Author: Byoblu Rebel Supporters

Sat. May 21st, 2022

Cryptos

20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows.
OpenSea launches 'Seaport' marketplace protocol allowing NFT bartering
“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform.
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings.
FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets.
3 red flags that signal a crypto project may be misleading investors
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities.
MSP Recovery joins forces with Tokenology to release tokenized healthcare initiative
Launching on the Polygon network, the LifeChain platform is intended to vastly reduce occurrences of fraud within the U.S healthcare system.
Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more
Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter.
3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire
The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls "hoped to resume within a few weeks."
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors.
Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come.

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