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Top Crypto News: Bitcoin Price Stuck Below $29K as Terra LUNA Revives

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Price Trend  Price for May 29, 2022  Percentage change 
The global cryptocurrency market cap  $1,200,402,697,012
The total crypto market volume $50,005,475,753
Bitcoin Price $28,950.91 0.61%
Ethereum Price  $1,774.93 0.94%

*All prices are latest by 09:50, 29 May 2022.

Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.


Crypto Price* Percentage Change
Avalanche (AVAX) INR 1,988.66 6.03%
Alpaca Finance (ALPACA) INR 25.71 4.88%
Quant (QNT) INR 5,354.87 3.89%

*All prices are latest by 09:50, 29 May 2022.


Crypto Price* Percentage Change
Mirror Protocol (MIR) INR 25.09 -18.03%
STEPN (GMT) INR 75.11 -11.22%
Kyber Network (KNC) INR 149.55 -5.06%

*All prices are latest by 09:50, 29 May 2022.

Crypto Market Buzz

Bitcoin price stuck below $29K as Terra LUNA comes back from the dead

Data from trading view showed that the largest cryptocurrency sticking in a narrow short-term range into the weekend. This caused yet another frustrating day for Bitcoin analysts as the token refused to show any volatility up or down. 

Unlike Bitcoin, equities markets were making the most of a continued downtrend in the strength of the U.S. dollar. Crypto analyst Matthew Hyland noted that the index’s reversal meant that it was now challenging its overall uptrend from the beginning of the year.

Source: CoinTelegraph

Terra to Burn 1.3 Billion UST Tokens as LUNA 2.0 Airdrop Moves Forward

The Terra community has voted through the protocol’s governance system to burn all TeraUSD that the project’s community pool held, along with the UST deployed for past liquidity incentives on the Ethereum network. The vote will see Terraform Labs, which is Terra’s core development organization, move to execute the burn. 

Source: CryptoGlobe

Top Altcoin News

STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?

The huge downtrend seen by the crypto community on STEPN in the last month is now appearing to have come to exhaustion. Though the downside pressure of GMT remains as an analyst calls STEPN a “hype-driven speculative frenzy.”

GMT’s price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price fell in the same range, which had acted as support before GMT’s 500% and 120% price rallies in March and early May, respectively.

Source: CoinTelegraph


New Coin Market Capitalization Circulating Supply
GLMR Price $1,207,684,686 274,149,236.00 GLMR
LPT Price $310,680,808 23,886,099.16 LPT
KAVA Price $404,822,483 198,716,301.00 KAVA
GMT Price $6,359,628,198 600,000,000.00 GMT

*All prices are latest by 10:30, 29 May 2022.

Additional Read:

  1. What is Moonbeam GLMR Crypto?
  2. How to buy LPT Crypto in India?
  3. What is KAVA crypto?
  4. What is Stepn GMT?
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