In brief
#CoinMarketCap's Heat Map, updated as of May 31st 🔥
Finally seeing some green on the charts! 🟢 pic.twitter.com/gRMXF03Zi4— CoinMarketCap (@CoinMarketCap) May 31, 2022
$117,402.00
-0.41%$2,930.16
-1.95%$2.71
-2.75%$682.90
-1.48%$160.12
-2.22%$0.999877
-0.00%$0.196128
-5.98%$0.3006
-0.16%$2,927.30
-2.00%$0.701044
-3.76%$46.55
0.30%$117,165.00
-0.39%$3,537.70
-2.08%$0.381817
2.74%$3.37
-2.85%$14.96
-4.39%$505.48
-5.71%$20.55
-2.90%$9.08
0.47%$0.193953
-3.43%$3,139.42
-2.14%$0.00001312
-4.26%$2.97
-0.65%$0.999796
-0.01%$2,928.38
-2.05%$92.47
-3.98%$45.96
-1.55%$1.00
-0.11%$329.07
-0.69%$117,403.00
-0.36%$3.86
-4.13%$1.00
0.03%$0.00001218
-5.69%$4.36
-3.32%$8.31
-5.67%$300.44
-1.92%$381.27
-4.97%$0.459604
-5.65%$0.10121
-1.85%$1.18
-0.10%$4.76
-5.76%$2.46
-5.03%$48.38
-1.75%$1.00
0.00%$5.26
-4.18%$194.60
-2.01%$18.03
-3.49%$0.866394
-5.00%$1.059
-0.02%$1.00
-0.02%$0.082762
-7.82%$0.64261
2.76%$4.56
-3.92%$0.226529
-3.79%$0.321568
-8.09%$0.02344157
-5.52%$0.00002596
11.87%$0.393539
-5.71%$4.49
0.82%$9.57
-5.79%$15.99
-2.30%$0.21573
-5.01%$3.55
-5.51%$0.681629
-8.08%$0.319736
-5.20%$2,928.46
-2.07%$1.021
-6.62%$2.52
-4.51%$116,926.00
-0.66%$0.077526
-4.84%$110.96
-3.77%$4.70
-0.90%$170.05
-2.11%$0.999879
0.01%$11.39
-0.93%$0.998135
-0.04%$0.02278653
-3.60%$1.52
-11.01%$0.47131
-6.52%$3,069.88
-2.02%$3,338.73
-2.00%$1.00
-0.01%$1.86
-8.30%$1.26
-1.47%$1.26
-3.37%$4.37
-3.83%$12.19
-4.68%$0.01687274
-1.50%$0.733896
-4.15%$0.069563
-5.29%$0.639234
-7.13%$1.71
-3.82%$0.345861
-6.20%$3,147.66
-1.56%$3,077.19
-2.25%$117,142.00
-0.49%$1.00
-0.01%$0.999736
-0.07%$3,082.72
-2.04%$0.613826
-20.60%$0.953807
-5.88%$117,085.00
-0.37%$1.11
0.01%$3,351.39
0.08%$0.00009668
-3.55%$0.094409
-5.09%$0.493508
-5.58%$11.50
-13.91%$682.79
-1.62%$0.155955
-2.77%$118,196.00
-0.75%$0.999741
0.03%$3,164.41
-2.07%$0.61154
-5.29%$179.86
-2.05%$0.526278
-5.04%$3,354.10
0.15%$209.14
-2.10%$2.29
-9.15%$0.775605
-5.02%$0.01651746
-6.33%$10.74
0.00%$0.185743
-3.44%$0.804508
-7.04%$21.37
-4.78%$2.63
-6.53%$111.77
0.02%$0.283585
-3.91%$0.014212
-5.58%$41.69
-3.74%$0.997968
-0.03%$0.00000068
-0.07%$0.00000168
-1.85%$0.253034
0.68%$2,928.17
-2.06%$0.769683
-4.71%$1.88
-5.55%$46.45
0.43%$0.112539
-6.05%$3,149.75
-1.43%$0.610234
-0.49%$1.094
0.56%$3.82
-6.12%$116,692.00
-0.37%$116,990.00
-0.37%$3,061.08
-3.13%$2,929.11
-2.00%$0.373439
-2.86%$0.999482
0.02%$0.00873458
-4.55%$0.997815
-0.01%$0.302133
-3.88%$3.04
3.52%$0.01618528
-4.81%$117,417.00
-0.27%$0.539413
-4.27%$0.054438
-6.93%$0.533927
-5.19%$0.496185
-9.73%$46.44
0.49%$0.386209
-6.91%$1.65
-4.84%$0.999783
0.01%$1.47
-5.26%$25.94
-2.59%$0.643028
-5.66%$2,928.89
-2.03%$0.195642
-5.92%$1.00
-0.04%$0.998524
-0.08%$0.095208
-2.71%$0.134105
-10.65%$0.220969
-0.73%$3,120.34
-1.87%$0.420102
0.39%$0.999812
-0.01%$0.591462
-5.99%$0.00761441
-7.19%$0.00000045
0.01%$0.062366
0.34%$0.00443224
-9.61%$45.93
-4.24%$6.11
-3.37%$7.54
-2.63%$15.03
-3.45%$0.304294
-2.04%$3,232.96
-2.02%$1.11
-7.11%$0.00002073
-2.30%$1.094
-0.01%$0.345148
-5.46%$0.162726
-4.32%$1.003
0.47%$1.29
-8.10%$116,829.00
-0.63%$2.43
-4.29%$6.12
-6.57%$0.00434069
-4.26%$1.003
0.27%$3,205.22
-2.04%$0.148209
-4.19%$0.053515
-9.05%$0.03921335
-4.39%$0.523928
-5.22%$1.54
-9.11%$2,928.83
-2.15%$0.999897
0.01%$2,928.74
-2.00%$0.03626791
-1.19%$0.01856708
0.96%$0.362228
-5.02%$2,926.78
-2.15%$117,141.00
-0.46%$0.999698
-0.01%$1.28
4.13%$0.07456
-8.52%$0.00661359
-7.48%$0.345504
-8.81%$20.90
-0.47%$174.92
-1.94%$0.514639
-3.50%$0.00006164
-4.37%$126.40
-1.29%$0.73115
-3.83%$11.25
-0.60%$0.227068
