Last week, Terra (LUNA) suffered a complete and utter implosion; however, investors continue to trade the token despite its enormous fall, which saw the price of LUNA lose its value by 99%, plummeting...
Tag: Crash
IOTA Price is looking good at $0.33, but NOT so fast! Crash soon?
The recent crash did not spare any cryptocurrency on the market. Most tokens lost an average of -50% in valuation. IOTA is not different, as its prices sank from a high of $1.6 to a current price of 0...
crypto crash has little effect on the US economy 1
Goldman Sachs has pointed out that the recent crash in the crypto market will have little effect on the United States economy in the long run. The country is working tirelessly to evade recession as i...
El Salvador Faces No Easy Exit From Worsening Crisis Amid Crypto Crash
A central American country, El Salvador, has been buying Bitcoin since September. However, the country’s big bet on crypto has collapsed in recent weeks because the cryptocurrency washed out roughly a...
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder
As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of both retail and institutional investors, it doesn’t pose a risk to the larger crypto ec...
This Investment Firm Lost Entire LUNA Holding! $10 Million Vanished After Terra (LUNA) Crash! – Coinpedia – Fintech & Cryptocurreny News Media
According to a recent blog post, Delphi Ventures, the cryptocurrency research firm Delphi Digital’s fund, has lost around $10 million following the crash of Terra’s LUNA. Traders of Terra’s LUNA token...
Pantera Capital Sold 80% of LUNA Tokens Before Massive Crash!
Pantera Capital, one of Terraform Labs’ most prominent supporters, sold out over 80% of its Terra (LUNA) investment before the currency’s fall last week. In a recent interview with The block, Joey Kru...
Terra Crash Causes Ripple Effect Among Crypto Startups, Here’s How
Crypto startup StableGains, which offered customers access to DeFi yields, may be in trouble after putting a bulk of its funds into Terra. The firm offered depositors a 15% yield by locking their fund...
The Bitcoin And Ethereum Crash, Nasdaq Crash And 3 Unbelievable Charts
getty getty I believe every generation has its rock and roll. For old Boomers it was rock and roll, for young Boomers and GenX it was computers, then the next generation got Nintendo, then it was the ...
Jobless Claims Keep Rising Unexpectedly—Experts Worry Stock Market Crash Could Have Spillover Effects On Economy
Topline As markets fend off one of the worst sell-offs in nearly two years, new jobless claims posted an unexpected increase for the third straight week on Thursday, according to data released by the ...
The Big ‘Winner’ From the Crypto Crash? USDC Stablecoin
In brief UST stablecoin lost its peg at the start of May’s crypto crash. Tether’s market cap decreased. USDC stablecoin’s market cap increased. When Terra and its UST stablecoin coll...
Did Do Kwon Dissolve Terra LUNA’s Korean Entity Days Before Crash? Know The Truth
Do Kwon, the creator of Terraform Labs, has a new Wikipedia article up and running that details his fall from grace. According to Wikipedia, Do Kwon attempted to dissolve Terraform Labs in Korea just ...
Economist H. Dent predicts Bitcoin crash to $3k before shooting to ‘$500k in next global boom’
Recent instability in the cryptocurrency market, hampered by increasing interest rates and growing inflation, has led to several industry analysts forecasting a market collapse in 2022. Speaking with ...
Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash
The tweet links to a longer letter in which Novogratz reminded readers that it has been a “brutal macro backdrop” for all risk assets in 2022, with any number of growth stocks down 50%-70%...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
This may be the white swan to the black swan of UST’s crash
UST’s crash was the black swan event which confirmed that crypto-winter is here. Additionally, the market’s failure to register significant recovery further enforced this conclusion. Investors are now...
Animoca Brands co-founder says web3 is growing despite the recent crypto crash
Animoca Brands co-founder Yat Siu believes the web3 ecosystem continues to expand rapidly despite the recent turmoil in the crypto markets, according to an interview with Bloomberg’s Stephen Engle on ...
South Korea Considers Tougher Crypto Laws After Terra Crash
In a bid to avoid further incidents like the Terra crash, South Korean officials are looking to build tougher legislation around cryptocurrencies. The recent Terra UST and LUNA collapse has raised cal...
Trader Who Predicted Terra Crash Expects This Token To Follow
Popular crypto trader @AlgodTrading (Algod), who famously predicted Terra’s fall from grace, said they now expect STEPN (GMT) to follow suit. Algod was a vocal critic of Terra, and had repeatedly call...
Terraform Labs’ Legal Team Quits After UST Crash – Another Blow To Kwon
The ongoing rigmarole with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn after a purported modification in job status for some members of the company’s legal staff. The int...
Looking to Buy the Dip after the Crypto Crash? Follow these steps first!
Over the last few weeks, traders across the market have been humbled by the performance of tokens in the market. Although most analysts have tipped the sector to experience a big break, none of them h...
Crypto Crash Marked by the Reclamation of $7.6B of Tether (USDT) Stablecoins – crypto.news
More and more digital investors are skeptical about the crypto crash, prompting them to cash out all their crypto assets. Since the crypto crisis began, investors have reclaimed funds totaling $7.6 bi...
Fear and Greed Index Hits 8; Lowest Since Covid-19 Crash of March 2020
The Fear and Greed Index is one of the simplest yet most popular indicators of cryptocurrency market sentiment. Today, its value dropped to 8 on a 0-100 scale, which last happened over two years ago d...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now the South Korean Conservative Party has requested a parlia...
US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash
The US CRS puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic fo...
South Korean Regulators Call for Emergency Inspection after LUNA Crash
As a result of the recent collapse of the TerraUSD and LUNA cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digit...
Black Box Data Reportedly Suggest China Eastern Jet Crash Was Intentional
Topline Data from a black box recovered from the wreckage of a China Eastern Boeing 737-800 jet that crashed in March, killing all 132 onboard, indicate someone in the cockpit intentionally caused the...
Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...