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luna
3 reasons why Bitcoin is regaining its crypto market dominance
Bitcoin (BTC) is regaining its lost crypto market dominance even as it trades nearly 60% below its record highs.Bitcoin dominance at 6-month highsThe Bitcoin Market Dominance (BTC.D) index, a metric that weighs BTC's market capitalization…
Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning
MEXC Global has pledged to do a month-long buyback and burning to reduce the circulating supply of the old Terra markets. 451 Total views 3 Total shares The fall of Terra (LUNA) shook the entire crypto market. However, the project has…
Bitcoin price bottom signals flash as ‘fear and greed’ index matches March 2020 lows
Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.The selloff appears in the wake of the Federal Reserve's hawkish policy…
South Korean police request exchanges freeze LFG related funds
Police in South Korea have contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard. 375 Total views 23 Total shares Crypto exchanges in South Korea have been issued notices from…
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
On May 12 the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following 7 days were reasonably calm while Bitcoin (BTC) gained 3.4% and…
Cosmos price rebounds 45% in one week despite Terra’s debacle — What’s next for ATOM?
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week.Cosmos…
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash 599 Total views 22 Total shares The dramatic story of the Terra (LUNA) crash — referred to by some as the…
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. 356 Total views 5 Total shares Tether and Bitfinex CTO Paolo Ardoino said that the Terra (LUNA) project was…
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens. 1248 Total views 12 Total shares Avalanche (AVAX) has emerged as…
2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level
Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is…
