Crypto summary: “Swiss National Bank opposes having Bitcoin as a reserve currency”
We know that in the crypto world, everything could change in the blink of an eye. We present to you, the crypto summary, a brief review of what were the most outstanding crypto news of the week, so that you do not miss any details. By the way, the most prominent one: “Swiss National Bank…
Charles J. Worley
Cardano (ADA): These are the key prices to look out for today
Cardano is a proof-of-stake blockchain platform that says its goal is to enable “change agents, innovators and visionaries” to generate positive global change. The project prides itself on ensuring that all technology developed goes through a peer-reviewed research process, which means that bold ideas can be questioned before being validated. According to the Cardano team, this…
Cryptocurrencies are attractive to “brilliant” minds, according to Paul Tudor Jones
In an opinion broadcast with CNBC Squawk Box, billionaire Paul Tudor Jones spoke about the “attractiveness” that blockchain technology represents today. According to his position, cryptocurrencies are attractive at the moment when the young community and even traditional institutions show interest. Adaptation to the new environment The investor considers that the arrival of the crypto…
Crypto summary: “At least a third of Britons have bought cryptocurrencies”
We show you, a brief summary of what were the most outstanding crypto news of the week, so you don’t miss any data. Being the most outstanding: “At least a third of British people have bought cryptocurrencies.” As usual, for this summary, the 7 most important news of the crypto week are selected. Very important,…
The death spiral of TerraUSD (UST), causes a loss of 98% of the value.
Although it seems incredible, one of the TOP 10 on the market is practically dying. LUNA came to lose up to 99.42% from its all-time high of $119.55, to a low of $0.27 reached today, the product of a death spiral that initiated the fall of the Terra stablecoin (UST). The volatility is extreme at…
Terra plans to burn $1.4MM in UST and bet 240 million LUNA! Why?
After registering a “terrifying” crash in the assets of Terraform Labs, a proposal has been presented to try to correct the inconvenience. Terra plans to burn a significant amount of UST in order to restore the balance of the stablecoin, in conjunction with a MOON bet to “reinforce” its appeal. Below we show you the…
Crypto summary: “In Shanghai, Bitcoin is already a virtual asset protected by Chinese law”
Keeping abreast of the latest and most recent crypto news is nowadays indispensable requirement to understand the crypto world. In addition, to have the minimum capacity and tools that allow us to give our opinion in a reasonable way. Highlighting this week: “In Shanghai, Bitcoin (BTC) is already a virtual asset protected by Chinese law.”…
Relationship between institutional investors and cryptocurrencies: Are they sinking the market now?
Within a scenario of bearish positions and capital withdrawals, institutional investors represent a “considerable” importance. After the traditional market and cryptocurrencies came closer over the past year, large capitals have more power in front of retail buyers. Concordance in the market lows The bearish movements that have been observed in recent months correspond to a…
Crypto summary: “Documents commit Do Kwon for the dissolution of Terraform days before the collapse of LUNA”
In today’s post, we present you, a brief review of what were the most outstanding crypto news of the week, so you don’t miss any details. Probably, the most important information is: “Documents reveal that Do Kwon dissolved Terraform Labs Korea days before the MOON crash.” As usual, for this summary, the 6 most important…
Are you going to invest in LUNA 2.0? Think twice
In recent weeks, the implosion of the Terra ecosystem has dominated the headlines. Certainly, users lost billions. In that regard, even Dogecoin co-founder Billy Markus criticized Terra’s attempt to launch LUNA 2.0 and called those who buy it “truly fools.” Something that could be added in this case is that there are multiple whistleblowers who…