‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.
What Crypto Ban? Chinese Users Are Really Curious About The Terra (LUNA) Fiasco And Bitcoin Crash
Even though the Chinese Government has put a blanket ban on cryptocurrency trading in the country, the people in the country continue to take keen interest in the ups and…
Fed: Sharp Interest Rate Spikes and Stablecoin Runs Pose Risk to US Economy
The United States Federal Reserve (Fed) has warned that a spike in interest rates and stablecoins could pose risks to the U.S. economy. The report contains the Fed’s assessment of…
Over $1B Liquidated In Crypto Markets As Bitcoin Briefly Drops Below $30,000
More than $1 billion was liquidated from crypto markets as Bitcoin (CRYPTO: BTC) lost support at $30,000. What Happened: According to data from Benzinga Pro, Bitcoin fell 8% on Monday…
Galaxy Digital Chief Predicts Crypto Mayhem Might Not Be Over — Here’s Why
Galaxy Digital CEO Michael Novogratz is expecting that the virtual asset market will be “volatile and difficult” for the next few quarters after posting weak results in Q1 2022. Novogratz…
Crypto bloodbath: Terra ecosystem hit hard; LUNA, UST dip by 60%, 40%
Crypto investors’ portfolios had been bleeding over the past few days. The RoI figures, however, became even more blood-soaked on Monday. With Bitcoin dipping below $30k for the first time…
Metaverse Land Prices Are Falling: Is There A Buying Opportunity?
Metaverse land prices have been falling for weeks. But could this be an opportunity to buy? Land prices in Otherside, the most popular metaverse project of recent times, have lost…
Binance Suspends LUNA and UST Token Withdrawals
LUNA token down is 52% on-day while UST is trading at 76 cents.
Bitcoin network transactions and fees surge amid investor de-risking
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report.
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation’s fintech…