UST Resumes Spiral After Quiet Day Orbiting 90 Cents
TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action. Original Source
Read MoreTerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action. Original Source
Read MoreThe manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet. Source
Read MoreTerra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST).The LUNA/USD pair dropped 20% between May 7 and May 8, hitting $61, its worst level in three months, after a whale mass-dumped $285 million worth of UST. As a result of this selloff, UST briefly
Read MoreCoinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing a maximum of 150 total transactions on the day and $75,000 in USD volume.The transactions captured by Dune Analytics show the total amount which
Read MorePolkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector.DOT price gains 12% on XCM launchBulls pushed DOT's price to $16.44 on May 5 from $14.72 a day before, gaining a little over 12%
Read MoreDigital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade
Read MoreThe launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed.The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management, Cboe Australia, released a statement late Tuesday stating that “standard
Read MoreRegulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting crypto firms explore the boundaries of what is permissible by themselves and then punishing industry participants in
Read MoreEthereum started a sharp decline from $3,180 against the US Dollar. ETH bulls must protect the $2,950 support to avoid a trend change in the near term. Ethereum failed to gain strength above $3,150 and started a fresh decline. The price is now trading above $3,030 and the 100 hourly simple moving
Read MoreApril 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources.According to a January report by the Bitcoin Mining Council, by Q4 2021, the global
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