The biggest NFT collections by market capitalization, such as Bored Ape Yacht Club, Crypto Punks, CloneX and the freshest Otherdeed by Otherside, experienced a major hit and dropped from 10% to 20% of...
Tag: Crash
Market Crash Wipes Millions off Crypto Companies’ Stock Price
Major crypto companies have seen millions wiped off their stock value following the recent market crash. MicroStrategy, Silvergate Capital, Marathon Digital Holdings, Coinbase, and Galaxy Digital Hold...
TRON DAO Deploys $2 Billion to Protect TRX Following the LUNA Crash
With Terra getting in the news in the past several days for its failing stablecoin, Justin Sun reassured that the TRON DAO Reserve plans to allocate $2 billion to fight potential attacks against TRX, ...
Coinbase Faces No Risks of Bankruptcy Despite Market Crash and Disappointing Q1 Results, Says CEO
Following recent events in the crypto market, Coinbase CEO Brian Armstrong has put customers’ minds at ease by reassuring them that the US crypto exchange currently has no risk of bankruptcy, as some ...
‘Crypto Winter’ Sparks Coinbase Stock Crash As Bitcoin, Ether And Other Major Cryptocurrencies Crater
Topline Shares of popular crypto-brokerage Coinbase plummeted to a record low Wednesday after the firm reported a worse-than-expected loss spurred by dwindling trading volumes—prompting a flurry of an...
TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash
Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of days. TerraUSD (UST), a stablecoin pegged 1:1 to the U.S. dol...
Quadriga co-founder Michael Patryn trades UST crash for $760,000 gain
Michael Patryn, the co-founder of now-defunct exchange Quadriga CX, took a profitable punt on the stablecoin TerraUSD (UST) as it broke its peg with the dollar yesterday. According to transaction ana...
LUNA Crash to 1$! Proposal to fix UST is out, will LUNA recover soon?
Just a few weeks ago, traders were anticipating LUNA prices to break $100 again and continue soaring. In an unexpected turn of events, things got sour and LUNA collapsed to a current price of $1. This...
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on stablecoins to address risks to financial stability. In a Tuesday hea...
In what ways now Luna Foundation Guard is seeking to fund the crash pegging of UST stablecoin?
Amidst the tough situation that the market is going through, some digital assets seem to have the worst effects of all; Terra’s UST stablecoin is such an example The non-profit organization of Terra n...
Shiba Inu Is Rebounding Faster Than Dogecoin After Crypto Crash
In brief Shiba Inu is up about 6% over the past 24 hours following Monday’s wider crypto market declines. Rival meme crypto Dogecoin hasn’t seen as much of a bounceback, up less than 1% as of this wri...
MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?
Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...
Cardano Creator Mocks Terra After Price Crash
Alex Dovbnya Cardano’s Charles Hoskinson has hit back at Terra after severe price correction Cardano creator Charles Hoskinson took a swipe at Terra, a competing smart contract platform, in a re...
Amidst Crypto Crash Is MicroStrategy Liquidating Bitcoins or it’s just Conspiracy Theory?
The global cryptocurrency market cap increased slightly over the last 24 hours while Bitcoin also showed some signs of recovery. While Terra (Luna) is now out of even the top 20 cryptos, Dogecoin is b...
Michael Saylor Remains Positive on BTC Despite Market Crash
9 hours ago | 2 mins read Bitcoin News Michael Saylor urges investors to be confident on BTC. BTC’s current downfall did not affect MicroStrategy drastically. MicroStrategy has other plans for collat...
Are Institutional Investors Dumping Bitcoin Amidst Crypto Market Crash?
The Coinbase Price Premium began trading in the negative on May 2nd and according to Cryptoquant data, traditional financial investors accounted for the majority of Bitcoin sales. Institutional inves...
BTC and TRX purchased by Tron DAO reserved amid crash
TRON DAO Reserve has carried out a decentralized algorithmic stablecoin named USDD It has been launched on SunSwap, Sun.io, Curve, Uniswap, Ellipsis, PancakeSwap and KyberSwap The underlying invento...
Coinbase, PayPal and Other Bitcoin-Exposed Stocks Battered by Crash
In brief Bitcoin-exposed stocks are taking a beating. They could be in for a further jolt as Coinbase reports earnings on Tuesday afternoon. A massive sell-off in the crypto markets, which has seen Bi...
Ethereum Whales Grabbing These Altcoins Amidst Massive Crypto Crash – Coinpedia – Fintech & Cryptocurreny News Media
While the Crypto market has plummeted to an all time low in 2022, most of the crypto investors seem to be grabbing the buy the dip opportunity by purchasing stablecoins and few other tokens. Though th...
Crypto Market Crash Causes Carnage In Futures, Over $1 Bln Liquidated
Steep losses in the cryptocurrency market caused mass liquidations in the past 24 hours, recent data shows. While total market capitalization sank by 3% to below $1.45 trillion, the effect was magnifi...
Yellen Echoes Stablecoin Warning Citing UST Crash
Key Takeaways Treasury Secretary Janet Yellen has once again said that the U.S. needs to regulate the stablecoin market. Yellen noted UST’s recent depeg event in which the stablecoin crashed ami...
The Worst Of The Stock Market Crash May Be Yet To Come, According To Wall Street’s ‘Fear Gauge’ Signal
Topline As investors grapple with the worst-performing market in years, some experts have zeroed in on Wall Street’s so-called fear gauge as an indication that stocks have more room to fall—even...
How Crypto’s Crash Broke The Buck For TerraUSD
Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a ...
This Crash Has Changed Retirement. Here’s What We’ll Do
Mature woman looking at the computer in shock getty Most investors I speak to have no idea how much they’ll need to retire (and with the uncertainty we’re facing today, that’s totally understandable!)...
TRON DAO Reserve Bought BTC and TRX for $60 Million Amid Market Crash
Amid the market meltdown, the team behind the TRON DAO Reserve announced two acquisitions for the project’s stablecoin. Additionally, they welcomed Ankr as the fourth member of the Reserve. The past f...
Binance CEO Remains Bullish on Crypto After Massive Crash
Alex Dovbnya Binance CEO Changpeng Zhao has urged traders and investors to control their emotions as extreme fear grips the market Binance CEO Changpeng Zhao remains unfazed by the most recent cryptoc...
Crypto’s worst week since March 2020 Covid crash – Retail spooked and UST loses peg
A truly torrid week is being experienced by the crypto market as a whole. Bitcoin has fallen 25% so far, and lost 13% amidst frantic selling yesterday. The crypto market had nearly $200 billion erased...
Cynics dominate comments section of BBC Bitcoin crash report
The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the current state of affairs. The key takeaway was a strong positive cor...