LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts
Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. Two analysts from the Wall…
Mark Cuban Picks These 2 Sectors For Young Investors And Entrepreneurs To Target
In a LinkedIn live interview, entrepreneur and investor Mark Cuban highlighted two areas that young investors should consider targeting for future growth. Cuban on Crypto: One area Cuban thinks young…
Today Is The One Year Anniversary Of Elon Musk On SNL And Dogecoin All-Time Highs: Here’s What’s Happened Since
May 8 will go down as an important day in the history of cryptocurrency, as Dogecoin (CRYPTO: DOGE) hit an all-time high. The date also coincided with a rare appearance…
NFT Market Valuation to Rise To Over $13B By 2027: Report
According to a report published by the research firm MarketsandMarkets, the NFT sector could be worth over $13 billion by the end of 2027. The global NFT market is expected…
The Fed Raised Rates and Markets Freaked Out
After Jerome Powell’s press conference all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight.
U.K. Hacker Faces Possible Extradition to U.S. Following Sim-Swap Crypto Fraud
A 24-year-old U.K. man faces extradition to the U.S. following a sim-swap scam that occurred in mid-2021 which targeted a Boston cryptocurrency broker. Robert Barr, 24, is facing extradition to…
Instagram to Support NFTs From Ethereum, Solana, and Others
Instagram plans to integrate non-fungible tokens (NFTs) from top platforms such as Solana, Ethereum Flow, and Polygon, Coindesk reported. The social media platform is expected to announce a pilot scheme…
Bitcoin Bloodbath Getting Worse: Crypto Experts Say Mid-$20,000 Range May Be Next
Bitcoin (CRYPTO: BTC) has broken below $35,000. The price of BTC marked a low of $34,378.04 over the past 24 hours. Apart from a short selloff in January, Bitcoin’s price…