by Michael
The crypto winter could be claiming more casualties among the stablecoin camp. The depegging of TerraUSD (UST) on May 10 triggered market selloffs, and now Tether (USDT) appears to be losing its footing. It has slipped against the U.S. dollar. The algorithmic... 
by Michael
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... 
by Michael
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... 
by Michael
The broader cryptocurrency market has been underperforming in recent weeks. The crypto market has been in a bearish trend for the past few days. Since the start of the week, the market has lost more than $400 billion. So far today, the crypto market has lost more than... 
by Michael
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... 
by Michael
The cryptocurrency market has lost more than $200 billion over the past 24 hours. The crypto market has been in a bearish trend for the past few days. Since the start of the week, the market has lost more than $400 billion. Over the last 24 hours, the crypto market... 
by Michael
Terra’s stablecoin has lost its peg to the dollar and is trading around 5 cents at the moment. The Block’s editor Frank Chaparro has stated that the ongoing UST crisis is the most destructive wealth event in the history of the cryptocurrency market. He... 
by Michael
Cryptocurrencies markets continue to suffer major losses following the depegging of Terra (LUNA) ecosystem’s stablecoin UST – causing discrepancies between stablecoin pegs and the value of Bitcoin (BTC). Stablecoin Tether (USDT) showed signs of stress as... 
by Michael
The capitalization of USDD, the stablecoin on the Tron (TRX) blockchain, is “only” $270 mln according to Justin Sun. He added that Tron would not have any problems repelling speculative attacks given its capitalization and reserves. Tron is faring... 
by Michael
Bitcoin (BTC) bounced past $28,000 during May 12 after repeating a chart structure not seen since March 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC seller losses spiral Data from Cointelegraph Markets Pro and TradingView continued to track... 
by Michael
The crypto market is extremely negative with most top 100 cryptocurrencies deep in the red at the time of writing. Crypto exchanges saw more than a billion in liquidations. The highest was crypto exchange OKX with $393 million, followed by Binance at $389... 
by Michael
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international... Page 2,870 of 4,510« First«...102030...2,8682,8692,8702,8712,872...2,8802,8902,900...»Last » Translate »
