Articles by Varinder Singh
This Government Intensify Measures To Prevent Another UST And LUNA Crash
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This Government Intensify Measures To Prevent Another UST And LUNA Crash
News

South Korean Terra Holders Skyrocketed After Its Crash, Here’s Why

South Korea’s Financial Services Commission’s Financial Intelligence Unit (FIU) on Tuesday revealed LUNA and UST holders increased massively after the crash, hoping for a rebound in prices. The South Korean government is now implementing additional measures to prevent another Terra-like crash, according to local media reports. The collapse of Terra’s UST stablecoin and LUNA in

South Korea’s Financial Services Commission’s Financial Intelligence Unit (FIU) on Tuesday revealed LUNA and UST holders increased massively after the crash, hoping for a rebound in prices. The South Korean government is now implementing additional measures to prevent another Terra-like crash, according to local media reports. The collapse of Terra’s UST stablecoin and LUNA in

IMF Says People Should Not Stop Crypto Trading After Terra's UST Crash
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IMF Says People Should Not Stop Crypto Trading After Terra's UST Crash
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IMF Chair Advises Against Ditching Crypto After Terra Crash

International Monetary Fund (IMF) Chair Kristalina Georgieva during the World Economic Forum’s annual meeting on Tuesday said the collapse of Terra’s algorithmic stablecoin UST should not make people abandon cryptocurrencies. Kristalina Georgieva believes the crypto market is important as it offers faster service, much lower costs, and more inclusion. IMF’s Kristalina Georgieva Hails Crypto Despite

International Monetary Fund (IMF) Chair Kristalina Georgieva during the World Economic Forum’s annual meeting on Tuesday said the collapse of Terra’s algorithmic stablecoin UST should not make people abandon cryptocurrencies. Kristalina Georgieva believes the crypto market is important as it offers faster service, much lower costs, and more inclusion. IMF’s Kristalina Georgieva Hails Crypto Despite

Largest Exchange Launches Direct Selling Of Crypto For Fiat Through Visa Cards
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Largest Exchange Launches Direct Selling Of Crypto For Fiat Through Visa Cards
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Just-In: Binance Launches Direct Crypto For Fiat Sales Through Visa Cards

Binance, the world’s largest crypto exchange, on Monday enabled the direct selling of crypto for fiat through its debit and credit cards. The Sell Crypto to Credit/Debit Card feature will allow users to sell all cryptocurrencies for fiat and directly transfer funds to supported Visa credit or debit cards. Binance Offers Sell-Crypto-For-Fiat Feature Binance, in an official

Binance, the world’s largest crypto exchange, on Monday enabled the direct selling of crypto for fiat through its debit and credit cards. The Sell Crypto to Credit/Debit Card feature will allow users to sell all cryptocurrencies for fiat and directly transfer funds to supported Visa credit or debit cards. Binance Offers Sell-Crypto-For-Fiat Feature Binance, in an official

RBI Governor Shaktikanta Das Reaffirms Negative Crypto Stance, Hints Rate Hike
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RBI Governor Shaktikanta Das Reaffirms Negative Crypto Stance, Hints Rate Hike
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Just-In: Indian Central Bank Head Bashes Crypto After Latest Crash

Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Monday has reaffirmed his negative stance on crypto. RBI had always raised concerns that cryptos will undermine the monetary, financial, and macroeconomic stability of India. In fact, investors and the government had been warned against cryptocurrencies, which have now crashed immensely. In addition, RBI Governor hints

Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Monday has reaffirmed his negative stance on crypto. RBI had always raised concerns that cryptos will undermine the monetary, financial, and macroeconomic stability of India. In fact, investors and the government had been warned against cryptocurrencies, which have now crashed immensely. In addition, RBI Governor hints

Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
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Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
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Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say

The Terra (LUNA) price jumped more than 40% in the last 24 hours as LUNA holders burnt millions of tokens. However, Terraform Labs’ founder Do Kwon asserts sending LUNA to the burn address is not a good idea and users will actually lose their tokens. Do Kwon Turns Down LUNA Burn Idea LUNA price surged

