Bitcoin News

Market Wrap: Cryptos Extend Losses as LUNA Plunges
Bitcoin declined by as much as 6% over the past 24 hours, as LUNA dropped 96% and SOL fell 30%.


Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
The trading and custody service is being provided by blockchain infrastructure company Paxos.

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
A clearer framework for how companies might account for crypto could pave the way greater institutional adoption.

Inflation Rose to 8.3% in April, With Monthly Core CPI Doubling From March
Bitcoin dropped sharply after the release.

First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; major cryptos have a mixed day.

UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
Luna Foundation Guard buying billions of dollars in bitcoin without an infrastructure ready to deploy left Terra’s UST vulnerable to a “Soros-style attack,” an analyst said.

Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K
BTC rose by 4% over the past 24 hours, compared with a 19% rally in MATIC.


