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The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout. Go to Source Powered by WPeMatico
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that the foundation will have to burn more LUNA … Read more
Bitcoin and several altcoins are showing early signs that the bear trend could be ending, but overcoming higher levels may prove to be a challenge. Go to Source Powered by WPeMatico
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion. Go to Source Powered by WPeMatico
The market gave up last week’s gains from Bitcoin’s surge to $45,000, but derivatives metrics suggest retail traders are more bullish than market makers and whales. Go to Source Powered by WPeMatico
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which Terra-based coins have the most potential. Go to Source Powered by WPeMatico
Ethereum price has been increasingly in lockstep with the Nasdaq, but there’s a catch. Go to Source Powered by WPeMatico
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last … Read more
Market sentiment remains negative, but Bitcoin and altcoins are witnessing buying at lower levels, which could be a signal that the bottom is nearby. Go to Source Powered by WPeMatico
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that interested parties are showing in minting the asset. … Read more
