So far 2022 hasn’t been kind to stocks and crypto with losses all across the board. Bitcoin lost 37%, of its value despite hitting an all-time high six months ago. Similarly, the S&P 500 dropped a...
Tag: Heres
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially due to fears connected to Terra (LUNA) and it’s a near-d...
Prominent Influencers Of Crypto Space Calls Terra UST A Castle Of Cards! Here’s Why?
According to Tether (USDT) and Paolo Ardoino, Bitfinex chief technology officer, the Terra (LUNA) project was not actually created for a rug pull, instead it is one that is of a poor design. While tal...
Here’s How Terra Blockchain Plans To Support Its LUNA & UST Holders – Coinpedia – Fintech & Cryptocurreny News Media
Recently Terra (LUNA) had one of the worst crashes where the price bottomed below $1 along with the blockchain’s stablecoin, UST which got de-pegged. This price action by Terra affected the whole cryp...
Large Crypto Losses May Not Become Instant Tax Write-0ffs, But Here’s What You Can Do
Tired businesswoman in the office getty What Happened The recent crypto market downturn and the upcoming recession fears have led many investors to sell their cryptocurrency positions at huge losses t...
Worried About Retiring During a Market Crash? Here’s What You Need to Know
SmartAsset: Worried About Retiring During a Market Crash? Here’s What You Need to Know With bonds and stocks selling off side by side, retirees may have a reason to fear their well-diversified p...
Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why
After a choppy Thursday, Bitcoin has once again surged over 3.5% moving past $30,000. Yesterday, we reported how it could be a classic case of a bull trap. Today’s bounce back above $30,000 levels cou...
Here’s What Galaxy Digital CEO Mike Novogratz Thinks About UST and LUNA Meltdown
On Twitter, Mike Novogratz, Founder, and CEO, of Galaxy Digital (GLXY.TO), shared his views about UST and LUNA meltdown via a public letter linked to the tweet. Due to the macro backdrop, the reserve...
Here’s How Tether (USDT) Plans on Improving the Quality of Reserves
Tether, a stablecoin issuer, claimed in the first quarter of this year that it lowered its commercial paper holdings to strengthen the integrity of its reserves. Tether announced today that its commer...
Here’s Why Bitcoin Looks Ready to Plunge Further: Bloomberg
Yuri Molchan Bitcoin looks shaky on the chart, making another drawdown possible Contents These signs indicate further price fall is likely Peter Schiff expects BTC to go down for similar reasons Accor...
Crucial Time For Cardano Holders! Here’s What Metrics Hints For ADA Price!
Since the time Cardano has plunged from its prime resistance level, Cardano is having a tough time dealing with the strong bearish influence. The Cardano’s native ADA price action still depicts a bear...
Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower
A widely followed analyst and trader says that the crypto market could copy its 2018 playbook. Pseudonymous trader Altcoin Sherpa tells his 175,700 Twitter followers that this year “could very well” t...
Billy Markus, Co-founder of Dogecoin Warns and Advises Crypto Investors , Here’s What He Says
The co-founder of Dogecoin advises crypto investors to do their homework and keep informed about their investments. Analysts have discovered a bullish pattern that might trigger a rally in Dogecoin as...
SWIFT Plans To Interlink All CBDCs, Here’s Why
Even as central banks of various economies explore CBDCs, SWIFT is advancing cross-border payments involving digital currencies. While most of the central bank digital currency (CBDCs) focus on achiev...
Is Solana [SOL] NFT market in trouble? Here’s what you should definitely know
The crypto market has been reeling under bearish pressure for quite some time now. But a few altcoins have defied the current market structure. One such alt was Solana. In the last seven days, SOL was...
Terra’s UST Causes A 20% Dump In DeFi Token Curve (CRV), Here’s How
The native token of DeFi giant Curve (CRV) slumped 20% on Thursday after the platform proposed removing support for UST. CRV plummeted to as low as $0.9- its lowest level in 16 months. It is now tradi...
Here’s Why Harley-Davidson Is Pausing All Production
Harley-Davidson (HOG) – Get Harley-Davidson, Inc. Report bikes are known for being loud and intense, but supply chain issues are forcing the company to go quiet for the next two weeks. The Mil...
Here’s How the Collapse of TerraUSD Will Impact Stablecoins, According to Bloomberg Strategist Mike McGlone
Senior Bloomberg analyst Mike McGlone says algorithmic stablecoins relying on market growth may be done for the foreseeable future. In a new interview with Cointelegraph, the commodities strategist sa...
Is ApeCoin [APE] finally tired of swinging? Here’s what the metrics say about stability
ApeCoin [APE] has achieved a good deal of fame – and notoriety – thanks to its reputation of being a monkey token that swings both high and low without warning. But are recent events a sign that the t...
Goldman Sachs Says Buy These 2 Dividend Stocks; Here’s Why
Since early this year, Wall Street has faced a storm of macro headwinds that have turned last year’s bullish run into a bearish trend. Year-to-date, the NASDAQ is down 27%, and the S&P, with a los...
Crypto Analyst Predicts ‘Brutal’ Bitcoin (BTC) Rally Catches Bears off Guard – Here’s His Target
A closely followed crypto strategist is unveiling his next price target for Bitcoin (BTC) that will massively defy BTC’s current downtrend. Pseudonymous analyst Credible tells his 332,300 Twitter foll...
Here’s The Worst Case Scenario For Stocks, According To Goldman, Deutsche Bank And Bank Of America
Topline Amid heightened recession fears, major Wall Street firms now warn that the ongoing market selloff, which is on track for seven consecutive weeks of losses, could get much worse—with stocks set...
Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
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...
Stocks slammed by ‘chain reaction’ — here’s what pros are saying
Horror has returned to Wall Street trading desks and the portfolios of the average investor. “Wednesday’s sell-off really seems like a chain reaction, with the weakness in retailers feedin...
Markets haven’t acted like this since 1981 — and here’s how that played out
You have to go all the way back to 1981 when stocks, bonds, inflation-protected bonds and industrial metals were all slumping simultaneously. The S&P 500 index SPX, -0.73% has retreated 18% this y...
Here’s What You Need To Know About The Rare Virus Found In The U.S., U.K. And Europe
Topline Cases of monkeypox, a rare infection typically found in specific parts of Africa, have been confirmed in Europe, the U.K. and the U.S., while more than a dozen more are suspected and experts a...
Terraform Labs’ Legal Team Members Resign! Here’s Why
Terraform Labs’ in-house legal staff left shortly after the failure of Terra’s algorithmic stablecoin wreaked havoc on cryptocurrency markets. Both LUNA and UST saw their prices plummet. Terra’s block...
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...