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NFT Market Shows Signs of Recovery Despite Low Trading Volume


  The market for non-fungible tokens (NFTs) shows signs of recovery - with the number of users, transactions, and amount of wallets buying NFTs seeing an uptick despite the continued low trading volume. More than 250,000 users interacted with NFTs over the week ended on May 23, up by around...

Terra Has a Recovery Plan With Community Feedback


The last couple of weeks has been a tumultuous time for the crypto market as Terra lost its peg and the ecosystem collapsed in days. Terra’s native token LUNA was felled, and the value virtually reached $0. The de-pegging event’s impact was felt far beyond Terra, as the entire market...

Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!


Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Binance Chain was blockchain, focused only on the Binance exchange but soon transitioned towards...

Bitcoin and Ethereum Trim Losses But Recovery Could Face Hurdles


  Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000. Similarly, most major altcoins might struggle to recover losses. ETH might face...

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