Terra Ecosystem Faces Pressure as Stablecoin Depegs
Terras UST experienced a similar depeg event during a market-wide meltdown in May 2021. More Problems for UST Its been an eventful weekend for the Terra ecosystem. The Layer 1...
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DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined
Stargate is a fully composable cross-chain primitive that enables native asset transfers between blockchain networks with instantly guaranteed finality. It is built on top of LayerZero, a novel piece of...
Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday
Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was…
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend
Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency…
Biggest Movers: WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday
WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall…
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an…
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022?
Latest OpenSea Attack Sees Hacker Infiltrate Discord
The OpenSea Discord server was hacked early Friday morning. A series of posts from a compromised OpenSea Discord server bot directed users to mint a YouTube Genesis Mint Pass from...
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by…
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting,…
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