Federal Reserve hikes interest rate by 075
As I told you earlier U.S. Fed raises interest rate by 75 basis points (0.75%). The rate now stands at 1.75%. This is the first 75-point...
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Tron’s Stablecoin Peg to Dollar Wobbles Justin Sun Swears to Deploy 2B to Prop Up
The Tron network’s stablecoin, USDD, lost its peg to the U.S. dollar on Monday, dipping to as low as 91 cents, as crypto markets nosedived as...
Terraform Labs Wallets Are Behind the LUNA Collapse
Uppsala Security and CoinDesk investigated Terra. It turned out that the perpetrators were not Wall Street whales, as previously expected, but wallets associated with Terraform Labs.The...
SEC Investigating Insider Trading on Crypto Exchanges
The U.S. Securities and Exchange Commission (SEC) will begin investigating insider trading in crypto exchanges, revealed Fox Business journalist Eleanor Terrett. The Fox News producer stated...
TRON’s USDD Stablecoin Losing Peg as TRX Price Slumps
The unfortunate tales of algorithmic stablecoins losing their pegs continue. This time, it’s TRON’s USDD that’s in the spotlight, trading at 2% below dollar parity. Following...
1,000,000,000 has been liquidated from the cryptocurrency market in the past 24 hours
As Bitcoin continues to dip from $28K high of yesterday to $22K now, people are still holding their long positions, which is why the amount liquidated...
Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal
Ukraine’s WhiteBIT crypto exchange could become the first firm in the blockchain technology space to have its name featured on an FC Barcelona shirt – with...
Morning market conditions
The market is sideways today, some of the alts are green and some are red. BTC is now trading above $22,300, overnight it was below $20,900....
Bitcoin, Ethereum Technical Analysis BTC Drops Below 24,000 to Lowest Level Since December 2020
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday,...
The collapse of UST did not cause the fall of BTC
The UST collapse increased the pressure on bitcoin, but the main reason for the BTC sell-off was the decline in traditional financial markets. The cryptocurrency market...
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