Last May, after compensating for the effects of the Terra collapse, is getting ready to turn green for the last days. Almost all altcoins gained more than 5%. Cardano (ADA), on the other hand, is outpacing BUSD and XRP with an exponential growth of 40%. Here’s the news you shouldn’t miss as the market turns green again.
May star is Cardano (ADA)
- Ethereum developer Tim Beiko has announced that the anticipated Ethereum merge test could begin around June 8.
- Cardano climbed from eighth to sixth place by market cap, surpassing Binance USD (BUSD) and Ripple (XRP). It gained more than 40% in these hours.
- SEC rejects One River Asset Management’s “One River Carbon Neutral Bitcoin Trust” spot Bitcoin EFT. As quoted by
- Kriptokoin.com, some users claimed to have received less LUNA from Terra airdrop. Details can be found here.
- Tether announced that it holds some of its reserves in a small Bahamas bank.
- Tron network’s TVL value rose 45%, reaching third place behind ETH and BNB Chain.
- The number of BabyDoge investors has reached ATH since February, surpassing the Shiba Inu.
- Shiba Inu whales trading volume increased 341% in May with more than 33,000 new SHIB owners.
- Kava Network has added the SUSHI protocol to its developer incentive program, allocating a total of $14 million in funding, with daily rewards of SUSHI and KAVA tokens split equally.
- Lisk (LSK) announced the 5th wave of its grant program. The program will provide bBockchain dApp developers with unlimited access to funds and technical support.
- Ripple opened a new regional office in India amid ongoing SEC litigation.
- An employee of the Terra team explained that Kwon was warned not to start the project because of the high interest that Terra offered to pay the investors of the Anchor Yield program.
- Shiba Inu has become the most purchased token among the top 100 Ethereum whales after announcing its partnership with 450 airlines, 2 million hotels and car rental agency XcelTrip.
- Ripple announced its partnership with the Apex Foundation to move XRP to Avalanche via a fully insured ApexBridge to be built by Apex.
- Cardano’s “treasure” hits a new local high of ADA 927 million, valued at $500 million.
- The South Korean government announced that it would set up a committee for further oversight following the Terra collapse.
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