Bitcoin Dominance Soars, Altcoins Collapse, Terra 2.0 Underway: This Week’s Crypto RecapBitcoin’s dominance soared over the past week as altcoins keep bleeding out. Meanwhile, Terra 2.0 is also underway.
Over the past seven days, Bitcoin’s price declined by 4%. Even though this may sound like a considerable drop, the broader market took a heavier beating. Altcoins came crashing down a lot harder than BTC, which resulted in a soaring Bitcoin dominance.
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After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum's Valuation Shrinks – Market Updates Bitcoin NewsAmid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. We're not worried 😇 LIKE IF YOU ARE LONG TERM BULLISH FOR BTC People, we need to tell everyone about this!
Source: BTCTN - 🏆 531. / 51 Read more »
Terra to burn 1B UST from the community pool as holders vote for itThe proposal also included the burning of the remaining cross-chain UST that’s deployed in the Ethereum blockchain.
Source: Cointelegraph - 🏆 562. / 51 Read more »
New Terra Blockchain Expected to Launch on Saturday, Luna Airdrop to FollowTerra’s new blockchain will be launched on Saturday followed by an airdrop of new luna tokens to users as part of a broader plan to revive the Terra ecosystem, developers confirmed on Friday. By shauryamalwa shauryamalwa The terra group can burn in the hell shauryamalwa They have to take care of people shauryamalwa Niceee lets go!! Ive just sold 70% of my cryptos, I had about 20 k Fiat to invest, from now on till Do know dont go to jail I will play crypto like a cassino a gamble game a piramide
Source: CoinDesk - 🏆 291. / 63 Read more »
After Terra (LUNA) Debacle, Polkadot Founder Urges People to Pay More AttentionThe turbulence caused by Terra's flagship stablecoin UST is being discussed at the world’s biggest business tables.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Billionaire Mark Cuban Pours Cold Water on Terra 2.0Mark Cuban has joined other prominent individuals in dismissing Terra 2.0 mcuban sincitydragon is he negative too?
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