After the UST de-peg, which occurred on May 9th, LUNA and UST prices continued to drop, hitting new all-time lows day after day. While several influencers are urging investors to purchase LUNA at such low prices, the truth is that investor confidence in the cryptocurrency is lost, and users need to cut their losses and...Read More
After bottoming out at $0.00002835 on May 13th, LUNA Price is pumping significantly today, peaking at $0.0007685, erasing a zero and increasing by over $1700% in the past 24 hours. The cryptocurrency is still down over 99.9% from its high of $116 on April 3rd, but those that bought it last night are seeing significant...Read More
After a coordinated attack last week that de-pegged the TerraUSD stablecoin, LUNA was sent into freefall as more and more coins were being minted to attempt to re-stabilize UST. Unfortunately, this caused a vicious cycle that pushed LUNA’s price to worthless levels, effectively wiping out billions of dollars worth of Terra Luna value. Any investors...Read More
After resuming its blockchain several hours ago and activating the network again, Luna continues its downwards spiral, closing in on Shiba Inu prices. The cryptocurrency lost billions in market capitalization within a few days, leading to one of the biggest market collapse crypto markets have seen to date. Investors are troubled, and many declare Luna...Read More
After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users to bridge off-chain assets, such as bETH, to their native chains. The tragic turn of events causing thousands of users to lose more than 99%...Read More
There’s no doubt that the current market situation is terrifying. Altcoins saw significant sell-offs this week, and Bitcoin hit a new low last night of $26.6k. The stock market continues its bearish momentum today as investors worry about inflation. With the recent rebound from its low, is the Bitcoin price in recovery? Is it a...Read More
After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those traders that attempted to buy the dip when LUNA dipped below $1 if they haven’t sold off...Read More
Even with Bitcoin’s price destabilization over the past week, most of the attention is on the abysmal price performance of Terra Luna, which is down 93%, and UST, whose price is supposed to stay pegged to USD but currently trading at 70% below at $0.3. The founder of Terra Luna, Do Kwon, released a series...Read More
With the recent crypto bloodbath, most cryptocurrencies are down roughly 20% this week. However, Terra Luna has been down over 78% in the past seven days, and its stablecoin TerraUSD (UST) is down over 19%, currently trading at $0.80. This article looks at what’s going on with Terra Luna and why UST cannot maintain its...Read More
One of the most common questions about Bitcoin’s price is whether or not this is the bottom for cryptocurrency and if this is a good time to buy the dip. According to Wall Street analysts, the Cboe Volatility Index (VIX) fear gauge signals that the bottom may not be so near. Since Bitcoin has been...Read More
After the Fed raised interest rates to unprecedented levels last week, the stock and crypto markets experienced significant losses. This week, Bitcoin, Ethereum, XRP, Solana, and other major cryptocurrencies showed double-digit percent price losses. However, after bottoming out at $29k on May 9th, Bitcoin shows signs of life as the cryptocurrency is currently trading above...Read More
With the recent cryptocurrency market crash, where the price of most major coins like Bitcoin, Ethereum, BNB, XRP, and Solana has been down between 12-18% in the past week, is this the ultimate buying opportunity for those brave enough to buy the dip? Let’s look at why the price is crashing and whether this could...Read More
Cryptocurrency markets have been full of volatility and uncertainty in recent weeks. With Bitcoin prices falling sharply last week, most other cryptocurrencies followed suit by showing double-digit percent price losses in a matter of days. Ethereum is down 10.48% in the past seven days, XRP is down 7%, and ApeCoin is down a massive 35%....Read More
After a sharp decline in price last week, Bitcoin, Ethereum, BNB, XRP, Solana, Avalanche, and most other cryptocurrencies are showing additional bearish momentum this Sunday. With the current state of the market, is it a good idea to buy the dip, or should traders wait longer before deciding to take advantage of the situation? Bitcoin,...Read More
With the cryptocurrency markets currently in a bearish period, one investment strategy discussed heavily is Dollar Cost Averaging (DCA). For those new to investing/trading, a common question might be what is Dollar-Cost Averaging exactly, and how do I use it for crypto investments? This article will explain what Dollar-Cost Averaging is and how you can...Read More
Cryptocurrency markets experienced a significant crash last week when the Fed announced increased interest rates, sending the stock and crypto markets into free fall. This weekend, Bitcoin and other major cryptocurrencies like Ethereum, XRP, Solana, and Avalanche manage to hold support relatively well, most likely because the stock market doesn’t trade on the weekends. For...Read More
