CryptoJournal
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Mass media about crypto-currencies, mining, DeFi and blockchain.

Manager - @Fesions
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OpenSea added #APE for payment on the marketplace πŸ™‰
April Spot Volume Up 6.3% πŸ“Š
Last week, money was actively taken from crypto-funds, the total outflow amounted to $120 million πŸ˜•
Breaking: Opensea’s Official Discord Account Has Been Hacked
https://bit.ly/37pogII
❗️ OpenSea Discord hacked and phishing link posted
SafePal introduces KYC πŸ€·β€β™‚οΈ

SafePal Wallet introduces mandatory verification for trading through Binance.

Starting May 12, all new and existing users must complete KYC in order to trade on Binance through a wallet.

❗️ This only applies to accessing the Binance "decentralized" app via SafePal.
Breaking: Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg
https://bit.ly/3w1HbTd
PanckeSwap introduced the maximum issue of 750 million CAKE βœ…

We also added bonuses for those who blocked CAKE in the pool:
- increased profitability (already was)
- big allocation in IFO
- other bonuses will be announced later.

Limited emission is positive for the project. Because there is no hyperinflation and endless printing of tokens, as LUNA currently has.

CAKE for $3 looks interesting. DYOR.
Over the week, USDT capitalization has lost $8 billion, and the peg to the dollar has not yet recovered πŸ‘€

The previous strong outflow of USDT capitalization was in the fall of 2018, and then it decreased by 39%.
Buy Bottom: Last week recorded one of the biggest inflows to crypto funds of $274M in the last 2 years πŸ’°
Just-In: Crypto Exchange FTX Launches Stock Trading For U.S. Customers
https://bit.ly/3sJ9bcc
⚑️ Cryptocurrency exchange FTX has launched stock trading. So far, the option is available only to certain users from the United States, but over time, the number of users will expand.

Users are promised no commissions for transactions, as well as the ability to replenish their account using the USDC stablecoin.
🚨Edain marked the start of the biggest and most awaited competition so far!

➑️ Decision Point Review Competition ⬅️

πŸ†Want to win a share of the 10000 EAI prize pool? Well, who wouldn’t?

πŸ“STEPS TO PARTICIPATE

1. Create or access your edain.ai account
2. Log in to Decision Point or Decision Point Crypto with your Edain account credentials
3. Test the platform and make a video review by executing a query on Decision Point or Decision Point Crypto and reviewing its results.
4.Upload your review on YouTube as a public or unlisted video
5.Submit your YouTube video link in the registration form until June 12th 2022

πŸ‘‰πŸΌSee full participation rules: https://bit.ly/3wrDvub

πŸ“WHAT IS DECISION POINT?

Simply put, Decision Point is a sentiment analysis application that replaces the humongous number of hours theoretically required to be spent reading the news in order to stay in the loop with crypto and stocks with only a few clicks.

πŸ“•Learn how to use Decision Point: https://bit.ly/3wBDouX
πŸ“—Learn how to use D
Last week, the intraday volatility of Bitcoin’s value reached the level of May 2021, when the cryptocurrency market also noticeably collapsed. In other words, coin rates are now changing quite actively.

Here's a fresh chart from Arcane analysts.
With such transaction fees in Ethereum, soon there will be no need to switch to PoS 😎
What could be bought for 10,000 LUNA since the beginning of 2021 πŸ“Š
Breaking: Twitter Investors Sue Elon Musk, Here’s Why
https://bit.ly/3NFw9ZM
In recent days, the block time on the Ethereum network has started to rise due to the difficulty bomb.

What does it affect?
Fewer blocks in the network - fewer transactions can be processed in a certain period of time, for example, in an hour. As a result, in case of peak network load, transaction fees can be even higher.

Fewer blocks in the network means less income for miners.
πŸ“† Key events in the crypto for May-June
NFT Land is the biggest trend on the crypto market right now with an average annual price of $14,500. But don't get overhyped on just every NFT Land β€” countless projects add them, but only a few bother to add real utility behind owning one.

Cryptobots is a legendary crypto game from 2017 that rewards players with 3200 valuable NFT Lands for playing on the "Battle for the Lands" Testnet of their new game. The utility for Cryptobots NFT Lands is over the roof β€” you can set up one of 5 businesses, mine resources, rent it out, and more!

Currently, Cryptobots are not selling their NFT Lands β€” you can only earn them!

Join the Testnet and earn the NFT land with real utility in one of the most promising P2E games of 2022!

πŸ‘‰ Sign up for "Battle for the Lands" https://t.me/+enWu-ngoGkIyN2Ji
BTC dominance: what kind of beast? πŸ€”

The market share (dominance) of BTC shows what part of the entire crypto market is occupied by bitcoin. How the growth / fall of the BTC market share is affected is shown in the picture.

β€’ Dominance πŸ“ˆ: Alts lose relative value to BTC.
β€’ Dominance πŸ“‰: The value of alts is growing relative to BTC.

Now BTC.D = 46% and the value continues to grow. This means that investors prefer to exit risky altcoins and pour capital into BTC.