TRON DAO Reserve Receives 700M USDC to Defend USDT Peg

5 hours ago | 2 mins read Altcoin News During Monday’s turmoil, the USDD stablecoin dropped slightly to $0.977 per unit. Tron DAO Reserve had to deploy money to protect the $1 parity. In light of Terr...

Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet

Tron (TRX) founder Justin Sun says the Tron DAO Reserve will deploy $2 billion to defend the Decentralized USD (USDD) peg. Sun recently unveiled his plan to keep TRX and stablecoin USDD from collapsin...

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity – Bitcoin News

After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped signifi...

More Selling Pressure On Ethereum As Large Defi Protocols May Sell $900 Million In ETH To Defend Their Positions

– Advertisement –   Ethereum In The $1,100-$1,200 Range With $900 Million In Liquidation Pressure From DeFi Protocols. While the larger crypto market stays red, Ethereum seems to be faced ...

USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg

While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress, causing fears and speculation within the communi...

Avalanche price analysis: AVAX finds support at $18, can the bulls defend the level?

TL;DR Breakdown Avalanche price analysis suggests sideways movement below $20.00 The closest support level lies at $18.04 AVAX faces resistance at the $20.00 mark and further above at $22.32. The Aval...

21 human rights advocates write a letter to U.S. lawmakers to defend crypto

Despite the cryptocurrency market expanding at an unprecedented rate and digital assets becoming adopted almost everywhere as an alternative to traditional money, some authorities have taken a very cr...

Tezos: Is there a shorting opportunity on the cards as XTZ fails to defend $2 support

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Tezos has been bearish on higher timeframes,...

The Sandbox [SAND] manages to defend $1 level but can it sustain a breakout

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Sandbox was steadily moving lower and lower on the price char...

Cardano [ADA] needs to defend this zone for a sustained rally

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.  Cardano, one of the most popular altcoins t...

Coinbase Reveal Plans to defend themselves from unstabilized Market Conditions 

Due to the crypto market’s decline, Coinbase will not hire anyone for the next 14 days and will cease some of its business projects. Coinbase appears to have been impacted by the recent cryptocurrency...

Loopring: LRC bulls looking to defend a crucial support area but…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin’s losses since April have had a strong impact on the price...

Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop. In a tweet on the day, on-chain monitoring resource Wh...

Decentraland: MANA rejected at a supply zone as bulls fight to defend $1 level

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The outlook for Bitcoin remains bearish on the lower timeframes af...

LINK prices bleed as buyers fail to defend key support of $7.0

Chainlink price analysis recently illustrates the market is in a downtrend as the prices have shed $9.77 percent in the last 24 hours. The buyers have failed to defend the key support of $7.0, which h...

Luna Foundation Sold 80K Bitcoin in ‘Last Ditch Effort to Defend’ UST Peg

The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3.5 billion bitcoin it held in reserve “as a last ditch effort to defend the [UST] ...

Luna Foundation Guard has now dumped $2.4 billion from its Bitcoin reserves in failed attempt to defend TerraUSD peg

Luna Foundation Guard, the second largest known holder of Bitcoin, liquidated almost its entire reserves last week worth billions in a failed attempt to defend the Terra UST stablecoin peg. Ever since...

Luna Foundation Guard Breaks the Silence and Reveals How Much Was Spent to Defend UST’s Peg

The Luna Foundation Guard (LFG) finally broke the silence and revealed exactly how much they spent to defend the UST peg throughout the events of last week. As CryptoPotato reported, UST – the algorit...

Market Crumbles As LFG Moves To Defend UST Peg

Luna Foundation Guard has announced that it would take decisive steps to proactively defend the larger Terra economy and the UST Dollar peg. The move comes after its algorithmic stablecoin, TerraUSD, ...

Luna Foundation Guard says it will lend out $1.5 billion in BTC and UST to defend stablecoin peg

The Luna Foundation Guard (LFG) said Monday that it will lend out hundreds of millions of dollars worth of bitcoin and the stablecoin UST in order to defend the latter’s peg amid a period of mar...

Luna Foundation Guard Deploys $1.5B to Defend Troubled UST Peg

The Luna Foundation Guard (LFG), a non-profit organization supporting all things Terra, has recently announced that it will lend $1.5 billion to protect the peg of its algorithmic stablecoin UST amid ...

Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it, purchased...

Brutal Attack on Bitcoin Continues, BTC Price Could Crash to $25,000 if Institutions Fail to Defend These Levels!

Bitcoin, the star crypto which has a decade long history, just came into the limelight a couple of years ago. It was when the strength of fiat currency was weakening due to the turbulence caused by th...

MicroStrategy to defend BTC price if strength decreases-“never get” to $21,000

Concerns about surrender have led MicroStrategy to reveal critical details about what it would do if Bitcoin’s price strength decreased. With hours to go before fresh Federal Reserve cues, Bitcoin (BT...

MicroStrategy could defend $21k BTC to stop a margin call

The MicroStrategy Q1 earnings call has revealed that they have a vested interest in keeping Bitcoin above $21,000 should there be a market capitulation. MicroStrategy currently owns 129,200 bitcoins, ...

Dorsey, Saylor Defend Bitcoin Mining in Letter to EPA

Key Takeaways Some of Bitcoin’s biggest advocates have defended Bitcoin mining in a letter to the Environmental Protection Agency. The letter refutes a plea to investigate the negative environmental i...

How Will The Phoenix Suns Defend Luka Doncic During The Western Conference Semifinals?

DALLAS, TEXAS – JANUARY 20: Chris Paul #3 of the Phoenix Suns talks with Luka Doncic #77 of the … [+] Dallas Mavericks on the court at American Airlines Center on January 20, 2022 in Dalla...

Ripple Continues to Hold Above $0.62 as Bulls Defend Current Support

Apr 29, 2022 at 15:15 // Price The price of Ripple (XRP) is in a downtrend as the price consolidates above the $0.62 support level. Ripple (XRP) Price Long-Term Forecasts: Bearish The current pr...

Novak Djokovic Cleared To Defend Wimbledon Title, No Vaccination Required

TOPSHOT – Serbia’s Novak Djokovic kisses the winner’s trophy after beating Italy’s Matteo Berrettini … [+] during their men’s singles final match on the thirteenth ...

South Korean music sharing platform will use NFTs to defend copyright

Koong World has been given a green light for NFT patents Koong World began in 2021 It distributes 80% of its earnings to artists Koong World has been granted a South Korean patent that utilizes non-fu...

Can Ethereum bulls defend the last support and mount a rally to $3,500

Ethereum price has shattered one-half of a significant support confluence, suggesting that the bears are taking control. However, the said foothold still holds true and hence, the chances of reversal ...

Gnosis Chain Performs The Significant Update To Defend Against Possible Safety Risks

Gnosis Chain has upgraded its network to address the vulnerability that allowed hackers to steal $11 million from two DeFi protocols on its network last month. All Gnosis Chain application builders ma...