The price of the Terra (LUNA) cryptocurrency has plummeted by over 99 percent, sweeping out crypto owners’ riches. Around one stage, prominent crypto market Binance briefly banned Terra (LUNA) network withdrawals, preventing even those who needed to sell from doing so.
Detractors have been attacking Bitcoin for requiring meme-stock speculators to function, but now that the speculators have left, the doubters are blaming Bitcoin for the speculators’ absence. But here’s why the falling Bitcoin price doesn’t really matter.
Coinbase warns that your crypto could be lost if they go bankrupt. Following the announcement of the earnings, Coinbase shares tumbled 15.6 percent in after-hours trading.
Bitcoin’s popularity grows year after year. By every criteria — financial value, adoption rates, transaction volume, you name it — Bitcoin is becoming popular. Fearing its capacity to upset the financial system, banks are trying to discredit Bitcoin and cryptourrency.
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.
With the aim of exploring opportunities to deploy blockchain technologies to address public-serving and emerging needs in California, the Governor has signed an executive order encouraging bitcoin and other crypto businesses.
Crypto fraud reached a new high of $14 billion in 2021. Owing to this alarming fact, US is set to double the size of its cryptocurrency fraud department.
Goldman Sachs’ entry into the bitcoin-backed loan market is sending ripples across the industry and marks a turning point for the industry in aspects of liquidity, legitimacy, and customer choice.
Mark Cuban and Elon Musk seem to believe that Dogecoin could defeat Twitter’s spam bots: Here’s how they plan on going about it.