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BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears. Go to Source Powered by WPeMatico
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size … Read more
The worst is yet to come for Bitcoin price performance, multiple sources warn, despite the turmoil at Terra slowly passing. Go to Source Powered by WPeMatico
After resuming its blockchain several hours ago and activating the network again, Luna continues its downwards spiral, closing in on Shiba Inu prices. The cryptocurrency lost billions in market capitalization within a few days, leading to one of the biggest market collapse crypto markets have seen to date. Investors are troubled, and many declare Luna … Read more
As LUNA’s life support was all but switched off on Friday, BTC and ETH rallied, with prices climbing by as much as 10%. Today’s price surge saw bitcoin climb above $30,000, with ETH once again trading above its $2,000 level. Bitcoin Bitcoin rebounded and was trading higher in today’s session, as markets recovered a bit … Read more
After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users to bridge off-chain assets, such as bETH, to their native chains. The tragic turn of events causing thousands of users to lose more than 99% … Read more
There are now 6.9 trillion LUNA in circulation, while the coin’s value is practically zero in U.S. dollar terms. Go to Source Powered by WPeMatico
Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%. Go to Source Powered by WPeMatico
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon At the time … Read more
Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex. Go to Source Powered by WPeMatico
