On May 30, the total crypto market capitalization gained 4% and currently is within reach of a $1.3 trillion market capitalization. The move was enough to erase the losses from the previous seven days and was driven mainly by Bitcoin’s (BTC) 4.9% gain during that time frame. Total crypto market cap, USD billion. Source: TradingView Apart from Bitcoin, Cardano (ADA) was the only large-cap cryptocurrency that managed to close the week with a positive 4.5% performance. Meanwhile, Ether (ETH), Source link

Place/Date: – May 30th, 2022 at 4:49 pm UTC · 3 min read Source: Chronoly Photo: Chronoly Are there any coins remaining in the dip that can give you immense gain? Yes, there are. The investors are terrified to invest in any project, and most of them are pulling their investment out from the highly volatile Bitcoin (BTC) and Ethereum (ETH). So our experts research the market and found some potential coins that can give you immense gain. How to Make Money with Decentraland (MANA) MANA of… Source link

Welcome to DeFi D.I.Y., a new recurring feature where Decrypt’s DeFi whiz walks you through how to use a specific DeFi tool or platform. Today: staking Ethereum on Lido. Not everyone has the 32 ETH needed to stake directly onto the Beacon Chain, or Phase 0 of the network’s transition to Ethereum 2.0 and a proof-of-stake (PoS) consensus mechanism.  To serve this community of smaller token holders, several projects have emerged that let users stake any sum they want. Moreover, you can still… Source link

Luxury brands like Gucci, Balmain, and Balenciaga are getting into all things crypto, and Prada is joining the crowd with the release of its own NFTs. Prada will be launching 100 Ethereum NFTs this Thursday to go along with its latest Timecapsule apparel release. NFTs are unique blockchain tokens that signify ownership of an asset. In Prada’s case, buyers will receive a free airdropped NFT to go along with their physical merch purchase from Prada’s latest collaboration with Cassius… Source link

Litecoin receives an average long-term technical score of 41 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView $32,000, $35,000 flagged as lines in the sand Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency consolidating near $30,600 at the time of writing after hitting highs of $30,900 on Bistamp. Its best performance since May 16, the return to relative strength was welcomed by analysts, some of whom began to discuss the… Source link

Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point in over two weeks. So far today, we have seen BTC/USD hit a high of $30,806.86, which is its highest level since May 16. Today’s peak comes… Source link

Monero XMR/USD, Secret SCRT/USD, and Horizen ZEN/USD are all privacy-based cryptocurrencies that aim to provide users with a high level of anonymity and security. On May 19, 2022, Horizen announced that the TokenMint token generator alpha went live on the testnet, which means that users could create tokens within the span of minutes. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. On May 25, 2022, Source link

After a tumultuous month for the crypto markets, Bitcoin (BTC) was poised to extend its losing streak to a record nine weeks. However, that scenario has been narrowly avoided after the leading cryptocurrency jumped in the late hours on Sunday to hit a seven-day high of $30,723. Though a modest correction brought Bitcoin down to $30,594 by press time, it is still up 5.5% on the last day, according to CoinMarketCap. Despite the latest positive sentiment, data from Coinglass shows that Bitcoin… Source link

A widely-followed crypto analyst says one decentralized autonomous organization (DAO) may amass a monumental influence over leading smart contract platform Ethereum (ETH). In a new video update, the pseudonymous host of Coin Bureau known as Guy tells his two million YouTube subscribers that liquid staking protocol Lido Finance could eventually become the de facto governance protocol for Ethereum. “In plain English, [Lido Finance] lets you stake proof-of-stake cryptocurrencies… Source link