The community has endorsed Terra’s “Proposal 1623,” which outlines intentions to resurrect the collapsed Terra environment. Do Kwon, the Terra ecosystem’s founder, offered a resurrection plan on 16 May, one that included the establishment of a new blockchain and the issuance of fresh LUNA tokens. Kwon’s proposal received 65.55% of the total votes cast. OnlyContinue reading “Do Kwon’s revival plan for Terra finds endorsement with 65% vote”

Despite the present market attitude, forward-thinking firms, executives, and investors are optimistic about the crypto-industry’s long-term potential. Harold Bossé, MasterCard’s Vice President of New Product Development and Innovation, believes that crypto-assets and blockchain technology will be widely adopted sooner rather than later. According to sources, millions of users are already consuming and transmitting crypto-assets aroundContinue reading “Another exec is bullish on crypto; where to now though?”

Crypto-businesses in Africa received more venture capital in the first quarter of 2022 than in the first quarter of 2021. This, according to the African Blockchain Report 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank. In comparison to the same period in 2021, blockchain firms on the continent raised $91 million inContinue reading “11x in 2022 – What you should know about Africa’s crypto startup culture”

To overcome regulatory ambiguity, safeguard investors, and develop India’s crypto-business, CoinSwitch CEO Ashish Singhal argued on Sunday that the country needs to urgently adopt rules on cryptocurrency. The World Economic Forum (WEF) Annual Meeting in Davos has brought India’s legislative uncertainty on crypto into sharp focus. Singhal discussed the government’s policy dilemma on the industryContinue reading “This is what India’s crypto-sector needs more than anything”

The crypto-market crisis, according to Michael Saylor, Co-Founder, Chairman, and CEO of MicroStrategy Inc., is “great” for Bitcoin. Contrary to most, the frantic price action in the Bitcoin market does not appear to disturb the exec. In fact, he has another bold prediction for Bitcoin, despite it struggling to stay above $30,000. The exec, whoContinue reading “Identifying what MicroStrategy’s Saylor thinks is ‘great for Bitcoin’”

Solana’s price is preparing for a quick run-up to significant resistance levels. While this rally might cause many traders to get euphoric, it will be nothing but a dead cat bounce. One that will likely catch many investors off-guard.  SOL ready to trap uninformed participants Solana’s price crashed by roughly 63% between 5 -12 May,Continue reading “Solana [SOL] – Should a revisit to the $20-level be a surprise?”

XRP’s price presents traders with an opportunity to capitalize on a quick 20% uptrend. However, informed investors can also capitalize on the 30% downtrend that will follow. XRP fails to reap the benefits XRP’s price action since 23 December has created three distinctive lower highs and three higher lows. This, when connected using trend lines,Continue reading “XRP: Twin trading opportunities await traders only if…”

AVAX’s price has been hovering above a stable support level with no signs of a volatile move in sight. However, things could change as Bitcoin’s price is starting to look bullish. Therefore, investors need to pay close attention to altcoins as they could explode soon. Avalanche and its capacity to move higher AVAX has crashedContinue reading “$52 or $20 – Which level will AVAX see first?”

Axie Infinity’s price reveals a bullish intent from a technical perspective, but on-chain metrics present warnings. There is one significant hurdle that could make or break AXS and where it could head. Therefore, investors need to exercise caution with their investments in the coming days. AXS’s price ready for a move? AXS has come aContinue reading “Axie Infinity [AXS] – All you need to know about the upcoming inflection point”

Australia’s CoinJar, one of the country’s longest-running cryptocurrency exchanges, has announced the launch of a Shiba Inu-themed promotional campaign. This will be part of its efforts to celebrate its 9th anniversary. In doing so, CoinJar will now be the latest to use the socially popular memecoin to leverage and boost its own popularity. This isn’tContinue reading “Australia’s CoinJar is latest to use SHIB for promotional purposes”

The Wikimedia Foundation, the non-profit that funds Wikipedia, is in the news today after it announced that it will be shutting down its BitPay account. In doing so, it will also not accept cryptocurrency donations going forward. This decision was made following community feedback, specifically, feedback on a 10 January proposal that called for theContinue reading “Wikimedia Foundation pulls the plug on crypto-donations after ‘feedback’”

Berkshire Hathaway execs Warren Buffett and Charlie Munger are in the news today after they, together, dissed Bitcoin, the world’s largest cryptocurrency again. Speaking at the Annual Shareholder’s Meeting on Saturday, the two reiterated their previous position on cryptos in general, with Chairman Buffett having infamously called Bitcoin “rat poison squared.” More poison? Yesterday’s meetingContinue reading “Buffett, Munger diss Bitcoin, again, but is it all falling on deaf ears”