Data shows the crypto futures market has taken a $380 million beating over the past day as Bitcoin has rebounded above $30k. Out of this amount, $240 million liquidations have belonged to short traders. Crypto […]
On Friday, Tesla CEO Elon Musk took to Twitter, telling Dogecoin co-founder Billy Markus that the project has potential as a currency. “I enjoy that something stupid could also have utility and be successful,” Markus […]
Bitcoin (BTC) is on track for its first consecutive seven-week decline – a sign of negative price momentum. The relief bounce could stall with resistance nearby. Source link
Curve total value locked (TVL) fell steeply in the second week of May due to decreased investor interest in decentralized finance (DeFi). Curve was the decentralized application with the most value locked for a long […]
Last year Grayscale applied to the U.S. Securities and Exchange Commission (SEC) to convert GBTC into a spot exchange-traded fund. Many analysts are skeptical the SEC will approve the conversion anytime soon, though some traders […]
As per Swiss-based 21Shares, a company spokesperson told CoinDesk that given the LUNA network “operating intermittently and inconsistently, 21Shares is unable to provide creation and redemption operations and is suspending the quotation of the Terra […]
The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be pegged to the price of $1, “death spiraled” below 15 cents this week – wiping out over $30 billion in value. UST’s […]
The Bitcoin market is a place of constant clash between bulls and bears. Often, these animals take the form of short-term and long-term holders who are constantly trading coins with each other. When short-term holders […]
But in 2009 and beyond, the Obama Administration was thrust into battle with a Republican-controlled Congress. The two sides searched, against all odds, for a bipartisan agreement to back fiscal spending projects, but other than […]
“The extent of the damage caused from the depegging of recent stablecoins, and collapse of LUNA is unknown and will likely continue to play out in the weeks to come, but we expect that recent […]
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