Crypto Briefing

The TRON DAO Reserve has deployed $2 billion to fight TRX short sellers—but the USDD stablecoin is still trading below a dollar.Key Takeaways USDD lost its dollar peg Monday amid a broader...

The crypto bear market is hitting top-tier NFT collections hard.Key Takeaways The NFT market is crashing alongside Bitcoin and Ethereum. An increase in wETH trades on OpenSea suggests owners of...

Bitcoin and Ethereum appear oversold, but macroeconomic fears could prevent a significant rebound.Key TakeawaysBitcoin dropped 11.6% following Monday’s open. At the same time, Ethereum took an...

May’s CPI data has severely impacted global financial markets, dragging risk-on assets like cryptocurrencies lower. The total cryptocurrency market cap has fallen below $1 trillion for the first...

Celsius has paused all customer withdrawals, swaps, and transfers citing “extreme market conditions.”Key Takeaways Celsius has frozen customer withdrawals, swaps, and transfers due to...

Edward Snowden stressed the importance of privacy with respect to Bitcoin and crypto during a virtual discussion at Consensus 2022 on Saturday.Key Takeaways Edward Snowden has said that he is "very...

Cardano looks poised for a brief correction that could help it gain the liquidity to advance higher.Key Takeaways Cardano has surged by nearly 25% over the past week. Bullish momentum is building...

Following the latest long-term staking roadmap release, Chainlink’s native token, LINK, appears to have broken its previous downtrend.Key Takeaways Chainlink has revealed detailed plans about...

The second-largest cryptocurrency could be on the cusp of a major price movement.Key Takeaways Ethereum has developed a descending triangle on its four-hour chart. If the $1,720 support level...

Three large token holders are challenging an ApeCoin DAO proposal to keep the project within the Ethereum ecosystem.Key Takeaways The ApeCoin community is currently voting on staying or migrating away...

Solana and Avalanche have kicked off the week in a positive posture but are yet to overcome significant resistance.Key TakeawaysSolana and Avalanche have surged by over 15% Monday. Both Layer 1 tokens...

Top mining companies have reported selling their Bitcoin holdings as profitability sinks to new yearly lows.Key Takeaways Bitcoin miners appear to be selling more coins amid the current market...

Bitcoin has posted its first positive weekly close in ten weeks.Key Takeaways Bitcoin has gained nearly 1,650 points in market value since Monday’s open. The TD Sequential indicator shows a buy...

Developers will now be able to leverage seven different Chainlink price feeds on Solana.Key Takeaways Solana has integrated Chainlink's decentralized price feeds on its mainnet. The integration will...

Renting security to Layer 2 networks has become a very profitable business for Ethereum.Key Takeaways Layer 2 networks are spending more gas than ever settling transactions on Ethereum mainnet. The...

The new bill guarantees holders the right to redeem their stablecoins at face value.Key TakeawaysThe Japanese parliament has passed a new bill clarifying the legal status of stablecoins. The bill...