Segregation between centralized stablecoin and algorithm stablecoin. Stablecoins become harder to manage as they grow larger. Paolo Ardoino, CTO of Tether and Bitfinex, participated in a podcast by Reimagine, Web3 events & Media company,on May 17th, where he made few comments about stablecoins. Especially about Terra UST, the initiation behind
The past two weeks have seen an extreme bear market in the history of crypto, with the total market capitalization of this industry dipping as low as $1.1 trillion for the first time since July 2021. Terra (LUNA) has once ranked among the 10 most valuable cryptocurrencies in the market
From January through March 2022, net Block’s sales were $3.96 billion. It produced $1.73 billion in Bitcoin revenue and $43 million in Bitcoin gross profit. Cash App, Square, and Afterpay are all part of Block, a pro-Bitcoin parent firm that continues to develop in 2022. In the first quarter of
Panama, the transcontinental continent, passed the crypto bill on April 28 during their third debate but the conversion of the bill to law seems to face a hurdle. President Laurentino Cortizo, says he will decline to sign the law since cryptocurrency has loopholes for anti-social activities. Cortizo states: “I have
Bybit Leverage feature allows users to access greater yields using their funds as collateral With multi-layered liquidation, users can manage risks themselves against excessive losses. Bybit one of the fastest-growing cryptocurrency exchanges with over 2 million registered members, announced its new Liquidity Mining. Liquidity pools are collections of crypto tokens
Current crypto trends correlate with stocks and other off-chain investments. The global crypto market is at a trillion-dollar loss. Bears continue to pull down and oppress the crypto market in the red zone. The Federal Reserves’ action of increasing the interest rates has led the on-chain and off-chain markets to
Market cap of LUNA is down 97.6% from its all-time high. Terra 2.0 is an upcoming, new chain to be called Terra (token Luna – LUNA) We all are living in the unpredictable world where exactly Cryptocurrencies are living, there we are diving into the Virtual world in an unimaginable
Argo Blockchain suffers losses of more than 90%. This accounts for Q1 of 2022 alone. BTC’s market crash accounts as a major reason. The recent market crash has completely devastated the crypto market. Not only the Bitcoin (BTC), but almost all the cryptocurrencies are down for the past several days.
Global crypto market declined by 10.69% in trading volume in the last 24h. Twitter is the greatest influencer of Crypto projects in Defi. The microblogging site, Twitter, serves as the biggest crypto launchpad. A single tweet from any crypto savvy has the potential to intervene in the market trends. Let’s
To regain control of the trend, sellers pulled SAND down to its $1.1. Bitcoin has been down 2.41% in the last 24 hours. Let us look at the top 3 coins to consider by investors in May 2022 Bitcoin (BTC) The bitcoin price gained support at $29,000 and began a
