Yesterday In Crypto - May 20 2022
Getting a job in crypto, How different stablecoins work, TFL and LFG $AVAX reserves details, Vitalik Confirms Ethereum’s Merge Could Happen in August, DeFi Tokens performance against Bitcoin, and more
🌐 GM or GN depending on what part of the planet you’re reading from. This is today’s edition of Yesterday In Crypto where we go over the most notable and interesting things in crypto over the last 24 hours.
Our goal is to give you a birdseye view of the crypto market and blockchain space in the past 24 hours without taking up hours of your time. You should make it through in less than 5 minutes.
🔑 Highlights In This Edition:
🤔 - Terra’s Do Kwon Investigated for Running a Ponzi
🏦 - Cardano adds over 2,000 new wallets daily in a month despite market volatility
🧡 - DeFi Tokens on Coinbase performance against Bitcoin
📊 Crypto Market Stats
Market Cap: $1,301,802,841,324
BTC Dominance: 42.66%
24h Volume: $149,387,530,744
BTC/USDT on Binance [1D]
📊Total Orders: 1,948,930
📈Buy Orders: 1,043,526
📉Sell Orders: 905,404
🔥Buy Volume: 1.06B USDT
🔴Sell Volume: 966.29M USDT
Buyers in Control 🐮 (For Now)
Chain - TVL Change Leaderboard(1 day)
Tron Change: +10% TVL: 4686M
BSC Change: +5% TVL: 8853M
Ethereum Change: +4% TVL: 71952M
Polygon Change: +4% TVL: 2800M
Arbitrum Change: +2% TVL: 1394M
Cronos Change: +2% TVL: 1809M
Solana Change: +2% TVL: 4288M
Fantom Change: --1% TVL: 1584M
📿 I Wear Your NFT (Coming Soon)
Do you remember the “I Wear Your Shirt” project years ago? It was before its time.
We were inspired by the idea and decided it would be a really cool way to showcase NFT projects so we are getting things ready for I Wear Your NFT. We know you are gonna love it.
🖼️ NFT Market Stats
📰 Trending Headlines
Shiba Inu Can Now Be Accepted by Thousands of Restaurants in 65 Countries via Lavu and Verifone Collaboration
41 minutes ago via u.today➡️
Terra’s Do Kwon Investigated for Running a Ponzi: Report
44 minutes ago via cryptobriefing.com➡️
Vitalik Buterin Confirms Ethereum’s Merge Could Happen in August
1 hour ago via cryptopotato.com➡️
Cardano adds over 2,000 new wallets daily in a month despite market volatility
1 hour ago via finbold.com➡️
🧵Crypto Tweets & Threads
TFL and LFG $AVAX reserves details
Getting a job in crypto
How different stablecoins work
A thread teaching you how to count cards and why it ultimately makes you a better public markets investor
📈 Top Gainers/Losers in the Top 100
Gainers in Top 100 (24h) 📈
Klaytn - $KLAY | 5.82% - $0.434
Everdome - $DOME | 5.47% - $0.0243
Aave - $AAVE | 5.02% - $88.95
Litecoin - $LTC | 5.02% - $71.17
Gala - $GALA | 4.87% - $0.0843
Losers in Top 100 (24h) 📉
TerraUSD - $UST | -28.29% - $0.0765
Terra - $LUNA | -17.20% - $0.000141
Convex Finance - $CVX | -7.39% - $10.23
IOTA - $MIOTA | -4.27% - $0.337
Waves - $WAVES | -4.15% - $6.13
🔎 Trending Search on CG
📙 Must-Reads From Around The Web
Zurich-based Julius Baer Group will begin offering bitcoin and other cryptocurrency products and services to its clients.
The government of Norway has approved bitcoin mining.
A proposal to outlaw Bitcoin mining in Norway was rejected by the Norwegian parliament. Bitcoin mining and its excessive energy consumption are hot topics in Scandinavian countries.
Tether claims it's fully backed after the court rejects the request to conceal records
Amid overall concerns about the stability of stablecoins following the TerraUSD crash, Tether has maintained that its reserves are strong and fully backed.
"Tether has never once failed to honour a redemption request from any of its verified customers. This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative, and liquid," said Ardoino.
😂 Meme or Funny
📊 Chart of The Day
Happy Friday! Hope you enjoy the weekend ahead. I know, I know. There could be so much more but then this post would be an endless scroll to your precious fingers. We are here 24/7 curating the best of the best that we can find online that you need to know about. Look out for tomorrow’s edition!
Long Live The Blockchain,
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