Investors sold stocks, especially shares of banks, and other risky assets ahead of the U.S. jobs report on Friday. Bitcoin has lost 9% over the last 24 hours, dropping below $20,000, a level the crypt...
Tag: Spiral
Bitcoin Could Spiral to $200T in 9 Years Claims Cryptographer
Blockstream CEO Adam Back took to Twitter to claim that Bitcoin could hit a $200 trillion market cap in around nine years. The British cryptographer based his findings on the BTC movement over the las...
TuSimple Holdings stock on a downward spiral on looming layoffs
After losing nearly 96% year-to-date, TuSimple Holdings Inc. (NASDAQ:TSP) stock decline could be far from over. Stock market reports over the weekend indicated that the company was looking at cutting ...
Once A Powerhouse, West Indies Is On A Downward Spiral That Spells Trouble For Test Cricket’s Future
West Indies were thrashed by Australia in the two Test series (Photo by Mark Brake – CA/Cricket … [+] Australia via Getty Images) Cricket Australia via Getty Images “We’ve lost the fear fa...
Snowfall Protocol (SNW) Up by 500% while Algorand (ALGO) and OKB (OKB) Go in a Downward Spiral
Place/Date: – November 24th, 2022 at 2:37 pm UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol When it comes to the cryptocurrency industry, new developments happen all the tim...
Nexo allays customers’ fears as FTX’s death spiral claims more victims – crypto.news
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announ...
CityCoins Spiral Down in Value
CityCoins, described as crypto-yielding venues to support one’s favorite cities, have drastically declined in value, sparking concern among crypto enthusiasts. The bearish trend that struck the crypto...
Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades
Spiral, under Jack Dorsey’s Block, which has pledged to make mining more decentralized, supports three developers of Stratum V2 – Matt Corallo, Fi3 and Pavlenex. Other core contributors are Rach...
Pope Francis Condemns Russia’s Annexation Of Eastern Ukraine—And Urges Putin To Stop ‘Spiral Of Violence And Death’
Topline Pope Francis made his first personal appeal for Russian President Vladimir Putin to end the “spiral of violence and death” in Ukraine on Sunday, days after Putin announced Russia w...
The Role of Decentralized Oracles During Crypto Death Spiral Events
Earlier this year, in May, the cryptocurrency world stood in shock as one of the most successful blockchain projects in the past year crashed to “effectively” zero. By now, most of you reading must ha...
Can Lionsgate Successfully Relaunch ‘Saw’ On Third Try?
HOLLYWOOD – OCTOBER 23: Actor Tobin Bell arrives at the Los Angeles cast and crew screening of Lionsgate’s “SAW IV” held at Mann’s Chinese 6 Theater in Hollywood, Califor...
Don’t slip into a recession doom spiral — focus on these 5 things ‘within our control’
Don’t slip into a recession doom spiral — focus on these 5 things ‘within our control’ With doom and gloom headlines coming out every day about rising interest rates and a likely recession, you’...
Will Bitcoin Price Plunge More from a “Miner Death Spiral”?
Bitcoin is garnering interest from the oil and gas industry and is spiking concern for using renewable energy for operations. Sad State Of BTC Mining The “cost to mine Bitcoin” in the United States h...
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miner...
Bitcoin Closes June Below $20K, BlockFi Acquisition Rumors Spiral, MSTR Buys the Dip: This Week’s Crypto Recap
It’s been another seven days of declines and choppy price action for the cryptocurrency market, which ended up losing around $50 billion of its total capitalization. Bitcoin closed its worst quarter i...
Bitcoin Blockchain Begins To Awaken From Death Spiral
Data shows the latest selloff has caused the Bitcoin blockchain activity to come back to life after it had stayed muted for a while now. Bitcoin On-Chain Activity Returns As The Selloff Continues Acco...
ViaBTC Capital | After UST’s Fall, Can NEAR’s Stablecoin USN Avoid a Similar Death Spiral?
Background In May 2022, UST and LUNA, which once recorded a total market cap of over $40 billion, collapsed overnight, and plenty of users suffered huge losses as a result. Following the crash, algori...
Is NEAR at risk of suffering the same death spiral fate as LUNA
The LUNA and UST crash have shifted the spotlight on other crypto projects running decentralized stablecoins, such as NEAR’s USN. The latter is among the fastest-growing blockchain networks. However, ...
Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It
May has been an explosive month for cryptocurrency, with huge market crashes and the complete collapse of LUNA causing a massive downturn in average trading figures. To add to this news, Coinbase’s re...
Anchor saw $1 billion of liquidations during UST and Luna’s death spiral
Terra-based lending protocol Anchor saw more than $1 billion in liquidations last week, the largest liquidation event for a single protocol. This happened as both the crypto market collapsed and the T...
What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback » NullTX
1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the w...
Terra Foundation Created “Death Spiral” on Its Own Stablecoin, According to Willy Woo
Leading on-chain analyst Willy Woo has highlighted a major flaw in Terra’s UST design that may have potentially created a “death spiral” for both LUNA and UST assets. Woo saw the mai...
Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on May 12. As the market slowly gained clarity on what transpired, the trad...
Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral
Things are not getting any better for the Terra ecosystem as Binance has now decided to delist LUNA and UST trading pairs. On May 13, Binance, the world’s largest crypto exchange by volume, posted a n...
Terra Death Spiral Hits $3 as Bailout Rumors Fade
Key Takeaways Terra’s LUNA token is down another 90% today. Efforts to restore UST’s dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community ...
SwissBorg report explains cause of the “death spiral” of UST
The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading at just $0.59 at writi...
Shale Giants Dump Oil Hedges as Losses Spiral Toward $42 Billion
(Bloomberg) — U.S. shale giants stung by billions of dollars in hedging losses are spending big bucks to ditch their positions in a risky bet that prices stay high. Most Read from Bloomberg Comp...
Shiba Inu Stuck In Downward Spiral! What’s in Store For SHIB Price In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Shiba Inu has fallen below a level of support and is still on the decline, although the tiny increase in buying volume could be significant. This is because, despite the bearish market structure, this...
Why Are Bitcoin Mining Rigs In A Downward Spiral
Data shows the prices of Bitcoin mining rigs have been going down for a while now as profitability for miners has been observing a shrink. Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Rec...
Waves Stablecoin Crash Sparks Death Spiral Fears
Key Takeaways The flagship stablecoin of the Waves network, Neutrino USD, has depegged after rumors of “death spiral” risks began circulating on Twitter. USDN is currently trading around t...
Why a ‘1970s-style’ inflation spiral is a growing threat, according to a major hedge fund
One of the world’s largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report. “This combination of high inflation, tight labour markets, and u...