Cryptocoins News / Blockchain - 2 years ago
(BTC) to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone.
Even though Bitcoin had regained momentum to hit $27,769 during intraday trading, the top crypto continues to limp b...
Cryptocoins Exchanges / Binance - 2 years ago
https://preview.redd.it/8ykzh5ovm0z81.jpg?width=973&format=pjpg&auto=webp&s=6db9bdb1f98e89455bf0109e9e8127493fd385c1 Check out the latest article on DOGEKINGDAO submitted by /u/Leather_Care_997 [link] ...
by COINS NEWS - 2 years ago
I just took a trip over to r/terraluna and I have to say, most of us are hurting right now but those people literally lost everything. There is post after posts of users actively contemplating suicide after losing everything. I know it’s easy to dunk...
by COINS NEWS - 2 years ago
No joke. No recent posts. The Reddit page r/terraluna has shut down as most posts were about suicide. In all my years of investing I’ve never seen such a rapid reversal of fortune as witnessed in 24hrs of the LUNA/UST debacle. (Ok - well maybe Black...
Cryptocoins News / Blockchain - 2 years ago
The Terra community is almost in disarray as the ecosystem’s two flagship tokens, including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen.
While the algorithmic UST stablecoin has completely l...
Cryptocoins News / The Cointelegraph - 2 years ago
The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin spread wide across the cryptocurrency market on May 11 as projects with any kind of association with the decentralized finance (DeFi) ecosystem have seen their pric...
Cryptocoins Exchanges / Binance - 2 years ago
Hi, so in the wake of the... crash... I've decided I'll be holding no matter what. I figured a nice way to make some quick profit (if the coin does recover) would be to put it in some liquid swaps and get some fees from people panic selling....
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto "Fear and Greed Index," which uses volatility, volume, social m...
Cryptocoins News / The Cointelegraph - 2 years ago
Cryptocurrency investors never thought they’d have to ask whether TerraUSD (UST) or LUNA would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded. As the algorithmic stablecoin UST lost its...
Bitcoin News / Bitcoin.com - 2 years ago
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra...
Cryptocoins News / The Cointelegraph - 2 years ago
Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra's native stablecoin TerraUSD's (UST) peg with the U.S. dollar.Major AVAX dump ahead?AVAX's price dropped about 30% to reach $32.50 on May 11, its lowest...
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra's LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be a rescue plan for the Terra community.LUNA is down 90% f...
Cryptocoins News / CoinJournal - 2 years ago
LUNA has dropped more than 90% in the past 24 hours, while UST remains more than 54% off its dollar peg at $0.43.
Terraform Labs CEO Do Kwon has outlined how the cryptocurrency platform plans to handle the de-pegging from the US dollar that has ove...
Cryptocoins News / The Cointelegraph - 2 years ago
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets.Data from Cointelegraph Markets Pro and TradingView showed both the firm’s in-house token, Terra (LUNA) and stable...
Cryptocoins Exchanges / Binance - 2 years ago
Binance has temporarily suspended Luna Network (is it working yet). I tried a small transfer yesterday and still hasn't came through. I'm trying to transfer from Terra Station to Binance. Would I need to transfer to another CEX first then con...
by COINS NEWS - 2 years ago
Key facts to consider - Prior to the crash 40% of UST was locked in Anchor with no unlock period(?) - however other staking protocols have an unlock period of multiple days to get your UST back. The price of Terra is at $15.45 with a marketcap of...
Cryptocoins Exchanges / Binance - 2 years ago
Terra ecosystem algorithmic steblecoin – UST – again lost its peg to the U.S. dollar. On the night of May 10, its price fell below the $0.62 level. Is this a repeat of the waves situation? Or this time we can say good bye to LUNA and Terra ecosystem?...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cointelegraph Markets P...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cointelegraph Markets P...