
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.
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.
BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
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.
USDT slipped to $0.96 on FTX but remained at $0.998 on Bitfinex.
Do Kwon’s UST and Luna rescue plan requires the absorption of both assets before their exit before the dollar parity process begins.
While the platform will support only Bitcoin and Ether trading initially, it will add support for other cryptocurrencies along the line.
Along with crypto tax guidance, Germany is now also working on a supplementary document that will address the cooperation between the federal states and their commitments to the subject.
The new leaders of the council are committed to helping the members channel their resources in a bid to enhance the connectivity that the metaverse is expected to bring across the board.
The platform will be powered by the ISK Tokens which will serve as the exclusive asset for the platform’s pioneer Non-Fungible Token (NFT) and also be deployed as the governance token along the line.
According to data, almost all the largest NFT collections in the market are down by a considerable margin.
UST’s decline has prompted calls from the US government on the stablecoin regulation.