Beleaguered blockchain platform Terra on Monday said it has launched a new Governance Alert Bot that will alert the community about all the latest governance activities related to Terra. Meanwhile, LUNA and LUNC prices have jumped higher amid the ongoing developments related to Terra and Terra Classic.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Over the last four days, Avalanche [AVAX] expedited its bearish volatile break after an expected breakdown from its pennant. The two-week trendline resistance (white, dashed) served as a reliable reversal trigger for the sellers. Now that AVAX lost the vital $19.7 baseline, the subsequent breakdown over the past day has entailed high selling volumes. At press time, AVAX was trading at...
Brad Garlinghouse, Ripple CEO came out to refute the allegations made by Crypto leaks, a whistleblower. It is being reported that Garlinghouse invested in Kyle Roche in order to tackle SEC lawsuit outcomes.
It’s been a long stretch without a major talent signing in the crypto sponsorship space. We’ve finally seen some movement in that territory this past week, while Crypto.com Arena in Los Angeles is slated for some renovations, and Australia is mulling over crypto betting regulations. We look to get your week started on a good foot – with our weekly review, The Sports Slice.
Regulators in Singapore are tightening their grip over crypto trading activities in the country. On Monday, August 29, the chief of Singapore’s central bank said that the city is considering new measures to make crypto trading even more difficult for retail investors. In a seminar on Monday, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said: “Adding frictions on retail access to cryptocurrencies is an area we are contemplating. “These may include customer suitability tests and restricting...
In what is the latest market update, LINK’s circulation supply has hiked from 470,099,970 to 491,599,970. This news has fueled quite a few speculations among many in the crypto-community, with some perceiving this to be a bearish sign. However, there is more to this development than meets the eye. One of the reasons cited for the huge influx of supply has been the deployment of additional resources for achieving long-term growth of the Chainlink Network. The additional supply is expected to...
DOT, which is currently the world’s 11th largest crypto in terms of market cap, registered a sluggish performance last week. In fact, it fell by negative 5% over the last 7 days. At press time, DOT was trading at $7.06 with a market capitalization of $7,829,624,527. However, DOT developers recently pushed an update to the network, one that brought performance enhancements. Ideally, these might help the altcoin gain upward momentum on the charts soon.
John Wu, President of blockchain startup Ava Labs — which develops the software for the Avalanche ($AVAX) blockchain — recently shared his thoughts about the crypto market. Wu’s comments were made on Friday (August 26) during a conversation with Bloomberg TV’s Emily Chang and Sonali Basak. According to a report by The...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Following its All Time High (ATH) at the end of April this year, ApeCoin [APE] relatively fell flat on investor expectations. The subsequent decline has kept the alt below the constraints of the $7.3 ceiling for over three months now. The recent bearish pattern breakout evoked a streak of red candles. The price action now approached its immediate demand zone in...
Published 20 mins ago EOS price analysis indicates a downside momentum for the day. The price is crawling in a very narrow trading range with a mild negative bias. We expect the price to make a swift recovery from the current levels. As the price corrected nearly from its swing highs, this might be a bargain buying opportunity for the new entrants. EOS price trades lower for the fifth straight session. A reversal is expected as the price took a breather...
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