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    Highlights May 12: TerraUSD recovers, Tether peg collapses

    Highlights May 12: TerraUSD recovers, Tether peg collapses

    The crypto market is extremely negative with most top 100 cryptocurrencies deep in the red at the time of writing.  Crypto exchanges saw more than a billion in liquidations. The highest was crypto exchange OKX with $393 million, followed by Binance at $389...

    This unknown play to earn games could have significant potential

    This unknown play to earn games could have significant potential

    Play to earn is by far one of the most exciting new frontiers in crypto. After the massive success of Axie Infinity, newer more exciting projects in play to earn are steadily coming out. But why would you even consider this niche? Here are some reasons: Play-to-earn...

    Top 3 cryptocurrencies to buy and hold during a market sell-off

    Top 3 cryptocurrencies to buy and hold during a market sell-off

    The crypto market has been on the ropes over the past week. Most coins have sharply fallen, and the worst is yet to come. This correction might continue for a few extra months, and it can be tempting to sell off your assets. However, here is why it makes sense to...

    Polygon (MATIC) aims to reclaim $1 after a steep correction

    Polygon (MATIC) aims to reclaim $1 after a steep correction

    Polygon (MATIC) has started to show signs of recovery after a steep correction over the last week or so. The decline in price is part of a broader slump in the wider market, but MATIC appears to be consolidating for its next leg up. Here are the main facts: MATIC has...

    Safemoon price is having a meltdown. Buy the dip?

    Safemoon price is having a meltdown. Buy the dip?

    The Safemoon price is in a sharp freefall as investors doubt whether the coin will survive the current sell-off. The SFM token has declined in the past seven straight weeks and the situation is getting worse. It is now trading at 0.00030, which is the lowest it has...

    Rising global adoption positions crypto perfectly for use in retail

    Rising global adoption positions crypto perfectly for use in retail

    Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective. To this point, a recent...

    Bitcoin 2022 — Will the real maximalists please stand up?

    Bitcoin 2022 — Will the real maximalists please stand up?

    As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going to Miami for the Bitcoin 2022 conference, there seems to be a light...

    Is VeChain a Good Investment? 5 Reasons We Think It Is

    Is VeChain a Good Investment? 5 Reasons We Think It Is

    VeChain is a leading blockchain project that was built by a former senior executive at LVMH, the biggest luxury brand in the world. The original goal of VeChain was to help companies handle their supply chain challenges in a simple decentralized ecosystem. In this...

    Galaxy Digital announces 10% public float repurchase program

    Galaxy Digital announces 10% public float repurchase program

    Galaxy Digital Holdings Ltd. has announced plans to repurchase roughly 10.6 million ordinary shares, comprising 10% of the company’s public float. The financial services and digital assets firm said this in a press release on Wednesday. Per the firm, whose...

    Terra founder Do Kwon shares plan to save the UST stablecoin peg

    Terra founder Do Kwon shares plan to save the UST stablecoin peg

    Do Kwon, CEO of Terraform Labs, will not admit defeat. After an 18-hour wait in which his coins Terra (LUNA) and TerraUSD (UST) endured a face-ripping freefall, Do Kwon has announced his “rescue plan” for the Terra community. Terra is down 90% from its all-time highs,...

    Avalanche drops 30% on fears Terra’s LFG will dump AVAX next

    Avalanche drops 30% on fears Terra’s LFG will dump AVAX next

    Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra’s native stablecoin TerraUSD’s (UST) peg with the U.S. dollar. Major AVAX dump ahead? AVAX’s price dropped about 30% to reach $32.50 on May 11, its lowest...

    Cuba to utilize crypto in an effort to evade sanctions

    Cuba to utilize crypto in an effort to evade sanctions

    Many Cubans were left without an internet connection last summer due to attempts at censorship. In March, Cubans also faced further disruption after an accidental break in the fibreglass of the capital Havana, and mobile internet in Cuba was only set up three years...

    Terra CEO Do Kwon announces UST ‘rescue plan”, LUNA down 92%

    Terra CEO Do Kwon announces UST ‘rescue plan”, LUNA down 92%

    LUNA has dropped more than 90% in the past 24 hours, while UST remains more than 54% off its dollar peg at $0.43. Terraform Labs CEO Do Kwon has outlined how the cryptocurrency platform plans to handle the de-pegging from the US dollar that has over the past few hit...

    Top 4 Terra-related coins to buy amid the LUNA price crash

    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 $120 to the current $2.8. Terra USD stablecoin has also crashed from $1 to about $0.45. Here are some of the top cryptocurrencies...

    Mexican Crypto Exchange Bitso Launches Stable Yield Program

    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 allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer...

    FLOW is down by 5% despite announcing a $725M ecosystem fund

    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 crypto market has been performing poorly since the start of the week. The market has lost nearly 7% of its value in the last 24 hours,...

    Terra continues to plummet, down 73% today: time to buy the dip?

    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 prominently than yesterday, when LUNA “only” lost half of its value.  Terra had dropped to #14 on Coinmarketcap, but today,...

    May shopping list: 3 coins to consider buying this month

    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 fallen sharply from their rallies in April. While this is concerning, it means there is also a good opportunity to buy decent dips....

    Top 3 coins to buy as the crypto market dips

    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 beginning of the month. The dip however presents investors will have a decent chance to buy promising coins at a very discounted...

    Here is why LUNA is down by more than 40% in the last 24 hours

    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 the market lost over $100 billion in the last 24 hours. The crypto market has lost more than 2% of its value in the last 24 hours...

    Crypto lending app Nebeus introduces AVAX-backed loans

    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 their crypto investments.  Nebeus users could already trade, buy, sell, and exchange Avalanche (AVAX). Now, they can also use...

    Terra peg mechanism in doubt as UST crashes to $0.67

    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 dollar and drop to as low as $0.67 on May 10. As its price has fallen, so has its market capitalization along with that of Terra...

    KuCoin announces $150M funding round, $10B valuation

    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 funds to build the next generation of its core trading system. Leading global crypto exchange KuCoin announced a $150 million...

    A third of AMC online payments are crypto or digital, says CEO

    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 revealed that cryptocurrency and digital payment options are picking up for the company. AMC is one of the leading theatre chains in the...

    Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity

    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 companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development...

    Highlights May 10: Crypto market crashes, Terra down 50%

    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 market sentiment. Top cryptos Bitcoin (BTC) fell as much as 5% in the past 24 hours. Ethereum saw a similar loss. Dogecoin, XRP,...

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