Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on May 12. As the…
Ripple price analysis: XRP retraces to $0.46, ready to drop further overnight?
Ripple price analysis is bearish today as we have seen a strong lower high set at $0.46 and a steady pivot lower overnight. Therefore, we expect XRP/USD to drop even…
Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support
Singapore-based exchange giant Crypto.com is adding two small-cap altcoins to its roster amid a market-wide slump. First up is Lido DAO (LDO), the governance token of decentralized staking platform… ]…
Bitcoin Cash Analysis: Recovery Faces Hurdle Near $225
Bitcoin cash price started a fresh decline from the $250 resistance against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average…
Analysts say Ethereum price must hold this key level to avoid a capitulation-level move
The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage…
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the……
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s…
EOS Price Analysis: More Losses Possible Below $1.20
EOS price started a fresh decline from the $1.80 resistance against the US Dollar. The price is now trading below $1.5 and the 55 simple moving average (4-hours). There is…
Litecoin (LTC) Price Analysis: Bears Aim Test of $50
Litecoin started a fresh decline from the $85 resistance against the US Dollar. LTC price is now trading below $75 and the 55 simple moving average (4-hours). There is a…
Ripple price analysis: XRP decline deepens as price drops below $0.40 support
Ripple price analysis continues to show significantly bearish signs as the current trend falls more than 19 percent over the past 24 hours. XRP price has been in free fall…