Terra founder Do Kwon on Wednesday outlined plans to support the flailing Terra blockchain. But his plan is likely to pressure LUNA prices further. Terra (LUNA) has registered a historic dump amid the...
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Queen’s Speech 2022 Sparks UK’s Renewed Interest in Cryptocurrencies
The English Queen’s speech was read out in Parliament by Prince Charles and the country’s cryptocurrency ecosystem is bracing itself for monumental legislation in the coming months. The United Kingdom...
LUNA & UST Price Move Closer to “Zero”! What’s Next? – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon has advised LUNA investors to “stay strong” as the price approaches zero. Prices have plummeted since the UST stablecoin lost parity with the US dollar, hitting a new low this morning. LUNA, U...
Hong Kong Police Arrest 25-Year-Old Man For $191,000 Cryptocurrency Fraud
Hong Kong police have arrested a 24-year-old man for allegedly piloting a cryptocurrency scam sometime last week, the South China Morning Post reported Wednesday. 24-Year-Old Man Steals 191k in Crypt...
Controversial Dollar-Pegged Stablecoin UST Crashes 60% to 35 Cents
Dollar stablecoin UST plunged substantially on Wednesday to below 40 cents, as its sister token Luna also sank 80% to $5. UST, a stablecoin pegged to the value of the dollar, plummeted more than 60% t...
Jim Cramer Says It’s Time to Buy the Dip in Profitable Tech Stocks; Here Are 2 Names Analysts Like
Markets have well and truly changed direction from last year’s bullish trends. The downward shift has brought us a major selloff, and declines of 27% and more in the tech-heavy NASDAQ index. For inves...
Monero [XMR] traders must watch out for these key levels before entering calls
Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the a...
Coinbase CEO Clears Air Regarding Risk Of Bankruptcy
The chief executive of Coinbase, Brian Armstrong, has eased out concerns regarding bankruptcy in one of his tweets. He further allayed the fears of Coinbase users by stating that the company’s latest ...
Cardano Struggles Beneath $1, Will It Rest Above Its Crucial Support?
Price of Cardano (ADA) has been unstable following larger market trends. Bitcoin slid upto 20% over the past week and major altcoins followed through. Bitcoin’s revisit to levels that it hasn’t touche...
Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the most popular payment service in the region...
Panel of 36 Industry Experts In Recent Report Says Ripple Will Hit $2.55 By December 2022 Despite Recent Price Dip
– Advertisement – The financial experts make favorable XRP predictions despite the underperformance of the crypto market. The general cryptocurrency market has been on a downtrend since ...
Bank of Israel Moves a Step Closer to Introduce CBDC in the Country
3 hours ago | 2 mins read Altcoin News At the end of 2017, the Central Bank began considering the CBDC project. It did not perceive a risk of “erosion” to its banking system. The central Bank of Israe...
Shiba Inu gives update on new developments, including the SHI stablecoin
A blog post from Shiba Inu gives an update on ecosystem developments per ‘Riyoshi’s Vision.’ Riyoshi is the project’s anonymous founder who claims to hold 0 $SHIB tokens, as doing so would affect his ...
As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1
In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar at the time of writing. No, we haven’t ...
Central Bank of Israel Considering CBDC – Coinpedia – Fintech & Cryptocurreny News Media
Recent research by the Bank of International Settlement revealed that nine out of ten central banks are working on the CBDC project, as digital currency projects are on the top priority list in the co...
Coinbase CEO Blames RBI for Botched India Launch Coinbase CEO Blames RBI for Informal Pressure for Botched India Launch
Coinbase Co-founder and CEO Brian Armstrong squarely blamed the Reserve Bank of India (RBI) for employing “informal pressure” and denying the Unified Payments Interface (UPI) services that led to Coin...
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stab...
Cardano and XRP Beat Coinbase’s Whole Market Capitalization Following Earnings Report
Arman Shirinyan One of the biggest crypto companies in the world is now smaller than Cardano or XRP Following the revelation of the company’s performance in Q1, 2022, Coinbase’s stock drop...
Top 3 AMM Tokens by Market Capitalization as per CryptoDep
3 hours ago | 2 mins read Defi News Uniswap has been down 14.42% in the last 24 hours. PancakeSwap uses an automated market maker mechanism. Let us look at the top 3 AMM tokens by market capitalizatio...
New Bancor Update Gives DeFi Investors ‘100% Impermanent Loss Protection’
Bancor, an early decentralized finance (DeFi) protocol, announced that its much-anticipated protocol update, Bancor 3, is now out of beta and has launched on mainnet, bringing with it a host of new fe...
Haun Ventures Leads $11M Seed Round for Web3 Platform Highlight
Using Highlight’s toolkit, creators can tailor their community’s visual appearance to their preference and design and mint NFTs. Web3 community platform Highlight has successfully completed an $11 mil...
US Losing Lead in Web3 Development to Russia and India
The United States is losing overall market share in terms of Web3 developers, according to data from crypto venture capital firm Electric Capital. Since 2017, the absolute number of Web3 developers in...
Here Is Why Buy The Dip For Cardano Might Not Be An Option Now!
The cryptocurrency bloodbath has entered yet another day today as the majority of the cryptocurrencies have lost their value in the middle of volatility. Terra (LUNA) plunged below $1 while Bitcoin is...
Can Pacman Frog (PAC) Take Its Place Among the Most Valuable Coins Like Ripple (XRP) and TRON (TRX)?
Cryptocurrencies are all the rage right now, and for good reason. They offer a new way to invest and make money that is outside of the traditional system. While Bitcoin is the most well-known cryptocu...
South Korean Exchanges Warn LUNA Investors as UST Collapse Mirrors TITAN Saga
After a dramatic 90% market crash, LUNA, trading below $5, is now deemed a “cautionary item” by the popular South Korean cryptocurrency exchange UpBit. Investors are unnerved after the embattled crypt...
Cosmos: ATOM likely to see a bounce, but how high can it reach
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The trend across the altcoin market remained extremely bearish on ...
Terra (LUNA) Price Hits Record Low, Can Do Kwon Fix This?
The Terra (LUNA) price has fallen to an all-time low below $1, despite founder Do Kwon’s proposal to fix the UST peg. The token slumped 98% in the past 24 hours, with losses showing no signs of slowin...
ENCTR Launches Their Public Presale Whitelist on May 16, 2022
We’re incredibly excited to announce that the ENCTR project is launching a public presale on May 16, 2022. If you’ve been wanting to get involved with ENCTR this is your chance to get in at the floor ...