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42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
9.5.2022
The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply
As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
9.5.2022
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 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around....
Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
9.5.2022
BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
9.5.2022
BTC and many altcoins are fast approaching the “capitulation phase”, which is typically followed by the market finding a bottom
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
First Mover Americas: Institutions Look To Be Selling BTC in Falling Market
9.5.2022
The latest moves in crypto markets in context for May 9,2022
Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000
9.5.2022
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by 0.5%. In addition to bitcoin, ETH hit a two-month low as a result of the red wave. Bitcoin...
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
Bitcoin Drops Below USD 33K, Ethereum Slides More, Altcoins Tumble
9.5.2022
Bitcoin price extended its decline below the USD 35,000 support and dropped below USD 33,000. It is currently (11:45 UTC) trading near USD 32,900 and is down over 5% in a day and almost 15% in a week.
Similarly, most major altcoins extended their decrease. ETH moved below USD 2,400 and is down...
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible'
9.5.2022
Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week
Japanese e-commerce site adopts BTC and XRP payments for used cars
9.5.2022
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
9.5.2022
XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
9.5.2022
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
9.5.2022
LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST
Luna Foundation Guard Lens $1.5B in BTC and UST for Stablecoin Peg
9.5.2022
The move comes after UST briefly lost its peg to the U.S dollar over the weekend
Bitcoin Below USD 34K, Ethereum Keeps Trending Lower, XMR, AXS, and NEAR Rally
9.5.2022
Bitcoin price remained in a bearish zone below the USD 38,000 level and extended losses below the USD 35,500 support. It is currently (04:04 UTC) showing bearish signs near USD 33,637 after recovering from USD 33,400. BTC is down almost 3% in a day and 12% in a week....
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Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
8.5.2022
Bitcoin has reached a critical support zone and if there is a bounce from this level ALGO, XMR, XTZ and THETA could move higher in the short-term
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
Bitcoin price target now $29K, trader warns after Terra weathers $285M 'FUD' attack
8.5.2022
Doom and gloom continues for Bitcoin markets as Terra's Do Kwon brushes aside a "deliberate and coordinated" attack on its TerraUSD and LUNA tokens
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...