KuCoin announces $150 million pre-Series B funding raise. The raise values the global crypto exchange at $10 billion. KuCoin will use the funds to build
Month: May 2022
UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO
The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively de-pegged from the $1 peg even as the broader crypto market
Bitcoin’s sell-off is a massive buying opportunity, says Chamber of Digital Commerce CEO
Bitcoin price fell sharply on Monday to break below $30,000 and register its lowest level since July 2021. As the sell-off in the crypto market
Terra continues to plummet, down 73% today: time to buy the dip?
After its stablecoin lost its currency peg to the USD, Terra entered a downward spiral. The tendency continues today, even more prominently than yesterday, when
Maker is one of the few winners, will it rally? Top places to buy Maker
Against the backdrop of all-pervasive market gloom, Maker DAO’s MKR token is a ray of hope. Its global traffic is consistently increasing, with most of
Highlights May 11: Bitcoin loses over 20% in a week, LEO only gainer
The crypto market as a whole continues to suffer with most top 100 coins in the red at the time of writing. Top cryptos Bitcoin
Ethereum (ETH) falls below $2500 – What to expect next
Ethereum (ETH) is now on a full downtrend. The coin has breached several crucial support zones and fell below $2500 for the first time in
Bitcoin falls below $32K as on-chain data suggests more pain likely
Bitcoin slipped below $32,000 on Monday and is dangerously close to breaking the $32.5k level amid a major sell-off across cryptocurrencies and stocks. With the
Luna: Why I sold my UST for 95 cents on the dollar today
I ate a healthy dose of humble pie today, so maybe this article can serve as a form of therapy. I’m talking about Terra, its
Highlights May 10: Crypto market crashes, Terra down 50%
Crypto futures racked up more than $1 billion in liquidations in the past 24 hours amid major cryptos losing key support levels and weak market