2022-6-19 08:35 |
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli. origin »
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A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week.
2022-6-2 21:00 | |
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The sudden crash Back in April 2022, Terra was still a public chain with a market cap of $41 billion and plenty of rosy visions. However, in just one month, its native algorithmic stablecoin UST de-pegged from the dollar due to manipulation by big institutions and flawed mechanisms.
2022-5-27 08:11 | |
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Algorithmic stablecoin TerraUSD (UST)’s drop from its US dollar peg sent shockwaves across the entire crypto market this week and ignited the dip in the value of a myriad of crypto assets as a result.
2022-5-13 16:59 | |
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The crypto boom in 2021 saw many projects set record highs, consequently attracting more developers to help sustain and improve operations. As a result of this bull run, several protocols have surpassed the growth rate of Ethereum (ETH/USD), the largest developer ecosystem in the crypto industry.
2022-1-8 17:11 | |
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Terra (LUNA) has surged to new all-time highs as its price passed the $10 mark. Is this the end of its bull run, or does LUNA have more space to go? And more importantly, should you consider investing in LUNA now? Fundamental analysis: Terra’s price increases as a result of investor interest Terra is a […] The post Terra (LUNA) price skyrockets to a new all-time high appeared first on Invezz.
2021-3-10 22:24 | |
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Stablecoin issuers including Coinbase, Paxos and Terra are planning to change directions as a result of consumer interest in using stablecoins as a mean of payment rather than simply for trading reports The Block.
2019-8-4 22:15 | |
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Bitcoin experienced significant volatility in the days leading up to President Donald Trump’s inauguration on Jan. 20. The market saw sharp price swings the week before, with heightened activity from US traders during the weekend.
Rex has filed new ETF registration documents with the Securities and Exchange Commission, listing several cryptocurrency-focused funds, including a TRUMP ETF, a DOGE ETF, a BONK ETF, and others tied to assets such as Bitcoin, Ethereum, XRP, and Solana.
MicroStrategy has made headlines again by adding 11,000 Bitcoin to its portfolio, according to a Jan. 21 filing with the US Securities and Exchange Commission (SEC). This acquisition represents the firm’s biggest Bitcoin purchase of the year and extends its ongoing streak of weekly buys into the eleventh week.
Instead of being scared by the nonstop nature of crypto markets, investors should see it as an exciting opportunity to grow their portfolios — especially with the help of a skilled crypto advisor who can guide you through the complexity.
The market has been gearing up for volatility before the launch of spot ETH ETFs in the US today. While ETH’s price action has been relatively uninteresting in the past few weeks, it seems that large holders are expecting price swings and are rushing to cash out.
Deribit's BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February.
Institutions need to broaden their holdings of crypto holdings in order to capture the full range of innovation in the market, says Felix Stratmann, head of research at Outerlands Capital.