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USD 25K-USD 27K per Bitcoin Is ‘This Cycle’s Bottom’ - Arthur Hayes


  If it is true that the Luna Foundation Guard (LFG) really sold 80,000 bitcoin (BTC) to defend the terraUSD’s (UST) peg during its meltdown, it is likely that USD 25,000 to USD 27,000 is the bottom of this bitcoin market cycle, according to crypto essayist and former BitMEX CEO Arthur...

Bitcoin Nears USD 32K, Ethereum Tests USD 2K, ADA Rallies, WAVES Doubles


  Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week. Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920...

Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000


Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears...

Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale


  South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry. Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops...

Tether is Fully Backed, Always Redeemable for USD 1 , Co-Founder Says


  “I strongly believe that [tether] is fully backed, and you will never have any issues redeeming it,” Tether co-founder and BLOCKv CEO Reeve Collins has said. Speaking in an interview with CNBC on Monday, Collins said that the popular stablecoin tether (USDT) is “still backed 1:1” by reserves...

$POODL Becomes Official Partner of Lakeview Metaverse


PoodlToken officially joined the Lakeview Metaverse to open new use cases for the dog-faced NFTs. The project will airdrop game tokens worth $10 to all $POODL holders. And what is more, the NFTs can be used to unlock exclusive benefits in the Lakeview metaverse. The native $POODL tokens power...

Cardalonia Updates on Token Sale and Reward for Staking $LONIA


Cardalonia has extended the duration of the Seed Round by 48 hours while sharing the update that the second round would begin immediately after the Seed Round ends. It is considered the factor of community members putting in a lot of requests to extend the timeline. Additionally, Cardalonia wanted...

Incentivized $ZKP Staking Testing With 100,000 $ZKP Is Live


Panther Protocol recently released its advanced $ZKP staking testing. Now, users can earn 100,000 $ZKP in rewards on the Zafari Beta. The protocol released an official post to inform users about Advanced Staking. The project is a part of Panther’s MASPs (multi-asset shielded pools) plan. However...

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...

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