Altcoins

Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions.  “The Fed are unlikely to raise rates as far and as fast as people

ApeCoin (APE) has undergone a sharp recovery after falling to its lowest level in two months. But its strong correlation with Bitcoin (BTC) and U.S. equities amid macro risks suggests more losses could be in store. APE rebounds after 80% losses in two weeks APE rebounded by nearly 45% to $7.30 on May 12. The

Cryptocurrency investors never thought they’d have to ask wh TerraUSD (UST) or LUNA would reach $1 first. On May 11, that question became the talk of the crypto-sphere as the Terra ecosystem imploded.  As algorithmic stablecoin UST lost its dollar peg, crashing to a low of around 30 cents, Terraform Labs co-founder Do Kwon took

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the social tokens you should be keeping a close eye on. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook

As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the withdrawals for Terra (LUNA) and UST on Tuesday.  The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1.00 price point as LUNA’s price witnessed

Monero (XMR) has shown a surprising resilience against the Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week.  XMR’s price closed the previous week 2.37% higher at $217, data from Binance shows. In comparison, BTC, which typically influences the

According to blockchain digitization provider Tokeny, on Monday, the Royal Museum of Fine Arts Antwerp (KMSKA) became the first European museum to tokenize investment in fine art, starting with Belgian painter James Ensor’s (1860–1949) painting, “Carnaval de Binche.“ Investors can obtain fractional ownership of the work starting from 150 euros (or about $158). The venture is

Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST). The LUNA/USD pair dropped 20% between May 7 and May 8, hitting $61, its worst level in three months, after a whale mass-dumped $285 million worth of UST. As a result of this selloff, UST briefly lost its U.S. dollar

Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027. For the next five years, the key factors tied to the global NFT boom continue to factor in the growing involvement of mainstream

Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months.  Pullback risks ahead ANC’s price rebounded by a little over 42.50% between May 1 and May 6, reaching $2.26, its highest level in three weeks. Nonetheless, the token experienced a selloff on May 6 and May

Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launched on mainnet.  The next phase of interoperability within the ecosystem is set to kick off now

Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector. DOT price gains 12% on XCM launch Bulls pushed DOT’s price to $16.44 on May 5 from $14.72 a day before, gaining a little over 12% as they assessed

Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens. Similar to Optimism, which recently unveiled a new governance structure that will

Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency according to a Coinbase research piece carried out by Qualtrics. The key takeaways indicate that 33% of British people own crypto, up from 29% in October 2021. Plus, over half, or 61%, of those surveyed intend

Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights.  Players can take in-game material out of the game and trade on third-party marketplaces like OpenSea. The freedom

The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish