Yields from Terra’s flagship savings protocol will be available to more than 30 million users on Binance. On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for the staking rewards, Do Kwon — Terra Luna’s (LUNA) co-founder — attributed the origins...Continue Reading

ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails. The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting bond...Continue Reading

Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June. United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange Commission. According to a Wednesday report...Continue Reading

ESPN’s first NFT collection is based on its “Man in the Arena: Tom Brady” documentary and magazine issue. ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena:...Continue Reading

BTC and select altcoins dropped far below their strong support levels, a clear sign that the recent bullish momentum has weakened. Bitcoin (BTC), the entire crypto sector and the S&P 500 index are correcting on April 6, which highlights the tight correlation between the two sectors. Despite the weakness, institutional investors do not seem to be...Continue Reading

The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank. The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation’s central bank, the asset is now technically...Continue Reading

The exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day. Exchange-traded funds (ETFs) issuer ProShares has filed a registration statement with the United States Securities and Exchange Commission to list shares of a Short Bitcoin Strategy ETF. In...Continue Reading

BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls. Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with April 6’s drop below $44,000, there is still mounting evidence that the market structure is healthy.  On Dec....Continue Reading

All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance. Bitcoin (BTC) continued its downturn into Wednesday’s Wall Street open with its first test of $44,000 since the start of April. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC’s price posts near two-week lows Data from Cointelegraph Markets...Continue Reading

A Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind. A Bitcoin (BTC) hostel is coming to Portugal’s shores. As it’s Europe’s first Bitcoin-only hostel, Cointelegraph spoke with the founders to find out how Bitcoin shapes the business model, from planning to...Continue Reading