Okay Bears NFT Collection: The Complete Guide

News: May 17, 2022, 5:05 p.m.

Okay Bears is quickly becoming one of the most popular NFT collections on Solana. Bull or a bear - here's what you need to know about it. read more

CoinCorner Released A Lightning NFC Card For Bitcoin

CoinCorner released the Bolt Card, a contactless NFC card that works similar to the tap function for Visa, but on the Bitcoin Lightning Network. read more

South Korea Lawmaker Calls for Enquiry Into Exchanges' Terra Activities

People Power lawmaker Yun Chang-Hyun alleges that various domestic exchanges saw the UST depeg as an opportunity for unscrupulous profiteering. read more

Voyager Digital cut to Neutral at Compass Point on crypto market headwinds

Compass Point analyst Chris Allen on Tuesday has downgraded cryptocurrency trading platform Voyager Digital (OTCQX:VYGVF) to Neutral from Buy given broader headwinds in the decentralized space. Specifically, Allen pointed to prospects for increased regulatory scrutiny for crypto-focused firms, "particularly for those companies that offer lending products," he wrote in a note. As a result, the analyst has lowered 2023 EPS estimate to C$0.39 ($0.30) from C$0.53. He also cut his price target to C$8 from C$14, representing a 3.5x enterprise value/revenue multiple in 2022. Meanwhile, shares of VYGVF are rising in afternoon trading, as bitcoin (BTC-USD +2.9%) manages to hold modest gains over $30K. Earlier this week, (May 16) Voyager Digital Q3 earnings reflected user growth, but transaction revenue slid. read more

Coinbase To Take DeFi-first Approach With its App and Wallet

Coinbase Pay, a streamlined fiat-to-crypto onramp, will be integrated in Coinbase Wallet and Metamask, alongside new features for Web3 identity and non-custodial dApp wallet in the Coinbase appThe post Coinbase To Take DeFi-first Approach With its App and Wallet appeared first on Blockworks. read more

Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?

Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentially break lower to continue along with the several-week bearish trend. The market has moved slightly in the green over the last 24 hours.... read more

Yuga Labs, Apecoin DAO Reportedly Considering Offers to Migrate APE Off Ethereum and Possibly Onto Avalanche or Flow

Summary: Yuga Labs and the Apecoin DAO board members are reportedly listening to offers on migrating ApeCoin off Ethereum. Avalanche and Flow are allegedly negotiating for Apecoin to migrate to their chains. Neither Yuga Labs nor the Apecoin DAO has confirmed the potential migration to Avalanche or Flow. The Bored Ape Yacht Club Otherdeed NFT mint ‘broke’ Ethereum on April 30th, causing high gas fees and congestion. The team behind Yuga Labs and the ApeCoin DAO board members are reportedly read more

Do Kwon Not Giving Up On LUNA Just Yet, Plans Radical Shift To Keep The Terra Ecosystem Alive

After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project. read more

Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures

May 17, 2022 – Sheridan, United States Cash management company announces roadmap to build cutting-edge multi-chain treasury infrastructure for Web 3.0. Coinshift, leading treasury management and infrastructure platform that enables DAOs and crypto businesses to manage cash reserves, announced its $15 million Series A funding round and its roadmap for building a novel full-service treasury The post Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures appeared first on The Daily Hodl. read more

Bitcoin and Ethereum camp go haywire as on-chain metrics reveal…

Bitcoin and Ethereum started off the week with modest price rises, with the king coin trading at $30,424.97 while the top alt was changing hands at $2,077.09. That being said, prices are only half the story. Both BTC and ETH have seen dramatic movements in the past week, and there’s a lot to unpack. Just go read more

Apecoin Maintains Over 780% Gain in 60 Days!

Apecoin (APE) is the Cryptocurrency of the Bore Ape Yacht Club (BAYC). It is one of the crypto tokens with a strong capacity to retain its previous gains irrespective of the crypto downtrend of recent weeks. In the past, to days after it was launched in March 2022, it has a return on investment of 784%. This means that its investors are still on the gain of $7.84 for each $1 investment. Although, it is presently trading at $8.37 after attaining an all-time high price of $39.40 according to CoinMarketCap. It has remained profitable since its all-time low price is $1. Some factors that had made this possible are: Its unpredictable buyer’s pressure Apecoin (APE) is one of the recent cryptocurrencies with unpredictable buyers. This has made it to always recover from its lows. Irrespective of the price that Apecoin attains, buyers sometimes apply strong pressure that tends to push its price higher. This helps it to regain its previous losses since the sellers increase the price. Increased Volume in Circulation Apecoin has a total supply of 1 billion APE. Out of this total supply, only 284,843,750 APE are in circulation. This represents about 28.84% of its maximum supply. This is low, which can easily lead to scarcity of the token whenever the buyer’s pressure is increased. Future predictions on the token With the commitment from Bore Ape Yacht Club Yuga Labs, investors are optimistic about a good return on investment on Apecoin. Th... read more