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.
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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 during the rebound to $4 are now down another 99%. Let’s look at any relevant news regarding LUNA and its now de-pegged stablecoin UST and see why the price continues to drop? What Happened With LUNA and UST? As we reported on May 10th, LUNA’s
The post Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67 appeared first on The Merkle News.
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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 […]Powered by WPeMatico
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.
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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 […]Powered by WPeMatico
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.
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ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market.
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Report: Tanzania Closer to Launching a CBDC
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies According to Florens Luoga, the governor of Tanzania’s central bank, his country is inching […]Powered by WPeMatico
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S.
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Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
Bitcoin dominance has spiked to six-month highs at Ethereum’s expense as ETH/BTC suffers big losses.
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