Bullish LUNC price prediction for 2022 is $0.00024165. The LUNC price will also reach $0.5 soon. Bearish LUNC price prediction

Terra Classic (LUNC) Price Prediction 2022 – Will LUNC Hit $0.5 Soon?

Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the

Upbit Announces Committee Setup to Refund Terra Investors

Quick Take

Tron’s USDD stablecoin often draws parallels with the ill-fated TerraUSD system.
At least for the moment, however, USDD works more like an overcollateralized stablecoin.



Why Tron’s USDD is unlikely to suffer a Terra-like death spiral

In a recent report by DappRadar, a decentralized application (DApp) data aggregator, blockchain gaming and the metaverse have managed to escape the “Lehman Brothers-like” collapse of Terra in May. The report stated that decentralized finance (DeFi) and nonfungible tokens (NFTs) did not fare as well. The study was released last Friday and likened the implosion […]
The post Gamefi and Metaverse Sectors Stay Afloat After Hurricane Hits Terra appeared first on NFT News Today.


Gamefi and Metaverse Sectors Stay Afloat After Hurricane Hits Terra

The firm bought 30 million LUNA in Terra early on and ended up losing. At its peak, the 30 million

Venture Capital ‘Hashed’ Lost Over $3 Billion Following Terra Crash

The London-based firm’s exposure to Terra resulted in its first negative quarter since going public.

Terra Position Cost CoinShares Over $21M: Q2 Report

Terraform Labs and affiliates allegedly increased the revenue of its decentralized finance (DeFi) service 'Anchor Protocol' through insider trading. 
Continue reading South Korean Media Accuses Terra Of Insider Trading at DailyCoin.com.


South Korean Media Accuses Terra Of Insider Trading

Bullish LUNA price prediction ranges from $4.80 to $117.95. The LUNA price might also reach $200 soon. LUNA’s bearish market ...Read More...

Terra Price Prediction – Will LUNA Price Hit $200 in 2022?

Twitter

RT Moonwalk: Last week in partnership with @thedepartmint @TerraZeroTech  and @decentraland we helped @CBS become the first major TV network to launch in the metaverse with @GhostsCBS series.
Read more 👇
http://ow.ly/pRKR50K4xsY
    

RT Moonwalk: Last week in partnership with @thedepartmint @TerraZeroTech  and @decentraland we helped @CBS become the first major TV network to launch in the metaverse with @GhostsCBS series.   Read more 👇 [ow.ly]

Luna Classic eyes the $0.000123 target as bulls fight for control of the altcoin. The Terra community continues Luna Classic ...Read More...

Terra Community Burns LUNC, Luna Classic Eyes $0.000123 Target

Terraforms Lab is being slapped with a class action lawsuit, again. The infamous platform is being accused of misleading investors ...Read More...

Investment Firm Files Lawsuit Against Terra on Behalf of Holders

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Daily updated, latest Terra Luna news from various sources in one place. Breaking LUNA news and updates. Expert reviews, analysis, on one of the most popular cryptocurrency.

