Crypto Market Continues Freefall as Bitcoin, Ethereum Tank

Key Takeaways The cryptocurrency market has experienced a sharp decline today. Bitcoin, Ethereum, and many other assets are trading deep in the red amid macroeconomic uncertainty and the ongoing Terra crisis. The... Read more »

Uncertainty Looms Despite Bitcoin, Ethereum Rebound

Key Takeaways Bitcoin has seen its price rebound by nearly 17% in the past 24 hours. Likewise, Ethereum reclaimed $2,000 as support after going as low as $1,700.  Nevertheless, BTC and ETH... Read more »

Terraform Labs Shares “Emergency” Plans as LUNA Breaks Below Five Cents

Share this article Terraform Labs has endorsed a plan to accelerate the UST burn rate in an attempt to save Terra from collapsing.  Terra Aims to Avoid Collapse  Terra is still in... Read more »

Cardano and Polygon at Risk of Freefall

Key Takeaways Cardano and Polygon have dropped by more than 4% over the past 36 hours.  Further selling pressure would increase the risk for the two assets to drop another 50%. ADA... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has lost its peg to the dollar. USDT briefly traded as low as $0.95 before recovering to $0.99. Several other stablecoins are trading above their $1 target, while... Read more »

Solana, Avalanche Struggle as Investors Lose Confidence

Key Takeaways Solana and Avalanche have each dropped over 30% in the last 72 hours.  Both Layer 1 tokens are now testing crucial support areas and their futures look uncertain. In the... Read more »

Terra Death Spiral Hits $3 as Bailout Rumors Fade

Key Takeaways Terra’s LUNA token is down another 90% today. Efforts to restore UST’s dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community on Twitter... Read more »

“Ethereum Killers” Underwater Against Ethereum

Key Takeaways Little has been spared in the market dip over the past few months. However, alternative Layer 1 smart contract platforms have fared particularly poorly against Ethereum. Despite its problems and... Read more »

Fantom Looks Oversold While Buy Signals Appear

Key Takeaways Fantom has retraced by more than 27% since May 5.  FTM has now reached a vital support level. A spike in buying pressure could push the asset to $0.80 or... Read more »

Cronos DeFi Project MM.Finance Suffers $2M Exploit

Key Takeaways MM.Finance, the biggest decentralized exchange on Cronos, suffered a $2 million cyber attack late Wednesday. The attacker leveraged a DNS vulnerability and injected a malicious contract address on the project... Read more »