Key Takeaways USDD has launched on TRON, BNB Chain, and Ethereum. The team behind the stablecoin has promised “zero-risk” returns of about 30% APY, and users currently need to engage in “mining”... Read more »
Key Takeaways Solana is up by more than 40% from the $36.20 low hit on May 12. Still, the token appears to be locked in a consolidation pattern. An hourly close outside... Read more »
Key Takeaways Bitcoin’s market cap dominance is holding above 45% for the first time since October 2021. The top crypto’s dominance over the market has surged since Terra’s implosion last week. Bitcoin... Read more »
Key Takeaways Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed the company... Read more »
Key Takeaways Ethereum looks weak around the current price levels as trading volumes decreases. Although Ethereum is expected to complete “the Merge” to Proof-of-Stake this year, market sentiment is at a low.... Read more »
Key Takeaways Following Terra’s UST collapse, Tether’s USDT market cap has dropped by over $9 billion. The recent redemptions of USDT for dollars have led some to once again question the collateral... Read more »
Key Takeaways The crypto market has lost over $1.7 trillion of value in the last seven months. Terra’s recent death spiral has had an impact on market sentiment. Another downswing is possible... Read more »
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... Read more »
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... Read more »
Key Takeaways Terra collapsed in dramatic fashion this week after its UST stablecoin lost its peg to the dollar, sending LUNA into a death spiral. Many of the top venture capital firms... Read more »