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Altcoins
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However, a technical glitch on Crypto.com’s mobile application allowed users to…
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Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the community.In a Friday news release,…
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Analysts say Ether price must hold this key level to avoid a capitulation-like move
The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across the ecosystem.While the coverage for UST and its impact on Bitcoin (BTC) have been…
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Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST stays under $0.60Data from…
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VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1
The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.VeChain (VET) is a blockchain project designed to…
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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 fine art, starting with Belgian painter James Ensor's (1860–1949)…
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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 correlation with United States equity markets has resulted in its price…
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Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC?
Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months. Pullback risks aheadANC's price rebounded by a little over 42.50% between May 1 and May 6, reaching $2.26, its highest…
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NFT market well-positioned to grow 35% into a $13.6B industry by 2027
Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.For the next five years, the key…
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Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg…
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