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BTC/USD opened with a negative gap this week and every day since then has been a red one. Today, the crypto hit support near the 25625 zone, marked by the low of Dec. 29, 2020, and then, it rebounded...
It’s a bloodbath in the cryptocurrency market. Bitcoin and Ethereum have both suffered double-digit losses today, sending the rest of the market into the red.Key Takeaways The cryptocurrency...
Terraform Labs says it’s implementing measures to save Terra, but LUNA’s death spiral keeps getting worse.Terraform Labs has endorsed a plan to accelerate the UST burn rate to save Terra...
This article was written exclusively for Investing.comElon Musk’s pet crypto 11th leading asset in its class Cryptos move higher, lower on sentiment Low nominal prices attract speculators If...
Terraform Labs CEO Do Kwon finally resurfaced early Wednesday to announce an emergency plan to save Terra. However, that’s done little to instill confidence in the collapsing ecosystem.Key...
Solana and Avalanche are poised for even further losses amid an overall market slump.Key Takeaways Solana and Avalanche have dropped over 30% in the last 72 hours. Both Layer 1 tokens are now testing...
The latest consumer price index data shows that the U.S. annual inflation rate hit 8.3% in April.Key Takeaways Yesterday, the U.S. annual inflation rate came at 8.3%, slightly above economists'...
I’ve never witnessed anything like this. Here is “stable” coin LUNA: …..which is trashing the entire crypto market and causing BTC to break its last major support: If only...
The LUNA token has fallen 90% in the last 24 hours.Key Takeaways Terra's LUNA token is down another 90% today. Efforts to restore UST's dollar peg have severely impacted LUNA’s price. Terraform...
Decentralized stablecoin UST lost its dollar peg, dropping to as low as $0.6841. Meanwhile, its sister token, LUNA dropped by around 50%.LUNA, Terra’s governance and staking token, has plunged...
The cryptocurrency market continues to bleed as investors rush to sell their holdings in anticipation of a steeper correction.Key Takeaways Roughly $23 billion worth of value has been wiped out of the...
Bitcoin dipped below $30k earlier today and is now down over 50% from the all-time high reached in November, 2021. Apart from the fact that Bitcoin has yet to find a useful purpose outside of...
Fantom has entered oversold territory, while multiple technical indicators anticipate that a price rebound is underway.Key Takeaways Fantom has retraced by more than 27% since May 5. FTM has now...
Bitcoin took another tumble Monday following days of heightened volatility in the cryptocurrency market.Many other crypto assets have tumbled as Bitcoin struggles to hold momentum.Bitcoin Slides...
The popular stablecoin is losing value rapidly as it slips from its dollar price peg.Key Takeaways The price of TerraUSD has fallen below $0.95, an amount five cents lower than the coin's intended...