staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market.
The world's largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 a.m. ET on Friday, according to CoinGecko data, up 8% in the last 24 hours after it dropped to levels not seen since late 2020 earlier this week. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for
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BitMEX Joins Binance and Other Exchanges, Removes Luna Perpetual Futures as Price Dives to $0BitMEX has joined an array of exchanges in Luna's delisting process after the token drops even further as suspended trading
Source: Utoday_en - 🏆 295. / 63 Read more »
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Bitcoin NewsThe issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar. UST Terra SHIBA INU perfectly 🌠💯 Free Airdrop SHIB SHlBT0KENEVENT I think it's the owner of the Coin who sells the community that ends up getting REKT...
Source: BTCTN - 🏆 531. / 51 Read more »
South Korean Exchanges Warn LUNA Investors as UST Collapse Mirrors TITAN SagaWith LUNA and UST getting crushed in the market, two South Korean exchanges issued warnings to users dealing with the two tokens. If anyone is buying $LUNA, they are using your money to bailout $UST. While $LUNA is minting coins diluting, everytime they do, is only going to send $LUNA negative. People do not under economics. Dumb. $Titan Titan coin still lives on… will LUNA? nakacrypto mcuban TITANisourDOGE LUNA TitanDAO
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Do Kwon Reveals Terra's Proposed Rescue Plan to Save LUNA and USTTerra Founder Do Kwon has accepted a community proposal that aims to help UST reach the dollar parity.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Luna Foundation Guard's Reserve Balance Declines to Zero to Defend UST PegLuna Foundation Guard (LFG) has moved all of its reserves to bitcoin exchanges to defend its UST stablecoin’s 1:1 dollar peg. LFG’s reserve balance has declined from 80,394 BTC to zero, and the majority has been deposited onto the Gemini exchange. 'All About Bitcoin' host Christine Lee breaks down the Chart of the Day. LFG_Reserve Gemini glassnode cryptocom super cycle
Source: CoinDesk - 🏆 291. / 63 Read more »
Terra, Luna and UST: How we got hereThe situation surrounding TerraUSD is complicated and has unfolded exceedingly fast. Here's what you should know so far. for those who got wrecked
Source: TheBlock__ - 🏆 464. / 53 Read more »