- News and analysis
- NAGAX Weekly Recap 23 May - 27 May
NAGAX Weekly Recap 23 May - 27 May
Crypto never sleeps, so let's quickly take a look at the hottest news of this week! 👇🏻
Bitcoin Sees Weakness at $29K as Traders Assess Fed Minutes
In European trading hours on Thursday, Bitcoin (BTC) briefly fell below, then returned above, the $29,000 support level, setting the tone for other major cryptocurrencies, according to statistics. The price drop came after the market's good reaction to the minutes of the US Federal Reserve meeting held on May 3-4, which were released on Wednesday.
ETH 2.0 could happen in August
Preston Van Loon, an Ethereum core developer, told a panel at the Permissionless conference that work is ongoing to complete the Merge within the next three months. Van Loon stated that efforts are being made to finalize the Merge before the next difficulty bomb goes off, stating that the Merge is nearly done, and the team is currently testing. During the conference, Justin Drake, another Ethereum researcher, voiced his "strong desire to make this happen before the difficulty bomb in August." Drake claimed that ensuring the Merge occurred as soon as possible was a top priority.
Own Crypto & Get Paid for It - Staking is live at NAGAX!
That’s right! A hot new drop at NAGAX is here! Stake your Cryptocurrency and practically earn more in your sleep. No other crypto social investing platform has integrated staking rewards quite like this, and we are excited to finally bring it to you! Stake NAGA Coin ($NGC) and other popular cryptos for maximum benefits today in real-time at no extra cost or fee! Continue reading to discover more.
The 'Rebirth' of Terra 2.0 is underway. Could this be the token's turnaround?
Terra 2.0 is officially underway. With the creation of their new blockchain & airdrop to bring back confidence and belief in their project, here’s everything LUNA holders need to know right now!
Uniswap (UNI) - The Ethereum Unicorn in the Making?
Uniswap (UNI) is one of the most discussed cryptocurrencies of 2022. If you've been following the charts, you've probably noticed how fast this cryptocurrency is rising and its limitless growth potential. Uniswap (UNI) is currently in the top 25 cryptos by market cap with a market value of more than $4 billion.
See you next week!