Dogecoin eyes ‘oversold’ bounce as DOGE price gives up 90% of yearly gains
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber. Go to Source Powered by WPeMatico
Month: May 2022
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after … Read more
Is Bitcoin Price in Recovery? BTC Trading at $28,645 After Bottoming Out
There’s no doubt that the current market situation is terrifying. Altcoins saw significant sell-offs this week, and Bitcoin hit a new low last night of $26.6k. The stock market continues its bearish momentum today as investors worry about inflation. With the recent rebound from its low, is the Bitcoin price in recovery? Is it a … Read more
Chainalysis announces $170M funding round, platform now valued at $8.6 billion
This is the tenth and largest funding for the blockchain aggregation and reporting service since its inception in October 2014. Go to Source Powered by WPeMatico
How blockchain archives can change how we record history in wartime
We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream. Go to Source Powered by WPeMatico
Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67
After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those traders that attempted to buy the dip when LUNA dipped below $1 if they haven’t sold off … Read more
Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny Rumors Following the collapse … Read more
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
Established stablecoin trading pairs have struggled to keep stable at crypto exchanges around the world. Here are the updates as the situation evolves. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020
Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally on Wednesday, BTC fell back into … Read more
Madonna nude NFT launch triggers a mix of emotions from the community
From being inspired to bashing the artwork’s “flaws,” the community responded to Madonna and Beeple’s latest NFT drop. Go to Source Powered by WPeMatico