The Terra (LUNA) price jumped more than 40% in the last 24 hours as LUNA holders burnt millions of tokens. However, Terraform Labs’ founder Do Kwon asserts sending LUNA to the burn address is not a good idea and users will actually lose their tokens. Do Kwon Turns Down LUNA Burn Idea LUNA price surged

PlanB Says Bear Market Is Almost Over, Will Bitcoin (BTC) Break New ATH?
Bitcoin News
PlanB Says Bear Market Is Almost Over, Will Bitcoin (BTC) Break New ATH?
Bitcoin News

PlanB Says Bear Market Almost Over, Bitcoin (BTC) In Buying Range

Bitcoin (BTC) is reeling under the bear market. The crypto market is still under pressure, while the Bitcoin price continues to dive below the crucial $30,000 level. However, PlanB, creator of the stock-to-flow (S2F) model, claims the bear market is almost over. He is optimistic because periods with the Realized Price Moving Average (RPMA) <1

Bitcoin (BTC) is reeling under the bear market. The crypto market is still under pressure, while the Bitcoin price continues to dive below the crucial $30,000 level. However, PlanB, creator of the stock-to-flow (S2F) model, claims the bear market is almost over. He is optimistic because periods with the Realized Price Moving Average (RPMA) <1

This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
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This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
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This Stablecoin’s Market Cap Skyrockets Amid FUD In Tether, UST

The crypto market crash last week has vastly shaken the crypto industry, with volatility witnessed in stablecoins too. The de-peg of TerraUSD (UST) and a brief decline in Tether (USDT) saw redemptions of more than $30 billion in top stablecoins in a week. Interestingly, the only stablecoin thriving from the volatility is Circle’s USD Coin

The crypto market crash last week has vastly shaken the crypto industry, with volatility witnessed in stablecoins too. The de-peg of TerraUSD (UST) and a brief decline in Tether (USDT) saw redemptions of more than $30 billion in top stablecoins in a week. Interestingly, the only stablecoin thriving from the volatility is Circle’s USD Coin

Mass Adoption? TAG Heuer, Shopify Now Accepts Crypto
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Mass Adoption? TAG Heuer, Shopify Now Accepts Crypto
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Mass Adoption? TAG Heuer, Shopify Now Accept Crypto

In a major boost for crypto adoption, LVMH-owned Swiss watchmaker TAG Heuer, and online marketplace Shopify now accept crypto payments. The move comes just days after luxury brand Gucci also began accepting crypto payments in the United States. The push into crypto shows broader interest among brands and retailers in accepting bitcoin and other cryptocurrencies

In a major boost for crypto adoption, LVMH-owned Swiss watchmaker TAG Heuer, and online marketplace Shopify now accept crypto payments. The move comes just days after luxury brand Gucci also began accepting crypto payments in the United States. The push into crypto shows broader interest among brands and retailers in accepting bitcoin and other cryptocurrencies

Ethereum Merge Most Likely In August, Says Vitalik Buterin
Altcoin News
Ethereum Merge Most Likely In August, Says Vitalik Buterin
Altcoin News

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Ethereum founder Vitalik Buterin said on Friday the Ethereum Merge, ie a transition to a proof-of-stake (PoS) protocol, will most likely happen by August this year. Speaking at the ETH Shanghai Web 3.0 Developer Summit, Buterin said that in case of potential risks, a delay to September or October is possible. Vitalik Buterin: Ethereum Merge

Ethereum founder Vitalik Buterin said on Friday the Ethereum Merge, ie a transition to a proof-of-stake (PoS) protocol, will most likely happen by August this year. Speaking at the ETH Shanghai Web 3.0 Developer Summit, Buterin said that in case of potential risks, a delay to September or October is possible. Vitalik Buterin: Ethereum Merge

FTX Crypto Exchange Launches Stocks And ETFs Trading For U.S. Customers
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FTX Crypto Exchange Launches Stocks And ETFs Trading For U.S. Customers
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Just-In: Crypto Exchange FTX Launches Stock Trading For U.S. Customers

Crypto exchange FTX has reportedly launched commission-free stocks and ETF trading in the United States. However, the service will be available to a limited number of users first, with the full rollout of services featuring stocks, ETFs, cryptocurrencies, futures, and others in a few months. Moreover, FTX will also allow users to add funds to