-3.50%$3,539.37
-2.14%$1.10
-11.38%$0.803447
-10.63%$25.04
-2.68%$0.999427
-0.02%$0.998934
-0.20%$0.999283
-0.02%$0.0036883
-3.69%$0.739581
-3.52%$20.60
-2.90%$0.658799
-1.36%$1.00
0.01%$0.02785803
-7.86%$117,347.00
-0.54%$1.02
-0.02%$2,357.45
-0.40%$0.288842
14.74%$0.00414377
-8.79%$16.92
-0.16%$3,074.01
-1.99%$0.466903
-0.12%$0.00327574
-8.55%Reading
Bitcoin and Ethereum, the top two cryptocurrencies by market capitalization, saw a 5% jump in price in the last 24 hours as the crypto market struggles to recover from the spectacular crash following the collapse of the TerraUSD stablecoin, with Bitcoin briefly reclaiming $32,000 before falling again.
#CoinMarketCap's Heat Map, updated as of May 31st 🔥
Finally seeing some green on the charts! 🟢 pic.twitter.com/gRMXF03Zi4— CoinMarketCap (@CoinMarketCap) May 31, 2022
Currently, Bitcoin is trading at $31,790 per coin, up by $1,090 in the last 24 hours. Today marks a three-week high for Bitcoin; the last time Bitcoin was over $32,000 was May 9, according to data from CoinMarketCap.
The price of Ethereum has seen its price fall below $2,000 several times since May 21. Currently, Ethereum is trading at $1,942, up by $20.50 according to CoinMarketCap.
The price of Ethereum continues to hover just over $1,940 as it readies for “The Merge,” a long-planned blockchain upgrade set for August that will transition Ethereum from a power-hungry proof-of-work system to a more environmentally friendly proof-of-stake mechanism.
Across the board, the cryptocurrency market has been in a slump since March 8, when TerraUSD lost its peg to the U.S. dollar. Despite seeing green today, Bitcoin is down 53% from its all-time high of $68,789 on November 10, and Ethereum is down 60% from its all-time high of $4,891 on November 16.
Crypto bloodbath! How low will the major coins go, and what about Terra and stablecoins? Decrypt’s Dan Roberts, Jeff Benson, Stacy Elliott and Jason Nelson will discuss the news and parse through what’s happened and what might happen next.
Stablecoin issuer Tether is ending its USDT support for five blockchains effective on September 1, the company announced on Friday, ending redemptions and freezing the remaining assets on those blockchains. Last June, the firm ended its minting function on Algorand and EOS (now called Vaulta), meaning it would no longer issue new stablecoins on those chains. In 2023, it announced the same for Bitcoin Cash, Kusama, and Omni Layer Protocol. Now, Tether has put a hard end date on its stablecoin s...
Solana token launchpad Pump.fun is prepping for its initial coin offering, aka ICO, on Saturday, July 12. With U.S. and UK citizens banned from participating, traders are eagerly awaiting its full launch to purchase PUMP—but will it pump or dump once it starts trading? The token is set to go on sale via six centralized exchanges (Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io) as well as the Pump.fun website Saturday, with 150 billion tokens up for grabs at $0.004 each. Within 48 to 72 hours a...
U.S. spot Bitcoin exchange-traded funds pulled in over $1.17 billion on Thursday, notching their second-highest day of inflows ever as institutional capital flooded into digital assets. The massive inflows to Bitcoin ETFs were led by BlackRock's IBIT with $448.5 million, followed by Fidelity's FBTC at $324.3 million and ARK's ARKB with $268.7 million, according to Farside Investors data. Even with $40.2 million in outflows from Grayscale’s GBTC, total net flows turned sharply positive. The infl...