Day: December 5, 2021

Extreme Fear Returns As Bitcoin Stalls Below $50,000

The Crypto Fear and Greed Index has once again dipped into the “extreme fear” territory. The index, which is considered to be a handy tool for measuring market sentiment, has dropped to just 18 points, the lowest level since July, according to the most recent daily update. Image by alternative.me Bitcoin plunged sharply lower on

BTC, SOL, LUNA, SHIB and DOGE Price Analysis for December 5

The market is trying to return its lost positions as all of the coins from the top 10 list are again in the green zone. Top coins by CoinMarketCap BTC/USD Despite today’s growth, the rate of Bitcoin (BTC) has gone down by almost 10% over the last week. BTC/USD chart by TradingView Analyzing the weekly

Terra (LUNA) Price Reaches New Record High Despite Brutal Market Correction

The price of LUNA, the native cryptocurrency of payment-focused blockchain network Terra, has reached a new all-time high of $77.16 earlier today. The cryptocurrency has climbed to 9th spot on CoinMarketCap, surpassing Polkadot. It is up 35% over the past 24 hours alone, extending its bullish streak. Image by coinmarketcap.com The token’s market capitalization has

Elon Musk Derides NFTs and Web3

Tesla CEO Elon Musk recently mocked vocal proponents of “Web 3.0” on Twitter with his latest meme. The centibillionaire shared a three-panel version of the popular “Urinal Etiquette” comic, which shows a man entering a men’s bathroom and passing a bunch of unoccupied urinals to declare his support for crypto, web3 and decentralized autonomous organizations

$200 Million Worth Shiba Inu and Other Tokens Stolen from BitMart Exchange

Cayman Islands-headquartered cryptocurrency exchange BitMart has suffered a $200 million hack, according to data provided by blockchain security company PeckShield. Initially, PeckShield tweeted that $100 million worth of tokens were stolen from one of the exchange’s Ethereum hot wallets. Shiba Inu (SHIB) is at the top of the list of affected assets. The hacker made