Markets Appear to Recover, But the Assets Continue Hover Within the Same Regions
After facing some turbulence over the weekend, the crypto space appears to have ignited a decent recovery. Yet, the Bitcoin price still awaits the push required to surpass the crucial INR 23 lakh barrier that it slipped some days before. And hence the altcoins also remain consolidated and trade within the same area.
While Bitcoin & Ethereum prices rise by 2.56% and 3.53% at the press time, STEPN(GMT) lead with 19.01% followed by Elrond(EGLD) & Gala(GALA) by 18.29% & 11.13% respectively. On the other hand, no asset at the moment is painted in red signifying, a bullish start to the week. And hence a notable uptrend may be expected this week.
CRYPTO PRICES TODAY
| Price Trend | Price for May 25, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,256,370,995,981 | – |
| The total crypto market volume | $57,984,168,269 | – |
| Bitcoin Price | $30,287.64 | 4.68% |
| Ethereum Price | $1,872.50 | 5.54% |
*All prices are latest by 10:30 am, 30 May 2022.
Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.
TOP 3 CRYPTO GAINERS
| Crypto | Price* | Percentage Change |
| STEPN (GMT) | INR 99.19 | 31.95% |
| MyNeighbourAlice (ALICE) | INR 255.55 | 17.78% |
| Elrond eGold (EGLD) | INR 6,666.55 | 16.88% |
*All prices are latest by 10:30 am, 30 May 2022.
TOP 3 CRYPTO LOSERS
| Crypto | Price* | Percentage Change |
| Tether (USDT) | INR 81.00 | -1.13% |
| USD Coin (USDC) | INR 81.09 | -1.13% |
| Binance USD (BUSD) | INR 81.09 | -1.12% |
*All prices are latest by 10:30 am, 30 May 2022.
Crypto Market Update
Investors dumping on Terra as LUNA 2 tanks 70% in two days
The crypto space has seen a few roller coaster rides since the Terra LUNA fiasco took place in the first week of May. Since the founder of Terra ecosystem, Do Kwon announced a revival plan with the launch of a new token, the price of LUNA has tanked around 70%!
Under the revival plan of Terraform Labs founder Do Kwon, new LUNA tokens (also referred to as LUNA 2) are being airdropped to investors that previously held Luna Classic (LUNC), TerraUSD Classic (USTC), and Anchor Protocol UST (aUST).
Source: CoinTelegraph
Crypto Market Buzz
Paraguay Approves Crypto Regulation Bill Via 40-12 Vote
Ever since El Salvador and the Central African Republic approved Bitcoin as legal tender, other nations, like Paraguay, have been hurrying to catch up and implement regulations for this unique asset class. Countries in Latin America take crypto more seriously and are currently striving to ratify legal and other relevant frameworks.
Source: Bitcoinist
Top NFT News
Nike’s RTFKT Buys ‘DotSwoosh’ Ethereum Domain Name For $35K
RTFKT, Nike’s Web3 arm, is now pronounced ‘artifact’. RTFKT now owns 10 Ethereum Name Service (ENS) domains following the purchase of dotswoosh.eth for 19.72 ETH, roughly $35,000.
Nike’s ENS plays do appear to be a part of a larger strategy based on its current holdings. The Mint Vial is likely a reference to the CloneX Mint Vial Ethereum NFTs, which can be burned to create a unique CloneX avatar NFT.
Source: Decrypt
NEW COIN LISTING ON COINDCX
| New Coin | Market Capitalization | Circulating Supply |
| GLMR Price | $363,103,436 | 275,139,214.00 GLMR |
| LPT Price | $313,813,868 | 23,897,740.78 LPT |
| KAVA Price | $504,912,163 | 199,889,766.00 KAVA |
| GMT Price | $729,709,443 | 600,000,000.00 GMT |
*All prices are latest by 10:30 am, 30 May 2022.c
