Terra’s LUNA Token Looks Bound for a Brief Correction

Key Takeaways LUNA’s price has risen by more than 100% in the past 10 days.  Investors could now take profits as suggested by the technicals.  A spike in selling pressure could see... Read more »

Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in the sanctions

Ukraine’s call on banning Russians from the crypto market was rejected by crypto exchange giants like Binance and Coinbase unless law required it. Even though there are no official decrees forcing exchange... Read more »

US Virginia Senate allows state banks to offer crypto custody services

The United States Senate unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services.  Delegate Christopher T. Head introduced... Read more »

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching... Read more »

DeFi Project Spotlight: Acala, Polkadot’s DeFi Hub

Key Takeaways Acala is a cross-chain interoperable Polkadot parachain that’s aiming to become crypto’s leading DeFi hub. Its ecosystem is centered around the decentralized, Maker-inspired, overcollateralized stablecoin, Acala Dollar. Acala is built... Read more »

Here’s how the token economies of the top 4 DEXs work

According to Footprint Analytics, as of Feb. 25, there were 372 DEX protocols, totaling a TVL of $62.3 billion, above 30% of the total of DeFi. The top 5 DEXes by TVL... Read more »

Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’

March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a... Read more »

Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180... Read more »

Bitcoin declines with US stocks as nuclear threat ripples through markets

Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support appeared on the horizon. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Markets “shaky,” but... Read more »

Cosmos Looks Primed for a Steep Correction

Key Takeaways Cosmos has risen by more than 60% over the past week. The recent uptrend appears to be approaching exhaustion. A spike in selling pressure could push ATOM to $28. Share... Read more »