Daily Digest – May 11th

• Terra (LUNA) plummets 98% as Binance halts withdrawals, Do Kwon outlines recovery plan.

• Valkyrie receives second futures Bitcoin ETF approval under the 33 Act.

• Dapper Labs launches $725 million fund to enhance the FLOW ecosystem.

• The EU moves to regulate DeFi, while the U.K. looks to support safe crypto adoption.

• Coinbase execs confirm that the exchange is not buying Robinhood.

Shiba Inu’s Stablecoin Nearly Finished – SHIB Presents Financial Ecosystem

In spite of the value of its token slumping 30% in the last 7 days, Shiba Inu has growing ambitions. On May 10th, Shiba Inu announced that the main financial components of the...

To Buy or Not to Buy Bitcoin? That Is the Question

Bitcoin (BTC), and indeed all risk assets including crypto mining and tech stocks, has been in free-fall since last week, after the Federal Reserve announced...

MicroStrategy (MSTR) Falls 24%, and Risks a Potential 96% Crash as Bitcoin Remains in Free-fall

As the turbulent crypto market witnessed the price of Bitcoin (BTC) plunge to $30k, MicroStrategy, one of the biggest corporate holders of the leading crypto, has seen its share...

Shiba Inu vs. Dogecoin: Who Will Survive the Crypto Beatdown?

In spite of the crypto market panic set in motion last week, Shiba Inu and Dogecoin have shown that they can stand their ground. However, cutting down on the recent losses is not an easy task. Dogecoin has managed to regain...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team