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/6acee805-064d-46db-3f45-a83c19be2f00/public" alt="GMT price change report." width="347" height="183" />
The price of GMT, the token of the STEPN project, which specializes in the gamification of non-fungible tokens, has increased by 23.43% in the last 24 hours. At the time of writing, the value of the asset is $3.30
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/97d3cb18-75ac-404e-beb9-579e3d220700/public" alt="GMT price chart" width="347" height="216" />
<a href="https://coinjoy.io/media/548/stepn-is-up-over-200-in-a-week" target="_self" rel="external">STEPN</a> is a <a href="https://coinjoy.io/media/401/zodtv-new-generation-video-transcoding-on-web3" target="_self" rel="external">Web3</a> mobile game where you can buy <a href="https://coinjoy.io/media/567/musk-wants-twitter-crypto-in-war-eth-2-0-shadow-fork-worst-nft-bid-be-in-crypto" target="_self" rel="external">NFT</a> sneakers and earn cryptocurrency by running and walking. To start playing, a user needs to download the application and register. Next, the player has to deposit Solana tokens into the STEPN wallet and purchase a pair of NFT sneakers. All running shoes vary in price and performance. The cheapest pair costs roughly 9 <a href="https://coinjoy.io/media/539/solana-sol-31-march-price-digest" target="_self" rel="external">SOL</a>. Sneakers can be "upgraded" to the next level of profitability or sold on the marketplace within the game. They also tend to &ldquo;tear&rdquo;, thus sometimes they need to be repaired.
The mechanics of earning is complex, as profits depend on many various factors. Besides, STEPN has a randomizer that makes profit per minute unstable. However, according to Reddit users, some manage to earn $40 within a day. More expensive NFTs allow users to earn $85 per run. The app creators take a small fee from such activities as NFT trading, minting, and shoe rentals.
<a href="https://coinjoy.io/media/530/axie-infinity-axs-rises-amid-major-announcement" target="_self" rel="external">Axie Infinity</a> is similar to STEPN: there you need to &ldquo;breed&rdquo; creatures, which you can then sell and earn money with. At STEPN, the mechanics are almost the same: you first need to buy sneakers. Over time, prices increase. For example, at the very beginning, sneakers were sold for about $600, now the simplest version costs almost $1000. Actively running, you can recoup your investment in 1-2 months.
The developer of STEPN, the Australian company <a href="https://devpost.com/FindSatoshilab" target="_blank" rel="nofollow noopener">Find Satoshi Lab</a>, invests in advertising, attracts large investments and enters into agreements with different companies. In January, STEPN received a $5 million seed funding round.
In April, Binance Venture Capital announced a strategic investment in STEPN. The Project Governance Token (GMT) reacted with massive growth.
<blockquote class="twitter-tweet">
What a big day... 😍 Celebrating the new joiner of Binance Labs Family <a href="https://twitter.com/Stepnofficial?ref_src=twsrc%5Etfw">@Stepnofficial</a> - THE BEST of its kind web3 move-and-earn app. Let's Step up N up!<a href="https://t.co/evNkFxrQgx">https://t.co/evNkFxrQgx</a>
&mdash; Binance Labs Fund (@BinanceLabs) <a href="https://twitter.com/BinanceLabs/status/1511661444512681984?ref_src=twsrc%5Etfw">April 6, 2022</a></blockquote>
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STEPN price digest for the 19th of April.

The price of GMT, the token of the STEPN project, which specializes in the gamification of non-fungible tokens, has increased by 23.43% in the last 24 hours.

