In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar at the time of writing. No, we haven’t ...
Tag: Collapses
LUNA Collapses to $0.69 As Terra Founder Do Kwon Outlines Plan To Rebuild Ecosystem
Terra founder Do Kwon has revealed a plan to rebuild the project’s ecosystem following LUNA’s 99% collapse from its all-time high to below $1 and TerraUSD (UST) losing its dollar peg. In a Twitter thr...
Rumors run riot as UST collapses amid Yellen report on stablecoins
Rumors are circulating online that Citadel Capital may be behind the UST crash as Janet Yellen announces a report on stablecoins. The hedge fund, which is well known for its involvement in the shortin...
Luna Collapses – Trustnodes
Luna, the crypto that is meant to stabelize the UST dollar token, has collapsed, falling 93% in just a few days down to $2 from a high of $120. “The last 72 hours have been extremely tough,” said Do K...
LUNA Collapses Below $16 as TerraUSD Remains Unpegged
Terra (LUNA)’s price collapse from Monday continues, now tracing down beneath $16 per coin. Meanwhile, the network’s dollar-pegged stablecoin TerraUSD (UST) continues trading at just $0.8, far below i...
Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7
Alex Dovbnya Terra’s LUNA has dropped more than 60% in 24 hours Contents Not decentralized Making things worse Terra’s LUNA plunged to as low as $23.50 on the Binance exchange earlier today before r...
Bitcoin Collapses to $30,000 Amid Relentless Sell-Off
Alex Dovbnya The world’s largest cryptocurrency is now down more than 9% in a single day The price of Bitcoin (BTC) has plunged to yet another 52-week low of $30,838 on the Bitstamp exchange earlier t...
Palantir Stock Collapses After Disappointing Earnings—CEO Warns Threat Of Nuclear War ‘Significantly’ Underestimated
Topline Shares of big-data analytics firm Palantir Technologies, which specializes in military software, plummeted to a record low Monday morning following a disappointing earnings report and a cautio...
Bitcoin Collapses to 10-Week Lows, Binance Backs Musk’s Twitter Deal With $500M: This Week’s Crypto Recap
Bitcoin’s price crashed to levels that we last saw on the day that Russia invaded Ukraine. Moreover, the entire market lost over $150 billion of its capitalization as the past 24 hours caused nothing ...
BTC Collapses 10% in a Day, Here’s The Next Critical Support
Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis By: Edris Daily...
Bitcoin Collapses By Most In Nearly A Month
Bitcoin fell to its lowest level in nearly a month as the optimism that had pervaded global markets following the Federal Reserve’s meeting on Thursday quickly vanished. On Thursday, sellers returned ...
Crypto Markets Shed $150B as Bitcoin Collapses to Lowest Point Since Russia’s Invasion (Market Watch)
After failing at $40,000 two days ago, bitcoin was violently rejected and dumped by over $4,000 in hours to its lowest price point in over two months. The alternative coins are also buried in red, wit...
Dow Jones Dives As Bears Maul Stocks On These Fears; Health Stocks Hit As HCA Collapses; 3 Stocks Craft Bases
The Dow Jones Industrial Average took a dive as fears over the economy caused stocks to swoon. Health was among the worst areas as HCA Healthcare (HCA) collapsed after earnings. Verizon Communications...
‘Fantastic Beasts 3’ Collapses With Mere $20 Million Friday
(L-R) JESSICA WILLIAMS as Eulalie “Lally” Hicks, CALLUM TURNER as Theseus Scamander, JUDE LAW as Albus Dumbledore, FIONNA GLASCOTT as Minerva McGonagall, DAN FOGLER as Jacob Kowalski and EDDIE REDMAYN...
ICHI token price collapses by 99% in latest DeFi debacle
On April 11, the price of DeFi protocol Ichi’s native token suddenly collapsed, losing most of its value. The token, which was worth $143 prior to the crash, has now dropped to as low as $1.70 —...
Bed Bath & Beyond Stock Collapses After Earnings ‘Disaster’—Expert Warns ‘Reality Is About To Hit Hard’
Topline Shares of brick-and-mortar retailer Bed Bath & Beyond plummeted Wednesday after the firm reported an unexpected loss and acknowledged more vulnerabilities in its business than it had previ...
BitMEX lays off 75 employees after bank acquisition collapses
Crypto exchange BitMEX has laid off about a quarter of its staff globally just days after abandoning plans to acquire a German bank. The company — which is owned by 100x Group — currently employs roug...
BitMEX’s Strategy To Take Over German Bank Collapses
Strategies for BitMEX owned organization, BXM operations, to purchase Bankhaus von der Heydt are now into ashes. As per the experts, agreement was likely called out for administrative issues, but ther...
Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses – Featured Bitcoin News
The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not s...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Will China come to the rescue as ruble collapses?
The USD/RUB remained at elevated levels as investors continued to focus on the ongoing crisis in Russia. The pair is trading at 106.20, which is a few points below the all-time high of 109.56. It has ...
Bitcoin Demand Explodes As Russian Ruble Collapses to Less Than $0.01
Key Insights: The value of Russia’s Ruble against the United States Dollar is worth less than a cent. To prevent a further collapse, the Russian Central Bank raised the interest rates to 20% from 9.5%...
ETH Collapses to $2.5K, Where to Next?
Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 The correction appears to have ended, at least in the short term, with the price touching the key support at $2,500. Now there ...
The value of Miamicoin collapses
After having decided, like his counterpart in New York, Eric Leroy Adams, to have his salary paid in Bitcoin, the mayor of Miami Francisco Suarez, a great admirer of cryptocurrencies, had also launche...
Former SEC employee on team and COIN collapses- The Cryptonomist
Coinbase appoints as its new Senior Public Policy Manager, former US Securities and Exchange Commission (SEC) employee Thaya Knight. At the same time, the value of COIN, the cryptocurrency exchange’s...
Peter Schiff Predicts Nightmare Bitcoin Crash If It Collapses Through These Vital Support Levels ⋆ ZyCrypto
Advertisement     Gold bug Peter Schiff has pounced. The notorious Bitcoin skeptic claimed BTC is primed for a feverish plunge if it breaks through critical support. T...