Crypto exchange FTX has reportedly launched commission-free stocks and ETF trading in the United States. However, the service will be available to a limited number of users first, with the full rollout of services featuring stocks, ETFs, cryptocurrencies, futures, and others in a few months. Moreover, FTX will also allow users to add funds to

Bitcoin (BTC) Bears Will Again Push Prices To Bottom Today, Here's Why
Bitcoin News
Bitcoin (BTC) Bears Will Again Push Prices To Bottom Today, Here's Why
Bitcoin News

Bitcoin (BTC) To Slip Further Below $29K Today, Where’s The Bottom?

Bitcoin (BTC) is currently forming a bottom for the next bull market. As a result, bears continue to dominate the market, pushing the BTC price below $29,000 in the last 24 hours. Due to unfavorable conditions, traders expecting an end to the bear market may have to wait longer. Bitcoin is in a bear market.

Bitcoin (BTC) is currently forming a bottom for the next bull market. As a result, bears continue to dominate the market, pushing the BTC price below $29,000 in the last 24 hours. Due to unfavorable conditions, traders expecting an end to the bear market may have to wait longer. Bitcoin is in a bear market.

Panama Halting Crypto Law Signing Puts Exchanges In FUD
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Panama Halting Crypto Law Signing Puts Exchanges In FUD
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Panama Delays Legalizing Crypto On This Major Factor

Panama’s President Laurentino Cortizo on Thursday said he will not sign the pending crypto bill into law until strict anti-money laundering clauses are added to the bill. The decision put pressure on crypto exchanges and firms already preparing to enter the new market. Panama’s legislative assembly last month passed the bill regulating the use of

Panama’s President Laurentino Cortizo on Thursday said he will not sign the pending crypto bill into law until strict anti-money laundering clauses are added to the bill. The decision put pressure on crypto exchanges and firms already preparing to enter the new market. Panama’s legislative assembly last month passed the bill regulating the use of

Amid Uncertainty Over Terra's Fork, Scam Accounts Are Already Cropping Up
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Amid Uncertainty Over Terra's Fork, Scam Accounts Are Already Cropping Up
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Terra Scam Accounts Attempt To Capitalize On Hard Fork Uncertainty

Terraform Labs’ Do Kwon had recently announced plans to fork the Terra chain into a new chain without the algorithmic stablecoin. The old chain will be called Terra Classic (Luna Classic – LUNC) and the new chain to be called Terra (LUNA). However, scam accounts have now emerged amid uncertainty over Terra’s fork. Scam Accounts

Terraform Labs’ Do Kwon had recently announced plans to fork the Terra chain into a new chain without the algorithmic stablecoin. The old chain will be called Terra Classic (Luna Classic – LUNC) and the new chain to be called Terra (LUNA). However, scam accounts have now emerged amid uncertainty over Terra’s fork. Scam Accounts

Bitcoin (BTC) Price Could Slide More Lower, Here's Why
Bitcoin News
Bitcoin (BTC) Price Could Slide More Lower, Here's Why
Bitcoin News

Bitcoin (BTC) Price Could Slide Further Below $30K, Here’s Why

Bitcoin’s (BTC) price has failed to hold above the crucial $30,000 level, and slid to $29,500 in the last two days. The resultant pressure due to the crypto market crash last week is holding Bitcoin in a bear hug. Unfortunately, market analysts and on-chain data indicate that the BTC price could possibly dive to the

Bitcoin’s (BTC) price has failed to hold above the crucial $30,000 level, and slid to $29,500 in the last two days. The resultant pressure due to the crypto market crash last week is holding Bitcoin in a bear hug. Unfortunately, market analysts and on-chain data indicate that the BTC price could possibly dive to the

Axie Infinity Suffers Another Hack On Main Server
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Axie Infinity Suffers Another Hack On Main Server
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Just-In: Axie Infinity Suffers Another Hack, This Time On Discord

Axie Infinity on Wednesday said the MEE6 bot on its main server was hacked. The team said the hackers used the MEE6 bot to add permissions to a fake Jiho account, making fake announcements about a mint. MEE6 is a Discord bot that allows admins to automatically give and remove roles and send messages. Many