GMT Leads Altcoin Growth

<h2><img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/657614a9-64e4-4f8b-b797-afb8be6a5e00/public" alt="LUNA, ZEC and APE price change report." width="347" height="183" /></h2>
<h2>LUNA</h2>
On Tuesday, the price of <a href="https://coinjoy.io/news/276031185/luna-price-analysis-after-the-15-spike-was-local-bottom-found" target="_self" rel="external">LUNA</a> surged from $76.44 to a daily high of $91.6, leading the rest of the crypto market. Despite a slight correction from the intraday high, the price is still up 12.35% in the last 24 hours. At the time of writing, the asset is trading at $89.76.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/e4de8bc2-00ed-4b6a-e431-e006ac42a400/public" alt="LUNA price chart" width="347" height="195" />
Thanks to the price increase, the token was ranked eighth again. Within the past 24 hours, daily trading volume has increased by 108% to over $3.1 billion.
In mid March, Do Kwon, the founder and CEO of Terraform Labs, announced that his team would provide BTC to back up its own stablecoin, UST. After that, the startup periodically reported on the acquisition of each new batch of cryptocurrency. Moreover, in addition to BTC, the developers of the LUNA altcoin included the Avalanche coin (<a href="https://coinjoy.io/media/379/elrond-egld-avalanche-avax-15-december-price-digest" target="_self" rel="external">AVAX</a>) in their reserves.
In total, <a href="https://coinjoy.io/media/431/terraform-labs-allocates-4-billion-to-develop-terra" target="_self" rel="external">Terraform Labs</a> plans to invest up to $10 billion in the largest digital currency, Do Kwan said. The other day it was revealed that Terra's reserves in BTC had increased again. The team bought a batch of coins worth up to $100 million. The startup made its first purchase of Bitcoin back in March.
The recent drop in <a href="https://coinjoy.io/media/547/german-police-has-confiscated-hydra-servers-seized-btc" target="_self" rel="external">BTC</a> value has proven to be beneficial for Terra developers. They were able to purchase cryptocurrency at comfortable prices. Now the startup controls 42,406.92 BTC for a total amount of more than $1.7 billion. Thus, Terra may soon become a worthy competitor to MicroStrategy, which also systematically enters the market to acquire BTC.
<h2>ZEC</h2>
At the time of writing, the cost of the <a href="https://coinjoy.io/media/519/mkr-aave-zec-17-march-price-digest" target="_self" rel="external">ZEC</a> token is $157.42. Over the past 24 hours, the price of the asset has increased by 14.18%.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/d1070310-024c-4189-e212-47d60e646f00/public" alt="ZEC price chart" width="347" height="197" />
The peer-to-peer payment system Zcash (ZEC) is being actively developed. Last year, the project published its &ldquo;aggressive&rdquo; roadmap, which details the company&rsquo;s plans up until 2025. 
<blockquote class="twitter-tweet">
It has become clear that the best way for ECC to contribute to the <a href="https://twitter.com/hashtag/Zcash?src=hash&amp;ref_src=twsrc%5Etfw">#Zcash</a> <a href="https://twitter.com/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZEC</a> community over the next three years is to release an official ECC wallet on top of a highly interoperable Zcash protocol that leverages proof-of-stake consensus.<a href="https://t.co/SxMF1pNCTB">https://t.co/SxMF1pNCTB</a>
&mdash; Electric Coin Co. (@ElectricCoinCo) <a href="https://twitter.com/ElectricCoinCo/status/1461720646958956548?ref_src=twsrc%5Etfw">November 19, 2021</a></blockquote>
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The roadmap includes three key future achievements: transition to the Proof-of-Stake consensus algorithm, interoperability and the official ECC wallet. The latter will allow the project team to interact directly with Zcash users, quickly deploy and test new features. The launch of the wallet is scheduled for 2022.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/472e2d89-1cba-464a-496b-e7950fb6eb00/public" alt="Electric coin roadmap." width="347" height="626" />
<h2>APE</h2>
At the time of writing, the value of the ApeCoin asset is $12.20. Over the past 24 hours, the price of the coin has increased by 9.22%.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/655d29a7-a8ae-44fc-6c3c-237cd953ea00/public" alt="APE price chart." width="347" height="220" />
Recently, after an extremely successful <a href="https://coinjoy.io/media/520/apecoin-incredible-volatility-on-the-first-trading-day" target="_self" rel="external">launch</a>, the cryptocurrency has been under active development. Thus, the other day, Coinbase announced the casting of NFT characters from the <a href="https://coinjoy.io/media/532/bayc-parent-company-valued-at-4-5b-russia-and-india-prefer-cbdcs-be-in-crypto" target="_self" rel="external">BAYC</a> collection for the upcoming film The Degen Trilogy. 
<blockquote class="twitter-tweet">
⭐️DEFINITELY SOMETHING⭐️ We're creating an interactive three-part film featuring the <a href="https://twitter.com/BoredApeYC?ref_src=twsrc%5Etfw">@BoredApeYC</a> &amp; <a href="https://twitter.com/apecoin?ref_src=twsrc%5Etfw">@apecoin</a> communities. Come build with us! 👉 <a href="https://t.co/bmp2ZdT6SG">https://t.co/bmp2ZdT6SG</a> <a href="https://t.co/5vIRnbyupu">pic.twitter.com/5vIRnbyupu</a>
&mdash; Coinbase (@coinbase) <a href="https://twitter.com/coinbase/status/1513589848048689152?ref_src=twsrc%5Etfw">April 11, 2022</a></blockquote>
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Owners of selected collectible assets will receive a $10,000 royalty in BTC or ApeCoin tokens.&nbsp;
Meanwhile, two members of the <a href="https://coinjoy.io/media/545/axie-infinity-hack-bayc-discord-mishap-144m-penalty-for-an-italian-bank-be-in-crypto" target="_self" rel="external">BAYC</a> community have recently opened a restaurant in California. 
<blockquote class="twitter-tweet">
👀 <a href="https://twitter.com/HYPEBEAST?ref_src=twsrc%5Etfw">@HYPEBEAST</a> - We appreciate the love! Thank you to the community for making this opening weekend a success! A lot more to come soon. 🦍🍔 <a href="https://twitter.com/hashtag/BAYC?src=hash&amp;ref_src=twsrc%5Etfw">#BAYC</a> <a href="https://twitter.com/hashtag/MAYC?src=hash&amp;ref_src=twsrc%5Etfw">#MAYC</a> <a href="https://twitter.com/BoredApeYC?ref_src=twsrc%5Etfw">@BoredApeYC</a> <a href="https://t.co/9smaMEc71Y">https://t.co/9smaMEc71Y</a>
&mdash; JustBoredAndHungry (@BoredNHngry) <a href="https://twitter.com/BoredNHngry/status/1513599188243652610?ref_src=twsrc%5Etfw">April 11, 2022</a></blockquote>
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They used the &ldquo;bored monkey&rdquo; NFT as their establishment brand. Clients can pay with Ethereum or ApeCoin. BAYC holders include a number of celebrities, among them are Eminem, Madonna, and presumably Justin Bieber.

