Terra’s LUNA Drops to Under $8 After 90% Weekly Plunge
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days.
Bitcoin (BTC) Consolidates Slightly Above $30,000 After Steep Fall
Bitcoin (BTC) has increased slightly since its May 10 fall below $30,000 and has created its first short-term higher low. Bitcoin had been increasing inside an ascending parallel channel since…
If You Invested $100 In Bitcoin (BTC) When El Salvador Made It Legal Tender, Here’s How Much You’d Have Now
On June 9, 2021, the Central American nation of El Salvador became the first country in the world to adopt Bitcoin (CRYPTO: BTC) as legal tender. The move meant that…
Cult Dao’s Revolt 2 Earn Concept Draws Attention of Anonymous
CULT DAO, a blockchain-based DAO seeking to advance the decentralized finance revolution, announces Revolt (RVLT), which attracted the attention of Anonymous. The decentralized international activist and hacktivist group seem to…
This Crypto defied odds & rallied, while the Market crashed
The crypto markets have entered their biggest slump in 2022. Bitcoin, the original cryptocurrency, is down 17.2% in the weekly charts and 26% down in the monthly. While the rest…
New York digital media company the latest to add Bitcoin to balance sheet
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its…
VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022.
Shiba Inu Sees 260% Surge In Large Transactions Over 24 Hours
Meme-themed cryptocurrency Shiba Inu (CRYPTO: SHIB) saw a significant uptick in high-value transactions on Tuesday. What Happened: According to data from IntoTheBlock, SHIB recorded a 260% increase in large transactions…
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Langauge Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
Crypto Exchanges Offer ‘Paper Bitcoin’ Claims Market Analyst
A market analyst has claimed that bitcoins held on exchanges are nothing more than “paper bitcoin” that depresses the price of BTC. Rufas Kamau of Scope Markets Kenya made the…