MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is...
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article, the author names the...
Terra co-founder Do Kwon has unveiled a detailed plan to hard fork Terra and revive the network’s ecosystem. It will involve abandoning its algorithmic stablecoin, and launching a new cryptocurrency to replace its old governance token, LUNA. The proposal is a follow-up to Kwon’s informal plan...
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6...
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. Read More? Post is imported from RSS feed, by one of our guest editors. G6...
Terraform Labs will put the proposal up for a governance vote on May 18 Asia time. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is not responsible...
The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market meltdown, global financial regulators started proposing different legislations to regulate stablecoins better and prevent similar incidents from...
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is...
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted LUNA would be $143 before the end of the year. Currently, LUNA...
Last week, Ripple closed a red candle of a whopping 42%. The bulls managed to fight back, pushing the price up at the end of the week. Will this be the end of the bearish sentiment in the short term, though? Technical Analysis By Grizzly The Daily Chart On...