Terra, Zcash and ApeCoin price digest for the 19th of April.

LUNA (Terra) surges from $76.44 to a daily high of $91.6, ZEC price grows amid Zcash system development, APE’s positive price action sustains.

LUNA, ZEC & APE: 19 April Price Digest 

<img src="https://admin.coinjoy.io/files/33d50f84766fe1bc1de13ac4f36e7598df2361a8.webp" alt="AMC to accept SHIB and DOGE" width="347" height="200" />
AMC Theaters Entertainment, the largest movie theater chain in the US and the world, has begun accepting Dogecoin, Shiba Inu and other altcoins through its mobile app. The AMC has partnered with the BitPay service for accepting cryptocurrency payments. To access the new feature, users need to update the mobile app to the latest version.
<blockquote class="twitter-tweet">
Exactly as promised, the AMC mobile app for AMC&rsquo;s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies &mdash; thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. <a href="https://t.co/MMy7SIxYbl">pic.twitter.com/MMy7SIxYbl</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1515021890431164424?ref_src=twsrc%5Etfw">April 15, 2022</a></blockquote>
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AMC's plans to accept payments in cryptocurrencies were first revealed in August last year, when the company's CEO, Adam Aron, promised that AMC would start selling movie tickets for Bitcoin at the end of 2021. Later, he also stated that <a href="https://coinjoy.io/media/437/ethereum-developers-abandon-the-terms-eth1-and-eth2" target="_self" rel="external">Ethereum</a>, <a href="https://coinjoy.io/media/291/minefield-litecoin-mining-fundamentals" target="_self" rel="external">Litecoin</a> and a fork of <a href="https://coinjoy.io/media/435/bitcoin-btc-24-january-price-digest" target="_self" rel="external">Bitcoin </a>&ndash; <a href="https://coinjoy.io/media/100/bitcoin-cash-july-news" target="_self" rel="external">Bitcoin Cash</a> would be among the means of payment accepted by AMC.
In September 2021, Aron conducted a Twitter poll on whether users would support the idea of adding Dogecoin.
<blockquote class="twitter-tweet">
I sincerely want to hear your opinion, via this Twitter Poll. By year-end 2021, AMC will take Bitcoin, Etherum, Litecoin and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1440350526768484361?ref_src=twsrc%5Etfw">September 21, 2021</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
 Users approved of the idea, and in October, the company began accepting Dogecoin &ndash; a meme-cryptocurrency popularized by businessman <a href="https://coinjoy.io/media/404/elon-musk-dogecoin-nft-metaverse-an-ultimate-2021-year-ender" target="_self" rel="external">Elon Musk</a> &ndash; as a means of payment. The company has also started selling digital gift cards for <a href="https://coinjoy.io/media/557/dogecoin-will-perform-offline-transactions-via-starlink" target="_self" rel="external">DOGE</a> and other cryptocurrencies. Currently, Dogecoin can be used to purchase digital gift cards up to $200 through the BitPay crypto wallet. Payments can be made on the company's website, via a mobile application and in the cinemas themselves.
Later, Aron asked users what other cryptocurrencies should be accepted by movie theater chains. More than 153K users took part in the survey, of which 81.4% voted for Shiba Inu.
<blockquote class="twitter-tweet">
TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1454023849528410115?ref_src=twsrc%5Etfw">October 29, 2021</a></blockquote>
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Last November, AMC finally began accepting BTC, ETH, LTC and BCH.
<blockquote class="twitter-tweet">
Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please&hellip; Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. <a href="https://t.co/a7pqYBm7HB">pic.twitter.com/a7pqYBm7HB</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1458974884609019916?ref_src=twsrc%5Etfw">November 12, 2021</a></blockquote>
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AMC Entertainment <a href="https://investor.amctheatres.com/newsroom/news-details/2021/AMC-Entertainment-Confirms-October-Theatre-Admissions-Revenue-for-AMC-Both-in-the-United-States-and-Internationally-the-Highest-It-Has-Been-in-Any-Month-Since-Covid-Forced-the-Closure-of-Theatres-Early-In-2020/default.aspx" target="_blank" rel="nofollow noopener">owns</a> approximately 1,000 movie theaters in the US and Europe, but the company was forced to close them down due to the coronavirus pandemic. In 2020, the network's losses amounted to $4.6 billion, and in the second quarter of this year, they reached roughly $344 million.

