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Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.

Continue ReadingHere’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

Stablecoin supplies and cash reserves in question amid crypto exodus

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

Continue ReadingStablecoin supplies and cash reserves in question amid crypto exodus