Crypto Briefing

The U.K could become the first country to provide a legislative framework for fiat-pegged crypto assets specifically.Key Takeaways Her Majesty’s Treasury has confirmed plans to regulate...

The Luna Foundation Guard said that it had spent almost all of its Bitcoin in a failed attempt to defend UST’s peg.Key Takeaways The Luna Foundation Guard revealed Monday that it had spent...

Terra's cataclysmic collapse has left some of the space's so-called "smart money" investors holding the bag.Key Takeaways Terra collapsed in dramatic fashion this week after its UST stablecoin lost...

The Terra network is producing blocks again after two pauses. However, LUNA has fallen to almost zero cents.Key Takeaways The Terra network has restarted again. The network was briefly paused Thursday...

Bitcoin and Ethereum have reached critical areas of resistance after swift rebounds.Key TakeawaysBitcoin has seen its price rebound by nearly 17% late last week. Likewise, Ethereum reclaimed $2,000 as...

Terra validators halted the failed blockchain at a block height of 7603700.Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing...

Cardano and Polygon are in a tough spot after breaching crucial support areas.Key Takeaways Cardano and Polygon have dropped by more than 4% over the past 36 hours. Further selling pressure would...

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...

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'...

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...

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...

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...