Bitcoin, Ethereum, and Altcoins Try to Trim Losses, LUNA Tests New Lows

Bitcoin price remained in a bearish zone below USD 30,000 support. BTC even broke the USD 27,500 support and spiked below USD 27,000. It is currently (11:47 UTC) correcting higher near USD 28,770 but is still down 9% in a day and 28% in a week.

Timeline of Bitcoin, Ethereum, Terra-luna

The UST crisis is causing billions of Luna to be minted — and it may not ease up any time soon. The post Billions of Luna minted as supply grows 20-fold in four days appeared first on The Block.

The Crypto crash continues for the 4th consecutive day which is constantly extracting a billion of the market cap each day. While there is an extreme fear among the traders, as they keep extracting all their investments, spiking the trading volume by more than 41.85%. Terra, being the spotlight of the crash recorded more than …

Gemini denied the 100K BTC loan rumors to Citadel and BlackRock and also about their potential involvement in LUNA's price drop so let's have a closer look at today's latest Bitcoin news. The New York-based crypto custody exchange Gemini denied the 100K BTC loan and their involvement in the LUNA price crash.

Binance, the world's largest crypto exchange, warned on Thursday that trading Terra on its platform will be prone to disruptions. The exchange cited surging withdrawal requests for LUNA, which have congested the network.

Terraform Labs on Thursday said it has proposed three new emergency measures to save LUNA and UST stablecoin. The company has proposed to burn all UST in the community pool, burn the remaining 371 million UST cross-chain on Ethereum, and stake 240 million LUNA to protect from network governance attacks.

The stock prices of BTC mining companies crashed during the recent market downturn with the rest of the cryptocurrencies also being in freefall so let's read more today in our latest Bitcoin news. The stock prices of BTC mining companies continued to drop after the recent BTC price crash with Riot Blockchain being the biggest

Do Kwon outlined Terra's path after the UST stablecoin de-pegging and issued a proposal in hopes of re-pegging the ecosystem's stablecoin so let's have a closer look at today's altcoin news. The founder of Terraform Labs, Do Kwon outlined Terra's path for the near future and what are the next steps in the wake of

On-chain analyst Willy Woo says turmoil in the global markets is leading crypto investors to disregard Bitcoin's fundamentals and sell their BTC. Woo tells his one million Twitter followers that the start of this week's capitulation was led by futures selling. The trader says he's not certain if Bitcoin has reached its bottom yet or The post Bitcoin (BTC) Hodlers Capitulating As Stock Market Turmoil Grips BTC: On-Chain Analyst Willy Woo appeared first on The Daily Hodl.

Crypto companies announced no exposure to UST and LUNA as they both started crashing and the stablecoin lost its peg so stakeholders rushed to head off the damages caused by UST crashing so let's read more today in our latest crypto news today. As UST and LUNA crash to new lows, most in the crypto

The bitcoin (BTC) dominance – bitcoin's share of the overall crypto market capitalization – has risen sharply over the past two days, as the price of ethereum (ETH) has broken lower against BTC.