Some of you saw it coming; some of you still can’t believe it’s real. Was the “most significant collapse in crypto history” an attack?
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Bank of Israel claims ‘public support’ for its CBDC project
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
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Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower than the $1 parity and […]Powered by WPeMatico
Bitcoin 2022 — Will the real maximalists please stand up?
Will LUNA and UST Price Recover? Terra Luna Price Down 93%, UST De-pegged to $0.3
Even with Bitcoin’s price destabilization over the past week, most of the attention is on the abysmal price performance of Terra Luna, which is down 93%, and UST, whose price is supposed to stay pegged to USD but currently trading at 70% below at $0.3. The founder of Terra Luna, Do Kwon, released a series of statements on Twitter regarding the situation. Will Terra Luna and UST recover? Let’s take a closer look at the current situation. Why is Terra Luna and UST Price Dropping? Terra Luna’s price started its downward spiral when UST de-pegged from USD on May 10th
The post Will LUNA and UST Price Recover? Terra Luna Price Down 93%, UST De-pegged to $0.3 appeared first on The Merkle News.
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Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked
Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows.
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Rising global adoption positions crypto perfectly for use in retail
As more and more people continue to invest in digital currencies, experts believe the coming few years will see crypto making an even larger impact on the retail sector.
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Sculptor aims to use the Fearless Girl statue to empower women in crypto
The sculptor, Kristen Visbal, said that the proceeds from the NFT sale of Fearless Girl will be used to defend the original message of the artwork.
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Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects
Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research.
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Industry experts weigh in on SEC hiring more crypto cops
The SEC’s decision to expand its digital assets section was well received by industry experts and came as no surprise, given the growing interest in cryptocurrencies.
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