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First Mover Asia: Bitcoin Dominates but Altcoins Lurk
25.5.2022
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading
More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov’t Indicates
24.5.2022
More regulatory scrutiny could be incoming for the crypto sector in South Korea in the wake of the terra (LUNA) and terraUSD (UST) crash – with exchanges set to come under the same kind of scrutiny as Terraform Labs and its Founder and CEO Do Kwon....
Read More: More Crypto Regulation Incoming...
Bitcoin and Ethereum Hold Key Support Levels, TRX Accelerates
24.5.2022
Bitcoin price started another decline from the USD 30,500 resistance zone and dropped below the USD 29,500 support level. However, it is currently (11:45 UTC) consolidating near USD 29,300 and still holds the key USD 28,500 support level. BTC is down almost 4% in a day and 2% in a week....
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Terra 'Revival Plan 2' Set to Pass, But There is Still Confusion within Community
24.5.2022
The Terra (LUNA) ecosystem "Revival Plan 2," the latest revival plan proposed by the Terraform Labs founder and CEO Do Kwon that was put to vote last week, is nearing its deadline and is set to be confirmed.
By Tuesday morning (UTC time), 66.33% of participants have voted in the support of...
Bitcoin and Ethereum Keep Failing Near Key Hurdles, LRC Rallies
24.5.2022
Bitcoin price attempted an upside break above the key USD 30,500 resistance zone, but failed to gain strength for a clear move and corrected lower. It is currently (04:03 UTC) down 3% in a day and is trading near USD 29,300. BTC is also down 2% in a week.
Similarly, most major altcoins...
Market Wrap: Bitcoin Unable to Hold $30K, Altcoins Mixed
23.5.2022
Bitcoin (BTC) tumbled later in the New York trading day, while alts were mixed and Fantom's FTM rallied. Will a peak in the U.S. dollar offer relief for bitcoin?
Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds Likely
23.5.2022
Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term....
Read More: Bitcoin...
Crypto Listing and Delisting Announcements: Week 21
23.5.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Bitcoin and Ethereum Inch Higher, NEO and FTM Rally
23.5.2022
Bitcoin price is showing positive signs above the USD 29,500 pivot level and is currently (11:30 UTC) testing the USD 30,500 level, having increased almost 2% in a day. It’s still down almost 3% in a week.
Similarly, most major altcoins are also moving higher. ETH must clear USD 2,120 to gain...
Binance CEO Shares Lessons Learned From Terra Fall, Says He is 'Pleased by the Crypto Industry Resilience'
23.5.2022
Addressing the historic fall of the Terra (LUNA) ecosystem, major crypto exchange Binance CEO Changpeng Zhao (CZ) said that he is "pleased by the resilience the crypto industry has shown." However, he also shared some lessons that the industry should learn from the Terra fallout.
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LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea
23.5.2022
Terra (LUNA) holders have sent over LUNA 273m to the burn address provided by the Terraform Labs founder and CEO Do Kwon in a bid to reduce the token supply - an idea that Do Kwon is not in support of....
Read More: LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea
Bitcoin and Ethereum Remain Supported, XTZ and AXS Accelerate
23.5.2022
Bitcoin price remained well bid above the USD 28,500 level and started a fresh increase above the USD 30,000 resistance. It is currently (04:03 UTC) trading near USD 30,200 and facing a strong resistance near the USD 30,500. BTC is up almost 3% in a day and is still down almost 4% in...
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
20.5.2022
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows
The Crypto Bear Market Is Here: How to Invest Now?
20.5.2022
Bitcoin (BTC) is down almost 40% year-to-date, while most leading altcoins have dropped 50% to 70% since the start of 2022. So it’s fair to say, we are in a bear market. However, that doesn’t mean you have to exit the crypto markets because we’re having a bad first half of the year.
Read on...
Bitcoin and Ethereum Consolidate, SAND and AAVE Accelerate
20.5.2022
Bitcoin price remained well supported above the USD 30,000 level and even tested USD 30,500. It is currently (13:50 UTC) trading near USD 30,300.
Similarly, most major altcoins are also consolidating their gains. ETH tested USD 2,050, while XRP is stuck near USD 0.42. ADA is still facing...
Terra Adds an Amendment to Do Kwon’s Revival Plan, Survey Reveals UST Losses
20.5.2022
The team behind the Terra (LUNA) blockchain has added three revisions to the already published “revival plan” by co-founder Do Kwon – increasing genesis liquidity and decreasing distribution to certain terraUSD (UST) holders.
Following the infamous UST stablecoin depeg and a wave of subsequent...
South Korean Government, Prosecution Turn up the Heat on Do Kwon and Terraform
20.5.2022
South Korean lawmakers and financial regulators are taking aim at Do Kwon (full name Kwon Do-hyeong) and his firm Terraform Labs.
Following the news that three or more separate civil legal cases – each potentially involving hundred of South Korean terra (LUNA) investors – have already been...
Bitcoin and Ethereum Hold Gains, Altcoins Accelerate
20.5.2022
Bitcoin price remained well supported above the USD 28,500 level and started a decent increase above the USD 29,500 resistance. It is currently (04:00 UTC) trading near USD 30,200 and is up 3% in a day and 4% in a week.
Similarly, most major altcoins are moving higher. ETH recovered losses...
Growth in Digital Assets Trade Puts the Spotlight on Blockchain Bridge Security Risks
20.5.2022
Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain. _______The exponential growth in the trade of digital assets across different blockchain platforms in recent years has been accompanied by the emergence of blockchain bridges, or token bridges, that create...