While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to ...
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FTX Token, Polkadot, Stellar Lumens Price Analysis: 12 May
The bloodbath continued on the charts as the altcoin market continued to plunge further south. FTX Token attempted to climb past the $30 mark but was unable to stay above this level. Polkadot simply s...
Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg?
Tether (USDT), the world’s largest stablecoin, appears to be under extreme liquidation pressure amid the ongoing crypto crash. The token is down 4.8% to 0.9508- its lowest level since the 2017 crypto ...
Digital Arms & Hunter Token: NFTs Meet Online Firearms
Launched in 2020, Digital Arms is developing a very unique platform that opens a door for firearm enthusiasts, RPG first sight shooting lovers and crypto fans to a bold new world of NFT gaming. With D...
League of Kingdoms Bootstraps Play-to-Earn Ecosystem Following Enormous Growth
– Advertisement – Tortola, British Virgin Islands, 12th May, 2022, Chainwire League of Kingdoms, an MMO blockchain game launched in 2020, is beginning its plan to implement an engaging pla...
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
Azuki NFTs Creator to Refund Investors After Admitting to ‘Rug Pulls’
Zagabond, the pseudonymous founder of the popular Azuki non-fungible token (NFT) collection, has promised to compensate investors who lost money after he abandoned three crypto projects that later tur...
Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis
Illicit cryptocurrency transactions in the decentralised finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis. Over the...
Market Bleeds As LUNA Nears $0
TradingView Worth $119.22 at its peak, LUNA LUNA , the sister asset of troubled cryptocurrency TerraUSD UST , collapsed to almost $0 overnight. As of 10:45 a.m. ET, the token is trading at $0.005 with...
Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues
Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the stablecoin market amid serious sell pressure in the wider industry. According to CoinMarketCap, the slump h...
BYND Stock Slumps 24% as Beyond Meat Q1 2022 Revenue Misses Estimates
Ahead of the earnings report, the shares of Beyond Meat (BYND) closed Wednesday’s trading session down 13.83%. The American company that produces plant-based meat substitutes Beyond Meat Inc (NASDAQ: ...
Dapper Labs’ Flow Launches $725M Fund to Facilitate Web3 Growth
Vancouver-headquartered Flow is launching a $725 million ecosystem fund for decentralized applications aiming at developing on the Flow blockchain. According to a press release, the fund’s intended ut...
Grayscale Met With The SEC, Tried To Convince Them To Turn The GBTC Into An ETF
Will GBTC get to become the first US-based spot bitcoin ETF? It doesn’t look that way. The euphoria from six months ago turned into Grayscale hinting that it might sue the SEC if its request is denied...
Coinbase Shares Suffer Total Pressure: 23% at Market Opening
It has been quite the 24 hours for crypto and Coinbase in particular. The leading crypto exchange in the United States falls under total pressure: bad disclosure reports, collapsing markets and fresh ...
Whale Sells 5 Trillion Shiba Inu Causing Serious SHIB Price Fall, Is Tron CEO Behind This Dip?
– Advertisement – TRON Founder “Justin Sun” Blamed For Recent Shiba Inu (SHIB) Dip? Conspiracy or True? The founder of TRON, Justin Sun, is blamed for the recent Shiba Inu (SHIB) dip. Shib...
Polkadot (DOT) Price Analysis: May 12
7 hours ago | 2 mins read Polkadot (DOT) News On May 12, the bullish DOT price analysis is at $55. DOT’s bearish market price analysis for May 12, 2022, is $7.10. Polkadot’s MA shows a downward trend....
XRP Price Analysis: Is There A Big Money In Ripple Price?
In the past few days, the crypto market is bleeding. There could be numerous reasons why the market displays poor performance. This post is all about the XRP price analysis. For XRP, things didn’t go ...
Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis
Tether (USDT), the world’s largest stablecoin, briefly dropped 5% on Thursday, falling as low as $0.95. The stablecoin has recovered some but is still trading at $0.98, according to data from CoinMark...
What really happened to Terra LUNA and UST?
Terra LUNA has now lost almost $100 of its market value, whereas UST, after hitting a low of $0.29, seems to be approaching the peg threshold again. The path, however, is still a long way off and the ...
Future Innovation Summit hosts 2nd edition event on 11th and 12th May in Dubai, UAE
Future Innovation Summit, founded by Adnan Al Noorani, is delighted to announce the launch of their 2nd edition event taking place in the Meydan Hotel, Dubai, on 11th and 12th of May, 2022, after a su...
$0.07 Support Breakdown Tease 30% Fall in GALA
The GALA holders losing the monthly support of $0.165 released the awaiting selling momentum. The extended correction has recently breached the $0.07 support, registering a loss of 62%. If sellers sho...
Tether CTO Says, USDT-Dollar Remains Strong Amid Stablecoin Crises
The LUNA/UST affair has caused discrepancies in the BTC-stablecoin trading pairs on different global cryptocurrency exchanges. Cryptocurrencies are still feeling the effects of the TerraUSD disaster, ...
ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently, the token has experienced massive volatility leading into...
Coinbase’s Services Halted by Indian Central Bank, Here’s Why
Arman Shirinyan One of the biggest trading platforms in the world is now having problems with one of the biggest crypto markets in the world According to a recent Bloomberg article, India’s cent...
SEC v. Ripple: SEC May Abandon William If Confirmed That He Had Conflict of Interest While in Office, Legal Expert Says
– Advertisement – Attorney John Deaton believes the SEC may likely throw Hinman under the bus if it is proven that he had a conflict of interest during his Ethereum free pass speech in 201...
Five U.S. States Order Virtual Casino to Stop Selling NFTs
Regulators in five U.S. states – Texas, Wisconsin, Kentucky, New Jersey, and Alabama – have issued a cease-and-desist order against Flamingo Casino Club, a virtual platform where users can purchase no...
Hockey Bets Are on Fire
6th May 2022, Limassol, Cyprus — Adding to the latest trends in Hockey, 1xBit announces its Ice on Fire tournament. The tournament will feature reward essentials where members can join the hunt and sh...
Saudi Aramco Becomes World’s Most Valuable Company as Apple Stock Drops
Following a 5.2% decline on Wednesday, Apple was overtaken by Middle Eastern oil behemoth Saudi Aramco as the world’s most valuable stock. American consumer electronics powerhouse Apple Inc (NASDAQ: A...