Authorities Need To Prioritize Crypto Regulation And Education – IMF Chair

Earlier this month, the Terra network crash resulted in an intense sell-off in the crypto market. Analysts estimate that the crypto market cap dipped by nearly $500B following the crash. All digital assets are still well off their ATHs. The Leading digital asset, BTC, continues to trade at sub-$30K levels. After the network crash, the … Read more

Polkadot (DOT) Hovers Below $11; When Will It Hit $14?

Polkadot has traded at this current value area for some time. Consistent declines by the top market moves had most alternative tokens near their closest support floors and beneath immediate resistance zones. Indeed, the latest conditions in the marketplace have been harsh for crypto investors. Polkadot experienced a swift decline in buying momentum due to … Read more

Bitcoin (BTC) About to Complete 8 Successive Weeks in Red – Market Outlook

Bitcoin trades on the edge of closing another week in the red. That would translate to stretching the pessimistic action to two months. Though challenging the $30K mark several times, Bitcoin seems weak to overcome the area as it spends more time beneath the crucial zone. The previous 24 hours saw bullish reactions within the … Read more

Amidst De-Pegging Issues, Tether Allays Fears Of A Possible USDT Crash

The largest stablecoin lost its USD peg last week, which resulted in many holders converting their USDT holdings to other stablecoins or fiat. The USDT de-pegging also created intense selling pressure in the wider crypto market. Tether Holdings Ease Fears Of Usdt Holders A part of the latest quarterly report by Tether holdings was dedicated … Read more

Polkadot (DOT) Signals ‘Weak Hands Holding,’ Bears Eye $4

  Polkadot price experiences a steep fall.  The altcoin breached the buyer’s region on DOT’s TSI. Polkadot should climb past $14.25 to invalidate this bearish bias.  Polkadot (DOT) appears weaker than most cryptos in the marketplace. For now, it may be a no home for traders. Interested individuals should give the token more time to … Read more

Cosmos (ATOM): Should You Take a Short Position?

Cosmos (ATOM) bears joined the space to ensure consistent pressure since the alt touched its ATH on January 7. Gradual downside moves beneath the multi-month trend-line resistance gave sellers the needed momentum to trigger trend-shifting reversals. For now, ATOM hovers at a tricky level. The 23.6% FIB resistance might reshape the short-term trend trajectory. While … Read more

How Polygon (MATIC) Benefits from Terra’s $30B DeFi Loss

Terra’s recent collapse forced it to eliminate several applications. For instance, the blockchains hat to remove Anchor, which was the chain’s leading DeFi network at some point. Meanwhile, the protocol is worth pretty nothing for now. As these protocols proved valuable use cases, different chains, including Polygon, are chasing the platforms like vultures. Polygon Eyes … Read more

Ripple (XRP/USD) Ready to Break Past $0.5 Resistance – Price Analysis

XRP price paints a bullish picture today. XRP/USD has resistance around $0.5. Overnight sessions saw bullish momentum. Ripple price outlook shows XRP kick-started new upswings after discovering support at $0.4550. For now, the altcoin trades well beyond the resistance of $0.4850 and 100 SMA. Also, XRP/USD 1hr chart shows a break past a massive bearish … Read more

DEUS Finance’s Stablecoin Sheds Nearly 30% Off Its Dollar Peg

The latest Coinmarketcap data shows that DEUS finance’s stablecoin, the DEI, has lost its dollar peg. After losing its dollar peg and dipping to a new low of $0.55 during the Monday morning session, the price of the algorithmic stablecoin has made some slight gains and currently trades at $0.66 following. While DEUS finance’s stablecoin … Read more

Bitcoin (BTC) Stays Beneath $30K amid Regulatory Concerns

The broad market and Bitcoin see early pressure with increased regulatory scrutiny threatening market players’ appetite following roller-coaster events over the past week. Sunday sessions saw BTC on a 3rd successive day of gains, ending the week with an 8% loss. Bitcoin witnessed a 7th sequential week of red. While the space recovered from the … Read more