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Cryptocurrency market hits reverse as mood turns sour

Date Time
Cryptocurrency market hits reverse as mood turns sour
The mood across the cryptocurrency has turned sour as a combination of new developments, lofty valuations and looming tax impact hit the risk appetite.
As of press time, Bitcoin (BTC) is changing virtual hands at US $48,500, Ether (ETH) at US $3,760, ripple (XRP) at US $1.3, Binance Coin (BNB) US $589, cardano (ADA) at US $1.57, Dogecoin (DOGE) at US $0.39, ChainLink (Link) at US $42, UniSwap (UNI) at US $36, Polkadot (DOT) at US $35 and Stellar (XML) at US $0.58.
Here are the key developments that wiped out the moderate gains made over the past week:
Tesla SEO Elon Musk’s announcement that Tesla will no longer accept bitcoin for purchase vehicles due to the serious concerns about its energy intensity in mining. ....

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Plataforma de Polkadot para derivados DeFi obtiene $6.4 millones en ronda semilla

El anuncio fue realizado el jueves 13 de mayo a través de Twitter. De esta forma, dTrade apunta a ser el primer exchange de derivados construido sobre Polkadot. Llevar la experiencia de los exchanges centralizados a los DEX dTrade es el primer exchange descentralizado (DEX) para swaps perpetuos y opciones basadas en Polkadot, permitiendo el … Continued El post Plataforma de Polkadot para derivados DeFi obtiene $6.4 millones en ronda semilla fue visto por primera vez en BeInCrypto. ....

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Cryptocurrencies on the move as volumes soar to new records

Date Time
Cryptocurrencies on the move as volumes soar to new records
It’s not just digital asset prices that are hitting new highs over the past weeks. Trading volumes for cryptocurrencies are through the roof as well. Trading volume represents the total number of cryptocurrencies traded (bought and sold) during a given period of time. As a technical indicator, it shows the overall activity, including liquidity of the market.
Much of it , as seen in the small size of transactions, is being driven by retail traders and speculators who are continuing the high level of engagement that began since early 2021, and new entrants who may be looking to jump in and ride the explosive uptrend seen in some of the cryptocurrencies recently. ....

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Apron Co.LTD: Polkadot-Based Project $APN Lists on Huobi Exchange

Apron Co.LTD: Polkadot-Based Project $APN Lists on Huobi Exchange
Polkadot-based project $APN lists on Huobi exchange, ATH price x 130 on the day.
LOS ANGELES, CA / ACCESSWIRE / April 26, 2021 / Huobi Inno Hub has listed APN (Apron Network) on April 21st.
As of 7:15 UTC, APN rose as high as 2.6USDT, up 12900%.
It is reported that from April 14 to May 4 (20 days in total), users can Stake HT, DOT, KSM to Earn Rewards in $APN new coin mining. The total reward for New Coin Mining activities is 30 million tokens, and users can Stake HT, Dot and KSM as they deposit and get.
Register: https://www.huobi.li/en-us/topic/double-reward/?invite code=xtg22223 ....

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Europe's Leading Crypto VC on Investing Strategy, Pitching Tips, KR1

However, the crypto world always likes to do things a little bit differently.
One of Europe s leading digital asset venture capital firms, KR1, is instead incredibly public and listed on the Aquis stock exchange.
KR1 launched in 2016 with the goal of providing more investors with access and exposure to the crypto space as well as to raise capital, said George McDonaugh, CEO and co-founder of KR1. The firm started with a small equity raise of £200,000 ($280,000) and has now raised £2.7 million ($3.7 million), in total, he said.
We re proud of our transparent track record because we re public, everything we buy and sell is out there for the public to understand and I think that s an important thing to exist in this space, McDonaugh said. ....

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