Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg
Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token, fell 35% during the day.
Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment
BTC dropped by as much as 11% over the past 24 hours while several altcoins underperformed.
BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S&P 500?
BTC Falls Below $31K to Lowest Level Since July 2021
Bitcoin tumbles to its lowest price since July 2021 as tighter monetary policy continues to impact risk-on assets. Plus, insights into BTC futures liquidations as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Bitcoin Under Pressure; Support at $27K-$30K
BTC's breakdown is confirmed and upside appears limited.
Bitcoin Funds Had Surprise Inflows as Markets Plunged
Some $45 million flowed into these funds in the week through May 6. Investors apparently bought the market dip.
‘It’s a Confidence Game’: Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg
Luna Foundation Guard (LFG) will lend $1.5 billion in BTC and UST to defend the peg of its algorithmic stablecoin to the U.S. dollar. This comes after UST briefly lost its peg to the dollar over the weekend.
First Mover Americas: Institutions Look to Be Selling BTC in Falling Market
The latest moves in crypto markets in context for May 9, 2022.
Bitcoin Tumbles to Lowest Price Since July 2021 as Market Panic Grows
Cryptos slumped across the board all weekend and added to declines Monday morning as global equity markets swooned.
