Trending in Markets

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Cryptos saw red. (Paolo Bruno/Getty Images)
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.

Cryptos saw red. (Paolo Bruno/Getty Images)
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Bitcoin 24-hour price chart (CoinDesk)
Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Traders continue to hedge against further price declines.

Traders continue to hedge against further price declines.

Bitcoin 24-hour price chart (CoinDesk)
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Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin lucha por mantener el soporte en $27K-$30K

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
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Bitcoin daily chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Struggles to Hold Support at $27K-$30K

BTC is testing an important support zone, although long-term momentum remains weak.

BTC is testing an important support zone, although long-term momentum remains weak.

Bitcoin daily chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Opinion

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.

Crypto Investing Means Staying Positive Amid Volatility

The battle to keep investors engaged and optimistic becomes harder during drawdowns.

The battle to keep investors engaged and optimistic becomes harder during drawdowns.

The Fed Raised Rates and Markets Freaked Out

After Jerome Powell’s press conference, all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight.

After Jerome Powell’s press conference, all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight.

Features

Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel

The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.

The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.



Interview

He Saw Iceland’s Banking Fraud From Inside. Now He’s Worried About Crypto

“I think we’re living on a sand castle financial system,” says former banker and fraud investigator Jared Bibler.

“I think we’re living on a sand castle financial system,” says former banker and fraud investigator Jared Bibler.

News Analysis

The LUNA and UST Crash Explained in 5 Charts

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.

While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data

Staked ETH tokens are still showing signs of investor confidence.

Staked ETH tokens are still showing signs of investor confidence.

‘Smart Money’ Wallets Accumulate GAL, Decrease APE Holdings: Nansen Data

PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.

PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.


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