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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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Mike Novogratz Remains Bearish on Crypto as Bitcoin Drops to 52-Week Low

Mike Novogratz Remains Bearish on Crypto as Bitcoin Drops to 52-Week Low

Bitcoin has collapsed to the lowest level since July 2021, and Mike Novogratz believes that crypto investors should prepare for more pain During Galaxy Digital’s recent earnings call, CEO Mike Novogratz predicted there was more

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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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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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Bitcoin Retrace to $33,900 Could Be Sign of “Truly Notable Bounce” Coming: Santiment

Bitcoin Retrace to $33,900 Could Be Sign of “Truly Notable Bounce” Coming: Santiment

Data provided by analytics vendor Santiment shows that the current plunge of Bitcoin is in fact the market shaking off "weak hands" As the major digital currency fell below $34,000, trader sentiment also fell to

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Whale Holding 1.14 Trillion SHIB Buys Another 57 Billion Coins

Whale Holding 1.14 Trillion SHIB Buys Another 57 Billion Coins

This Ethereum whale continues buying Shiba Inu and increases his meme coin stash WhaleStats reported that the Ethereum whale ranked 72nd on this crypto data service’s scale has acquired a huge chunk of Shiba Inu,

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Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Bitcoin’s nosedives continued in the past 24 hours as the asset just doesn’t seem to stop losing value. Most altcoins are in a similar or even worse position, with massive price drops from Ripple, Solana,

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Mass Liquidations Hit Traders as Crypto Market Takes a Tumble

Mass Liquidations Hit Traders as Crypto Market Takes a Tumble

The crypto market has seen over $260 million liquidated in the past 24 hours as lows not seen since Nov are swept. Ethereum (RTH) accounted for most of the losses, followed by bitcoin (BTC). Ethereum traders saw

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New data regarding stablecoin activity says this about the market sentiment

New data regarding stablecoin activity says this about the market sentiment

The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet

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