Axie Infinity on Wednesday said the MEE6 bot on its main server was hacked. The team said the hackers used the MEE6 bot to add permissions to a fake Jiho account, making fake announcements about a mint. MEE6 is a Discord bot that allows admins to automatically give and remove roles and send messages. Many

Shiba Inu (SHIB) Price Soars 6% In A Day, Here's Why
Altcoin News
Shiba Inu (SHIB) Price Soars 6% In A Day, Here's Why
Altcoin News

Shiba Inu (SHIB) Price Soars 6% In A Day, Here’s Why

Shiba Inu’s price has seen a recovery of 26% since the crypto market crash in the first two weeks of May. The price increase still continues as the SHIB recorded more than 6% gains in the last 24 hours. The reason behind the quick rally is whale accumulation seen from the bottom of $0.00000988. Meanwhile,

Shiba Inu’s price has seen a recovery of 26% since the crypto market crash in the first two weeks of May. The price increase still continues as the SHIB recorded more than 6% gains in the last 24 hours. The reason behind the quick rally is whale accumulation seen from the bottom of $0.00000988. Meanwhile,

Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
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Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
News

Terra Community Strongly Opposes Do Kwon’s Plan To Fork The Chain

In a preliminary vote, the Terra community has opposed founder Do Kwon’s proposed revival plan to fork the Terra chain into a new chain without the algorithmic stablecoin. Moreover, the Terra community believes burning will be the best option as suggested by Binance CEO Changpeng Zhao. People are blaming the Terra team for not listening

In a preliminary vote, the Terra community has opposed founder Do Kwon’s proposed revival plan to fork the Terra chain into a new chain without the algorithmic stablecoin. Moreover, the Terra community believes burning will be the best option as suggested by Binance CEO Changpeng Zhao. People are blaming the Terra team for not listening

SEC Chair Gary Gensler Blames Crypto Trading Platforms For UST Investors' Loss
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SEC Chair Gary Gensler Blames Crypto Trading Platforms For UST Investors' Loss
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SEC Chair Gensler Responds To Terra Crash, More Regulation Due?

SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosing information making investors lose hard-earned money such as in the case of LUNA and UST. SEC Chair Gary Gensler believes cryptocurrencies are high speculative

SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosing information making investors lose hard-earned money such as in the case of LUNA and UST. SEC Chair Gary Gensler believes cryptocurrencies are high speculative

PlanB Says Bear Market Is Almost Over, Will Bitcoin (BTC) Break New ATH?
Bitcoin News
PlanB Says Bear Market Is Almost Over, Will Bitcoin (BTC) Break New ATH?
Bitcoin News

PlanB: Bitcoin (BTC) Is Creating A Bottom For The Next Bull Market

PlanB, the creator of the Stock-to-Flow (S2F) model, says the expected Bitcoin (BTC) price to touch $100k in December 2021 failed because it was already in a bear market since April 2021. Currently, the Bitcoin (BTC) price is creating a bottom as we are witnessing strong pressure in the Bitcoin market. The bull market will

PlanB, the creator of the Stock-to-Flow (S2F) model, says the expected Bitcoin (BTC) price to touch $100k in December 2021 failed because it was already in a bear market since April 2021. Currently, the Bitcoin (BTC) price is creating a bottom as we are witnessing strong pressure in the Bitcoin market. The bull market will

Grayscale Comes With First ETF In The UK, Italy And Germany Amid Crypto Uncertainty
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Grayscale Comes With First ETF In The UK, Italy And Germany Amid Crypto Uncertainty
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Grayscale Debuts European Crypto ETF Despite Market Crash

Grayscale Investments on Monday said it is launching several new European-listed products as part of its cross-Atlantic debut. The asset manager will launch the Grayscale Future of Finance UCITS ETF in Europe. The ETF will be Grayscale’s first European fund to be listed on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. Moreover,

Grayscale Investments on Monday said it is launching several new European-listed products as part of its cross-Atlantic debut. The asset manager will launch the Grayscale Future of Finance UCITS ETF in Europe. The ETF will be Grayscale’s first European fund to be listed on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. Moreover,