Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say…

TerraUSD UST coming loose from its peg didn't just drag down the price of the stablecoin, but led to LUNA's market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it's not just a question of price, as investors speculated that Terra developers would migrate

Timeline of Avalanche, Terra-luna, Polygon, Solana

Avalanche price analysis shows that AVAX closed the week at $28.92 and is currently down by 86.84 percent. The cryptocurrency has not been able to break out of the descending triangle it has been trading in for the past few days.The market capitalization for AVAX is currently at $7,739,747,117, and the trading volume is at.

G-7 nations' finance ministers have urged the group's Financial Stability Board (FSB) to hasten up the process of formulating and implementing comprehensive crypto regulations following the recent collapse of the TerraUSD (UST) algorithmic stablecoin and the LUNA token, according to…

Since the time bears have shadowed the LUNA price action, the currency's circulating supply is rising continuously. This increase in the circulating supply is mainly due to people redeeming their UST staking for digital assets. Reflecting the huge amount of tokens being dumped into the market, the price of LUNA declined. At the time of …

Solana's price is preparing for a quick run-up to significant resistance levels. While this rally might cause many traders to get euphoric, it will be nothing but a dead cat bounce.

As reported by a local media site, Munhwa, an organized group of LUNA and UST investors is planning to file a legal complaint against Terra CEOs Do Kwon and Daniel Shin for alleged fraud.

According to veteran cryptocurrency trader Peter Brandt, the devastating implosion of one of the largest cryptocurrency ventures was in the cards. The creation of the traditional head and shoulders chart pattern, according to Brandt, was the catalyst for the red-hot token's demise. When a price peak (shoulder) is followed by a higher price peak (head), …

Binance's investment in LUNA dropped from $1.6 billion to less than $3,000. On Tuesday evening, Changpeng “CZ” Zhao linked a Fortune article reporting the leading exchange's LUNA losses with the comment “poor again”, an oft-repeated phrase in the crypto community. For people who have made huge profits on crypto investments, the phrase is often used The post Binance investment in LUNA drops from $1.6B to under $3K appeared first on Invezz.

AVAX's price has been hovering above a stable support level with no signs of a volatile move in sight. However, things could change as Bitcoin's price is starting to look bullish.

The recent collapse of the Terra ecosystem has drawn the attention of regulators worldwide! Finance ministers of the G7 nations are meeting ahead this week and shall be discussing crypto assets on a priority basis.

The performance of the global crypto market over the last day shows the coming back of it to the same pattern, as evident from Bitcoin's performance. It has continued to alternate between bullish and bearish waves.