With the recent cryptocurrency market correction sending Bitcoin, Ethereum, XRP, Solana, Avalanche, and most major crypto assets into free fall, many traders wonder when the cryptocurrency price will recover? While it’s still too early to tell, let’s take a closer look at the current market situation and potential outcomes for the short term. What’s Causing...Read More
Cryptocurrency markets are showing a significant price decline today as Bitcoin has dropped by over 5% in the past 24 hours. Most other cryptocurrencies followed BTC’s trajectory, with Ethereum diving by 3.8%, XRP down 2.33%, and Solana down 4.38%. What’s causing the sharp sell-off? Let’s look at any relevant news that might be causing the...Read More
Today, cryptocurrency markets continue to trade sideways, with Bitcoin and Ethereum managing to hold support. Sideways markets are great for newly released coins as they provide them with stability to experience significant price growth. Today we look at a recently released Metaverse crypto coin gaining over 618% in the past 24 hours. Let’s look at...Read More
Mines of Dalarnia Price is up over 24% today, making the Metaverse crypto coin the top Metaverse project gaining the most price on CoinMarketCap. DAR has been on a bullish trajectory all week, rising by over 47% in the past seven days. Let’s look at Mines of Dalarnia and its token DAR and see why...Read More
After an impressive rally last week, ApeCoin’s price is down more than 50% in the past four days, triggered mainly by the problematic Otherside Metaverse land sale, which essentially broke Ethereum’s blockchain and caused gas fees to surge to new record highs. Currently trading at $14, is it worth buying the dip for ApeCoin? Let’s...Read More
The Otherside Metaverse land sale happened earlier today and sold out within minutes, selling over $200 million in virtual real estate in ApeCoin’s upcoming Metaverse. Each plot of land cost 305 APE, roughly $5k at writing. Unfortunately, due to the high user on-chain activity during the land sale, users experienced unexpected gas fees upwards of...Read More
Metahero’s price is up over 16%, making it one of the top Metaverse crypto coins gaining the most price today, according to CoinMarketCap. Metahero is building an ultra-realistic Metaverse that will enable users to scan themselves and other real-world objects into the digital realm. Last week, the team announced HERO staking on the Kanga Exchange,...Read More
ApeCoin has been one of the top performers this week, rising by over 30% this week and setting a new all-time high of $27. However, today the ApeCoin price dropped significantly by over 15%, only four days after the $1 million BAYC NFT hack, where a thief exploited Instagram to gain access to the Bored...Read More
Move-to-earn Crypto Coins are the new hype, following Metaverse, NFT, and play-to-earn projects. There are over a dozen move-to-earn tokens, each featuring a unique take on the new concept, rewarding users for various activities like jogging, walking, dancing, and more. Today we look at the top three move-to-earn crypto coins gaining the most price this...Read More
The official Twitter account for the Teenage Mutant Ninja Turtles announced a whitelist for their upcoming NFT collection today. As one of the most iconic shows, the Ninja Turtles NFT will undoubtedly be one of the hottest collections this year. For a chance to be added to the whitelist, users must retweet the official tweet,...Read More
Everdome has taken a snapshot of the addresses of DOME tokens HODLers. 9,999 of them will qualify to receive a free Genesis NFT. 📷 The Genesis NFT snapshot has been taken. With this snapshot, 9,999 DOME holders have been given the opportunity to claim founding keys to Everdome.🚀 👉 https://t.co/pXmw7zHFHk Details on when/how to claim...Read More
With the decline in activity in the bitcoin derivatives market, there is a formation of constructive medium- and long-term trends. These are the conclusions made by analysts of Glassnode. Over the past 12 months, trading volume, implied volatility, and spreads over the spot market have fallen to historic lows. This was facilitated by the price...Read More
ApeCoin price continues its rally after today’s Twitter Space, where members of the ApeCoin community and DAO discussed a proposal on staking mechanics for the token. Two new proposals were submitted by the ApeCoin community, suggesting a staking process and an allocation of the ecosystem fund for staking pools. Let’s look at the proposals and...Read More
One of the top-performing metaverse tokens, ApeCoin’s price has been quite impressive over the past few hours following a nice bounce above the $10 price level this week. Let’s look at today’s ApeCoin price analysis and see what the Metaverse coin has in store for us. This increase has put the BAYC’s native token at...Read More
