Market News – Page 29 – WORLD CRYPTO BUSINESS

Terra’s LUNA Token Looks Primed for Rebound

[ad_1] Key Takeaways LUNA’s price has rebounded by more than 10% in the past 24 hours. The technicals now suggest that further price appreciation can be expected. A spike in buying pressure... Read more »

Bitcoin Is at Risk as Support Weakens

[ad_1] Key Takeaways Bitcoin has dropped by more than 17% over the last five days.  The $37,500 level is the only support preventing further losses.   BTC must hold above support to avoid... Read more »

NFTs Soared in 2021. Now They’re Sinking

[ad_1] Key Takeaways The floor prices of many blue chip NFT projects have been declining for over 30 days straight. Bored Ape Yacht Club NFTs have fallen roughly 60% in dollar-denominated terms... Read more »

THORChain Rallies 26% Ahead of Terra Integration 

[ad_1] Share this article The cross-chain decentralized exchange THORChain has soared 26% today, pushing the network’s native RUNE token up 51% over the past seven days.  RUNE Rallies Again THORChain has rebounded... Read more »

DeFi Project Spotlight: Acala, Polkadot’s DeFi Hub

[ad_1] Key Takeaways Acala is a cross-chain interoperable Polkadot parachain that’s aiming to become crypto’s leading DeFi hub. Its ecosystem is centered around the decentralized, Maker-inspired, overcollateralized stablecoin, Acala Dollar. Acala is... Read more »

Cosmos Looks Primed for a Steep Correction

[ad_1] Key Takeaways Cosmos has risen by more than 60% over the last week. The recent uptrend appears to be approaching exhaustion. A spike in selling pressure could push ATOM to $28.... Read more »

Hackers Steal NFT Monkeys on Top Ethereum Layer 2

[ad_1] Key Takeaways Hackers have stolen hundreds of NFTs from the Arbitrum NFT marketplace Treasure. Treasure developers quickly froze trading to avoid further losses. Since the incident, many of the hackers have... Read more »

Terra’s LUNA Token Looks Bound for a Brief Correction

[ad_1] Key Takeaways LUNA’s price has risen by more than 100% in the past 10 days.  Investors could now take profits as suggested by the technicals.  A spike in selling pressure could... Read more »

Unlike Terra and Fantom, Solana and Binance DeFi Is Lagging

[ad_1] Key Takeaways The total value locked in DeFi has fallen along with the broader crypto market. BNB Chain and Solana have been particularly hard hit. In comparison, the total value locked... Read more »

Bitcoin on the Brink of a New Uptrend

[ad_1] Key Takeaways Bitcoin surged above $45,000 Wednesday. The bullish price action signals a potential trend reversal. Breaking $48,250 could send BTC towards $56,000. Share this article Bitcoin is back in the... Read more »