Terra LUNA witnessed a massive crash last week, where the value plummeted by over 99.999%. Before the crash, LUNA was trading as a top ten cryptocurrency, but the collapse has sent its market cap to t...
Tag: Crash
U.S. SEC chair Reacts To Terra (LUNA) Crash! Rules & Disclosures Needed to Protect Investors – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin, the bellwether for the crypto market, took a beating this week by hitting a 52-week low, falling down to $25,402. This week’s massive variations are directly linked to the troubles of TerraUS...
US congress research agency weighs in on UST crash, notes gaps in regulation
The Congressional Research Service (CRS), a legislative agency that supports the United States Congress, has published a document that contains a rundown on algorithmic stablecoins and points out key ...
Nasdaq decline equates to Dot-Com crash. How does it compare to crypto?
Analysis shows that Nasdaq has lost over $7 trillion in value amid the market sell-off in 2022. Quantum Economics founder and CEOMati Greenspan highlighted on Twitter that $7.6 trillion had left the N...
Analyst hints crypto carnage ahead citing LUNA crash as ‘long-term positive’ thing
Gareth Soloway, the chief market strategist at InTheMoneyStocks.com, has projected that Bitcoin might correct further to a low of $12,000. Speaking during an interview with Stansberry Research, Solow...
These 8%+ Dividends Keep Your Income Steady In A Crash
Hundred dollar bills with the words “What’s Next?” getty With all the panic over the headlines these days, it’s a good time for us contrarians to step back and take stock—because the...
Tether stablecoin crash to follow Terra’s disaster? This is what we know.
The cryptocurrency market received yet another blow as there are rumors that a Tether stablecoin crash might happen. After TerraUSD UST collapsed, many investors started to question cryptocurrencies i...
S.Korea Govt Plans To Summon Do Kwon Over Terra Crash
The South Korean Government is reportedly planning to summon Terra founder Do Kwon for a parliamentary hearing over the Terra crash. The move comes after Terra’s value imploded from over $40 billion t...
$1.2 Billion in Bitcoin Was Liquidated During Last Week’s Crypto Crash
In brief From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations. Long positions took the brunt at the beginning, while short positions got burnt la...
Here’s how to Generate Profits from Staking Cryptos during a crash
Since the invention of cryptocurrencies, they have become an important investment tool for many mainstream investors. Digital assets have opened up a new financial system globally, not without risks. ...
Here’s why Luna UST crash is not crypto’s ‘Lehman Brothers’ moment
Investors were flummoxed by the sharp fall in Bitcoin’s value and that of other cryptocurrencies this past week, leading the total crypto market capitalization to plummet to as low as $1.23 trillion o...
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
Financial authorities in South Korea have beefed up crypto exchange inspections to boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens Per the announcement: ...
This Pattern Predicted LUNA Crash, According to Peter Brandt
Alex Dovbnya Hindsight 20/20? Peter Brandt claims that chartists could have predicted the implosion of Terra (LUNA) The disastrous implosion of one of the biggest cryptocurrency projects was in the ca...
Latest Market Crash Could Be Turning Point for Bitcoin and Crypto, According to Michael Saylor – Here’s Why
MicroStrategy CEO Michael Saylor is weighing in on the future of crypto a week after one stablecoin collapsed and sent ripples through the industry. In an interview with Fox Business host Charles Payn...
Luna Foundation Guard Loses 80,000 Bitcoin Worth Over $3B due to UST Crash
The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge. Following the crash of controversial stablecoin UST, the Luna Foundation Guard (LFG) ...
SEC Chair Gensler Responds To Terra Crash, More Regulation Due?
SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosin...
Terra Crash Spilled Over Into Other L-1 Blockchains, Here’s How
Terra’s recent crash appears to have undermined investor confidence in other major layer-1 (L-1) blockchains, data shows. The blockchain’s value imploded in the first two weeks of May, and is now trad...
Solana (SOL) NFT Trades Moon Amid Crypto Crash
Solana NFT marketplaces have proven to be one of the fastest growing NFT marketplaces, after their number of users skyrocketed to 250,000 traders in just the months of April and May. This is according...
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native ...
Home affordability at 2007 bubble level but crash unlikely: Blackstone
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely du...
Shiba Inu Holders Increase Amid Market Crash, But There’s A Catch
The number of entities holding popular memecoin Shiba Inu (SHIB) hit record highs during the recent crypto crash, as prices dropped to attractive levels. But the token also saw its whale holders fall ...
Cardano Rallies 50% From May 12th Crash, is the Bottom in?
ADA has rallied over 50% since the crash on May 12th, with the price now sitting under a key resistance. Key Support levels: $0.40 Key Resistance levels: $0.60, $0.75 In the past few days, ADA entere...
Amidst Terra’s Drastic Crash, The LFG sold 80,082 From Its BTC Reserves
The whole crypto space was under a catastrophic drop after the Terra (LUNA) token bottomed 99% in just two days where the Blockchain’s stablecoin UST depegged leading to the crypto crash. LUNA was cre...
How did the crypto crash happen and why?
During the past week, there has been a true crypto market crash, fuelled by a general panic selling environment. The causes of the crypto market crash It is enough to consider that seven days ago the...
Michael Saylor Says The Market Crash Will Speed Up Regulation Around Stablecoins ⋆ ZyCrypto
Advertisement     It has been a rollercoaster month for the crypto markets that saw the shocking crash of Terra’s native coin and stablecoin offerings wiping billions ...
Bitcoin, Ethereum Price Crash May 2022. What Next?
cryptocurrencies getty I’ve been drawing this and similar charts for months now: The bitcoin chart: heading sharply downwards Credit: ADVFN I actually think this will come to rest around $15,000 and $...
Grayscale Debuts European Crypto ETF Despite Market Crash
Grayscale Investments on Monday said it is launching several new European-listed products as part of its cross-Atlantic debut. The asset manager will launch the Grayscale Future of Finance UCITS ETF i...
Luna Foundation Guard Reserves Decimated By Terra Crash
The Luna Foundation Guard (LFG) revealed on Monday that the recent Terra crash, and its measures to support UST had wiped out most of its reserves. Its holdings now stand at about $260 million- a far ...
The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash
Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a...
UK Treasury en route to legalizing stablecoins amid Terra’s UST crash
United Kingdom’s Department of Treasury, or Her Majesty’s Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the de...
Why Do Crypto Crash? Here Are Some Important Reasons
Cryptocurrencies are not strange to uncertainties, as price volatility remains a curse and a blessing to the thriving space. Digital asset prices continue to remain unstable for a period as fluctuatio...