– Advertisement – South Korea makes its first arrest in connection with Terra ecosystem collapse. South Korean authorities have arrested an executive of TerraForm Labs (TFL), the company ...
Tag: Collapse
Terra’s Collapse Destroyed Faith in Stablecoins. Can Maker Restore It?
DAI never says die. Some have called DAI’s over-collateralized design capital-inefficient, but one of MakerDAO’s protocol engineers says that’s why DAI has become the largest, longest-running de...
Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data
LUNC is the native token of the Terra Classic blockchain, which imploded this May, wiping out $60 billion in market value; the project’s algorithmic stablecoin lost its peg to the dollar, and LUNC, th...
Trader Who Nailed 2022 Bitcoin Collapse Predicts Big Correction for XRP, Updates Outlook on Two Low-Cap Altcoins
The crypto analyst who accurately predicted Bitcoin’s (BTC) crash this year says XRP is likely due for an over 50% decline. The psuedonymous analyst known in the industry as Capo tells his 541,600 Twi...
Credit Suisse and Deutsche Bank on the Brink of Collapse?
Two major European banks are rumored to be in trouble with potentially massive ramifications for crypto and wider markets. The strength of both Credit Suisse and Deutsche Bank have recently been calle...
The US and UK Currency Collapse for Bitcoin in Record Numbers
The individual currencies of the US and UK collapsed as it effectively sold for Bitcoin. If this trade was for capturing the volatility, then the similar spikes in May 2021 and March 2020 can be seen....
Bitcoin stable as Credit Suisse, Deutsche Bank rumored to be on verge of collapse
Bitcoin is holding steady amid rumors of a banking collapse, trading between $18,900 and $20,200 over the past three days. Investor Miles Deutscher drew parallels between the woes at Credit Suisse and...
The U.S. Dollar Could Collapse in Next 4 Months; Here’s How You Can Protect Your Finances
The dollar has responded favorably to the Federal Reserve boosting interest rates to historical levels, outperforming other global fiat currencies. Notably, one currency that is struggling versus the ...
Is Credit Suisse on the brink of collapse? Here’s what we know
Financial stocks dropped during Q3 2022 due to macroeconomic worries surrounding the war in Ukraine and rising energy prices in Europe and the UK. Additionally, the climbing interest rates piled on wo...
Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin
The co-founder of Ethereum (ETH) says the implosion of stablecoin issuer Terra (LUNA) earlier this year dealt a big blow to the decentralization of crypto. In an interview with The New York Times, Vit...
Ethereum on Verge of Collapse as This Indicator Hits New Multimonth Low
Arman Shirinyan Second-biggest asset on network facing series of problems after Merge Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. ...
EUR and GBP Ditched for Cryptocurrency as Fiat Currencies Collapse. – crypto.news
Investors dump the pound and euro for bitcoin as the currency value drops. Charts reveal massive trading of fiat currencies for crypto by investors across several countries. Investors Trade Fiat Curre...
Data hints at correlation between the S&P 500 now and during the 2008 collapse
Over the last month, the S&P 500 index, an index of the US 500 largest companies, lost over 8% as mounting pressures from inflation and rising rates are causing investors to abandon risk assets. ...
Analyst Who Predicted 2022 Bitcoin Collapse Says Epic Move Incoming – Here Are His Targets
A popular analyst and trader who accurately predicted Bitcoin (BTC) would collapse by up to 50% when it was trading at over $40,000 in March is now warning of new crypto market lows. Pseudonymous cryp...
Banks Dealt Fresh Blow With Collapse of Brightspeed Debt Sale
(Bloomberg) — For the second time in two weeks, Wall Street bankers suffered a painful reminder of how quickly risk appetite is evaporating from credit markets as a $3.9 billion debt sale for a ...
Twitter Thread Shows The Dark Side Of Terra Collapse
The Terra collapse is now four months gone, and things continue to develop around the why. Mostly, the attention has been on founder Do Kwon and others who were involved in the running and eventual do...
Was it Nord Stream that caused Bitcoin to collapse?
