
Bitcoin and Crypto Market Recover but Terra LUNA Crashes to $0
After heavy correction, crypto investors get a breather as the broader crypto market shows recovery. Is this a trend reversal or just a dead cat bounce?
After heavy correction, crypto investors get a breather as the broader crypto market shows recovery. Is this a trend reversal or just a dead cat bounce?
Doge has shown a correlation with the stock market as the rest of the crypto assets. The ongoing sell pressure has been fueled by both macroeconomics and geopolitical tensions.
It has become known that Terra has halted the blockchain for the second time in 24 hours.
Binance became the largest cryptocurrency exchange due in part to its high trading volume, and the delisting of LUNA may be a move that may be considered by other prominent trading platforms.
In addition to the Bitcoin adoption, Emirates is also working on a plan for NFTs and Metaverse.
The company is looking to build infrastructure for enterprises, developers and merchants to transact on the Lightning network.
Pal predicted that the next four weeks would be “highly unsettling.” He said positions will get taken out and shot, and there may be no safe place for investors.
The album will be released on May 13. The NFT drop will take place on May 17. After the initial drop, users will be able to transfer and sell their tokens like most NFT products.
XTAGE will go live at the end of June. Initially, XP will launch crypto trading services only for Bitcoin. Customers will have a wallet that is capable of holding their BTC, however, the ability to transfer funds to a different wallet will not be included at launch.
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months.
Following a social media firestorm about customers’ funds due to impending bankruptcy, Coinbase CEO Brian Armstrong has cleared the air.
BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
The losses that are being recorded in the price of Bitcoin are being modeled by other altcoins as many slumped to levels that are yet to be seen in months.
Dogecoin is currently trading at $0.075, which is a 27% pullback in the last 24 hours and more than 90% fall from its all-time high.
Grayscale Investments stated in its SEC meeting report that GBTC has expanded to accommodate more than 865,000 investors.