Ether plunges 13% while Bitcoin pushes BTC dominance to 2022 high — more pain ahead?
[ad_1] Ethereum’s native token Ether (ETH) plunged to its lowest level in almost two months against Bitcoin (BTC) as a crypto market sell-off intensified on May 12.Macro...
UST’s crisis is destructive
[ad_1] Terra’s stablecoin has lost its peg to the dollar and is trading around 5 cents at the moment. The Block’s editor Frank Chaparro has...
Sun: Tron will have ‘no problem repelling speculation’
[ad_1] The capitalization of USDD, the stablecoin on the Tron (TRX) blockchain, is “only” $270 mln according to Justin Sun. He added that Tron would...
Leaked report: South Korea to establish crypto framework by 2024
[ad_1] The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a...
Bitcoin ‘kisses’ $24K realized price after 2nd highest seller losses in history
[ad_1] Bitcoin (BTC) bounced past $28,000 on May 12 after repeating a chart structure not seen since March 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC...
Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
[ad_1] Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart...
Terrible crypto trader gets 42 months for fraud, claiming he was a total gun
[ad_1] A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency...
Could the SEC case against Ripple falter over a conflict of interest?
[ad_1] Newly discovered documents could pose a major roadblock for the Securities and Exchange Commission (SEC) in its case against Ripple if they prove a...
Michael Saylor welcomes FASB vote to review crypto accounting standards
[ad_1] Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rules for digital assets...
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
[ad_1] The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on May 11...