AMC has begun accepting Dogecoin and Shiba Inu through its mobile app.

AMC Theaters, the largest movie theater chain in the US, has begun accepting Dogecoin and other altcoins on its platform through a mobile app.

AMC Cinema Chain Adds DOGE Support to Mobile App

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/130200d0-cf5a-46ec-3565-e9d9338a0200/public" alt="DCR price digest" width="347" height="183" />
The new week started with another rollback of BTC and other digital currencies.
Over the past 24 hours, the capitalization of the crypto market has decreased by another 4% to $1.801 trillion. <a href="https://coinjoy.io/media/547/german-police-has-confiscated-hydra-servers-seized-btc" target="_self" rel="external">BTC</a> fell to a monthly low. On Monday, April 15, the largest digital currency retreated to $38,580.
The rest of the cryptocurrency market &ldquo;goes hand in hand&rdquo; with the main US stock indices, while the correlation with them only intensifies amid the ongoing downward correction. Most altcoins also went into the red zone, the average losses of the leading L1 tokens ranged from 4% to 6%.
<a href="https://coinjoy.io/media/522/btc-eth-etc-21-march-price-digest" target="_self" rel="external">ETH</a> fell below $2,900 during the Asian session. At the time of the current review, BTC and ETH are trading at $38,878 and $2,898, respectively.
Cardano (<a href="https://coinjoy.io/media/129/cardano-ada-analysis-what-is-ada-where-to-buy" target="_self" rel="external">ADA</a>) and Solana (<a href="https://coinjoy.io/media/539/solana-sol-31-march-price-digest" target="_self" rel="external">SOL</a>) suffered the biggest losses from the top ten altcoins, these coins lost more than 7% in value and fell to $0.8805 and $95.53. <a href="https://coinjoy.io/media/563/xrp-15-april-price-digest" target="_self" rel="external">XRP</a>, Avalanche (<a href="https://coinjoy.io/media/379/elrond-egld-avalanche-avax-15-december-price-digest" target="_self" rel="external">AVAX</a>) and Dogecoin (DOGE) retreated about 6% to $0.736, $72.94 and $0.134.
However, there are pleasant exceptions.Thus, over the last 24 hours, the price of the <a href="https://coinjoy.io/media/557/dogecoin-will-perform-offline-transactions-via-starlink" target="_self" rel="external">DCR</a> (Decred) token has increased by 17.13%. At the time of writing, the value of the asset is $67.41.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/2cd32e5c-bcbc-49d2-a19d-080ba4202400/public" alt="DCR price chart" width="347" height="223" />
DCR is a cryptocurrency that aims to solve the scalability problem faced by BTC. The activation of hard forks in the BTC and Bitcoin Cash blockchains was caused by a disagreement within the coin communities. <a href="https://decred.org/" target="_blank" rel="nofollow noopener">Decred</a> is decentralized and self-governing, therefore the network cannot be hard forked until the majority of stakeholders agree to it. This unique approach to dealing with hard forks issues could help Decred establish itself in an increasingly competitive cryptocurrency market.
The main advantages of Decred are decentralization, mining, which is available via conventional graphics cards, as well as the use of a hybrid PoW + PoS consensus model.
The project stakeholders are currently <a href="https://coinmarketcap.com/cryptown/articles/24481" target="_blank" rel="nofollow noopener">voting</a> on the four consensus agendas included in Decred v1.7. If consensus is reached, new rules will come into play. The rapid development of the project is the key to a permanent increase in the price of the asset.

