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Tag: terra collapse

wBTC Supply Hits 9-Month Low After Major Burn

The supply of wrapped Bitcoin (wBTC), an Ethereum-based ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price, has...

Bitcoin and Ethereum Liquidity Falls Lower Than Post-FTX Levels

The amount of liquidity for crypto’s leading assets has declined to the lowest level since Terra’s collapse.A chart shared by crypto data provider Kaiko...

XRP Bullish Cross Is Looming, An Easy Path Toward The $2 Mark?

XRP has traded sideways for most of February, but there are bullish signals for investors to expect a break above the resistance line and...

Wrapped Bitcoin provide drops to destructive after 11,500 wBTC burn linked to Celsius

The availability of wrapped Bitcoin (wBTC) dropped to its lowest since Might 2021 after the second-largest single-day burn on Feb. 27. A complete of 11,500...

Why Blockchain And Crypto VC Funding Is Down In Q4, According To This Report

The year 2022 was a disastrous period for crypto due to the bear market and other chaotic events. The crypto industry has yet to...

DappRadar Reports Shows Over 59% Loss in Ethereum NFT Market Cap

All sectors of the crypto and NFT industry were heavily impacted by the 2022 bear market. Many crypto assets, including Bitcoin, fell declined drastically...

Shiba Inu Rallies 24% in 7 Days On Whale Activity, What’s Next?

Behind AI tokens, the meme coin Shiba Inu has been one of the biggest winners on the crypto market over the past seven days....

Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause

IntroductionThe collapse of Terra (LUNA) in June 2022 was the spark that ignited a fire that kept devouring the crypto market. The chain reaction...

Cardano’s New Algorithmic Stablecoin DJED Faces Same Fate As Terra Luna’s UST?

On January 31, layer-one protocol COTI officially introduced DJED, the native stablecoin for the Cardano (ADA) network. The introduction of the Djed stablecoin...

Bitcoin’s annualized 3-month futures basis show a calm before the storm

Out of all the crypto derivative products, perpetual futures have emerged as a preferred instrument for market speculation. Bitcoin traders use...

CryptoSlate Wrapped Daily: Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares

The biggest news in the cryptoverse for Jan. 6 saw Huobi announce mass layoffs. Meanwhile, former FTX CEO Sam Bankman-Fried has...

Research: Implied volatility shows only sideways movements for Bitcoin

The crypto derivatives market has grown so big in the past few years that it can be used as an indicator...

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