Showing posts with tag "terra usd ust"

Bitcoin Struggles Near $29K As S&P 500 Briefly Falls Into Bear Market; Terra’s DeFi Ecosystem Loses Nearly $28 Billion

Bitcoin is still struggling near $29,000, as activity on Bitcoin (BTC) options signals that investors are becoming more bearish. In

April 18, 2024
tags
news

Do Kwon, Co-Founder of Terra (LUNA) Under Investigation in South Korea for Alleged Ponzi Scheme

Following the collapse of two major cryptos earlier this month, the CEO of Terraform Labs could face criminal charges. According

April 21, 2024
tags
news

Terra’s Co-Founder Suggests a Hard Fork To Save the Terra Ecosystem

After last week's de-pegging of the stablecoin and price meltdown of LUNA, Terra's founder, Do Kwon, has offered a new

April 17, 2024
tags
news

Here Is What Indicators Suggest About Bitcoin, Ethereum, and Altcoins’ Recent Rebound; Do Kwon Wants To “Restart” Terra

Bitcoin (BTC) rose to an intraday high of $30,016 on May 13 as buyers deemed it oversold. Bitcoin reached its

April 19, 2024
tags
news

TerraUSD Crash Rattles Crypto Stablecoins as Tether Regains 1:1 USD Peg

The collapse of the TerraUSD stablecoin sparked widespread fear in the cryptocurrency community. However, things have greatly calmed down in

April 17, 2024
tags
news

Terra’s Do Kwon Proposes Recovery Plan for LUNA and UST Stablecoins After Crash

Do Kwon, the Terraform Labs founder, and CEO, has broken his Twitter silence to announce the Terra network's next moves

April 20, 2024
tags
news

Binance Suspends Terra Withdrawals Amid UST Crash

As LUNA's price plummeted sharply due to a massive selloff, the market value of UST, Terra's stablecoin offering, went below

April 23, 2024
tags
news

Terra Founder-“Worry Not About Bitcoin”, Here Are the Predictions As Bitcoin and Altcoins Selloff; Terra Buys $1.5 Billion Worth of BTC

The Luna Foundation Guard has purchased $1.5 billion in bitcoin to boost the reserves of its most popular stablecoin, UST.

April 17, 2024
tags
news

Gala, Alitas, CELR Ride to All-Time Highs Amid Bitcoin and Altcoins Consolidation; Here Are the Predictions!

Bitcoin (BTC) is presently consolidating below $48k after rebounding to highs of $48,475 on Sept. 15. The majority of Altcoins

April 21, 2024
tags
news