Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
BTC and many altcoins are fast approaching the “capitulation phase,” which is typically followed by the market finding a bottom.
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Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7,…
Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”
The Luna Foundation Guard said Monday that it plans to lend $750 million in Bitcoin and 750 million UST to over-the-counter trading firms to help protect the UST peg after...
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value…
Terra Ecosystem Faces Pressure as Stablecoin Depegs
Terras UST experienced a similar depeg event during a market-wide meltdown in May 2021. More Problems for UST Its been an eventful weekend for the Terra ecosystem. The Layer 1...
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Excessive Terra supply coupled with UST supply contraction coincides with LUNA's price decline.
Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack
Doom and gloom continues for Bitcoin markets as Terra's Do Kwon brushes aside a "deliberate and coordinated" attack on its TerraUSD and LUNA tokens.
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this…
Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC?
The total value locked inside the Anchor Protocol's liquidity pools reached an all-time high earlier this week.
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