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Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
21.5.2022
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second...
Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend
21.5.2022
SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. Cosmos (ATOM) After climbing by over 15% on Friday, ATOM was one of the biggest losers...
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
21.5.2022
ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000. Bitcoin Following marginal gains above the $30,000 level...
Bitcoin ends week 'on the edge' as S&P 500 officially enters bear market
21.5.2022
Down 20% from its latest peak, the S&P 500 now meets the definition of bear market territory in a warning sign for risk assets everywhere
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
21.5.2022
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating right...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
21.5.2022
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation...
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
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
20.5.2022
Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC)
Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
20.5.2022
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first
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...
Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
20.5.2022
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price...
Bitcoin 'death cross' data hints 43% drop due in BTC price bear market
20.5.2022
Based on historical tendencies, $22,700 could now mark the next "generational bottom" for Bitcoin, new analysis says
Ethereum preparing a 'bear trap' ahead of The Merge — ETH price to $4K next?
20.5.2022
An ascending triangle setup promises major price rebound in the Ethereum price in 2022
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...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues
20.5.2022
This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading higher on Friday, as price...
After the Recent Market Collapse, What Is the Future of Cryptocurrencies?
20.5.2022
In recent weeks, the crypto market has marked a slump under alarming global conditions. Since their all-time highs, both Bitcoin and Ethereum have lost more than 55%. Cardano has plunged almost 80% since its all-time high, while Solana, one of the crypto world’s breakthrough stars, has lost...
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...
Crypto veterans extend a helping hand to bear market newbies
20.5.2022
Guy Swann listed buying Bitcoin on top of his list of advice for beginners who are experiencing their first bear market
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...
Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off
20.5.2022
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.” Microstrategy Sees Bitcoin as...