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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
How StableFunds Has Made It Extremely Easy to Trade Altcoins
27.5.2022
UK-based StableOne’s newest venture, an app called StableFund, is spearheading a new outlook on crypto. This innovative app is all set to make the lives of crypto investors a lot better. Built on the Polygon chain and powered by sophisticated technology, this state-of-the-art AI trading...
First Mover Americas: Ether Ends May 35% Down, Altcoins Lose Out
27.5.2022
The latest moves in crypto markets in context for May 27, 2022
Bitcoin and Ethereum at Risk of More Losses, Altcoins May Extend Declines
27.5.2022
Bitcoin price recovered above the USD 28,500 zone. BTC attempted an upside break but struggled above USD 29,000. It is currently (11:50 UTC) struggling and might continue to move down towards the USD 27,500 level.
Besides, most major altcoins are showing bearish signs. ETH settled below...
Crypto Derivative Traders Can Access TradingView With Broker Eightcap
27.5.2022
Australian FX and CFD provider Eightcap has recently announced that it has partnered with TradingView, allowing crypto derivative traders to trade directly from TradingView’s charts into their Eightcap trading accounts. Crypto derivative traders will access Eightcap’s full suite of crypto...
Ethereum, Altcoins Keep Dropping Against Bitcoin
27.5.2022
Bitcoin price failed to stay above the USD 28,500 support zone and declined to USD 27,500 before there was a recovery wave. It is currently (04:05 UTC) consolidating losses near USD 29,000 and is down almost 3% in a day and 4% in a week.
Besides, most major altcoins gained bearish momentum...
Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
26.5.2022
Bitcoin (BTC) was roughly flat over the past 24 hours, while altcoins such as ether (ETH) underperformed. That indicates a lower appetite for risk among crypto traders. Meanwhile, stocks traded higher on Thursday
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Terra Moves Closer to New Chain Launch, Secures Exchange Support
26.5.2022
The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge....
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Bitcoin Trends Lower, Ethereum and Altcoins Take Hit
26.5.2022
Bitcoin price declined and settled below USD 30,000. BTC traded below USD 29,200 and is currently (11:45 UTC) showing bearish signs near USD 29,100. BTC is down 1% in a day and is still up more than 1% in a week.
Besides, most major altcoins are gaining bearish momentum. ETH declined below...
Bitcoin and Ethereum Struggle to Clear Key Hurdles, CELO and SAND Rally
26.5.2022
Bitcoin price traded in a range and remained strong above the USD 28,500 support zone. BTC attempted a close above USD 30,000 but struggled. It is currently (04:04 UTC) trading near USD 29,900 and is down 1% in a day and up almost 4% in a week.
Similarly, most major altcoins are trading below...
LUNA, UST Jump as Terra Revival Plan Moves Ahead After Vote
25.5.2022
The price of the Terra network’s native LUNA token and the failed stablecoin terraUSD (UST) jumped in the market on Wednesday, after a revival plan for the network officially passed a vote, with 65% voting in favor of the plan. A new Terra blockchain is now expected to launch this Friday,...
Bitcoin and Ethereum Trade in Contracting Range, ETC Trims Gains, CELO Accelerates
25.5.2022
Bitcoin price attempted a fresh increase above the USD 30,000 level. However, BTC struggled to clear the range resistance near USD 30,300 and USD 30,500. It is currently (12:00 PM UTC) trading near USD 29,400 and is almost unchanged in a day and down over 2% in a week....
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Bitcoin and Ethereum Recover Losses, ETC and KAVA Rally
25.5.2022
Bitcoin price declined below the USD 29,200 support zone. However, BTC remained well bid above the key USD 28,500 support zone. It is currently (04:10UTC) trading above USD 30,140 and is up 3% in a day, trimming its weekly losses to almost 1%.
Similarly, most major altcoins are recovering...
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?