The Crypto Whales That Backed Terra Before It Imploded

Key Takeaways Terra collapsed in dramatic fashion this week after its UST stablecoin lost its peg to the dollar, sending LUNA into a death spiral. Many of the top venture capital firms... Read more »

Crypto Market Continues Freefall as Bitcoin, Ethereum Tank

Key Takeaways The cryptocurrency market has experienced a sharp decline today. Bitcoin, Ethereum, and many other assets are trading deep in the red amid macroeconomic uncertainty and the ongoing Terra crisis. The... Read more »

Terraform Labs Shares “Emergency” Plans as LUNA Breaks Below Five Cents

Share this article Terraform Labs has endorsed a plan to accelerate the UST burn rate in an attempt to save Terra from collapsing.  Terra Aims to Avoid Collapse  Terra is still in... Read more »

Uncertainty Looms Despite Bitcoin, Ethereum Rebound

Key Takeaways Bitcoin has seen its price rebound by nearly 17% in the past 24 hours. Likewise, Ethereum reclaimed $2,000 as support after going as low as $1,700.  Nevertheless, BTC and ETH... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has lost its peg to the dollar. USDT briefly traded as low as $0.95 before recovering to $0.99. Several other stablecoins are trading above their $1 target, while... Read more »

Cardano and Polygon at Risk of Freefall

Key Takeaways Cardano and Polygon have dropped by more than 4% over the past 36 hours.  Further selling pressure would increase the risk for the two assets to drop another 50%. ADA... Read more »

“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 »

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 »

TRON Promises “Financial Freedom” With Stablecoin Launch

Key Takeaways USDD has launched on TRON, BNB Chain, and Ethereum. The team behind the stablecoin has promised “zero-risk” returns of about 30% APY, and users currently need to engage in “mining”... Read more »

Fantom Looks Oversold While Buy Signals Appear

Key Takeaways Fantom has retraced by more than 27% since May 5.  FTM has now reached a vital support level. A spike in buying pressure could push the asset to $0.80 or... Read more »