The Luna Foundation Guard (LFG) has been battling to shore up its beleaguered UST stablecoin, which has crashed from its dollar peg yet again. If a massive crypto market slump wasn’t bad enough, the w...
Tag: LuNa
Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet?
As Terra ecosystem’s UST stablecoin untethered over the weekend, LUNA slipped frantically as well, losing approximately 95% of its value. The efforts to rescue UST continue as LFG – the entity that ac...
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...
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’ – Markets and Prices Bitcoin News
Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin losing parity with USD, prices have plunged, falling to a new low this morning....
Terra Price Analysis: LUNA Plunges 75% in 24 hours, Why is the Cryptocurrency Price Crashing?
Terra(LUNA) has had a cyclonic week with the cryptocurrency falling at a whooping rate. The crypto asset is experiencing drastic days as the whole cryptocurrency market starts rallying bearish notifyi...
Terra (LUNA) Price Hits Below $10, Is the Price Heading Towards Zero ‘0’?
Terra’s (LUNA) price is plunging very hard amid the deep bearish market sentiments towards the crypto. The price quickly slashed more than 90% in just 2 days, heading firmly towards 0. On the other ha...
Luna Foundation Guard Looks To Raise $1 Billion To Shore Up Embattled UST
The Luna Foundation Guard is looking to raise $1 billion from investors as the dollar-pegged stablecoin plummeted to nearly half its value amidst turmoil in the broader market. According to reports, t...
Going ‘To Zero’—Panic Is Sweeping Crypto Markets, Hitting The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin BTC and cryptocurrency markets have fallen sharply after the controversial algorithmic stablecoin TerraUSD (UST) dropped further from its dollar peg (following a serious “ripple” w...
Terra UST stablecoin dives below $1 peg; luna cryptocurrency down 80%
Bitcoin, the world’s largest cryptocurrency, has fallen over 50% since setting an all-time high of nearly $69,000 in November. Dan Kitwood | Getty Images The two main tokens from embattled crypt...
Terra (LUNA) Falls Over 85% In Weeks, Losses Position In Top 25
– Advertisement – Terra (Luna) is feeling some severe heat. Back in April, Terra Luna’s price was soaring at an impressive $119. Since then, a lot has changed, and the Terra Luna community...
UST Lose Its Peg, Terra (LUNA) Price Crashes More Than 90%! What’s the Recovery Plan?
Over the past few weeks, the cryptocurrency market is trading at an alarming rate dragging almost every cryptocurrency along with it. Among such cryptocurrencies is Terra blockchain’s LUNA. Over the ...
Terra price analysis: LUNA falls below $10 as the market bleeds out
TL;DR Breakdown Terra price analysis suggests a downwards movement to $1.00 LUNA faces strong bearish pressure as the sell-off continues The closest support level lies below $5.00 The Terra price anal...
LUNA Collapses Below $16 as TerraUSD Remains Unpegged
Terra (LUNA)’s price collapse from Monday continues, now tracing down beneath $16 per coin. Meanwhile, the network’s dollar-pegged stablecoin TerraUSD (UST) continues trading at just $0.8, far below i...
Binance suspends LUNA and UST withdrawals amid market turbulence
Crypto exchange Binance has suspended withdrawals of LUNA and UST tokens as the Terra-based stablecoin struggles to recover its peg to the US dollar. Binance announced the temporary suspensions in a b...
Binance temporarily suspends LUNA, UST withdrawals citing network congestion
As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the...
Why Is Terra Luna and UST Price Dropping? What’s Really Going On? » NullTX
With the recent crypto bloodbath, most cryptocurrencies are down roughly 20% this week. However, Terra Luna has been down over 78% in the past seven days, and its stablecoin TerraUSD (UST) is down ove...
Binance Suspends Withdrawals of LUNA and UST
Binance has temporarily suspended withdrawals of the two major Terra blockchain tokens including LUNA, the native token of Terra, and Terra USD (UST), Terra’s flagship algorithmic stablecoin. The exc...
LUNA Nosedives A Staggering 60% As Binance Disables Terra Withdrawals — What’s Next For UST? ⋆ ZyCrypto
Advertisement     Global cryptocurrency exchange Binance announced Tuesday it had suspended withdrawals for Terra’s LUNA and its sister token UST. The firm’s actions c...
Crypto Exchange Binance Temporarily Halts Withdrawal of $LUNA and $UST on the Terra Network ⋆ ZyCrypto
Advertisement     Leading cryptocurrency exchange, Binance has announced a temporary halting of $LUNA and $UST withdrawals. The two digital tokens run on the Terra net...
LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue – Market Updates Bitcoin News
LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowe...
Terra (LUNA) Price Down 50%! Should You Hodl For A Rebound?
Terra (LUNA) is now in the headlines of the crypto industry. As marketers find it difficult to digest the ongoing pegging-de-pegging catastrophe. Which has led to TerraUSD (UST) price falling below ...
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 ...
Why Are Terra (LUNA) and Calyx Token (CLX) Fantastic Investments Worth HODLING?
– Advertisement – The total value of all cryptocurrencies surpassed $3 trillion in November. That’s even more impressive when you consider how quickly the industry established itself — the...
Binance Halts LUNA Withdrawals as Terra Token Plummets 50%
Binance announced that withdrawals for Terra’s LUNA and UST tokens had been “temporarily suspended” today. The firm halted withdrawals “due to a high volume of pending withdrawal transactions,” addin...
Terra (LUNA) Drops 52% In a Single Day – Multi Coin Analysis
Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including Terra (LUNA), which fell considerably on May 9. BTC Bitcoin (BTC) had been trading inside an ascending p...
Binance Temporarily Suspends LUNA Withdrawals
Top cryptocurrency trading platform Binance has halted LUNA and UST withdrawals due to network congestion and slowness. Due to a significant volume of outstanding withdrawals, LUNA and UST withdrawals...
Luna Foundation Guard Empties $2.2B Bitcoin Wallet to Save UST
The Luna Foundation Guard (LFG), a non-profit organization aimed at bolstering the Terra blockchain, has recently emptied $2.2 billion worth of bitcoin from its Bitcoin reserve to save the Terra stabl...
Stress Test for LUNA & UST, Is it a Maximalist’s Co-ordinated Attack or Terra’s Peg-Mechanism Failure?
The crypto space witnessed yet another brutal attack as the star crypto fell beneath $30,000 for the first time after the July 2021 crash. The price marked its 2022 lows at around $29,730 and quickly ...
Binance halts UST and LUNA token withdrawals
The price of the Terra (LUNA) cryptocurrency fell 60%, under $25 for the first time since September 2021, as of press time. Following these developments, crypto exchange Binance announced that it was ...
LUNA, STEPN and BAYC Decline as the Crypto Market Bears Take Charge – crypto.news
Over the weekend, the cryptocurrency market experienced a massive sell-off. Bitcoin and the broader market lost around 10%, trading at around $33,500 as of the end last week. LUNA Crashes According ...
Crypto Exchange Binance Suspends Withdrawal of Terra (LUNA) and UST Stablecoins
The UST stablecoin de-peg with the U.S. Dollar has created a storm on Satoshi Street. Earlier today, the UST price dropped to a low of $0.60 de-pegging by a staggering 40% from the Dollar. This has re...