The crypto economy was under complete volatility for the past few weeks, but the space faced had the worst one after one of the largest stablecoins, TerraUSD (UST) de-pegged from its $1 value. After UST de-pegged, Do Kwon, the founder of Terraform Labs, shared an update regarding the rescue plan wherein he said the investors...Read More
The recent turmoil in the crypto space has hampered many assets largely, mainly Bitcoin which was on its way to hitting $44,000. However, the recent collapse has compelled the price to remain restricted below $30,000. Interestingly, the BTC price rally in the upcoming days is expected to remain restricted within small braces. And hence if...Read More
As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, suspicions have arisen concerning the whereabouts of around 80,000 Bitcoin units belonging to the ecosystem. The claimed Bitcoin was intended to be held in trust by the Luna...Read More
Shiba Inu price research analysis shows that the altcoin is still in a downturn, as Shib-bulls struggle to build the necessary momentum for a turnaround. As a result, the altcoin is anticipated to continue the downward trend in the coming days. However, as market volatility decreases, the resistance and support levels move closer together, making...Read More
The altcoins in the recent past have manifested extreme bearish conditions due to the volatility within the crypto space. If the star crypto Bitcoin falls by 1%, the altcoins tend to drop by 10%. And hence now when Bitcoin is below its ATH by more than 60%, major altcoins are nearly 92% to 94% distinct...Read More
Central Africa’s banking regulator sent out a reminder on Friday about its ban on cryptocurrency, Just a week after the Central African Republic made a bitcoin legal tender. The Banking Commission of Central Africa (COBAC) which regulates the banking sector almost in six-nation, Economics and Monetary Community of Central Africa (CEMAC), said that the ban...Read More
After a tumultuous couple of weeks with bearish pressure causing the majority of cryptocurrencies to extend to the downside, Bitcoin today, May 13, has reclaimed the crucial $30,000 level. Cryptocurrencies across the board were rebounding from brutal sell-offs in this week’s crypto bloodbath. Cardano (ADA) Founder Charles Hoskinson in a recent video says, large corrections are routine...Read More
The most primitive crypto Bitcoin is yet again standing strong quashing all the FUD’s created on its way towards superiority. The asset withstood multiple external FUD’s like ban, regulation, stock market turbulence, negative mentions, etc and the very recent one of a whale dump. No doubt the asset faced extreme plunge for a while but...Read More
The Crypto mom, Hester Pierce said that Stablecoins regulatory moments should be allowed for trial and error and, also a room for failure. Hester Pierce, the SEC’s commissioner, has backed a regulatory framework for stablecoins. She also hosted an online panel on May 12th by financial think-tank the official Monetary and Financial Institutions Forum(OMFIF). Pierce,...Read More
A dollar pegged stablecoin, TerraUSD has lost its peg twice over the past few days and has not recovered yet. The algorithmic stablecoin broke its peg this Monday again, hence it is necessary for regulators to have a look at this particular model of stablecoin. The collapse of TerraUSD has come up with several risks...Read More
The Crypto crash continues for the 4th consecutive day which is constantly extracting a billion of the market cap each day. While there is an extreme fear among the traders, as they keep extracting all their investments, spiking the trading volume by more than 41.85%. Terra, being the spotlight of the crash recorded more than...Read More
Waves is one of the cryptocurrencies that has been playing-wise over the years. The cryptocurrency has focused on delivering an open forum for decentralized applications (DApps). That processes payments with a reduced carbon footprint utilizing Proof-of-Stake (PoS) consensus. The endeavour has already progressed beyond its primary purpose of offering faster, higher data rates than some...Read More
We’re incredibly excited to announce that the ENCTR project is launching a public presale on May 16, 2022. If you’ve been wanting to get involved with ENCTR this is your chance to get in at the floor price. A great article to read about whitelists and their importance can be found here: Now we’re not...Read More
In the payments market, stablecoins are increasingly considered as a possible alternative to fiat currencies. Regulators and central bankers, on the other hand, view them as a financial threat because the assets that support them are not regulated. The price of UST dropped to $0.68 on May 9, 2022. The drop was caused by a...Read More
A global leader in crypto regulation Malta is taking a very progressive approach to cryptocurrencies. Well, crypto is not a legal tender in Malta, rather they are established as a ‘medium of exchange, a medium of the unit, or a store of value.’ Malta, is one of the smallest island countries in Southern Europe, with...Read More
