Bitcoin Stuck In Stasis Below $30K As LUNA Rallies 600% During ‘Insane Volatility'

Bitcoin (BTC) — the world's largest and most popular cryptocurrency by market capitalization — collapsed by around 30%, with prices standing at $29,790 and a 24-hour trading volume of $569.957 billion. As crypto traders looked forward to a comparatively stable weekend, Bitcoin failed to reach the $30,000 mark, becoming rapidly consistent.

Timeline of Bitcoin, Terra-luna

It appears that the rising popularity of Bitcoin and other cryptocurrencies — despite the continuous carnage on the broader crypto market — has caused one of the greatest investors of all time, Warren Buffett, to change his mind. The 91-year-old investor was asked on May 2 at the annual Berkshire Hathaway shareholders meeting if he

Bitcoin(BTC) As Coinpedia earlier reported that the Bitcoin price may resume draining towards the lower support yet again as the price is following the dead cat bounce pattern The dump appears to be fueled by the LUNA price rally, and hence once the market conditions get settled, BTC price could rebound hitting the lower support …

Terra has been at the receiving end of one of the most disastrous downfalls in the history of crypto and blockchain. Terra's stablecoin project, UST, and its native token, LUNA, crashed in the past few days.

In a move that has likely aged like milk, Terra founder Do Kwon had in March collectively bet around $11 million with two crypto traders on the price of LUNA. Kwon wagered that LUNA would trade above $88 by March 2023- exactly a year from the placing of the bet.

In just six weeks, $830 billion has been wiped out from the global crypto industry in market capitalization. All of this raises one question: where does the buck stop, and how much more pain will investors bear?  Finally, after a streak of reds, there came a day when the bulls ended the day with green. …

In today's article, BeInCrypto looks at 6 selected on-chain indicators whose charts suggest that Bitcoin is very close to reaching a bottom. These were highlighted in a tweet yesterday by Will Clemente - a well-known on-chain analyst - who suggests that "it's a great time to DCA heavily.

“Options enable investors to trade volatility directly and protect against downside risks in the crypto market,” said Rig Karkhanis, Nomura's head of global markets for Asia ex-Japan. The post Nomura begins offering Bitcoin OTC derivatives to clients in Asia appeared first on The Block.

A dormant Satoshi-era BTC wallet with a balance of $30,395,186 has just been reactivated after 8.5 years of dormancy, blockchain transaction tracking platform Whale Alert revealed on Twitter. Satoshi-Era BTC Wallet Holder Gains 64x According to WhaleAlert, the wallet owner purchased the bitcoins as far back as 2013, four years after the Bitcoin protocol went live.

Bitcoin whales saw the token's latest dip as another buying opportunity, with chain data showing at least $1.2 billion BTC was accumulated as the token sank below $30,000 again. The Global crypto market has decreased by 3% in the last 24 hours.

Terra's (LUNA) price currently appears to have stabilized to a large extent as the prices have surged magnificently. As soon as the exchanges resumed the LUNA and UST trades, people flooded into the market to accumulate LUNA at the cheapest price. And as a result, the prices skyrocketed massively but on the other hand, the …