Tether Market Cap Drops by $10B Since UST Collapse, Concerns Over Terra Backer Celsius
Quantum Economics Director of Blockchain Market Research Alexandre Lores discusses what to make of investors redeeming $10 billion worth of stablecoin Tether (USDT) since Terra's collapse, and why he prefers to hold only USDC. Plus, his take on concerns over Terra's backer Celsius after it pulled at least half a billion dollars out of Anchor Protocol just as the Terra losses began.
Do Kwon’s Taxing Questions; China’s Underground Mining
Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Justin MON todavía cree que las monedas estables algorítmicas son una buena idea
El magnate de las Cripto también afirmó que LUNA y UST podrían ser buenas "monedas meme", según declaró en el programa "First Mover" de CoinDesk TV.
Could Bitcoin Extend its 7-Week Losing Streak?
Bitcoin is poised to extend its losing streak to a record eight weeks. "All About Bitcoin's" Week in Review panel discusses this week's biggest bitcoin news, including the Fed's hawkish remarks, bitcoin dominance soaring to 7-month highs, price levels to watch, the Terra crash and bitcoin mining.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT on the crypto markets and Tron’s stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST's meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether's USDT on the crypto markets and Tron's stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Pionero de América: Bitcoin se encamina a una racha récord de pérdidas de 8 semanas
Los últimos movimientos en los Mercados de Cripto en contexto para el 20 de mayo de 2022.
No es solo LUNA. Las aplicaciones DeFi de Terra han perdido 28 000 millones de dólares.
Los inversores han abandonado en gran medida el ecosistema Terra (ahora evidente en los protocolos DeFi en la cadena de bloques) y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo.
