Bitcoin
Soluna Receives $35M From Spring Lane to Build Green Data Centers
The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million. Source link
Bitcoin
Bitcoin
Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push
BVNK, a banking and payments platform targeting businesses seeking crypto integration, has raised $40 million in Series A funding. Source link
Bitcoin
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of near $24K
Weak sentiment around stablecoins may have contributed to USDT’s depegging this morning. Source link
Bitcoin
Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
Losses exceeded $1.2 billion in the past 24 hours, the highest so far this year. They came as major cryptocurrencies saw steep drops: Bitcoin fell 11%, BNB Chain’s BNB lost 26%, and Solana’s SOL lost […]
Bitcoin
Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
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Bitcoin
APE, AVAX, SOL, SHIB All Lose 20% In Crypto Crash
The crypto market has deep-dived to 11% in just 24 hours. It’s been in the hole or behind and most coins (led by LUNA) have been suffering major losses such as Avalanche, ApeCoin, Solana, and […]
Bitcoin
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
“After this analysis, we felt, and continue to feel, that UST will ultimately maintain its peg and a number of attractive opportunities had become available,” Arca CEO Rayne Steinberg wrote to investors on Tuesday. “For […]
Bitcoin
Market Wrap: Cryptos Extend Losses as LUNA Plunges
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana’s SOL token saw a 30% dip. Option traders are seeking downside protection. Source link
Bitcoin
Bitcoin Funding Rates Remain Unmoved Despite Plunge To $30,000
Bitcoin funding rates had taken a plunge at the beginning of May. While this had not been a pronounced bear trend at that point, the price of BTC was already showing some signs of weakness. […]
Bitcoin
The LUNA and UST Crash Explained in 5 Charts
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday. Source link