Latest Market News
Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST). The LUNA/USD pair dropped 20% between May 7 and May 8, hitting $61, its worst level in three months, after a whale mass-dumped $285 million worth of UST. As a result of this selloff, UST briefly lost its United States […]
For the next five years, trends tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks. 3527 Total views 20 Total shares Reflecting the growing interest in the nonfungible token (NFT) space among today’s investors, new research predicts that the […]
Binance is expected to reintroduce the derivatives option only after receiving regulatory approval in the form of a guarantee certificate from the Bank of Spain. 3810 Total views 57 Total shares Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the […]
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing 12% in just 72 hours. Still near […]
One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12, Russian banks lost access to the international payments and messaging network SWIFT, and private sector payment companies, such as […]
The 1,000-point plunge in the Dow Jones Industrial Average DJIA, -0.30% is unanimous, with all 30 components losing ground. The biggest drags on the Dow were shares of Home Depot Inc. HD, -1.60%, which tumbled $14.97 (4.8%), and UnitedHealth Group Inc. INC, -0.56%, which dropped $14.18 (2.8%), to shave about a combined 192 points off […]