Decred price digest for the 18th of April

Over the last 24 hours, the price of the DCR (Decred) token has increased by 17.13%. At the time of writing, the value of the asset is $67.41.

Decred (DCR): 18 April Price Digest

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/e33db335-4c15-4e10-31be-1f1467044700/public" alt="Elon Musk Want to Buy twiter" width="347" height="195" />
<h2 id="h-elon-musk-and-twitter">Elon Musk and Twitter</h2>
On April 9th, Elon Musk was unveiled as Twitter&rsquo;s largest shareholder and was widely expected to take a place on the company&rsquo;s board. However, things took a U-turn when Twitter CEO Parag Agrawal,&nbsp;<a href="https://beincrypto.com/elon-musk-says-no-to-twitter-board-membership/" target="_blank" rel="noopener nofollow">announced</a>&nbsp;that Musk would no longer be joining Twitter&rsquo;s Board. &nbsp;
On Thursday, Musk revealed that he filed a tender offer with the SEC, offering to&nbsp;<a href="https://beincrypto.com/elon-musk-offers-to-buy-twitter-in-hostile-takeover/" target="_blank" rel="noopener nofollow">buy Twitter for $43 billion</a>. His hostile takeover strategy involved offering stakeholders $54.20 per share in cash, and was driven by his desire to unlock Twitter&rsquo;s extraordinary potential and lack of faith in the directors.
His quest to buy Twitter has hit several roadblocks, with some pundits alleging that $54.20 per share is a small amount compared to the $70 that it reached last year. Less than a day after announcing his desire to buy the company, he was&nbsp;<a href="https://beincrypto.com/musk-no-longer-largest-twitter-shareholder-but-there-is-backup-plan/" target="_blank" rel="noopener nofollow">toppled</a>&nbsp;as Twitter&rsquo;s largest shareholder by Vanguard Group.
&ldquo;My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,&rdquo; said Musk. His comments have been construed as a threat to dump his holdings, leading to a steep decline in Twitter&rsquo;s value.
<h2 id="h-the-twists-and-turns-of-russia-ukraine-war">The twists and turns of Russia-Ukraine war</h2>
From Musk and Twitter to the geopolitical crisis in Ukraine, Russia&rsquo;s continued invasion and presence in the country has triggered a spike for crypto assets, as citizens turned to them to hedge their wealth while entities used them to raise funds for charity.
Despite the initial surge, Bitfury&rsquo;s Crystal Blockchain argues that there have been&nbsp;<a href="https://beincrypto.com/ukraine-war-not-driving-crypto-market-activity-says-blockchain-firm/" target="_blank" rel="noopener nofollow">no large spikes of on-chain activity</a>&nbsp;since the first week of the conflict.
Following the slamming of sanctions on Russia and certain entities, there have been heightened levels of concern that oligarchs could turn to cryptocurrencies to bypass sanctions. A Chainalysis report debunked the claims by arguing that using the &ldquo;<a href="https://beincrypto.com/russian-oligarchs-unlikely-to-evade-sanctions-easily/" target="_blank" rel="noopener nofollow">free float</a>&rdquo; model, it would be difficult to move a large cache of funds without causing &ldquo;major price crashes.&rdquo;
On the other hand, the Russian Ministry of Finance is one step closer to providing a&nbsp;<a href="https://beincrypto.com/russia-working-to-legalize-crypto/" target="_blank" rel="noopener nofollow">comprehensive framework for cryptocurrencies</a>&nbsp;that provides clarity for investors.
The draft legislation is incredibly detailed and it is believed that the stiff sanctions imposed by Western powers may be responsible for the latest move.
<h2 id="h-women-are-flipping-the-script-in-crypto">Women are flipping the script in crypto</h2>
