Dow Falls 300 Points As Red-Hot Inflation Report And Sinking Tech Stocks Drag Markets Lower

Topline The stock finished lower yet again on Wednesday after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to ...

Unstable Market – Investors Seek Stablecoins Support

5 hours ago | 2 mins read Altcoin News The market capitalization of stablecoin is around $170 billion as of this month. The only category of coin that is trading in green during the last 7 days. Stabl...

Solana, Avalanche Struggle as Investors Lose Confidence

Key Takeaways Solana and Avalanche have each dropped over 30% in the last 72 hours.  Both Layer 1 tokens are now testing crucial support areas and their futures look uncertain. In the meantime, invest...

Maker’s MKR Token Surges 30% and Stablecoin DAI Leapfrogs UST

Maker’s governance token MKR spiked more than 30% overnight, and its stablecoin DAI also benefited from the continued meltdown of Terra’s UST stablecoin, which slipped as low as $0.30 in the early hou...

Is Terra (LUNA) Done Correcting After 93% Decrease In Three Days?

Terra (LUNA) has been falling sharply since May 9 and has so far reached a low of $4.12. This is the lowest price since early 2021. LUNA has been falling since reaching an all-time high of $119.55 on ...

Sentiment on the CAC40 turns bullish

For the first time since 2020, this figure shot upwards, registering a positive burst of interest from CAC40 investors. It happened at the same time as the first round of the French election ballot.  ...

SOL/USD Falls Below $50 As Bears Show Up

The daily chart reveals that the Solana price prediction is ready for a long-entry level near the support level of $40 level. SOL/USD Market Key Levels: Resistance levels: $100, $110, $120 Support lev...

Co:Create Raises $25M in Seed Round Led by A16z

The $25 million seed round is said to be used for the development of the company and the expansion of its team. Co:Create, a crypto startup has raised 25 million in a seed round led by Andreessen Horo...

Polygon (MATIC) Heading towards Liquidity Zone, Will the Price Now Head Above $1.1?

Polygon Network after an inverse parabolic price movement visited the lower liquidity zone yet again after a pretty long time. The price is currently hovering around the July 2021 crash levels and hen...

3 Cryptos You Need In Your Portfolio – Cardano (ADA), Fantom (FTM) & FIREPIN Token (FRPN)

The decline in the usage of tangible money demonstrates a shift in society’s thinking. As  we’re no longer restricted to the things we can touch, there’s an entire world out there th...

Coinbase Stock Slides After Revenue Miss But Many Analysts Say ‘Fears Appear Greatly Overblown’

NEW YORK, NY – APRIL 14: Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Getty Images Shares...

The P2E Industry’s First 3D Racing Metaverse ⋆ ZyCrypto

Advertisement &nbsp &nbsp THE EGGS WORLD is the universe’s first multiplayer cart racing metaverse and 3D turn-based game, set in an immersive world where players collect skin...

QATAR 2022 TOKEN (FWC) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, May. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed QATAR 2022 TOKEN (FWC) on May 9, 2022. For all users of LBank Exchange, the FWC/USDT trading pa...

Moneda digital de Chile debería también funcionar sin conexión, según presidenta del banco central

La moneda digital emitida por el Banco Central de Chile (CBDC, por su sigla en inglés) necesitaría aceptar pagos fuera de línea, dijo la presidenta de la autoridad monetaria de ese país, Rosanna Costa...

Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

The UST drama continues on the cryptocurrency market as more people are in massive losses after Luna’s drop below $10 and UST’s failure to maintain the peg with one U.S. dollar. To calm do...

Charles Hoskinson Says Cardano Is Built For Everyone, ADA Will Last As It’s Designed to Be Resilient in Bad Times

– Advertisement –   Cardano CEO Charles Hoskinson Comments On Why the Current Market Atmosphere Is No Hindrance to Serious Investors. As the markets turn red, Cardano’s founder and CEO, Ch...

