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Markets
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA.
Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious
Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide.
‘Web3Memes’ Rugs $235K From Investors Five Hours After Issuance: PeckShield
Developers behind the meme coin moved 625 BNB in rugged funds via privacy tool Tornado Cash this morning.
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.
Bitcoin Downtrend Persists; Support at $30K
BTC is 43% off its all-time high near $69K, and upside appears limited.
Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.
First Mover Americas: Declining 'Buy the Dip' Mentions Signal Fading 'Hopium' in Bitcoin Market
The latest moves in crypto markets in context for Feb. 22, 2022.
SAND Token, Below 200-Day MA, Joins Broader Crypto Market in Gloomy Outlook
SAND has dropped below its 200-day average for the first time since July.
Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion
In tense situations, investors prefer gold and oil than riskier assets like stocks and crypto.
