Quick Look
Top 4 Terra-related coins to buy amid the LUNA price crash
The Terra LUNA price has crashed hard after the weak performance of the UST stablecoin. The coin has crashed from an all-time high of...
BAYC NFTs prices fall for 6 consecutive days as crypto market crash turns into a crisis
The prices of Bored Ape Yacht Club (BAYC) NFTs have been on a downtrend for the last six consecutive days as the wider crypto market crash...
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’
Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin...
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets....
Mexican Crypto Exchange Bitso Launches Stable Yield Program
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now...
The RBI’s informal pressure prompted trading halt, says Coinbase CEO
The Indian government has cracked down on cryptocurrency activities in recent years. Cryptocurrency exchange Coinbase has revealed that it...
The price of LUNA falls massively after the UST de-pegged from the US Dollar
After weeks of hyping due to the TerraUSD (UST) stablecoin release, the LUNA token has been forced to bite a humble pie after the same...
Cryptocurrency Exchange Kucoin Raises $150 Million in Pre-Series B Funding Round, Reaches $10 Billion Valuation
Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The...
Highlights May 11: Bitcoin loses over 20% in a week, LEO only gainer
The crypto market as a whole continues to suffer with most top 100 coins in the red at the time of writing. Top cryptos Bitcoin lost...
FLOW is down by 5% despite announcing a $725M ecosystem fund
The cryptocurrency market has continued its poor start to the week, losing more than 6% of its value in the last 24 hours. The...
Maker is one of the few winners, will it rally? Top places to buy Maker
Against the backdrop of all-pervasive market gloom, Maker DAO’s MKR token is a ray of hope. Its global traffic is consistently...
Terra continues to plummet, down 73% today: time to buy the dip?
After its stablecoin lost its currency peg to the USD, Terra entered a downward spiral. The tendency continues today, even more...
Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies,...
VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1
The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest...
Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond...
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of...
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve...
Michael Saylor assuages investors after market slumps hurts MSTR, BTC
MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call...
Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a...
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for...
Environmental groups urge US government to take action on crypto miners
A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to...
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last...
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on...
Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat?
Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to...
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value....
Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue
LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost...
Bitcoin’s sell-off is a massive buying opportunity, says Chamber of Digital Commerce CEO
Bitcoin price fell sharply on Monday to break below $30,000 and register its lowest level since July 2021. As the sell-off in the...
May shopping list: 3 coins to consider buying this month
The broader crypto market has started May on a somewhat disappointing note. Some of the major coins like Bitcoin and Ethereum have all...
Top 3 coins to buy as the crypto market dips
The broader crypto market declined sharply at the beginning of May. Most coins in the top ten have all fallen by double figures since the...
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing...
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as...
Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade
Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High
Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets. This move came as...
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per...
10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap
Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021. Data from on-chain...
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who’s using the...
Can Solana become the dominant PoS chain despite persistent outages?
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has...
Here is why LUNA is down by more than 40% in the last 24 hours
LUNA is one of the worst performers amongst the major cryptocurrencies by market cap. The bearish sentiment in the market grows ticker as...
UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO
The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively de-pegged from the $1 peg even as the broader crypto market...
NASA Partners With Epic Games to Create a Martian Metaverse Simulation
NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help...
Crypto lending app Nebeus introduces AVAX-backed loans
Cryptocurrency and crypto-backed lending app Nebeus is always looking for innovative ways to help customers grow and get the most out of...
Terra peg mechanism in doubt as UST crashes to $0.67
The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the...
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD...
KuCoin announces $150M funding round, $10B valuation
KuCoin announces $150 million pre-Series B funding raise. The raise values the global crypto exchange at $10 billion. KuCoin will use the...
HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews
PRESS RELEASE. Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a grant to...
Binance temporarily suspends LUNA, UST withdrawals citing network congestion
As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD...
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that...
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may...
A third of AMC online payments are crypto or digital, says CEO
AMC integrated cryptocurrency payment options a few months ago, and it is starting to gain traction. AMC Theatres CEO Adam Aron has...
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for...
