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Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7

Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7

Terra’s LUNA has dropped more than 60% in 24 hours Terra’s LUNA plunged to $23.50 on the Binance exchange earlier today before regaining ground. At press time, the embattled cryptocurrency is trading at $28. Flagship

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2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’

2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’

While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list shows the leading crypto has

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As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per

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Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity

Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity

As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to

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Cardano’s Charles Hoskinson: We Are in a Bear Market

Cardano’s Charles Hoskinson: We Are in a Bear Market

The American entrepreneur and founder of Cardano – Charles Hoskinson – opined that ADA (the native token of his blockchain protocol) has been underperforming recently because crypto is in a bear market. In his view,

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Investors Turn Away from Crypto as Interest Rates Rise and Bitcoin Falls

Investors Turn Away from Crypto as Interest Rates Rise and Bitcoin Falls

Rising interest rates amid sluggish growth have turned investors away from riskier assets including bitcoin, which has fallen to a year-to-date low. Bitcoin fell to a level not seen since July last year, falling below

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30.8 Million ADA Presently Sit in Whales’ Portfolios, ADA Sheds 12%

30.8 Million ADA Presently Sit in Whales’ Portfolios, ADA Sheds 12%

WhaleStats reports that top 100 BSC wallets are presently holding 30.8 million ADA According to WhaleStats, more than 30.8 million ADAs are currently in the wallets of whales, especially the top BSC whales. WhaleStats tracks

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Polkadex Wins 16th Polkadot Parachain Slot Auction with Almost 1 Million DOT Contributed

Polkadex Wins 16th Polkadot Parachain Slot Auction with Almost 1 Million DOT Contributed

Novel Substrate-based cryptocurrency exchange secured Polkadot (DOT) parachain slot with largest crowdloan With a secure parachain slot, Substrate-Centric Polkadex (PDEX) aims to become the go-to cross-network exchange for the DeFi and Web3 eras. Polkadex (PDEX)

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Lido Finance (LDO) Rallies by 20% on Binance Listing News

Lido Finance (LDO) Rallies by 20% on Binance Listing News

Second biggest DeFi platform's governance token is now listed on top-tier exchange According to the announcement on Binance’s official website, the platform is preparing for the Lido DAO (LDO) token listing at 11:00 UTC. The

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Cardano Reports Massive Spike in Number of Plutus Scripts on Network

Cardano Reports Massive Spike in Number of Plutus Scripts on Network

Cardano shows increased development activity as number of Plutus Scripts is on stable rise gimbal Knowledge The Twitter account reported an increasing number of Plutus Scripts since April 8, showing active development on the network

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