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Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Entire Luna and UST community still waiting for a plan The UST Drama Continues in the Cryptocurrency Market as More People Take Massive Losses After Luna Falls Below $10 and UST Fails to Hold peg

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Assets favoring long BTC still far outweigh short BTC products, but problem is…

Assets favoring long BTC still far outweigh short BTC products, but problem is…

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion (50.8%). In

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US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury

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KuCoin Bags $150M at $10B Valuation to Focus on Web3, NFT, and DeFi

KuCoin Bags $150M at $10B Valuation to Focus on Web3, NFT, and DeFi

KuCoin has announced raising $150 million pre-Series B funding round led by Jump Crypto. The event also saw the participation of Circle Ventures, IDG Capital, and Matrix Partners. The exchange’s valuation jumped to $10 billion

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Bitcoin Addresses with 1 BTC Surpass 830,000 as Number of Retail Investors Grows

Bitcoin Addresses with 1 BTC Surpass 830,000 as Number of Retail Investors Grows

Holding of at least 1 BTC has marked new all-time high of 836,922 On-Chain Analytics Company Data glass knot indicates a significant increase in the number of Bitcoin addresses holding more than 1 BTC. Holding

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Dogecoin (DOGE) Remains Profitable Despite 30% Market Correction: Detailsx

Dogecoin (DOGE) Remains Profitable Despite 30% Market Correction: Detailsx

Dogecoin's profitability is still on a decent level despite most recent market turmoil The first memecoin in the cryptocurrency market, Dogecoin, is showing a decent level of profitability despite the correction in the cryptocurrency market.

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Binance Temporarily Suspends LUNA Withdrawals

Binance Temporarily Suspends LUNA Withdrawals

LUNA and UST withdrawals were suspended at 2:20 a.m. UTC on May 10 Best Cryptocurrency Trading Platform Binance halted LUNA and UST withdrawals due to network congestion and slowness. Due to a large volume of

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Traders Moved Record-Breaking $5.6 Billion Worth of BTC on Exchanges Amid Market Turmoil

Traders Moved Record-Breaking $5.6 Billion Worth of BTC on Exchanges Amid Market Turmoil

Record-breaking $5.6 billion in Bitcoin flowed on centralized exchanges as traders were leaving the market in panic Cryptocurrency traders provided the largest entries to cryptocurrency exchanges in 2022 as the crypto market fell to July

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Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7

Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7

Terra’s LUNA has dropped more than 60% in 24 hours Terra’s LUNA plunged to $23.50 on the Binance exchange earlier today before regaining ground. At press time, the embattled cryptocurrency is trading at $28. Flagship

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As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per

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