Highlights May 10: Crypto market crashes, Terra down 50%
Crypto futures racked up more than $1 billion in liquidations in the past 24 hours amid major cryptos losing key support levels and weak...
Bitcoin network transactions and fees surge amid investor de-risking
The number of transactions on the Bitcoin network has spiked over the past week, which blockchain analysis firm Glassnode suggests are...
India Considers Imposing 28% GST on All Crypto Transactions: Report
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently...
Mark Zuckerberg confirms NFT feature launch for Instagram and Facebook
Mark Zuckerberg, Meta (Facebook) CEO, said via a post that the Non-Fungible Tokens (NFTs) feature will be introduced to Facebook and...
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with...
Terra peg mechanism in doubt as UST crashes to 67 cents
The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the...
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has...
Luna: Why I sold my UST for 95 cents on the dollar today
I ate a healthy dose of humble pie today, so maybe this article can serve as a form of therapy. I’m talking about Terra, its native...
2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’
While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed....
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising...
Bitcoin retests key $30K support zone as data highlights BTC whale accumulation
Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears...
Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of...
Pro traders adopt a hands-off approach as Bitcoin price explores new lows
Bitcoin’s (BTC) current 20% drop over the past four days has put the price at its lowest level in nine months and while these movements...
Bitcoin loses crucial $35000 support – Should you hold or sell?
Bitcoin (BTC) has continued its fall for 5 days in a row now. The mega-cap is threatening to enter a bear market barely weeks after...
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new...
Ethereum (ETH) falls below $2500 – What to expect next
Ethereum (ETH) is now on a full downtrend. The coin has breached several crucial support zones and fell below $2500 for the first time in...
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the...
Binance signs sponsorship deal with Brazil’s CBF
Binance will over the next three years be the exclusive crypto sponsor of four competitions organised by...
Should you buy Terra LUNA as it gets extremely oversold?
The Terra price crashed to the lowest level since February this year as the cryptocurrencies sell-off accelerated. LUNA dropped to a low...
As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58...
Biggest Movers: DOT, ADA, SHIB Down Under 10%, as WAVES Rallies on Monday
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%....
Bitcoin falls below $32K as on-chain data suggests more pain likely
Bitcoin slipped below $32,000 on Monday and is dangerously close to breaking the $32.5k level amid a major sell-off across...
Game Space Releases Merge Bird on Its GameFi-as-a-Service (GaaS) Platform
PRESS RELEASE. Singapore – Game Space is proud to announce the release of Merge Bird on its GameFi-as-a-Service (GaaS) platform....
Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening....
SHIB price eyes 30% drop with Shiba Inu’s massive triangle breakdown underway
Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB’s returns...
Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza
Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token...
Over 20 investment funds hold Dash, and 40 more plan to add it: Report
Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled...
Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started...
Japanese e-commerce site adopts BTC and XRP payments for used cars
SBI Motor Japan, a subsidiary of SBI Africa Co. Ltd., has announced that its customers can now make payments for used cars using Bitcoin...
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China...
Tron (TRX) price drops 6% after surging on USSD stablecoin reserve boost
Despite starting the week on a 6.1% drop, Tron (TRX) has surged by 9.3% over the past week following the launch of its new...
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening....
Question of centralization faces growing crypto insurance industry
Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced...
Bibox partners with Nuvei to ease access to over 100 cryptocurrencies
Bibox will work with Nuvei to make it easier for people to gain access to nearly 150 cryptocurrencies. Industry-leading AI digital...
NAGAX introduces $100K ‘NFT Creator Fund’ to help artists and content creators
Cryptocurrency social trading platform NAGAX introduces new $100,000 ‘NFT Creator Fund’ NAGAX, a crypto social trading...
Bittrex lost its place due to intense competition, says Bittrex’s CBO
Bittrex was previously one of the largest crypto exchanges in the world in terms of daily trading volume. Bittrex was one of the leading...
Lido DAO (LDO) token is soaring on the Binance listing
Lido DAO (LDO) token, Ethereum-based decentralized finance (DeFi) platform, has rallied over 25% after Binance announced that it will be...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the...