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Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it,…

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Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Bitcoin’s nosedives continued in the past 24 hours as the asset just doesn’t seem to stop losing value. Most altcoins are in a similar or even worse position, with massive…

Continue ReadingCrypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Bitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)

After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum.…

Continue ReadingBitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)

Warren Buffett’s Advice for Beating Inflation is Actually the Key to Bitcoin’s Success (Opinion)

At the annual Berkshire meeting last week, Warren Buffett continued to balk at Bitcoin’s history-making ROI over the last decade. But the investing legend also gave advice to beat inflation…

Continue ReadingWarren Buffett’s Advice for Beating Inflation is Actually the Key to Bitcoin’s Success (Opinion)

Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)

Bitcoin’s situation worsened once more in the past 24 hours, and the asset fell to its lowest position since January 24. Somewhat expectedly, the alternative coins are in an even…

Continue ReadingBloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)

Bitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

With bitcoin’s price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. In fact, the metric hasn’t been in such…

Continue ReadingBitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K