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LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea


  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


  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...

CFTC Chairman Confirms Bitcoin, Ether Are Commodities


The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer...

Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend


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...

Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits


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


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...

The Crypto Bear Market Is Here: How to Invest Now?


  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


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 and Ethereum Consolidate, SAND and AAVE Accelerate


  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...

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