Quick Look
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...
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for...
Quelle surprise: Central African banks scold the CAR for Bitcoin adoption
The governor of the Bank of Central African States (Banque des États de l’Afrique Centrale, BEAC) has issued a scathing letter to...
Here is why TRX is up by more than 3% today
The crypto market is heavily bearish at the moment and has lost more than $200 billion over the past few days. The cryptocurrency market...
Metaverse Project GensoKishi Online Announces a Closed Alpha Ticket (Bronze) Lottery
PRESS RELEASE. GensoKishi Online -Meta World- is developed under the license of the well-known Japanese 3D MMO title “Elemental...
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
Monero (XMR) has shown a surprising resilience against the Federal Reserve’s hawkish policies that pushed the prices of most of its...
Why is NEAR up by more than 7% in the last 24 hours?
The cryptocurrency market has lost more than $200 billion over the past few days. The cryptocurrency market has been in a bearish trend...
ICONFi, hybrid savings platform, launches My Crypto service
ICONFi, a hybrid crypto savings and staking platform, is launching My Crypto for the convenience of users. The service allows users...
Social trading platform NAGAX launches its NFT platform
Cryptocurrency social trading platform NAGAX has launched its non-fungible token (NFT) trading platform. NAGAX, a crypto social trading...
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture...
Highlights May 9: NEAR surges on user growth, LUNA loses 10% after UST peg drop
The crypto market is mostly bearish with the majority of top 100 coins in the red at the time of writing. The new reality of heightened...
Bitcoin whales jumping ship as exchange inflows reach 3-month high
The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of...
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of...
Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits
According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been...
SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the...
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to...
Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky...
Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology
On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash...
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST). The LUNA/USD pair dropped...
Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the...
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s...
Plain talk about NFTs: What they have been and what they are becoming
There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014,...
Joe Rogan Says Bitcoin Is ‘Freaking Out’ Government, the Latest on Inflation, and More — Bitcoin.com News Week in Review
Another whirlwind week in crypto draws to a close, and of course there’s no shortage of spicy stories and new, compelling...
LBank and Adanian Labs Kickstarts a ‘Crypto Accelerator Program’ in Kenya
PRESS RELEASE. The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth...
Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack
Bitcoin (BTC) prepared for a rare bear feature to return on May 8 after an overnight sell-off took the market ever closer to January lows....