20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

20%-drop-in-the-s&p-500-puts-stocks-in-a-bear-market,-bitcoin-and-altcoins-follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has … Read more

3 red flags that signal a crypto project may be misleading investors

3-red-flags-that-signal-a-crypto-project-may-be-misleading-investors

The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping the network get established, then vanishing without so … Read more

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

socios-fan-tokens-rally-40%+-after-chiliz-rolls-out-mainnet-upgrade-and-token-burn-plan

A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens. In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while … Read more

BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

bifi-gains-100%+-after-beefy-finance-adds-new-vaults-and-stablecoin-liquidity-pools

Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI’s current triple digit gain. Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week’s volatility is likely … Read more

Analysts say Ether price must hold this key level to avoid a capitulation-like move

analysts-say-ether-price-must-hold-this-key-level-to-avoid-a-capitulation-like-move

Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across the ecosystem. While the coverage for UST and … Read more