Over $1.2 billion in bitcoin reserves remains unaccounted for by Luna Foundation Guard

Amid Terra's collapse, over $1.2 billion in bitcoin reserves remains unaccounted for by Luna Foundation Guard. The post Over $1.2 billion in bitcoin reserves remains unaccounted for by Luna Foundation Guard appeared first on The Block.

Timeline of Bitcoin, Terra-luna

The working week is set to end on a green day, with $113 billion of capital flowing back into the total crypto market cap over the last 24-hours. The post Relief rally: Crypto inflows top $110B as Bitcoin recaptures $30K appeared first on CryptoSlate.

The price of Bitcoin rose more than 6% on Friday morning as bulls battled to break above $30,000. The flagship crypto, battered this week to lows of $25,400 on some exchanges amid the Terra (LUNA) and UST chaos, even came close to breaching resistance at $31,000. At the time of writing, though, BTC/USD is trading The post Bitcoin price: Analysts' outlook as BTC bounces above $30K appeared first on Invezz.

YouTuber KSI lost about $8 million in crypto and $2.8 million on Terra alone as he admits to having a gambling addiction so let's read more in today's latest cryptocurrency news. One of LUNA's celebrity holders, YouTuber KSI lost about $2.8 million on the altcoin and took it to Twitter to document his losses.

The Bitcoin market is a place of constant clash between bulls and bears. Often, these animals take the form of short-term and long-term holders who are constantly trading coins with each other.

The Swiss GAM asset manager and Terra negotiate a $3 billion bailout and it emerged as the first global giant to offer help to the failing crypto project so let's read more today in our latest cryptocurrency news. Following the recent fiasco, Terra and its two cryptocurrencies crashed in value and the platform said it

Ex-Meta executive David Marcus will launch a Bitcoin-focused startup after leaving Diem a few months ago so let's read more today in our latest crypto news. The ex-Meta executive is setting his sight on BTC-related projects so Marcus announced the launch of Lightspark which aims to expand the utility and the capabilities of BTC.

Suffering the effect of the current bloodbath in the crypto market, Bitcoin's (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend has remarkable similarity with the previous mid-season bearish trend that lasted from May to June 2021.

Bitcoin (BTC/USD) remained extremely pressured early in the Asian session as the pair struggled to test the psychologically-important 30000 figure after traded as low as the 25338.53 area, its weakest print since the last few trading sessions of 2020.  Stops were elected below many downside price objectives during the ongoing descent, including the 30435, 29645, 28927, and 28426 areas, downside price objectives related to selling pressure that intensified around the 47469, 47200, and 48240 areas.

Do Kwon, the brains behind the failed cryptocurrencies TerraUSD and Luna, is facing scrutiny and criticism after his venture's failure provoked a catastrophic crypto market meltdown this week. Kwon, 29, is the CEO of Terraform Labs, the business behind two linked technologies:  Stablecoin TerraUSD (UST), which is expected to trade 1:1 with the US dollar, and 

The world's largest exchange by trading volume, Binance, has delisted its trading pairs for Terra's LUNA.  The exchange announced that it had canceled all pending orders, ceased trading, closed user positions, and conducted an automatic settlement of all LUNA trading pairs.