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Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action.

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Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower…

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Wikipedia Stops Accepting BTC, ETH, BCH Donations After 8 Years

After a 3-month long debate among its community members, Wikimedia Foundation (WMF), the no-profit organization behind the online encyclopedia Wikipedia, has decided to stop accepting cryptocurrency donations. Before this decision,…

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Dubai Property Developer to Accept Bitcoin and Ethereum Payments

Major Dubai-based real estate developer Damac Properties has revealed that it would receive payment for property in cryptocurrency. Buy Property With Bitcoin and Ether According to Khaleej Times, Damac said…

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Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March

While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi…

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BAYC’s Otherside: Nearly $200M Gas Burnt in Hours, ApeCoin Crashes 30%

The highly-anticipated virtual land sale related to Yuga Labs’ metaverse project went live hours ago and affected a large portion of the entire crypto market. The massive demand led to…

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