Daily Digest – May 13th

• LUNA down 100% as supply exceeds 6.5 trillion, whilst Binance delists LUNA amid blockchain shut down.

• Bitcoin recovers to above $30k, pushing market dominance to six-month high.

• Robinhood spikes 20% as FTX chief buys 7.6% stake – Ark Invest buys $3 million in Coinbase shares.

• “Crypto Mom” says stablecoin regulations need to make room for failure, and Janet Yellen calls for regulation.

Dogecoin Shines as Elon Musk Shows Support

Dogecoin (DOGE) ended its downtrend spanning multiple weeks on Thursday, May 12th, as the meme coin rebounded 30% in the past 24 hours. The trend reversal coincided with...

Emirates Airline to Accept Bitcoin and Adopt Blockchain to Attract New Users

Emirates Airline, the national flag carrier of the United Arab Emirates and the largest airline in the world, has become the latest big name to announce plans...

Terra Switched Off Indefinitely, LUNA & UST Barely Alive

Terra has officially suspended block production as of 21:58 EST on Thursday, May 12th. Prior to the decision, Terra had managed to restart the...

Cathie Wood’s Ark Invest Buys $3 Million Worth of Coinbase Shares as the Exchange Tanks

On Wednesday, May 11th, Cathie Wood’s Ark Investment Management purchased a total of 546,579 Coinbase (COIN) shares after...

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