Men have always dominated cryptocurrency circles, but research carried out by Australian exchange, BTC Markets, has noted the&nbsp;<a href="https://beincrypto.com/more-women-investing-in-crypto-proving-superior-to-men-says-recent-study/" target="_blank" rel="noopener nofollow">turning of the tides</a>.
According to the report, female participation in the space has surged to over 172% in 12 months, while male participation hovers around 80 percent.
Even with new participants in the space, women are reportedly still making larger initial deposits than men. The report noted that women were more risk-averse than men, which impacts trading behavior, as women only traded twice daily compared to men that traded up to 5 times a day.
Their superior risk aversion has paid dividends for the women, as the data from Fidelity shows that women performed better than men by&nbsp;<a href="https://www.cnbc.com/2022/04/11/op-ed-heres-why-women-are-better-investors-than-men.html?&amp;qsearchterm=cryptocurrency" target="_blank" rel="noopener nofollow">up to 0.4%</a>&nbsp;on average. Fidelity&rsquo;s report seconded several points raised by BTC Markets and went on to note the growing amounts that women were putting into investment vehicles.
<h2 id="h-ethereum-2-0-is-upon-us">Ethereum 2.0 is Upon us</h2>
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/ca01c7eb-78b3-4f9c-5c0d-11aff38adc00/public" alt="Ethereum 2.0 is coming" width="347" height="195" />
During the week, Ethereum&rsquo;s&nbsp;<a href="https://beincrypto.com/first-shadow-fork-goes-live-on-ethereum-ahead-of-proof-of-stake-testing/" target="_blank" rel="noopener nofollow">first mainnet shadow fork went live</a>, bringing the network closer to the transition to&nbsp;<a href="https://beincrypto.com/learn/proof-of-work-explained/" target="_blank" rel="noopener nofollow">Proof-of-Stake</a>. To date, the shadow fork merge has processed over 1.5 million transactions and has an average block time of 13.8 seconds.
&ldquo;We&rsquo;re very close to a historical event. We&rsquo;re testing PoS on Ethereum. Today will be the first mainnet shadow fork ever. We&rsquo;re roughly 690 blocks (~2 h) away from TTD,&rdquo; Marius Van Der Wijden, a leading Ethereum developer shared to Twitter.
With the conclusion of the mainnet shadow fork, the devs have lined up another on the 22nd of April. The upcoming shadow fork will offer clarity regarding the timeline of the actual merge that would see the network leave the&nbsp;<a href="https://beincrypto.com/learn/proof-of-work-explained/" target="_blank" rel="noopener nofollow">Proof-of-Work</a>&nbsp;consensus mechanism behind.
<h2 id="h-jack-dorsey-s-nft-tweet">Jack Dorsey&rsquo;s NFT Tweet&nbsp;</h2>
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/bb8cd50f-4d05-4a66-2279-64f9273dc100/public" alt="Dorsey's Tweet NFT" width="347" height="231" />
Jack Dorsey&rsquo;s NFT tweet that garnered $2.9 million last year, has&nbsp;<a href="https://beincrypto.com/jack-dorseys-2-9m-nft-tweet-auctioned-top-bid-reaches-280/" target="_blank" rel="noopener nofollow">failed to hit stellar numbers</a>&nbsp;after it was relisted for sale. The bids for the NFTs amounted to just 7 with the highest bid being for a paltry $280 despite having an opening bid fixed at $48 million.
The NFT was purchased in March 2021 by Sina Estavi, the founder of two cryptocurrency firms in Malaysia. Estavi stated that he would donate 50% of the proceeds from the resale to charity. Given the poor showing of the auction, Estavi noted that he &ldquo;might never sell it&rdquo;.
The poor showing of Dorsey&rsquo;s NFT tweet is a symptom of the broader decline across the NFT ecosystem, which is evident throughout Crypto Twitter. Transaction volumes in the space are down by over 80% from January while average daily prices had fallen from $6,200 to less than $2,000.