Whales Now Targets XRP – 100M Tokens is Transferred to Unknown Wallet

Whales activities and targets are rising on a daily basis, targeting popular cryptocurrencies in recent days. Today, the whale’s alert revealed, 100,000,000 XRP worth $50,341,416, been transferred fro...

Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project

Key Takeaways Terra founder Do Kwon has been revealed to be the identity behind “Rick Sanchez,” one of the anonymous co-founders of Basis Cash. Basis Cash was modeled on Basis (previously ...

What Is Terra? The Algorithmic Stablecoin Protocol Explained

Stablecoins are assets pegged to the price of a single asset, typically a fiat currency such as the dollar. The first generation of stablecoins, such as Tether, maintain their price using a basket of ...

Ripple Price Prediction for Today, May 11: XRP Drops Below $0.50

The Ripple price prediction shows that XRP is down by 15.55% in the last few hours as the coin touches $0.40 support. XRP/USD Market Key Levels: Resistance levels: $0.70, $0.75, $0.80 Support levels: ...

TRON DAO Deploys $2 Billion to Protect TRX Following the LUNA Crash

With Terra getting in the news in the past several days for its failing stablecoin, Justin Sun reassured that the TRON DAO Reserve plans to allocate $2 billion to fight potential attacks against TRX, ...

Amber Group launches Openverse to mark their entry into the Metaverse

Amber Group, the leading global digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a Web3 enablement platform for creators, brands and businesses. A cul...

Chainalysis Secures $170M in Series F Funding Round, Pushes Company’s Valuation to $8.6B Valuation 

Singapore’s sovereign wealth fund, GIC, is the lead investor in the latest Chainalysis funding. Software company Chainalysis has generated $170 million in a Series F funding round. Following the lates...

LBank Exchange Will List OPSMEN on May 12, 2022

INTERNET CITY, DUBAI, May. 10, 2022 – LBank Exchange, a global digital asset trading platform, will list OPSMEN on May 12, 2022. For all users of LBank Exchange, the OPSMEN/USDT trading pair will be o...

The Fed cites its concern about stablecoins in its latest Financial Stability Report

The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to the volatility on commodities markets brought on by the Russian invasion of U...

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution

Coinbase is trading as though it will “burn through all of its cash and then become insolvent,” Mark Palmer, BTIG’s equity research analyst said in a note. Eventually, investors will recognize an oppo...

Terra’s LUNA Tumbles Below $10 Amid Catastrophic Sell-Off

Alex Dovbnya Terra’s LUNA has slumped into single-digit territory after a massive sell-off Terra’s LUNA plunged below the $10 mark at 5:06 a.m. UTC on the Binance exchange, hitting an intr...

Terra: the failure of an ecosystem?

In recent days, the entire crypto market has suffered a general collapse. The most shocking scenario, however, is depicted by the Terra ecosystem, which seems to have failed in many ways. What has hap...

UST Revives Back Above $0.50

After a successful break above $0.50, the TerraUSD price prediction extended its recovery to touch the resistance level of $0.54. UST/USD Long-term Trend: Bearish (45 Minute Chart) Key levels: Resista...

Tron (TRX) and Polygon (MATIC) consolidate while new cryptocurrency Mushe (XMU) attracts retail players

Tron (TRX) and Polygon (MATIC) have seen a lot of price consolidation and whales have continued to increase their holdings in both tokens in the past few weeks. Both tokens have managed to attract ret...

Coinbase Faces No Risks of Bankruptcy Despite Market Crash and Disappointing Q1 Results, Says CEO

Following recent events in the crypto market, Coinbase CEO Brian Armstrong has put customers’ minds at ease by reassuring them that the US crypto exchange currently has no risk of bankruptcy, as some ...

A deep dive into the fees and user experience of LBank Exchange

LBank is a crypto exchange founded in 2015. Despite being in the crypto hostile state of China, it has grown steadily since its inception and is now flourishing with more than 120 unique crypto tokens...