Crypto.com’s Ups and Downs Highlight Importance of Security

 Crypto.com has been at the center of the media spotlight since its creation in June 2016. Among other things, the company has:  Burned through approximately 70 billion CRO in circulation before launching the mainnet Crypto.org chain in March 2021 Launched the sidechain Cronos Bought the 20-year naming rights to the NBA Lakers’ home arena for…

Bitcoin’s slides back at $38k, but funds keep moving out of exchanges

As the war in Ukraine moves into its third week, if there still is a demand for bitcoin (BTC) and other cryptocurrencies in the Russian and Ukrainian markets, to try to escape sanctions or as an escape route for people to safeguard their funds, this does not seem to have reflections on market prices of…

Gold outperforms Bitcoin as a store of value as BTC drops below $40K

As the weekend began, BTC gave up the double-digit gains from earlier in the week to drop below a critical psychological marker of $40k. Data from Santitment charts the contest between BTC and old as the premier store of value as the world continues to experience uncertainty. 📉 As the week comes to a close,…

Crypto prices fall amid fears of Nuclear disaster in Europe

Europe is waking up to the news that there has been an attack involving nuclear materials in Ukraine. Europe’s largest nuclear power plant, Zaporizhzhia, was shelled by Russian forces, with reports surfacing around 1 am GMT. Footage of the blaze was captured via Livestream and showed fires breaking out outside of the main facility. The…

Total amount of Luna tokens staked down 62% from ATH even amid massive price rally

Terra has recently made many headlines due to its meteoric gains. Unfortunately, this can occasionally lead to confirmation bias in how we view the stats behind our most beloved crypto assets. If you’ve been reading around the cryptosphere this week, you will be forgiven for believing that Terra is now the second-largest asset by staking…

Bitcoin’s flat while attention’s on Ukraine, away from the Fed, inflation

All eyes are on the war in Ukraine, including those of crypto traders, and for obvious reasons, of course. Crypto’s volatility over the past week has been expected while many are trying to figure out how to adjust to the geopolitical situation. It’s safe to assume that some of the buying pressure is coming from…

Here’s why Terra (LUNA) recorded a 78% gain in February

Terra (LUNA) was one of the best-performing assets in February. This was when the crypto market witnessed one of its most volatile periods as the political tensions in Ukraine and Canada negatively affected the industry. Terra rose by 78% in February According to available data from CryptoSlate, Terra’s value rose by around 78% during the…

Terra (LUNA) gains 70% in 7 days, overtaking Cardano and Solana by market cap

While the crypto market remains highly volatile amid the ongoing armed conflict between Russia and Ukraine, Terra (LUNA) swiftly moved against the crowd and surged by more than 70% over the past seven days. At press time, LUNA was trading at $85.83, up 15.3% on the day, according to CryptoSlate data. On the weekly chart,…

Bitcoin hits $41k as Russian ruble plummets in value

As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously upwards, bitcoin has once again spiked and is trading above $41,000. The correlation to traditional markets seems broken, at least for the moment….

LUNA rallies, Bitcoin jumps above $39k as war in Ukraine continues

Some days make it difficult to find joy, even as crypto markets are rallying. Nevertheless, the losses made since the outbreak of the tragic war between Russia and Ukraine have largely recovered and markets are generally in the green on the daily. As many times before, bitcoin leads the way by the share weight of…