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Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’
18.5.2022
A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” by Terraform Labs CEO and co-founder Do Kwon.
By creating a new blockchain with its own native token, Do Kwon’s revival plan would airdrop the new token...
Smart Contract Platform Chain’s XCN Token Pumps and Dumps
18.5.2022
The little-known smart contract platform Chain (XCN) is attracting attention after its native XCN spiked in price and briefly leaped into the top 40 list of the most valuable cryptoassets by market capitalization. Shortly after, however, the token dumped in the market to trade at its lowest...
Bitcoin and Ethereum Still Range-Bound, Top Altcoins Struggle, XCN Rallies
18.5.2022
Bitcoin price made another attempt to clear the USD 30,500 resistance level but failed and corrected gains. It is currently (04:14 UTC) consolidating near USD 30,000 and remains at a risk of a downside break below USD 29,500. BTC is down almost 2% in a day and 4% in a week....
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L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
Bitcoin and Ethereum Hover Above Key Levels, EGLD and MIOTA Accelerate
17.5.2022
Bitcoin price remained well bid above the USD 29,000 level, formed a base, and jumped above USD 30,000. It is currently (11:46 UTC) showing positive signs near USD 30,400 and might gain pace if it clears USD 31,200. BTC is up around 1% in a day and a week....
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South Korean Financial Regulators Begin Terra Probes, Politician Calls for Kwon to Face Parliamentary Hearing
17.5.2022
The Terraform Labs mastermind Do Kwon (real name Kwon Do-hyeong) could be facing trouble from financial and law enforcement authorities in South Korea and Singapore as a torrid month for the Terra (LUNA) platform just keeps getting worse.
Following reports that Kwon appears to have dissolved...
Do Kwon's New Terra Revival Plan Fights for Support as Trust Challenge Remains
17.5.2022
Another Terra (LUNA) ecosystem revival plan by Terraform Labs (TFL) CEO and Co-founder Do Kwon seems to have the support of at least some Terra developers, while trust issues still pose serious challenges to this plan.
In a Monday post and an accompanying Twitter thread, Kwon suggested forking...
Bitcoin and Ethereum Still Consolidate, MKR Outperforms
17.5.2022
Bitcoin price started a downside correction below the USD 30,000 level before moving back. BTC is now (04:07 UTC) consolidating near USD 30,300 and facing hurdles on the way toward USD 31,000. A clear move above USD 31,000 and USD 31,500 could open the doors for a stronger increase. BTC...
Crypto Listing and Delisting Announcements: Week 20
16.5.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy the Dip; Ethereum Outflows Double
16.5.2022
Investors in funds backed by bitcoin (BTC) appear to be taking advantage of the lower prices, adding close to USD 299m to such funds last week, or the most this year, while ethereum (ETH) outflows more than doubled. ...
Read More: Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy...
Terra's Do Kwon Liquidated the South Korean Arm of Terraform Before LUNA & UST Crisis
16.5.2022
New reports fuelled speculations that Do Kwon (real name Kwon Do-hyeong) may have been aware of a storm brewing for the terra (LUNA) platform – and that the Terraform Labs mastermind may have taken action to dissolve domestic parts of his company as early as last month in anticipation....
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Bitcoin and Ethereum Look for Direction, ADA and SOL Trimmed Gains
16.5.2022
Bitcoin price started a downside correction from the USD 31,500 zone and declined below the USD 30,000 support zone before recovering. It is currently (11:29 UTC) trading near USD 30,100 and is almost unchanged in a day. It’s still down 12% in a week....
Read More: Bitcoin and Ethereum Look...
Vitalik Buterin & Binance CEO Chime In as Do Kwon Proposes Another Terra 'Revival' Plan
16.5.2022
Big players in the crypto industry do not seem supportive of the latest Do Kwon's proposal of how to help the collapsed Terra (LUNA) ecosystem.
Last Friday, Terraform Labs co-founder Do Kwon put forward a 'revival plan' suggesting that the network hard fork and reset ownership to 1 billion...
Bitcoin and Ethereum Consolidate Gains, ADA and SOL Accelerate
16.5.2022
Bitcoin price started a recovery wave above the USD 30,000 resistance zone and climbed above the USD 31,000 level before correcting lower again. It is currently (04:06 UTC) consolidating gains near USD 30,400 and remains at a risk of a downside break below USD 30,000. BTC is up 2% in a day...
First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up
13.5.2022
The latest moves in crypto markets in context for May 13,2022
Bitcoin and Ethereum Consolidate, ADA, APE, and Multiple Altcoins Rally
13.5.2022
Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.
Similarly, most major altcoins are facing an uphill task. ETH recovered above USD 2,000...
It's Getting Personal - 'Broke' LUNA Investor Comes to Do Kwon’s House, Plans to Surrender to Police
13.5.2022
A furious terra (LUNA) investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who reportedly broke into the apartment...
Bitcoin Jumps Above USD 30K, Ethereum Reclaims 2K as Tether Regains Peg, LUNA & UST Near Zero
13.5.2022
Bitcoin price remained well bid above USD 25,000 and started a recovery wave. It is currently (04:46 UTC) trading above the key USD 30,000 resistance zone, near USD 30,500, and is up 6% in a day, trimming its weekly losses to 17%.
USDT regained its peg after losing it yesterday. (Learn more:...
First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending; Altcoins Plummet
13.5.2022
Data suggests that many traders are moving their assets from DeFi protocols; bitcoin rallies after falling below $26,000 in Thursday trading
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
12.5.2022
Bitcoin (BTC) is experiencing less selling pressure relative to some altcoins, which is a risk-off signal. Analysts expect more volatility because of ongoing stablecoin risks