. Ever asked yourself how to get the most out of your manual compounding? Maybe this sheet can shed some light 🙂https://docs.google.com/spreadsheets/u/0/d/1ePmChUvfCSx8FwzbJ-RIr8qGomlQo0rf6QCWNmA2dsI/htmlview

Sleep well cryptonauts 🌛

Good Night, Little Crypto Monsters, Sweet Dreams!🌞🌕🌖🌗🌘🌑🌚🌜🌃🌌🌉

Did You know you can now mute people that spam your activity feed? it’s awesome!

remember him?https://i.makeagif.com/media/7-06-2015/S8uiEk.gif

More trouble for Chinese Bitcoin miners as Inner Mongolia threatens to blacklist minersAmid news of China’s incoming crackdown on Bitcoin mining, a Chinese province has issued a new ordinance that will blacklist violators from the country’s social credit system.

According to local reports, illegal Bitcoin miners within Inner Mongolia could fac…[Read more]

AkoinNFT to sell historic DNA data art as NFT in collaboration with Oasis NetworkAkoinNFT to sell historic DNA data art as NFT in collaboration with Oasis Network
It seems like everything’s a NFT these days, and your DNA could be next.

In a press release today, AkoinNFT — the nonfungible token platform from musician and budding blockchain ent…[Read more]

https://twitter.com/salma_1557/status/1397600437302439936

https://twitter.com/eBargainsToday/status/1397598922541916162

For an overview of work currently being done towards the next major release of Dogecoin Core, see the project board at https://t.co/P9R0GUh8SL

— Dogecoin Developers (@dogecoin_devs) May 24, 2021

If you’d like to help develop Doge, please submit ideas on GitHub & https://t.co/liAPQMFaQB @dogecoin_devs

— Elon Musk (@elonmusk) May 24, 2021

https://twitter.com/moonbasebound/status/1397598334450286594