Cryptocurrrency News
According to Montenegro’s Ministry of Interior, Terraform Labs co-founder Do Kwon was arrested yesterday at an airport in the country’s capital city of Podgorica. The agency’s head Filip Adzic stated that the Montenegrin police were holding a south Korean citizen in detention….
Midas, a custodial investment company, will shut down its activities due to a shortfall of up to $63.3M in its DeFi portfolio. Iakov Levin (the CEO and founder of Midas), who is also famous by the name “Trevor,” stated noted that the…
Sam Bankman-Fried (SBF), the founder of FTX, has been provided free advice by Martin Shkreli (a white-collar criminal in the past going by the name “Pharma Bro”) to survive in federal prison. Shkreli spent nearly 4 years in prison for securities fraud…
As disagreements over the Terra corporation allegations grew, 3AC subpoenas were issued. Su Zhu and Kyle Davies were among the authorized former 3AC executives who were subject to a restriction order signed by the state justice officers presiding over 3AC company insolvency…
The Terra and Luna crashes remain two of the biggest crashes in Cryptocurrency history. In its little over a decade of history, the market as a whole saw $60 billion wash away and crippled the industry, the effects of which many companies…
When asked about the fate of the crypto industry after the unfortunate meltdown of the Terra ecosystem Permissionless conference in Palm Beach, experts in the financial industry are confident that the industry will recover. The Head of Emerging Equity at Morgan Stanley…
LUNA 2.0 will likely lose another 45% following its recent upsurge. Sidelined buyers can enjoy an accumulation phase once LUNA 2.0 sweeps the $3.50 range low. A 4hr candlestick closing past $10.20 will cancel the bearish narrative. LUNA 2.0 has its price…
From May 8 until now, the situation for LUNA has been like a rollercoaster for the entire investment community. The LUNA community members are still stuck in the middle of the entire disaster. The investors are still uncertain exactly how LUNA would…
Even to this day, the entire crypto sector literally trembles whenever there is a mention of the Terra crash. It proved to be a nightmare for millions of investors who had invested their lives into it. However, the debacle has already caused…
Just when everyone thought TerraUSD (UST) was done for, it ended up proving to be a huge shock for everyone. On May 25, while the majority of the investors of TerraUSD were resting or sleeping, it experienced a great rally. The Rally…
The whole essence of blockchain technology and decentralization began when Bitcoin got launched in 2009, and it was presented as the first flagship cryptocurrency out there. After 10 plus years, it is gladly stated here that the crypto market is not only…
The firm at the back of LUNA (Terra blockchain), Terraform Labs, has collaborated with a Web3-based startup fund called LongHash Ventures for the launch of LongHashX Accelerator to be accessed by startups constructing in the ecosystem of Terra as well as the…
Terra’s LUNA seems to struggle as far as price performance is concerned. The bearishness that plagued the crypto market yesterday had LUNA plummeting, losing 8.91% to explore the $81.64 price level. Furthermore, Terra’s market cap has declined by 29.60% over the past…
Bitcoin (BTC) dropped beneath $44K and retested the area as a supply zone over the last day as the entire cryptocurrency market endured selling. STEPN and Terra exhibited downside biases on their lower time-frames. Meanwhile, WAVES suffered a massive fall that undid…
LUNA gained for the third successive day yesterday. Another breakout can see the alt exploring $70 amid increased stablecoins demand. Stablecoins demand sees LUNA on bullish actions. The $1 billion Terra private sale on Wednesday continued to support further upside. LUNA target…
On 7 July, AXS traded in its ATH. ONE and KCS break over their descending resistance zones. STZ and LUNA trade beneath horizontal resistance zones. Market analysts evaluated coins that saw massive gains in the week. They are: Axie Infinity (AXS) –…
