The Luna saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely how much Bitcoin and crypto assets they had disposed of. The Lun...
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‘Has the stock market bottomed yet?’
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Brian Sozzi, an edi...
Cardano’s Djed Compared to Terra’s UST by Community: Details
Vladislav Sopov Here’s why Cardano’s first algorithmically-backed stablecoin cannot collapse in a UST-like manner Contents Why is ADA-SHEN-DJED design better than LUNA-UST? DJED keeps its ...
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California ‘Cardinale Automotive Group’ Now Accepts Shiba Inu (SHIB) As Payment
– Advertisement – California Business “The Cardinale Automotive Group” Now Accepts Shiba Inu (SHIB) as a Payment via BitPay. The Cardinale Automotive Group, one of the California businesse...
Square Enix Intends To Issue Tokens, Make Massive Investments in Web3 Gaming
Square Enix, one of the world’s largest game developers, has planned to incorporate more nonfungible tokens (NFTs) into some of its products as part of its medium-term business strategy. Despite a gen...
Vitalik Buterin Donates $1M Worth ETH To Back Dogecoin
15 mins ago | 2 mins read Altcoin News Dogecoin slid down to its ATL at the $0.07 zone. Elon Musk calls Dogecoin a “potential currency”. Dogecoin and Shiba Inu are entering into dreadful red zones fol...
Elon Musk: Sees Massive Use Cases And Potentials For DOGE
Even though the crypto space seems to be diving deep into the ocean, Elon Musk is signified about Dogecoin. Here’s yet another instance when Elon Musk has shown his positive thoughts about Doge...
China: High Court defines Bitcoin as a protected asset
In China, the High Court has ruled that Bitcoin is subject to property rights and is therefore a legally protected asset. China’s High Court rules on Bitcoin Last week, the following message was poste...
Nayib Bukele Invitation to 44 Countries
El-Salvador being the first country to Bitcoin adoption has now conducted a meeting to discuss financial inclusion and benefits of Bitcoin adoption in the countries. The Bitcoin adoption has followed ...
Polygon working with projects on Terra: how will this shape MATIC?
Polygon MATIC/USD is a Layer-2 scaling solution, also known as a sidechain, that was specifically developed to provide faster transactions with lower costs for its users. Polygon also has its own nati...
Bitcoin (BTC) Falls Back to $30,000 as Regulators Call for Action
Key Insights: On Sunday, Bitcoin (BTC) rose for a third consecutive day to end the week down 8%. It was a seventh consecutive week in the red. While the markets moved on from the TerraUSD and Terra LU...
FTX CEO Thinks Bitcoin Has No Future as a Payment System
Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to the environment due t...
Bears mount pressure as XTZ prices remain locked below $1.78
Tezos price analysis reveals that the digital asset is currently in a bearish extension after a week of sideways trading. The coin is down by 4.69 percent in the last 24 hours. At press time, XTZ is t...
Polkadot, NEAR, and Algorand Price Analysis: 16 May
The crypto market abstained from flashing high volatility over the last 24 hours. But with the crypto fear and greed index still hovering in the ‘extreme fear’ zone, the near-term technicals of Polkad...
44 Countries Fly to El Salvador to Discuss Bitcoin and Its Benefits
Nayib Bukele, the President of El Salvador, took to Twitter to announce that 32 Central Banks and 12 Financial Authorities from 44 countries were flying in on May 16, 2022, Monday. The meeting will ce...
Luna Foundation Guard Reserves Decimated By Terra Crash
The Luna Foundation Guard (LFG) revealed on Monday that the recent Terra crash, and its measures to support UST had wiped out most of its reserves. Its holdings now stand at about $260 million- a far ...
How A Road Course Race Became A Key Part Of The Indianapolis 500 “Month Of May” Schedule
Juan Pablo Montoya speeds through the infield portion of the IMS Road Course during Saturday’s GMR … [+] Grand Prix INDYCAR Photo It was Opening Day for the Indianapolis 500 in May 2013 an...
JetBlue Launches Tender Offer for Spirit Airlines at $30 a Share
Text size Spirit Airlines planes are shown at the George Bush Intercontinental Airport in Houston (Photo by Brandon Bell/Getty Images) Spirit Airlines shares surged Monday after JetBlue Airways launch...
Bitcoin investment giant Grayscale debuts ETF in Europe
Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale...
Litecoin price analysis:Bearish reversal pattern takes shape, LTC/USD finds support at $65.4
Litecoin price analysis indicates the market is facing a slight sell-off and prices have pulled back to the $66.24 after the market closed in a bearish manner on the previous day. The Litecoin market ...
Terra LUNA Circulating Supply Increases by Nearly 1.9 Million Percent Within Days
As the effect of the Terra USD (UST) losing its peg to the dollar continues to take its toll, the circulating quantity of Terra’s LUNA has surged by over 1.9 million percent in the last seven da...
USD/CHF forecast as the Swiss franc sell-off accelerates
The Swiss franc relentless crash continued on Monday. The USD/CHF pair has risen in the past seven straight weeks and is trading at the highest point since May 2019. Similarly, the EUR/CHF pair has ri...
Bitcoin Conference in El Salvador Attracts 44 Countries
El Salvador’s president has announced that 32 central banks and 12 financial authorities will convene in the country to discuss bitcoin. The meeting of 44 countries will focus on financial inclusion,...
Crypto Prices Move in Tandem With Traditional Markets, Punishing Investors
Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The th...