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Nalezeno "UK market": 14144

Terra Adds an Amendment to Do Kwon’s Revival Plan, Survey Reveals UST Losses


  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...

Bitcoin and Ethereum Hold Gains, Altcoins Accelerate


  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...

GameStop Jumps Into NFTs Just As The Market Collapses


The NFT market, and other blockchain-associated grifts like cryptocurrency, are having a very bad month, as their perceived “value” evaporates and whatever actual monetary value they had falls through the floor. To which GameStop says: lol.Read more

NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn


  Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply. Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com. Similarly,...

Analysts Divided on Near-Term Bitcoin & Crypto Outlook as Market Stabilizes


  With the Bitcoin (BTC) and crypto market appearing to stabilize after last week’s brutal crash caused by the collapse of Terra (LUNA), analysts are offering their takes on where the market may be headed next. And as usual, opinions are divided, with some predicting the bear market is “complete,”...

Bitcoin Tests USD 30K, Ethereum at USD 2K, Altcoins Move Higher


  Bitcoin has held the key support level at USD 29,000 throughout the day, with more gains now likely as the coin tests resistance at the USD 30,000 level. As of 15:44 UTC, the number one cryptocurrency traded at USD 30,330, up almost 5% for the past 24 hours and 5% for the past 7 days. At...

Tether in the Spotlight After USD 9B Worth of Redemptions


  The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse. The redemptions have come despite USDT trading on exchanges within a rounding error of its USD...

Crypto Exchange Coinbase Slows Hiring Amid Market Downturn


Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase...

Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher


  Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week.... Read More: Bitcoin and Ethereum Trend...

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