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Search Results for: bitcoin

Is it the End For Terra (LUNA) And UST?

Terra LUNA, along with UST almost at their ends. Price of LUNA crumbled down to 99.69%. Will the Founder’s mitigation plan come to aid?. The time and world are highly unpredictable and so is the cryptocurrency industry and market too. With the currently ongoing crypto market crash for almost more

May 12, 2022 2 mins read

Anonymous Turns to CultDAO for Support Against Unjust Government Actions

London, UK, 12th May, 2022, Chainwire   FAnonymous, the international activist group responsible for white-hat hackings, announced that it intensifies its fight against Russia and other unjust national governments. To this end, it will source funds from crypto projects with “similar conceptions,” such as CultDAO. The announcement comes in the

May 12, 2022 2 mins read

LUNA Causes a Catastrophe in the Terra Ecosystem

The price of LUNA dropped 98% in the last 24h. Terra’s recovery strategy proposals are under high criticism.  The downtrend of Terra (LUNA), the native coin of the Terra ecosystem, has gained rapid momentum, driving it to drop unimaginably to its all-time low. At the time of writing, according to

May 12, 2022 2 mins read

Ethereum Whales Mark the Highest One Day Activity Since January

Ethereum has been down 19.28% in the last 24 hours. Ethereum whales performed 2,956 transactions worth over $1M apiece. After falling below $2,000 versus the US dollar, Ethereum started to show signs of weakness. Below the $2,000 mark, it is more vulnerable to further declines. According to CMC, the Ethereum

May 12, 2022 1 min read

Citadel Securities and BlackRock Refute Rumors Trading TerraUSD (UST)

One of the most shared tweets on Twitter was the foundation of the conspiracy theory. In separate emails to Forbes, the companies refuted the rumors. This morning, a new low was set for LUNA, the Terra blockchain’s native coin. On May 12, the cryptocurrency fell below the $0.30 mark for

May 12, 2022 2 mins read

VeChain Foundation Spent $4.1M in Q1 2022 as per Recent Report

VeChain is a supply chain management-enhancing blockchain initiative. The Foundation’s first-quarter earnings are also missing from the report. It has been revealed that the VeChain Foundation spent just $4.1 million in the first quarter of 2022, according to its financial report for Q1 2022. VeChain is a supply chain management-enhancing

May 11, 2022 1 min read

Unstable Market – Investors Seek Stablecoins Support

The market capitalization of stablecoin is around $170 billion as of this month. The only category of coin that is trading in green during the last 7 days. Stablecoins are cryptocurrencies pegged to some fiat value or similar assets, usually, that is USD. The low-risk trading option has price fluctuation

May 11, 2022 2 mins read

Whales Now Targets XRP – 100M Tokens is Transferred to Unknown Wallet

Whales activities and targets are rising on a daily basis, targeting popular cryptocurrencies in recent days. Today, the whale’s alert revealed, 100,000,000 XRP worth $50,341,416, been transferred from an unknown wallet to another unknown wallet. As the transfer cases are rising in huge amounts, the risk level for the investors

May 11, 2022 2 mins read

Terra’s LUNA Downfall Crosses Over 90% In last 24HRS

Binance suspended the withdrawal in the Terra network due to high traffic in the environment. Traders worry LFG may sell BTC in the reserve to stabilize the current situation. The crypto market as a whole is facing a  massive downfall for the past few days, every other coin has been

May 11, 2022 2 mins read

Over 33% of Ethereum Investors Are at Loss

The Merge (Ethereum 2.0) will take place in the coming months. The market will most likely attempt to reach the level of $2000. The global market capitalization has dropped more than 5% in the last 24 hours to $1.39 trillion. A week ago it was above $2.05 trillion as per

May 11, 2022 2 mins read