Nord Stream, one of the pipelines bringing Russian gas to Northern Europe, was sabotaged on Monday. On the same day, the price of Bitcoin dropped from $20,300 to $18,800 in the space of a few hours. ...
Former Goldman Executive Predicts Economic Collapse, Says He’s Loading Up on Crypto
Macro guru and Real Vision CEO Raoul Pays says that he’s loading up on crypto assets as he expects economic data to dramatically deteriorate over the next several months. In a new discussion on Twitte...
After the Terra Collapse, CZ says the Solution would be to Make a 1.2% Trading Tax
Join Our Telegram channel to stay up to date on breaking news coverage The notorious Terra environment breakdown, which expunged market rates for LUNA and TerraUSD coins, worries shareholders as found...
Epic Bond Collapse Is Met by a Growing Chorus It’s Time to Buy
(Bloomberg) — The worst bond rout in decades is drawing more investors to government debt, with JPMorgan Asset Management joining the growing camp of bulls. Most Read from Bloomberg Longer-dated...
Royal Mail share price unstoppable collapse is underway
Royal Mail Group (LON: RMG) share price collapse gathered momentum this week as concerns about the company’s future continued. The stock crashed by more than 3.40% on Wednesday and reached its lowest ...
Larry Summers called it again on the collapse of the British pound. Here’s how much worse it could get, analysts say
Britain’s currency is in trouble—and things could still get a lot worse for sterling, experts warn. The British pound crashed to an all-time low below $1.05 during early trade on Monday, before recoup...
Compute North’s CFO details the firm’s collapse amid first-day filings
A series of filings is providing more color on why Compute North filed for bankruptcy protection just one day after the firm began the Chapter 11 process. A hearing took place this morning to approve...
Weekly MacroSlate: Fed scores a hat-rick of 75bps hikes as currencies start to collapse worldwide against the DXY including Bitcoin
Macro Overview Fed scores a hat-trick The fed delivered its third consecutive 75 basis point hike accompanied by higher forecasts of future rates, pushing the dollar index and fixed income yields to n...
Lebanese People Turn to Crypto Amid the Country’s Financial Collapse: Report
Some of the tech-savvy youngsters in Lebanon have reportedly shifted their focus toward cryptocurrencies amid the current monetary crash Earlier this week, the government closed all local banks due to...
As Rupee, Euro, Yen Collapse in Price, Will Crypto Finally Have Its Day?
The Indian rupee hit a new all-time low on Friday in another turbulent week for the ever devaluing fiat currencies. At the interbank foreign exchange (FX) the rupee opened at ₹81.08 against the dollar...
Decade old whales selling Bitcoin hoard again; last time was during LUNA collapse
Long-term whales that have been holding their Bitcoins (BTC) for more than seven to ten years are selling them again for the first time since the Terra (LUNA) collapse in May, as Spent Volume Age Band...
Analyst Who Called May 2021 Bitcoin Collapse Says BTC in Opportunity Zone Despite Market Uncertainty
A popular crypto analyst known for calling the Bitcoin (BTC) May 2021 collapse says BTC is still in the “buy zone” despite the sputtering market. The pseudonymous trader known as Dave the Wave tells h...
Trader Who Called 2022 Bitcoin Collapse Details Crypto Outlook As FOMC Meeting Arrives
A veteran trader known for calling the last big Bitcoin (BTC) collapse this year is predicting an imminent relief rally in anticipation of the Federal Open Market Committee (FOMC) meeting Wednesday mo...
Investment advisor Adrian Day warns gold prices will collapse if Fed raises rates by 100bps
Adrian Day, the President of Adrian Day Asset Management and the portfolio manager of the Euro Pacific gold fund, has suggested that Federal Reserve (Fed) policies are likely to negatively impact the ...
Wealth manager Adrian Day warns gold prices will collapse if Fed raises rates by 100bps
Adrian Day, the President of Adrian Day Asset Management and the portfolio manager of the Euro Pacific gold fund, has suggested that Federal Reserve (Fed) policies are likely to negatively impact the ...