ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall cryptocur...
Showing posts with label news. Show all posts
Showing posts with label news. Show all posts
While Stocks Rebound, Analysts Discuss Bitcoin's Decoupling, Gold Markets Remain 'Under Pressure'
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes r...
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum's Valuation Shrinks
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356...
Stepn to block mainland China users to comply with regulatory policies
In a move to comply with Chinese regulatory policies, Stepn will be blocking users based in mainland China from its mobile app.
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announ...
Biggest Movers: ATOM Remains Close to 1-Year Lows, as DOT Declines 8%
ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s t...
3 Members of Terraform Labs' In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from t...
ShapeShift creates FOX Foundation as intermediary for successful DAO transition
The entity will be dissolved upon the completion of ShapeShift’s decentralization process.
Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machine...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things ...
Binance CEO CZ to support Terra community but expects more transparency
Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collection...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year ev...
Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, onl...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA.
As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trill...
Biggest Movers: DOT, ADA, SHIB Down Under 10%, as WAVES Rallies on Monday
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite thi...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin's $1 Parity
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled...
Compound Treasury receives B- credit rating from S&P Global Ratings
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.
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