The global crypto market cap is $1.46 trillion with a 24-hour volume of $125.36 billion. The price of Bitcoin is $31,831.77 and the BTC dominance is at 41.6%.
The Fear and Greed Index fell to 11 on May 9 after the latest crypto market sell-off, representing a 7-point drop from May 8 and placing sentiment firmly within ‘extreme fear’ territory.
The CTO of the popular programming framework Qt — which tech giants like Adobe use, Tesla, Blackberry, Google, and Blizzard — called cryptocurrency a “Ponzi scheme” on May 6.
Thieves in the United Kingdom are now mugging digital investors and stealing victims’ phones to access their crypto investments, the Guardian reported, citing London Police.
The number of Bitcoin (BTC) whales has been on a steady decline and is back to the levels earlier in 2022, according to blockchain intelligence firm Glassnode.
A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance.
