The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future.
Terra News
- Altcoin Watch15981
- Altcoin Watch
LUNA2 may have bottomed in June, but just who is buying this controversial token?
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Thomas Moser hinted that regulations might take time, as they could wipe out decentralized ecosystems like DeFi.
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Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.
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“There is no doubt that there are many more crimes to be discovered in your trail of destruction,” hacktivist group Anonymous said on its YouTube channel.
24824 - Market Analysis
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price.
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Terraform Labs employees have reportedly been prohibited from exiting South Korea as investigations by prosecutors continue.
4711 - Market Analysis
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks.
32740 - Altcoin Watch
XRP's bearish outlook is driven by a mix of technical and fundamental factors that could see its price drop to $0.18 next.
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All options are on the table for 3AC after this week’s crypto market collapse triggered mass liquidations for the hedge fund.
7640 - Altcoin Watch
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price.
4904 - Market Analysis
Ether price is forming a bear pennant pattern whose profit target comes to be near $850.
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A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels.
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Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.
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Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.
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