Key Takeaways Roughly $23 billion worth of value has been wiped out of the cryptocurrency industry in the past 24 hours. The top two crypto assets, Bitcoin and Ethereum, both erased double-digits... Read more »
Key Takeaways Sales of four-digit ENS domains have skyrocketed as collectors rush to own one of only 10,000 possible combinations. The current number mania has resulted in ENS domain sales hitting their... Read more »
Key Takeaways KSM, the native token of the Kusama network, surged 13.5% Monday. 1.1 million KSM tokens locked up from the network’s first five parachain auctions have been returned to holders. Despite... Read more »
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 »
