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Bitcoin, the largest cryptocurrency based on market capitalization, has climbed by 5% in the last 24 hours. Bitcoin slightly climbed to $32,000 as the market continues to recover from the crash of LUNA, Terra’s native coin and UST, Terra’s stablecoin. At the time of writing, Bitcoin currently
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The recent crash of LUNA, the native token of the Terra ecosystem, as well as its stablecoin, USDT, has triggered several reactions in the cryptocurrency industry. As for Charles Hoskinson, it indicates the need to take things slow with blockchain and crypto development. Hoskinson who spoke with CoinDesk said that
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Chainabuse, a crypto scam reporting company, has been launched after several crypto firms came together to form the multichain platform. The founding members include Binance.us, TRM Labs, Circle, Hedera, Civic, Solana Foundation and the Aaves communities. According to an announcement, the platform is operated by TRM Labs, a blockchain
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Cosmos (ATOM), the native token of the eponymous blockchain network has gained 12% in the last 24 hours. At the time of writing, ATOM currently trades at $11.430. The 27th largest cryptocurrency based on market capitalization is still trading 74% down from its September 2021 all time high, ATOM/
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Bitcoin, the largest cryptocurrency based on market capitalization, has recovered slightly after gaining over 9% in the last 24 hours. The past week saw Bitcoin have a 5-day straight fall to as low as $24k. However, its price climbed to $30k in the early hours of Thursday and at the
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Tether (USDT) slightly lost its dollar peg in the early hours of Thursday, snapping to 97 cents and back to 98 cents. This development came as Bitcoin, the largest cryptocurrency exchange based on market circulation, briefly lost its $27k support level and tanked to $25,400. Despite Tether’s CTO,
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Bitcoin, the largest cryptocurrency by market capitalization, has hit a three-month low. At the time of writing, BTC trades at $33,596, down by 2.29% in the last 24 hours and 13.62% in the last seven days. This development comes days after analysts reported bearish movements on the
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The Bitcoin accounts of over 100,000 traders have been liquidated after the largest cryptocurrency based on market capitalization tanked below $36,000 in the Asian early hours. This development comes just a day after the US Federal Reserve revealed in its new policy that interest rates will be increased
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Have you ever bought some cryptocurrencies, Bitcoin for instance, and then a few hours later, the price either climbs by several points or slips low by some figures? Well, it isn’t strange; it depicts volatility - how large the price of an asset can swing from the mean price.
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Insider Intelligence, a research firm has predicted that the number of American adults using cryptocurrency to pay for goods and services will increase to 3.6 million in 2022. According to the published report, the uniqueness of virtual assets as a means of payment is estimated to hit 70% and
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Even though the majority of the cryptocurrency market remained bearish during the week, XRP emerged one of the top gainers. XRP had traded at a low of $0.71 at the beginning of the week before gaining as much as 9%, rallying to $0.7937 during the intraday trading. Ripple’
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There are currently fears that Bitcoin may slip below $40,000 as institutional traders, otherwise known as whales, have continued to syphon more of the coins from exchanges. At the time of writing, Bitcoin is trading at $40,468. BTC/USD 24 hour trading chart (Source: Trading view) Commenting on