On April 9th, Elon Musk was unveiled as Twitter’s largest shareholder and was widely expected to take a place on the company’s board. However, things took a U-turn when Twitter CEO Parag Agrawal, announced that Musk would no longer be joining Twitter’s Board.  

Musk Wants Twitter, Crypto in War, ETH 2.0 Shadow Fork, Worst NFT Bid - Be[In]Crypto

Binance Twitter Official

The #Ethereum Merge is coming, and now you know when. https://twitter.com/binance/status/1558166528415219713/photo/1 https://pbs.twimg.com/media/FZ-4MwbWYAMOFZf.jpg:large

    

The #Ethereum Merge is coming, and now you know when. [twitter.com] [pbs.twimg.com]

Decentraland

RT Hypemoon: Nostalgia just hit with @Snapple bringing the first bodega to the #metaverse...
Read more 👇
https://hypemoon.com/2022/8/snapple-brings-nostalgia-into-metaverse-with-first-beverage-bodega
#snapple #realfacts #NFTCommunity #nfts #decentraland
    

RT Hypemoon: Nostalgia just hit with @Snapple bringing the first bodega to the #metaverse...  Read more 👇  [hypemoon.com]  #snapple #realfacts #NFTCommunity #nfts #decentraland

RT tangpoko: TONIGHT!
Celebrating Fashion in @Decentraland!
MVFW Summer Gala
Fri 8/12 + Sat 8/13
3pm PT/6pm ET
Friday: Open House / Guided Tours
Saturday: ✨Babydoll Awards✨
DJ Max Volante and DJ Guccitoe https://twitter.com/tangpoko/status/1558122046881599488/photo/1 https://pbs.twimg.com/media/FZ-PPNNUsAUxnLJ.jpg:large

    

RT tangpoko: TONIGHT!  Celebrating Fashion in @Decentraland!  MVFW Summer Gala  Fri 8/12 + Sat 8/13  3pm PT/6pm ET  Friday: Open House / Guided Tours  Saturday: ✨Babydoll Awards✨  DJ Max Volante and DJ Guccitoe [twitter.com] [pbs.twimg.com]

RT metazooxyz: TONIGHT IS THE NIGHT
the return of @stoney_eye  for #CLUBNIGHTS WEEK 70 at #MetaZooInternational in @decentraland
4PM PST / 7PM EST / 11 PM UTC https://twitter.com/stoney_eye/status/1557874378850725889
    

RT metazooxyz: TONIGHT IS THE NIGHT  the return of @stoney_eye  for #CLUBNIGHTS WEEK 70 at #MetaZooInternational in @decentraland   4PM PST / 7PM EST / 11 PM UTC [twitter.com]

AxieInfinity

RT AndrewSteinwold: NFT collections by all-time sales volume:
1. Axie Infinity - $4b
2. Bored Ape Yacht Club - $2.3b
3. CryptoPunks - $2.3b
4. Mutant Ape Yacht Club - $1.7b
5. Art Blocks - $1.3b
6. NBA Top Shot - $1b
7. Otherdeed - $1b
8. Azuki - $786m
9. CloneX - $716m
10. Moonbirds - $579m
    

RT AndrewSteinwold: NFT collections by all-time sales volume: 1. Axie Infinity - $4b 2. Bored Ape Yacht Club - $2.3b 3. CryptoPunks - $2.3b 4. Mutant Ape Yacht Club - $1.7b 5. Art Blocks - $1.3b 6. NBA Top Shot - $1b 7. Otherdeed - $1b 8. Azuki - $786m  9. CloneX - $716m 10. Moonbirds - $579m

Polka City

Polkacity AMA & Raffle starting now!
Come join us
🔗 http://Twitch.com/cryptoforland
Thank you
The Polkacity Team
#POLKACITY #POLC #TWITCH #BSC #CRYPTO https://twitter.com/PolkaCity/status/1558153783741337600/photo/1 https://pbs.twimg.com/media/FZ-sGbFUcAAZysY.jpg:large

    

Polkacity AMA & Raffle starting now!   Come join us   🔗 [twitch.com]  Thank you   The Polkacity Team  #POLKACITY #POLC #TWITCH #BSC #CRYPTO [twitter.com] [pbs.twimg.com]

The Sandbox Game

#SandboxAlphaS3 is coming 🔜
If we were to throw a BIG party, who are you bringing with you and why?
Asking for a friend 👀🥳 https://twitter.com/TheSandboxGame/status/1558151455374278657/photo/1 https://video.twimg.com/tweet_video/FZ-qeAOXEAA66fB.mp4#w=1280&h=720

    

#SandboxAlphaS3 is coming 🔜  If we were to throw a BIG party, who are you bringing with you and why?  Asking for a friend 👀🥳 [twitter.com] [video.twimg.com]

CZ Binance

The atom, the byte, and the satoshi.
    

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