Bitcoin
Anchor Community Submits Proposal to Restore UST Peg
Community members form Anchor have submitted proposals to save the UST peg. Source link
Bitcoin
Bitcoin
Stepn’s ‘Move-to-Earn’ Model Has Crypto Analysts Seeing Value in Long Run
This blockchain-based application’s users must purchase a “virtual sneaker” NFT to earn crypto rewards. Consumer advisory: They start at around $800. Source link
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
Bitcoin
Market Downtrend Trigger Bitcoin Inflows From Institutional Investors
The market continues to be in disarray as the price of bitcoin has now fallen to the low $30,000s. This had been preceded by declining faith in the market thus translating to fewer inflows/more outflows […]
Bitcoin
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
Luna Foundation Guard’s billions of dollars in bitcoin without an actual infrastructure ready to deploy left Terra’s stablecoin UST vulnerable to a ‘Soros-style attack’, an analyst said. Source link
Bitcoin
Will Mercury In Retrograde Bring A Mood Shift In Bitcoin?
Bitcoin is in free fall, just as Mercury goes retrograde for the second time in 2022. The astrological event is blamed for all kinds of miscommunications and technology-related issues. It also appears to have a […]
Bitcoin
Bitcoin Miner Riot First Quarter Revenue Misses Estimate
The miner reiterates its hashrate guidance of 12.8 EH/s Source link
Bitcoin
Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop
Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a $205M loan should BTC dip below $3,562. As bitcoin tracked stocks in the last 24 […]
Bitcoin
Bitcoin Long-Term Holders Start Capitulating Amid Panic
On-chain data suggests Bitcoin long-term holders have started to capitulate recently as the sharp price drop causes panic in the market. Bitcoin CDD Inflow Indicator Jumps Up, Showing Long-Term Holders Have Been Selling As pointed […]
Bitcoin
Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount
As inflation peaks, bitcoin traders should be wary of reading too much into data. Source link