Cryptocurrencies

‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag

Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD 1-hour candle

Cryptocurrencies

Terra peg mechanism in doubt as UST crashes to 67 cents

The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and

Cryptocurrencies

Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece

According to blockchain digitization provider Tokeny, on Monday, the Royal Museum of Fine Arts Antwerp (KMSKA) became the first European museum to tokenize investment in

Cryptocurrencies

Compound Treasury receives B- credit rating from S&P Global Ratings

On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by

Cryptocurrencies

Over 20 investment funds hold Dash, and 40 more plan to add it: Report

Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The

Cryptocurrencies

SHIB price eyes 30% drop with Shiba Inu’s massive triangle breakdown underway

Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB’s returns were 50% below

Cryptocurrencies

Deribit and OKX attract significant traffic from China despite a blanket ban: report

Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on

Cryptocurrencies

Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero (XMR) has shown a surprising resilience against the Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including

Cryptocurrencies

Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA

The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close

Cryptocurrencies

LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST). The LUNA/USD pair dropped 20% between May 7 and May