Saturday, 28 May 2022

The only Chart that matters for Crypto right now

The only Chart that matters for Crypto right now submitted by /u/Westernworld1
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source https://www.reddit.com/r/btc/comments/uz7c2q/the_only_chart_that_matters_for_crypto_right_now/

Shiba Inu Expands Into Flight and Hotel Bookings 

Shiba Inu Expands Into Flight and Hotel

A crypto coin, that many labeled as a “meme currency”, may soon become part of the future of traveling worldwide. In a recent announcement, the Shiba Inu coin stated that you can now use SHIB (Shiba Token) to book flights and hotels globally. Using SHIB in the traveling industry can be seen as another milestone showing just how far the cryptocurrency industry has come in recent years.

Decentralized Online Booking platform XcelTrip announced that they had bagged a partnership with Shiba Inu on their official website. The travel agency will now act as an intermediary with ...

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Bitcoin Faces Resistance at $33K; Support at $22K-$25K

Bitcoin Faces Resistance at $33K; Support at $22K-$25K submitted by /u/Glum-Information-713
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source https://www.reddit.com/r/btc/comments/uz585p/bitcoin_faces_resistance_at_33k_support_at_22k25k/

2022's Crypto Adoption Overview - Crypto Bank, Crypto Cashback Programs, And The First Country To Accept Bitcoin

The following analysis takes a look at the facts, the big players, and how crypto has been received in various financial ecosystems across the globe: Crypto Adoption Is Here. The Financial Revolution Is Well On Its Way

According to studies, there will be widespread mainstream adoption of crypto within the next decade. The results are backed by the fact that 75% of retail investors and 88% of institutional investors believed this outlook to be true. A further 80% of institutional investors believe that cryptocurrencies will overtake traditional investment vehicles.

submitted by /u/thumbsdrivesmecrazy
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source https://www.reddit.com/r/btc/comments/uz4zan/2022s_crypto_adoption_overview_crypto_bank_crypto/

Ether Accounts for About Half of $520M Liquidations Amid Weak On-Chain Data

Ether Accounts for About Half of $520M Liquidations

In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) have lost key levels of support due to weakening sentiment for the crypto market at large. As of such, over $520 million of cryptocurrency has been liquidated. This comes in tandem with a massive bearish run that saw traders of ETH futures experience liquidations nearly double those of BTC, in an unusual market trend. This data was shown in a recent liquidation data from Coinglass.

ETH-tracked futures lost more than $236 million, nearly twice the $125 million lost on bitcoin futures. What is unusual is that ...

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