As comebacks go, it wasn't much. But Bitcoin will take what it can get at this point.
Bitcoin was recently trading above $31,000, up about 3.5% over the past 24 hours and roughly 16% from the $26,600 depths it sank to mid-Friday."Bitcoin did indeed face downward pressure that saw it losing the $30K support, but it did not fall below the 25K level," Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, wrote to CoinDesk.
ADA, AVAX and AXS posted increases ranging between 9% and 11%. BCH was among the few losers earlier Sunday.
thesamreynolds JPRubin23 I think soon it can cost more usdt
thesamreynolds JPRubin23 Now the mainstream currency has fallen a lot, and only by changing to the stable currency USDT can stop the loss in time. I use the smart quantification of coinbase wallet to move bricks every day to obtain my cryptocurrency stably.
thesamreynolds JPRubin23 If Luna is not helped today, you can be sure that crypto collapse is starting today. LUNA
thesamreynolds JPRubin23 will you look at that! BTC moves and this outlet decides to release this article!
thesamreynolds JPRubin23 *cough* LUNA *cough*
thesamreynolds JPRubin23 should this exploit be fixed?
Thank you very much_,,,!
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Terra Dapp Expo canceled following chaotic week for Terra network'The decision was not made lightly and is crushing news for everyone involved,” the expo organizers said on Twitter.
Source: TheBlock__ - 🏆 464. / 53 Read more »
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talksGAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts. No no hi ikokouuuuytttyyy ….what the incident exposed was a flaw in the algo peg model that needs to be fixed. If they get a $3bn bailout what stops a recalcitrant Wall Street with a $4bn war chest from shorting them….all over again?.. Buh bye.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Terra Skyrockets 1000% On Bullish Sentiments As Traders Envision LUNA As “The Next Shiba Inu”After losing over 99% of its total value on Thursday, LUNA’s price surged over 1000% to $0.0005395 on Saturday, igniting bullish sentiments...
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues SayBasis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees. stablekwon And so what ?… Repetition bring perfection, everyone fail in one or two ways before getting it right.. stablekwon The site says four people have committed suicide stablekwon He deliberately crash making a huge lifetime amount😑😑 why ya all mad
Source: CoinDesk - 🏆 291. / 63 Read more »
Terra network halt leaves LUNA-based ETPs unable to tradeVanEck, Valour and 21Shares have been forced to halt their LUNA-based exchange-traded products (ETPs) as the Terra Network remains halted. manatee_one Sad to see it
Source: TheBlock__ - 🏆 464. / 53 Read more »
Do Kwon pitches revival plan for Terra blockchain, with distributions to LUNA and UST holdersDo Kwon, the co-founder and CEO of Terraform Labs, pitched a revival plan proposal on Friday following the collapse of the algorithmic stablecoin UST and its related Terra-based asset, Luna. If you are a normie and you are about to ape in for cheap luna, don't do it. Wen moon, Luna? Don’t publish his bullshit
Source: TheBlock__ - 🏆 464. / 53 Read more »