Saturday, June 3, 2023

Market Analysis

Should you buy Compound’s token after doubling its value in June?

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New referendum-led governance structure proposed for Polkadot

Polkadot, the eleventh biggest cryptocurrency with a market cap of over $7 billion, might be getting a revamp of the entire governance system. Gov2 The proposal, which is known as Gov2 while in development, can be summarised overall as...

Cardano’s Adaswap public testnet goes live on Milkomeda Network

Adaswap, a Gal Gadot-backed decentralized exchange (DEX) platform on the Cardano network, has launched its public testnet. A press release shared with CoinJournal stated that the Adaswap DEX, also backed by Shima Capital, was going live today 29...

Major advocate of Bitcoin Cash accused of default: BCH price sinks 7%

Bitcoin Cash (BCH) today dropped to a low of $102.08 following reports that a major advocate of the blockchain had been accused of default. Roger Ver, the former CEO of Bitcoin.com and a big advocate for Bitcoin Cash,...

Here’s why Terra Luna Classic (LUNC) and USTC are suddenly rising

Terra Luna Classic (LUNC) has gained 44% today and over 110% over the past seven days while TerraClassicUSD (USTC) has gained over 140% today and over 780% in the past seven days. Both TerraClassic (LUNC) and TerraClassicUSD (USTC)...

MicroStrategy Continues Bitcoin Accumulation Amid Market Slump

Key Takeaways MicroStrategy has disclosed that it purchased an additional 480 Bitcoin between May 3 and Jun. 28. The firm now holds 129,699 Bitcoin. The number one crypto is currently sitting at a pivotal support level that could trigger a...

Cardano vs Solana: Here’s Why SOL is a Better Buy than ADA

Cardano and Solana price have been in a strong bearish trend in the past few months. SOL is trading at $35.40, which is about 86% from its all-time high. ADA, on the other hand, is trading at...

Unifi Protocol price has gone parabolic. Is UNFI a good buy?

Unifi Protocol price has been in a strong bullish trend in the past few days. The coin jumped to a high of $7.18, which was the highest level since June 14th this year. It has risen by...

AXS declined by 7% despite Ronin Bridge activation

The cryptocurrency market continues its poor performance this week, with most of the coins in the top 100 currently trading in the red zone. The cryptocurrency market has been underperforming since the start of the week. The market...

USTC Price is Skyrocketing: Will Terra Classic USD Regain its Peg?

Terra Classic USD (USTC) price has made a strong comeback in the past few days as investors buy the coin’s dip. The “stablecoin” has jumped in the past seven straight days and is now trading at the...
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