Crypto Ping Pong. The calm before the storm

Market is red. BTC is now trading above $30,250 ETH is trading around $1,800.

💪 Bitcoin dominance: 47.2%

📉 Total Cryptocurrency Market Cap: $1,248 tr

😲 Fear and greed index: 11 (Extreme Fear)

🚀 Gainers(Top-100)

Helium (HNT) +8.74%

Chainlink (LINK) +8.28%

Tezos (XTZ) +8.14%

😭 Losers(Top-100)

Elrond (EGLD) -4.68%

Klaytn (KLAY) -2.89%

Gala (GALA) -2.85%

Caitlin Long's Crypto Bank Custodia Sues Fed Over «Master Account» Delays

Custodia’s lawsuit today alleges that the Fed’s ❌ failure to act has cost the company greatly, requiring it 🚀 to launch with a correspondent bank that possesses its own master account. Such an arrangement, according to Custodia’s attorneys, “eliminates much of the competitive benefit that Custodia would enjoy from using the charter that Wyoming granted it.”

If Custodia’s application for a master account were to be ✔️ approved, it would mark a major milestone in the integration of crypto into the American economy.

Anthony Hopkins Adopts Ethereum Name, Asks Snoop Dogg What NFT to Buy

Actor Anthony Hopkins was one of 💪 the first major Hollywood stars to get into the NFT film space. The storied thespian now appears ready to to dive deeper into the NFT world, sharing his Ethereum Name Service (ENS) name and asking fellow celebrities for art picks.

Along with his updated Twitter profile, Hopkins tweeted to Fallon and fellow Web3-savvy celebrities rapper Snoop Dogg and actress Reese Witherspoon for their recommendations on NFT artwork to purchase.

Binance US Launches High-Yield Crypto Staking for Solana, Avalanche and More

👍 Binance US, the American affiliate of the world’s largest crypto exchange, is now offering cryptocurrency staking services to its clients a move that the company expects will make it more competitive against other U.S.-based rivals, such as Coinbase.

Staking services are now available to Binance US customers holding any of seven select proof-of-stake cryptocurrencies: Binance Coin (BNB), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), The Graph (GRT), Livepeer (LPT), and Audius (AUDIO). According to the company’s Twitter account, more options will be made available in the future.

Chainlink Hits Four-Week High Following Updated Staking Roadmap Release

💵 The price of LINK, the token underpinning the decentralized oracle network Chainlink, has soared to a daily high of $8.86 on Wednesday, a level last seen on May 10.

Though a minor ✍️ correction has brought LINK to $8.41 by press time, it still represents a solid increase of 10.42% over the past 24 hours, according to CoinMarketCap. This also makes Chainlink's token one of 💪 the best-performing assets in the last day as the broader crypto market continues to experience bouts of volatility.

Edge Announces «Confidential» Bitcoin Mastercard But Mastercard Denies Involvement

Edge, the company behind the Edge cryptocurrency wallet, 📢 announced today the 🚀 launch of a new "Confidential Mastercard" that requires no personal identifiable information to use. "Not a name, not a phone number, not an email address," Edge co-founder and CEO Paul Puey told Decrypt in an interview. "Definitely not your actual address, nothing. You can create a virtual card in around 15 seconds inside of Edge."

Edge says the card is issued through a Mastercard template program with Connecticut-based Patriot Bank. Nonetheless, a MasterCard spokesperson reached out to Decrypt after publication to emphasize that Mastercard has no official involvement with Edge's card.

Five South Korean Crypto Exchanges to Delist Litecoin Following Mimblewimble Upgrade

All five of South Korea’s licensed, fiat-trading crypto💱exchanges have 📢 announced they will delist litecoin (LTC) after developers rolled out the Mimblewimble Extension Block protocol.

The five💱exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – all made their LTC delisting announcements “all at once,” News1 reported. This represents a first for the South Korean crypto industry.

New Luna Token Down Almost 90% From Its All-Time High and Keeps Trending Lower

LUNA, the native token of the new Terra blockchain, has 📉 fallen consistently in the market since seeing an initial spike on its first day of trading, with industry observers keep questioning whether the attempt to revive Terra will work.

According to price data from the crypto exchange Bybit – one of the first major💱exchanges to make the new token tradeable – LUNA 🚀 launched on May 28 at a price of USD 0.5. It then went on to rise quickly to a peak of USD 30 within the first hour of trading. As of Wednesday at 13:30 UTC, 💵 the price of the new token stands at USD 3.48, about 35% below the USD 5.5 level that the token hovered around post-launch, and a whopping 88% down from its high on the launch day of USD 30.

Conclusion: More and more superstars are investing in cryptocurrencies and NFTs. We also see how gradually the cryptocurrency and the US economy are getting closer.

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What is Crypto Ping Pong digest?

So all the TC lads here are working quite hard and from time to time we gotta chill.

That’s why we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

During the game, we have a rule not to discuss serious topics like analytics, predictions, etc.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.