Market News – Page 21 – WORLD CRYPTO BUSINESS

“Ethereum Killers” Underwater Against Ethereum

[ad_1] Key Takeaways Little has been spared in the market dip over the past few months. However, alternative Layer 1 smart contract platforms have fared particularly poorly against Ethereum. Despite its problems... Read more »

Crypto Market Rebounds With More Pain Ahead

[ad_1] Key Takeaways Roughly $23 billion worth of value has been wiped out of the cryptocurrency industry in the past 24 hours.  The top two crypto assets, Bitcoin and Ethereum, both erased... Read more »

TRON Promises “Financial Freedom” With Stablecoin Launch

[ad_1] Key Takeaways USDD has launched on TRON, BNB Chain, and Ethereum. The team behind the stablecoin has promised “zero-risk” returns of about 30% APY, and users currently need to engage in... Read more »

Fantom Looks Oversold While Buy Signals Appear

[ad_1] Key Takeaways Fantom has retraced by more than 27% since May 5.  FTM has now reached a vital support level. A spike in buying pressure could push the asset to $0.80... Read more »

Terra Ecosystem Faces Pressure as Stablecoin Depegs

[ad_1] Key Takeaways Terra’s UST lost its peg to the U.S. dollar again this weekend, dipping as low as $0.985. The depeg event came after a series of multi-million dollar UST selloffs.... Read more »

Bitcoin and Ethereum Are at Risk of Capitulation

[ad_1] Key Takeaways Bitcoin and Ethereum have dipped by more than 15% over the past four days. Bitcoin could dive to $28,060 if it breaches the $32,850 support level. Ethereum must hold... Read more »

DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined

[ad_1] Key Takeaways Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain... Read more »

GameFi and Metaverse Tokens Hit Hardest Amid Market Downturn 

[ad_1] Key Takeaways Several gaming and Metaverse tokens have suffered significant losses Friday. Move-to-earn gaming lifestyle app STEPN has seen its GMT token plummet 27%. Axie Infinity and ApeCoin have also registered... Read more »

Latest OpenSea Attack Sees Hacker Infiltrate Discord

[ad_1] Key Takeaways OpenSea confirmed a vulnerability in its Discord Server Friday morning. A hacker directed users to mint fake “YouTube Genesis Mint Passes” from a phishing link.  On-chain data shows that... Read more »

Terra Faces Danger Despite LFG’s Bitcoin Accumulation

[ad_1] Key Takeaways Terra has plummeted over the past 24 hours amid growing macroeconomic uncertainty. LUNA was affected in the latest market downturn despite the Luna Foundation Guard announcing a $1.5 billion... Read more »