The prices of Bored Ape Yacht Club (BAYC) NFTs have been on a downtrend for the last six consecutive days as the wider crypto market
Year: 2022
Terra CEO Do Kwon announces UST ‘rescue plan”, LUNA down 92%
LUNA has dropped more than 90% in the past 24 hours, while UST remains more than 54% off its dollar peg at $0.43. Terraform Labs
Avalanche (AVAX) down 35% amid fears of massive AVAX sell-off after UST meltdown
Avalanche (AVAX) price seems to be heading the same way as Terra (LUNA) mainly because it is one of the collateral assets that maintain TerraUSD
Highlights May 12: TerraUSD recovers, Tether peg collapses
The crypto market is extremely negative with most top 100 cryptocurrencies deep in the red at the time of writing. Crypto exchanges saw more than
Justin Sun: Tron will have ‘no problem repelling speculation’
The capitalization of USDD, the stablecoin on the Tron (TRX) blockchain, is “only” $270 mln according to Justin Sun. He added that Tron would not
KuCoin announces $150M funding round, $10B valuation
KuCoin announces $150 million pre-Series B funding raise. The raise values the global crypto exchange at $10 billion. KuCoin will use the funds to build
UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO
The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively de-pegged from the $1 peg even as the broader crypto market
Bitcoin’s sell-off is a massive buying opportunity, says Chamber of Digital Commerce CEO
Bitcoin price fell sharply on Monday to break below $30,000 and register its lowest level since July 2021. As the sell-off in the crypto market
Terra continues to plummet, down 73% today: time to buy the dip?
After its stablecoin lost its currency peg to the USD, Terra entered a downward spiral. The tendency continues today, even more prominently than yesterday, when
Maker is one of the few winners, will it rally? Top places to buy Maker
Against the backdrop of all-pervasive market gloom, Maker DAO’s MKR token is a ray of hope. Its global traffic is consistently increasing, with most of