Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. The selling…
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers. Bitcoin (BTC) bounced 19% from the $25,400 low on May…
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Bitcoin (BTC) has been relatively calm during the weekend as crypto…
Bitcoin Surrenders $30,000 Level on LUNA Crash, MKR, DEFI, May 16
BTC Bitcoin slumped below the $30,000 level in the last week was unable to hold its recovery above that key support level. BTC Price Index The collapse in the LUNA…
5 Top Crypto to Buy This Week [LBLOCK, FTM, ALGO, AVAX, ADA] May 2022 Week 3
The crypto market has experienced drastic highs and lows in the last few days and has created several buy opportunities for investors. Following recent market trends, investors are interested in…
Do Kwon Proposes Forking Terra into a New Chain Without Stablecoins, Both New and Old Chains to Coexist
Quick summary: Terra’s Do Kwon has emerged with a new proposal to fix the Terra blockchain and make UST investors whole Do Kwon suggests forking the current Terra blockchain The…
Tron’s Justin Sun Commits $10m in USDD to Assist Smallholders Hardest Hit by UST’s Depegging
Quick summary: Tron’s Justin Sun has offered to set aside $10 million in USDD to assist the average UST investor affected by the depegging of the stablecoin Mr. Sun was…
VeChain (VET) Offers Terra Developers Grants of Up to $30k to Migrate to its Blockchain
Quick takeaways: The team at VeChain (VET) has invited Terra developers to start building on its blockchain VeChain (VET) has offered them grants of up to $30k for the switch…
Bitcoin Addresses Holding 1 or More BTC Hits a New All-time High of 841,224
Key takeaways: The number of Bitcoin addresses holding one or more BTC has hit a new all-time high of 841,224 The current levels between the local low of $26,700 and…
Best DAO Coins to Invest and Trade Now May 2022
Although the worldwide cryptocurrency market capitalisation recently dropped to $1.28 trillion, it has regained about 3% in the last 24 hours. As new breakthroughs such as DeFi become more evident,…
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
Chief financial officer André Milanez said that the product will launch within the next si months. B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch…
Digital euro could come as soon as 2026 — ECB official
Commenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certain risks. Fabio Panetta, an executive board member…
Life-changing money: The 10 most expensive NFTs sold to date
With nonfungible tokens raking in incredible prices, have a look at the 10 most expensive NFTs sold to date. Nonfungible tokens, or NFTs, are turning out to be a treasure…
Polygon and others extend helping hand to Terra blockchain projects
These efforts are sure to help get many Terra projects back on their feet following last week’s devastating events. Numerous developers have been left in uncertainty in the aftermath of…
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since…