Terraform Labs (TFL), the company behind the collapsed TerraUSD and LUNA tokens, is getting ready to shut down its operations. A recent court order has given them permission to take some important steps before they disappear. Reopening the Shuttle Bridge and Burning LUNA TFL is allowed to reopen the Shuttle bridge, which lets users transfer…
The German government recently sold off a huge chunk of its Bitcoin holdings, worth about $3 billion. This move has sparked controversy, with many people criticizing the decision. A Controversial Sell-Off The German government claimed the sale was an “emergency” measure related to a criminal investigation. However, the timing of the sale, which coincided with…
Shiba Inu (SHIB) has been lagging behind lately, even though Bitcoin and the broader crypto market are showing signs of recovery. What’s going on? Let’s break it down. The WazirX Hack: A Major Blow to SHIB Earlier this week, WazirX, a popular Indian crypto exchange, was hit by a massive hack, losing around $235 million….
Despite the recent approval of Spot Ethereum ETFs, which are expected to launch next week, Ethereum derivatives volume hasn’t seen a significant jump. This suggests that investors aren’t overly confident about a major price surge for ETH. Low Confidence in ETH’s Price Data shows that Ethereum futures contracts are currently trading at a premium of…
A well-known economist is predicting a major shift in Bitcoin’s price trend, and it’s good news for investors. Alex Krüger, who’s known for his insights on the crypto market, says Bitcoin’s recent climb back above $60,000 is a sign of things to come. Krüger’s Bullish Outlook Krüger believes that Bitcoin’s recent dip to the $50,000…
A popular crypto analyst, known as Bluntz, is predicting big things for NEAR Protocol, a top-20 cryptocurrency. Bluntz, who has a large following on social media, believes NEAR is poised for a significant price surge. NEAR’s Breakout Potential Bluntz sees a bullish pattern in NEAR’s chart, suggesting it’s ready to break out of a long-term…
A popular crypto analyst is predicting good things for both an altcoin and Bitcoin. Mantra (OM) Ready to Fly Higher The analyst, Michaël van de Poppe, believes that Mantra (OM), a decentralized finance ecosystem, is set for more gains after a massive 2,800% increase in value this year. He’s particularly excited about Mantra’s recent $500…
Bitcoin is in a crucial moment, according to popular analyst Benjamin Cowen. He believes the cryptocurrency could be poised for a big rally if it manages to break above a specific technical indicator. Bitcoin Needs to Break Through a Key Level Cowen, who has over 800,000 subscribers on YouTube, is looking at the 20-week moving…
Bitcoin’s Downward Spiral Might Be Over A well-known crypto analyst, known as “Rekt Capital” on X (formerly Twitter), thinks Bitcoin’s long slump is finally over. He believes the world’s biggest cryptocurrency is getting ready for a strong comeback. A New Uptrend? Rekt Capital shared a chart showing Bitcoin’s price movements in 2024, and he’s predicting…
Ryan Selkis, the big boss of the crypto company Messari, has quit his job. This comes after he posted some really controversial stuff on social media. Selkis’s Controversial Posts Selkis got into trouble for making some pretty heated statements online. He said things like, “I hate leftists” and “Anyone that votes against Trump can die…