Today, cryptocurrency prices extended their losses, with Bitcoin trading below $31,000. The largest cryptocurrency by market cap fell more than 8% to $29,763. According to CoinGecko, the global crypto market’s worth has dropped more than 10% in the last 24 hours to $1.41 trillion. For the first time since July 2021, the price of Bitcoin...Read More
In the midst of the Cryptocurrency market crash, the Luna Foundation Guard (LFG) plans to give out thousands of millions of worth of Bitcoin in order to support Terra USD’s peg to the US dollar. The Luna Foundation Guard (LFG), a Singapore-based foundation is an integral part of the Terra (LUNA) blockchain and was founded...Read More
Bitcoin, the star crypto which has a decade long history, just came into the limelight a couple of years ago. It was when the strength of fiat currency was weakening due to the turbulence caused by the prolonged pandemic situation across the globe. People just jumped into the crypto space to save their hard-earned money...Read More
NFT’s from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot as soon as Monday. The pilot will feature a small group of NFT aficionados based in the U.S. It wasn’t immediately clear whether Instagram would support NFTs from all four chains at launch....Read More
After a massive price drop over the last two days, the cryptocurrency market has calmed down. ETH is now trading at a significant support level. The weekend has been rather stable on the daily timeframe, after the bears forced the price down more than 10% in the previous two days. Ethereum – Calm Before the...Read More
Over the past four weeks, the crypto market has witnessed one of the worst crashes as the US Federal Reserve is on the verge to increase the interest rates due to surging inflation. In the early hours today, the largest crypto by market cap had crashed hitting the $35,000 range. But now the currency has...Read More
Shiba INU price rebound is been expected for a pretty long time, but the asset is just extending the descending triangle. But interestingly, the price is also not falling beyond heavily and attempting to hold the lower support firmly. And by consolidating widely around these levels, the asset displays it’s being self-assured of the upswing...Read More
According to the Coin Bureau, Cardano use is on the rise. Here’s What It Thinks About the Ethereum Competitor’s Future In the wake of Cardano’s recent underperformance, the presenter of the popular YouTube series Coin Bureau examines the cryptocurrency’s prospects. Guy, a pseudonymous crypto analyst , claims that Cardano is seeing a surge in adoption...Read More
The crypto-verse has born the thwarts of the turbulence over the past 24-hours. Wherefore, at press time, the market capitalization of the business has dropped close to 7% around the clock. That now has left the numbers hovering around $1.76 Trillion. The consequences of the torments have been evident with the market leader Bitcoin. Which...Read More
After the US fed meeting yesterday, the major cryptocurrencies had surged. The main drivers for this bull run are Bitcoin, Ethereum along with other altcoins. But today the flagship currency has dropped by more than 5% in just a few hours trading below $37,000. As Bitcoin plunged so did the entire crypto market. Among many...Read More
AltSeason has been much awaited for a pretty long time, and while some altcoins attempt to make a larger move, Bitcoin slashes hard, dragging the entire crypto space towards the bottoms. Ever since the beginning of the 2022 trade, a similar scenario has been repeating each time, weakening the momentum of the altcoins. However, with...Read More
The price of bitcoin concluded April on a bearish note, with fears that more downside pressure will persist. The Ethereum price continues to trade in a narrow range. After a sell-off in April, Bitcoin price activity picks up in May. April has historically been one of the greatest months for Bitcoin. April 2022, on the...Read More
Ethereum is one of the most popular cryptocurrencies on the market, despite its present pricing, which is far from ideal. It has been hit by the general market downturn that has wracked the crypto industry, and it has now lost its footing above $3,000, a critical level for the digital currency. Nonetheless, according to reports...Read More
A well-known Crypto analyst and trader, Michael van de Poppe asserts that he is bullish on Cardano(ADA), Chainlink (LINK), and Near Protocol (NEAR) as they will see huge opportunities soon Michael van de Poppe informs his 589,000 Twitter followers that Cardano may attract some bearish cycle as Cardano hits bottom on a big support level....Read More
In a world where IoT and Artificial Intelligence are transforming the world, what can be a better choice than Helium when it comes to cryptocurrencies. The price of HNT left everyone broken all the bars when it first crossed the $50 mark in November 2021. Helium is a decentralized network for IoT devices built on...Read More
