DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out

The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar.

The post DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out appeared first on BeInCrypto.

Another Fantom Hack? FTM Slumps 15% After DEX Attack

Fantom (FTM), the native token on the eponymous blockchain, fell sharply after one of its largest DeFi exchanges (DEX) was hit with a hack. FTM slumped over 15% in the past 24 hours, and is now trading at nine-month lows of $0.322552. Saturday’s …

FTM Price Analysis: Retest to Channel Support Hints at Bullish Recovery

The Fantom(FTM) traders completed the prior bear cycle within a falling channel as the altcoin dropped to the support trendline at $0.03. However, the altcoin rebounds from this trendline with a morning star candle in response to the price pattern. A b…

FTM Price Analysis: FTM Prices Trapped Under Bearish Multiverse

A fresh falling channel pattern drives the Fantom(FTM) price to the ground or below the $1 mark in a less demeaning way. The recent bearish reversal brings the altcoin to $0.70 with an engulfing candle, struggling to continue underneath it. However, ti…