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Trading
First Mover Americas: BTC Drops to 2020 Levels of $25K; Tether Loses $1 Peg
The latest moves in crypto markets in context for May 12, 2022.
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.
Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
The past 24 hours were among of the biggest crypto market drops in recent months.
Terra Founder Do Kwon Supports Community's UST Proposal, LUNA Slides
The proposal seeks to bring UST back to its intended $1 peg.
UST Falls to 35 Cents, Terra Futures See $106M in Liquidations
Some 58% of LUNA traders were betting on higher prices even as the tokens fell yesterday.
Terra’s LUNA Drops to Almost $1 After 90% Weekly Plunge
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days.
Bitcoin Holding Support at $30K, Resistance at $35K
BTC's volume uptick is an initial sign of capitulation, but upside remains limited.
Crypto Trading Firm Talos Raises $105M
Citigroup, Wells Fargo and BNY Mellon were among the investors that valued the firm at $1.25 billion.
Crypto Market Crash Leads to $1B in Liquidations
Bitcoin and ether lost pivotal support levels leading to massive losses for long future traders.