Bitcoin
UST Falls to $0.35, Terra Futures See $106M in Liquidations
Some 58% of LUNA traders were betting on higher prices even as the tokens fell yesterday. Source link
Month: May 2022
Market Analysis
The price of LUNA falls massively after the UST de-pegged from the US Dollar
After weeks of hyping due to the TerraUSD (UST) stablecoin release, the LUNA token has been forced to bite a humble pie after the same stablecoin de-pegged from the US dollar causing its price to […]
Regulation
Lloyd’s-Licensed Broker Launches Crypto Insurance Product
“As well as protecting the actual physical digital assets, there’s a whole other world of risk that also needs to be covered,” said Superscript digital assets lead Ben Davies in an interview. “So, if a […]
Market Analysis
Bitcoin (BTC) Consolidates Slightly Above $30,000 After Steep Fall
Bitcoin (BTC) has increased slightly since its May 10 fall below $30,000 and has created its first short-term higher low. Bitcoin had been increasing inside an ascending parallel channel since Jan. 21. After consolidating inside […]
Regulation
Terra’s LUNA Drops to Under $8 After 90% Weekly Plunge
The price action represented one of the biggest drops for a major cryptocurrency. Data shows LUNA prices have dropped 90% in the past week and 7% in the past hour alone. The tokens are now […]
Market Analysis
Will Maker rally? Top places to buy Maker
Against the backdrop of all-pervasive market gloom, Maker DAO’s MKR token is a ray of hope. Its global traffic is consistently increasing, with most of it appearing to be from Poland, Korea, Japan and Russia. […]
Market Analysis
Luna Foundation Guard Seeks Funding as UST Crashes From Peg Again
The Luna Foundation Guard (LFG) has been battling to shore up its beleaguered UST stablecoin, which has crashed from its dollar peg yet again. If a massive crypto market slump wasn’t bad enough, the world’s […]
Ethereum
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Langauge Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings. Source link
Blockchain
Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale – Blockchain Bitcoin News
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to […]
Market Analysis
Terra (LUNA) Drops 52% In a Single Day – Multi Coin Analysis
Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including Terra (LUNA), which fell considerably on May 9. BTC Bitcoin (BTC) had been trading inside an ascending parallel channel since Jan 21. […]