Tag: LUNA
Bitcoin could target $32K, says trader as LUNA crashes below one penny
Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as the market recovered from its lowest levels since late 2020.BTC/USD 1-hour candle [...]
Terra blockchain officially halted following LUNA price collapse
Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks foll [...]
LUNA Issuer Terra Halts Blockchain After Week of Losses
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Galaxy Digital Investors’ Concerns About LUNA Exposure Are Overblown, Says BTIG
In its recent management discussion and analysis filing for the quarter ending March 31, Galaxy said that the largest contributor in the quarter to th [...]
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST.
www.coind [...]
Binance Futures delists coin-margined LUNA perpetual contracts
Amid collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD (UST), crypto exchange Binance continues deactivating related trading servic [...]
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terrafor [...]
The LUNA and UST Crash Explained in 5 Charts
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.
www.coindesk.com [...]
Market Wrap: Cryptos Extend Losses as LUNA Plunges
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana's SOL token saw a 30% dip. Option tra [...]
Why did Terra LUNA and UST crash?
Cryptocurrency investors never thought they’d have to ask wh TerraUSD (UST) or LUNA would reach $1 first. On May 11, that question became the talk of [...]
LUNA meltdown sparks theories and told-you-sos from crypto community
No matter how hard your day is going, spare a thought for LUNA investors Wednesday. Do Kwon, CEO of Terraform Labs and 18th on Cointelegraph's Top 100 [...]
Terra Founder Do Kwon Supports Community’s UST Proposal; LUNA Slides
“The price stabilization mechanism is absorbing UST supply (over 10% of total supply),” Kwon explained in a tweet in European hours, explaining how US [...]
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding cryptoassets.Data from Coint [...]
Bitcoin Flirts With $30K During Asia Trading Day as Luna Foundation Guard Fights to Defend UST Peg
Bitcoin was down over 3.5% throughout the trading day in Asia, briefly touching the $30,230 mark, according to the CoinDesk price index, as the Luna F [...]
Terra’s LUNA Drops to Under $8 After 90% Weekly Plunge
The price action represented one of the biggest drops for a major cryptocurrency. Data shows LUNA prices have dropped 90% in the past week and 7% in t [...]