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2022-05-21 01:00:00 ​​Bitcoin 'death cross' data hints 43% drop due in BTC price bear market, & Other News

The best of crypto news, prepared fresh and hot every day:

Terra’s amended revival plan would decrease the allocation for post-attack UST holders
Terra posted three new revisions to its revival plan. This included increasing genesis liquidity, introducing a new liquidity profile and decreasing allocation for some holders.

Bitcoin 'death cross' data hints 43% drop due in BTC price bear market
Based on historical tendencies, $22,700 could now mark the next "generational bottom" for Bitcoin, new analysis says.

Ethereum preparing a 'bear trap' ahead of the Merge — ETH price to $4K next?
An ascending triangle setup promises major price rebound in the Ethereum price in 2022.

SPONSORED. Horror gaming project integrates metaverse, NFTs and P2E to cause extreme fear
One gaming project combines exciting games, a proprietary metaverse, NFTs, and P2E model to generate thrilling action experiences.

SPONSORED. Deepak Chopra partners with crypto crowdfunding platform to launch mental health token
Cryptocurrency provides users with a new approach to crowdfunding, drawing attention to world issues such as mental health. Open / Comment

2022-05-20 01:00:00 ​​BNB Chain offers another lifeline to Terra ecosystem projects, & Other News

The best of crypto news, prepared fresh and hot every day:

Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry
Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows.

BNB Chain offers another lifeline to Terra ecosystem projects
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol.

Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Despite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well.

SPONSORED. Blockchain ecosystem guarantees luxury products for life with infinitely regenerating products
Despite the use of AI and government regulations, the war between luxury goods and counterfeiters wares on. Open / Comment

2022-05-19 01:00:00 ​​Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987, & Other News

The best of crypto news, prepared fresh and hot every day:

Early polling from Terra vote indicates 91% are in favor of 'rebirth'
Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens.

Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987
Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains.

Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.

SPONSORED. Investment platform achieves world-first with asset management recorded on blockchain
Despite their position in simplifying investing, index funds in the crypto space require widespread regulation to survive the upcoming regulatory crackdown.

SPONSORED. Scaling DApps in 2022, explained
There are multiple proposed solutions to blockchain scalability. One such solution is interoperability. Let’s examine how this works. Open / Comment

2022-05-18 01:00:00 ​​Do Kwon summoned to parliamentary hearing following UST and LUNA crash, & Other News

The best of crypto news, prepared fresh and hot every day:

Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor
Here is why the archipelago of Madeira is “adopting” Bitcoin and how its president fell down the BTC rabbit hole.

Do Kwon summoned to parliamentary hearing following UST and LUNA crash
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details.

BitMEX launches spot crypto exchange following $30M penalty
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now.

Spotify reportedly tests NFT galleries on musician profiles
The platform is exploring the possibilities to “improve artists’ and fan experiences,” surveying its users. Open / Comment

2022-05-17 01:00:00 ​​Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC, & Other News

The best of crypto news, prepared fresh and hot every day:

Polygon and others extend helping hand to Terra blockchain projects
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events.

Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.

Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below $0.60.

SPONSORED. Ukrainian centralized exchange moves to global expansion track, plans to release metaverse
Centralized exchanges were once just the intermediary between buyer and seller; now, they’ve evolved to become the turning point in ensuring consumer security, diverse asset availability and, in modern cases, access to the metaverse.

SPONSORED. First-of-its-kind mobile NFT explorer provides users a clear overview of digital collectibles
Despite their significant short-term gains, NFTs are as misunderstood as online shopping in the 1990s. Open / Comment

2022-05-14 01:00:00 ​​Breaking: Do Kwon proposes Terra revival, including token redistribution plan, & Other News

The best of crypto news, prepared fresh and hot every day:

Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation.

Breaking: Do Kwon proposes Terra revival, including token redistribution plan
After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders.

What happened? Terra debacle exposes flaws plaguing the crypto industry
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins.

SPONSORED. NFT platform for ticketing and music announces token launch on Bittrex Global’s IEO Platform Starting Block
The music industry is what some consider a mess with scalpers and fraudulent tickets circling around; fortunately, NFTs may be a way to something better.

SPONSORED. Berlin’s biggest blockchain studio Lightcurve announces recruitment plans
Careers in blockchain have proven crucial to shaping a future driven by decentralized technologies. Open / Comment

2022-05-13 01:00:00 ​​Breaking: Terra blockchain officially halted following LUNA price collapse, & Other News

The best of crypto news, prepared fresh and hot every day:

3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry.

Breaking: Terra blockchain officially halted following LUNA price collapse
Validators decided to halt chain operations on Thursday in anticipation of governance attacks as the LUNA token plunged over 99%.

Bitcoin could target $32K, says trader as LUNA crashes below one penny
Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex.

SPONSORED. Connecting blockchain with the real economy is this gaming platform’s goal
Blockchain games allow users to connect different versions of their virtual selves with real-world assets.

SPONSORED. Decentralized network releases Minecraft clone metaverse on SXP Blockchain
DAOs break down walls previously built by Web2 infrastructure, enabling communities to achieve world-changing missions without centralized oversight. Open / Comment

2022-05-12 01:00:00 ​​LUNA meltdown sparks theories and told-you-sos from crypto community, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.

LUNA meltdown sparks theories and told-you-sos from crypto community
Some of you saw it coming; some of you still can't believe it's real. Was the "most significant collapse in crypto history" an attack?

Avalanche drops 30% on fears Terra's LFG will dump AVAX next
Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff.

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New metaverse platforms are eliminating previously high barriers for businesses and influencers to begin developing their presence in Web 3.0.

SPONSORED. Public blockchain KuCoin aims to solve high gas fees on Ethereum
Ethereum’s high gas fees have made it impossible for the network to demonstrate its full utility. Open / Comment

2022-05-11 01:00:00 ​​Polygon reaches level that last time triggered a 275% MATIC price rally, & Other News

The best of crypto news, prepared fresh and hot every day:

Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
ETH/BTC rallies to test its 'ascending triangle' pattern for a bullish breakout.

Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat?
MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta.

Can Solana become the dominant PoS chain despite persistent outages?
The Solana network seems to be battling persistent outages while seeking to address the industry’s blockchain trilemma.

SPONSORED. Blockchain network enables digitizing the mind to eliminate bottlenecks in human communication
Without AI, human interactions might have delayed the distribution of knowledge on a large scale.

SPONSORED. Creating a one-stop NFT solutions platform: In a conversation with ChainUp
The NFT landscape is growing rapidly, and companies are coming up with better solutions and access for individuals and businesses. Open / Comment

2022-05-10 01:00:00 ​​SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks.

SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway
Shiba Inu developer promises a bright future with an upcoming NFT gaming project, but SHIB price continues to fall.

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
BTC and many altcoins are fast approaching the “capitulation phase,” which is typically followed by the market finding a bottom.

SPONSORED. Blockchain and digital rights management company releases world’s first NFT Ad platform
Marketers must stay up to date on the latest trends; unfortunately, making the jump to the metaverse is far different than navigating the art of the reel.

SPONSORED. Cross-chain DEX aggregator provides seamless swaps between major blockchains
Leading decentralized cross-chain app to offer competitive prices and liquidity on cryptocurrency swaps with v2.0 launch. Open / Comment