Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins.

FTX US applies for trust charter in New York

Crypto exchanges Coinbase and BitGo have previously received trust charters from New York’s financial regulator, allowing the firms to offer crypto custody services.

Biggest Movers:  SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday

Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over 20% during Wednesday’s trading […]

Anyone else hoping despite the red pain and blood that prices stay low until the next salary comes in?

Because seriously, so far every time a strong dip happened or a crash came along I had already spent my available fiat in the mini-dip just before. Every. Time. Now again I spent my powder like a few days ago and damn, there is always so much month left after the end of the money.…
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As long as Tether is an unknown, it is foolish to HODL

If you're a momentum trader and you like trying to cash in on the volatility, crypto has a ton of opportunity and excitement for you. ​ If you're a low sophistication investor, get the hell out of here until Tether and the other stable coins are sorted, audited, and proven. Not if, but when Tether…
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Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed Lido down to the third-largest TVL position […]

This week’s whipsaw market movements test NFT traders’ resolve — What’s next?

NFT prices take a hit alongside the sharp correction in the crypto market and only time will tell whether the current downturn was a buying opportunity.

Seems like the great altcoin reset.

Terra is literally bringing down the major altcoins like Solana, Avalanche, Polkadot. The bloodbath looks like it’s not over and we might find these altcoins trading much lower. I wouldn’t be surprised to see Polkadot trading at $5/$6 within the next days, Solana at $40 and Avalanche at $20. The possibilities of going back to…
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How does a decentralized system like ETH coordinate in urgent times?

I’ve been thinking about this question ever since Solana went down recently. As you may know Solana’s validators had to get in a discord chat to arrange to restart the system, which is seen by many as centralization. However some argue this is just coordination and there’s a distinction between coordination and centralization, which also…
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Next time someone tells you about “easy money” you made in crypto, tell them how you hold through this bloodbath.

When I entered cryptomarket at early 2021, everyone was talking about how easily you can make a fortune just by buying the right coin. You will be rich they said. Just hodl. But few really knew how hard can it be to hodl through a market crash. Fewer even knew the toll it will take…
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