Coinbase has decided to suspend the trading of wrapped Luna (WLUNA) and TerraUSD (UST). Terra’s LUNA and TerraUSD (UST) have faced drastic price fluctuation lately as they both crashed. Bi...
Tag: TerraUSD
Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks ⋆ ZyCrypto
Advertisement     Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, ...
Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash
Crypto exchange giant Coinbase is announcing plans to suspend trading of TerraUSD (UST) and Wrapped Luna (WLUNA) on all levels of the platform. Coinbase Assets recently made the announcement on Twitte...
TerraUSD: Major exchanges delisted some stablecoins
The cryptocurrency market recently witnessed one of its most significant downturns when primary tokens lost around 20 percent of their value in one day. Added to this decline is TerraUSD, labeled as a...
Is The Crypto Crash A Sign Of Trouble Or A Time To Buy The Dip?
Q.ai Key Takeaways: Bitcoin plunged in value this week, and other cryptos followed suit Some investors are losing their life savings, while others are considering buying the dip Q.ai’s Crypto Kit can ...
We’re Only “Halfway There”—Insiders Warn Of 80% Meltdown As Price Of Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin In Free Fall
This week brought the most brutal crypto rout of 2022. Yesterday, the bitcoin price was down 26% for the week. Ethereum’s price crashed 35%, BNB BNB 41%, dogecoin 42%, cardano 44%, XRP XRP 39%, solana...
Here’s everything you need to know about TerraUSD, Tether and other stablecoins
Update on 13 May at 09:49 UTC – Paolo Ardoino, CTO of Tether and Bitfinex tweeted that Tether has cut some holdings of commercial paper. In the accompanying news article, Ardoino explained that ...
How was the Terra(LUNA) & TerraUSD (UST) Impact on the Crypto Space?
The post How was the Terra(LUNA) & TerraUSD (UST) Impact on the Crypto Space? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Crypto markets bleed red as...
As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way
When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its ...
Treasury Secretary Janet Yellen to Discuss Stablecoin Today Amid TerraUSD (UST) Crash
– Advertisement – Janet Yellen, the United States Treasury Secretary, is scheduled to testify later today before the U.S. House Committee on Financial Services. According to people famili...
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the ...
Citadel Securities and BlackRock Refute Rumors Trading TerraUSD (UST)
3 hours ago | 2 mins read Editors News One of the most shared tweets on Twitter was the foundation of the conspiracy theory. In separate emails to Forbes, the companies refuted the rumors. This mornin...
This is Why TerraUSD (UST) May Hit $1 Before Terra (LUNA) Price!
Terraform labs, in the recent days dumped the whole BTC reserve and dragged the entire crypto space into a deep bearish well. Bitcoin price visited the rock-bottom levels, hitting the support levels t...
Terra Sacrificing LUNA to Save TerraUSD (UST) Forces Coin to Plunge Below $1
– Advertisement – Terra (LUNA) has continued its free fall from glory as the cryptocurrency fell below $1 on popular cryptocurrency exchange Binance. No one thought they would see LUNA fa...
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...
After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming
Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the former Goldman Sa...
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 ...
Bitcoin (BTC) investors panic as terraUSD (UST) sinks below $1 peg
Bitcoin is now down 50% from its November all-time highs. Artur Widak | Nurphoto | Getty Images Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its i...
LFG Poised to Maintain TerraUSD (UST) $1 Peg as the Organization Reportedly Raises Additional $2 Billion
– Advertisement – Terra is doing everything possible to win back investors’ trust in a bid to bolster the value of its stablecoin back to the $1.00 peg. The Luna Foundation Guard (LFG), ...
Luna Foundation Guard Prepares $1,500,000,000 in Bitcoin (BTC) and TerraUSD (UST) To Protect Stablecoin Peg
As TerraUSD (UST) plummets in value, the Luna Foundation Guard says it’s preparing $1.5 billion in Bitcoin and UST to address market concerns about the stablecoin. UST, a stablecoin designed to be peg...
TerraUSD Stablecoin Plunges Below $0.95
Key Takeaways The price of TerraUSD has fallen below $0.95, an amount five cents lower than the coin’s intended $1.00 price peg. The stablecoin’s price began to slip on the weekend, then r...
What is terraUSD (UST) and how does it affect bitcoin?
Pedestrians walk past a display of cryptocurrency Bitcoin on February 15, 2022 in Hong Kong, China. Anthony Kwan | Getty Images A multibillion-dollar bet that bitcoin can act as a “reserve curre...
TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%
A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem with an incre...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
USD Coin [USDC] vs TerraUSD [UST]- Investors can consider this winner
It seems like the armies are gearing up for a battle of stablecoins. Looking at the top ten cryptos by market cap, it’s clear that Tether [USDT] reigns supreme. However, USD Coin [USDC] is the fifth b...
TerraUSD (UST) Becomes Third Largest Stablecoin – crypto.news
TerraUSD (UST), the most popular stable currency in the Terra ecosystem, has now become the third-largest stablecoin in the cryptocurrency market. This comes amid continued efforts by Terra to prop up...
TerraUSD [UST] flips Binance USD [BUSD] in market cap but here’s the caveat
If your eyes are glued to Bitcoin’s every twitch or the second-by-second spasm of alt coins, you might have missed a battle taking place between two well-known stablecoins, that ended with the decisiv...
Terra (LUNA) Purchases $100,000,000 More Worth of Bitcoin (BTC) As TerraUSD Launches on Crypto Exchange Binance
Ethereum challenger Terra (LUNA) continues to build up its Bitcoin (BTC) reserves as the world’s largest crypto exchange Binance adds support for its stablecoin, TerraUSD (UST). Terraform Labs CEO Do ...
Here’s how TerraUSD managed to surpass Shiba Inu in market cap rankings
Shiba Inu is looking at an unfortunate moment in the next few days or weeks if the meme coin carries on with its current momentum. In doing so, not only will it lose its investors but also its social ...
TerraUSD staking now supported by Binance
TerraUSD staking attracts investor interest for its high yield of around 20% APY, and is now supported by Binance exchange. The yield from staking UST on Anchor Protocol, now around 19.5% APY, is refl...
Terra (LUNA) Community Burns 4 Million LUNA Tokens To Build TerraUSD (UST) Reserves
The Luna Foundation Guard (LFG), a blockchain community centered around the Terra network, said it had burnt 4 million LUNA tokens to mint about 372 million of the stablecoin TerraUSD (UST). The UST ...