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Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low


The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols


On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...

Bitcoin and Ethereum Prepare For Next Move, Small Cap Alts in Green


  Bitcoin price failed to continue higher and remained below USD 47,000. BTC is currently (04:53 UTC) consolidating above USD 46,000. If there is a downside break, the price could decline to USD 43,500. Similarly, most major altcoins are struggling to recover. ETH is facing resistance near...

USDC Sees Native Launch on Avalanche


USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

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