The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC), with UST removed from the new chain. Terra should fork to create a new chain to save it from total collapse, […]
Kusama (KSM) has broken down from a long-term horizontal support level and is currently attempting to find a suitable level for a bottom. Kusama (KSM) Bounces By 35% Since May 12 Lows | Coin Of […]
Key Takeaways Decentraland has risen by more than 128% since May 12. Meanwhile, SandBox saw its price increase by 60%. MANA and SAND remain on shaky grounds despite the recent gains. Share this article Decentraland […]
In an appearance on CNBC’s ‘Power Lunch,’ Lou Kerner of Blockchain Coinvestors compared the U.S. Dollar to the failed stablecoin UST. The crypto VC categorized both currencies as “unbacked things” which in the long term […]
Key Takeaways Bitcoin has lost more than 43,600 points over the past seven months. The top cryptocurrency now hovers around $30,000 while threatening to dip lower. Technical indicators suggest market bottom could be found between […]
Luna Foundation Guard, an organization that supports the Terra ecosystem, has confirmed through an announcement that they sold 80,081 bitcoin and other holding tokens to prevent the crash on May 8 and May 10. The […]
Ethereum co-founder Vitalik Buterin has tweeted his support for a proposal suggesting Terraform Labs reimburses smaller wallet holders for their losses following the recent crash. As the dust settles on the Terra (UST) depegging disaster that shook the broader crypto […]
After creating a bullish pattern, the Bitcoin Dominance Rate (BTCD) has broken out from a nearly yearlong descending resistance line. On Jan 2022, BTCD bounced at the 40% long-term support area for the third time […]
Binance CEO Changpeng ‘CZ’ Zhao says the leading cryptocurrency is ready to support Terraform Labs and its community’s rise from the ‘ashes’. However, he expects the team behind the LUNA and UST tokens to offer […]
The founder of FTX has taken a swipe at Bitcoin (BTC) over its inefficiency in settling transactions and has thrown his weight behind the proof-of-stake (PoS) consensus mechanism. Sam Bankman-Fried, CEO of FTX, a cryptocurrency […]
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