“Ethereum Killers” Underwater Against Ethereum

Key Takeaways Little has been spared in the market dip over the past few months. However, alternative Layer 1 smart contract platforms have fared particularly poorly against Ethereum. Despite its problems and... Read more »

Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard

Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto “Fear... Read more »

Hoskinson blasts VCs, ‘Wall Street types’ for downturn in crypto markets

Cardano founder Charles Hoskinson posted a video on Wednesday sharing his views on the crypto market downturn. He said, being in crypto for over ten years, he’s seen it all twice. Nothing... Read more »

Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia

President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should... Read more »

Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST

Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets. Data from Cointelegraph Markets Pro and TradingView showed both... Read more »

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK... Read more »

SwissBorg report explains cause of the “death spiral” of UST

The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading at just $0.59 at writing. SwissBorg issued a... Read more »

Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9 rout,... Read more »

Crypto Market Rebounds With More Pain Ahead

Key Takeaways Roughly $23 billion worth of value has been wiped out of the cryptocurrency industry in the past 24 hours.  The top two crypto assets, Bitcoin and Ethereum, both erased double-digits... Read more »

California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3

California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation,... Read more »