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Today’s Top Crypto News – Friday, 5/27/22

•Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning – CoinTelegraph “MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.” •Stepn to Bar Gameplay in China, Sending ‘Move-to-Earn’ Token GMT Spiraling – Coindesk “The crypto rewards game’s GMT token has fallen […]

By Matt Montemayor · May 27, 2022
Today’s Top Crypto News – Friday, 5/27/22

•Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning – CoinTelegraph

“MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.”

•Stepn to Bar Gameplay in China, Sending ‘Move-to-Earn’ Token GMT Spiraling – Coindesk

“The crypto rewards game’s GMT token has fallen 38% in the last 24 hours, according to CoinGecko.”

•‘Not the decoupling we wanted,’ crypto investor says as bitcoin slumps, stocks rise. Can digital assets make a comeback in 2022?- MarketWatch

“One analyst highlighted $22,000, $20,000 and $17,840 as “realistic downside targets” for bitcoin in the second half of the year.”

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