Bitcoin Liveliness Hits Peak As Bull Market Continues

Bitcoin Liveliness Hits Peak As Bull Market Continues

A technical indicator called liveliness is rising, which historically signals bull run activity and could mean that this market cycle is not over yet, say analysts. “Liveliness continues to march higher this cycle despite lower prices, indicating a floor of demand for spot Bitcoin that is not reflected in price action,” said technical analyst “TXMC”…

State of Crypto: Wrapping Up the Month

State of Crypto: Wrapping Up the Month

Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be in Washington, D.C. for the Blockchain Association’s annual summit. I’d love to say hi if you’re there. You’re reading State of Crypto, a…

United States wants a 12-year prison term for Do Kwon over Terra crash

United States wants a 12-year prison term for Do Kwon over Terra crash

United States federal prosecutors are seeking a possible 12-year prison term for Terraform Labs co-founder Do Kwon. Prosecutors are seeking that penalty because they believe the TerraUSD disaster was a “colossal fraud.” The United States government told Judge Paul Engelmayer in New York that the crime was massive enough to wreck entire corners of the…

LUNC Price Surges Over 212% Ahead Of Token Burn And Do Kwon Sentencing

LUNC Price Surges Over 212% Ahead Of Token Burn And Do Kwon Sentencing

LUNC price outperformed Bitcoin and top altcoins this week, posting over 212% gains. The token surged to $0.000078 heading into the weekend, with 24-hour trading volume exceeding $841 million on Saturday. Crypto market sentiment continued moving from “Fear” to “Extreme Fear” around Saturday afternoon (UTC). The trend was primarily driven by Bitcoin (BTC) dropping back…