Place/Date: – May 13th, 2022 at 3:13 pm UTC · 3 min read Source: Parallel Cex On May 8, DCEC, a cryptocurrency sufficient to affect the ecology of the global digital economy, launched in Pancake...
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Terra disaster fuels Congressional work on stablecoin legislation
As Terra and Luna spiral, lawmakers are finding themselves pulled into the crypto orbit. Stablecoins have been a priority for US lawmakers since November. Following TerraUSD’s collapse this week, Cong...
Another Fantom Hack? FTM Slumps 15% After DEX Attack
Fantom (FTM), the native token on the eponymous blockchain, fell sharply after one of its largest DeFi exchanges (DEX) was hit with a hack. FTM slumped over 15% in the past 24 hours, and is now tradin...
LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday – Market Updates Bitcoin News
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. ...
Bitcoin macro bottom ‘not in yet’ warns analyst as BTC price holds $30K
Bitcoin (BTC) failed to clinch $31,000 by the Wall Street open on May 13 as new warnings forecast a continuation of the downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar dec...
Bitcoin Coinbase Premium at its lowest- are whales selling?
The price of bitcoin has fallen in recent days, dropping below $30,000 — are whales selling on Coinbase? The largest US-based cryptocurrency exchange’s BTC premium has dropped to negative levels not s...
Whales Dump $710 Million Worth of Tether in Fear of De-Peg, USDT Trades at $1
Arman Shirinyan Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the most recent data from Santiment, whales have been actively selling their USDT ho...
Stablecoin Regulations Need To Allow Room for Failure, Says Crypto-Friendly SEC Commissioner Hester Peirce
U.S. Securities and Exchange Commission (SEC) official Hester Peirce says future stablecoin regulation needs to allow room for “failure” amid the collapse of Terra (LUNA) this week. While speaking at ...
How Terra’s UST and LUNA Imploded
Decrypting DeFi is Decrypt’s DeFi email newsletter. Art: Grant Kempster Amid the craziest week in crypto ever, the collapse of Terra’s UST stablecoin and governance token LUNA emerged as t...
Galaxy Digital Holdings to Expect Massive $300 Million Loss in Q2 2022
Galaxy Digital Holdings could lose up to $300 million this quarter in net comprehensive income, given the recent performance of the crypto market. The comprehensive income of a company is usually a su...
UAE’s Emirates to accept Bitcoin as a payment method
The United Arab Emirates is taking a bold step toward becoming a major hub for cryptocurrency transactions. Emirates Airline has now announced that it will have Bitcoin as a payment method, and it wil...
The Challenges The Indiana Pacers Face In Keeping Jalen Smith
INDIANAPOLIS, INDIANA – MARCH 30: Jalen Smith #25 of the Indiana Pacers dribbles the ball in the … [+] second quarter against the Denver Nuggets at Gainbridge Fieldhouse on March 30, 2022 ...
This May be the Best Time To Accumulate Altcoins But AltSeason May be Deferred
The altcoins in the recent past have manifested extreme bearish conditions due to the volatility within the crypto space. If the star crypto Bitcoin falls by 1%, the altcoins tend to drop by 10%. And ...
‘Firestarter’ Nabs Soft $1.6 Million Friday
(from left) Andy (Zac Efron) and Charlie (Ryan Kiera Armstrong) in Firestarter, directed by Keith Thomas. © 2022 UNIVERSAL STUDIOS. All Rights Reserved. There was just one new wide release this weeken...
BTC/USD Orbiting 30000 Figure in Sideways Action: Sally Ho’s Technical Analysis 15 May 2022 BTC
Bitcoin (BTC/USD) looked for fresh technical sentiment early in the Asian session as the pair continued to orbit the psychologically-important 30000 figure after trading as low as the 25338.53 area, i...
McConnell Makes Secret Trip To Ukraine With Delegation Of Republican Senators
Topline Senate Minority Leader Mitch McConnell (R-Ky.) led a delegation of Republican senators to Kyiv to meet with Ukrainian President Volodymyr Zelensky on Saturday, making them the latest group of ...
PancakeSwap’s New Proposal Aims to Cap CAKE Supply at 750 Million
Decentralized Finance (DeFi) application PancakeSwap has released a governance proposal that details several goals of its native token, CAKE. It garnered a 98.8% majority across 11 million votes in a ...
Lido Issues Warning Regarding Asset Liquidation As stETH Sheds Its Ties
These are hard times for the crypto sector, there is no denying it, but we can safely say it is the worst time for stablecoins. An increase in the staked Ethereum (stETH) redemptions has resulted in...
XRP: Despite SEC’s crumbling lawsuit against Ripple, investors aren’t impressed
This week witnessed a significant decline in the value of the cryptocurrency market. Bitcoin and several altcoins recorded daily losses as new lows in price levels were tested. Bitcoin, for example, f...
Phishing Scams Target Users Of Crypto Data Tracking Websites With Malicious Ad ⋆ ZyCrypto
Advertisement     Phishing scams are not new in the digital space, and cybercriminals are increasingly employing them in the crypto space. For example, multiple report...
Terra Founder Do Kwon Says Bitcoin Reserves Deployed For Rescue Plan
Terra founder Do Kwon has finally come public on Twitter after announcing the “Terra ecosystem revival plan.” Do Kwon says the team is currently working on using the Bitcoin reserves of Luna Foundatio...
Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos, Sentiment Remains in ‘Extreme Fear’
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Major cryptocurrencies rallied the past 24 hours...
Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout – Bitcoin News
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person...
Bitcoin price analysis: BTC sellers slowly regain control, push below $27,500 next?
Bitcoin price analysis is bearish today as we have seen another lower high set at $31.000 and another push lower this morning below $29,500. Therefore, BTC/USD is ready to decline and look to test fur...
What happened? Terra debacle exposes flaws plaguing the crypto industry
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in...
Terra Co-Founder’s Wife Seeking Police Protection as LUNA Price Collapses to Zero
Alex Dovbnya Spouse of Terra co-founder is seeking police protection after unexpected visit According to a report by South Korean business media outlet MoneyToday, the wife of Terraform Labs founder K...
Solana Price reached a STRONG SUPPORT
The crypto market crashed hard lately. Despite the continuous bear market that’s been going on since November 2021, this past week was a harsh one. Most cryptocurrencies lost more than 20% on average....
FTX CEO Sam Bankman-Fried: Algorithmic Stablecoins Should Be Called Something Else
The FTX Crypto exchange founder Sam Bankman-Fried has talked about the stablecoins following the massive crash of LUNA and TerraUSD (UST). He highlights that stablecoins can be used to mean multiple ...
Kraken CEO on Why the Bitcoin Exchange Left San Francisco: City Has ‘Deteriorated’
Jesse Powell, veteran CEO of early Bitcoin exchange Kraken, isn’t overflowing with love for government entities, to put it mildly. When New York announced its controversial BitLicense regulatory frame...
Nomura Rolls Out Over The Counter Bitcoin Derivatives Amid The Market Bloodbath
Amid the high market volatility, the Japanese financial services company Nomura has unboxed new Bitcoin derivatives services. Despite a downtrend in the sector, the demand from institutional and priv...