Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies? Stablecoins were supposed to be the boring uncle of the crypto world — safe, sensible and dull. They’re probably not what Satoshi Nakamoto had in mind, but they’re supposed to be a reassuring haven of calm and utility away from […]
Notice: Undefined property: WP_Error::$parent in /home4/fimage/public_html/bitcoin2day.net/wp-content/themes/islemag/archive.php on line 26
Tag: Terra
Terra 2.0: A Crypto Project Built on the Ruins of $40 Billion in Investors’ Money
Terra 2.0 launched with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate for the failure of another is a bad idea. Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in […]
BTC Price Almost Clears $43.5K with Terra $125M Bitcoin Buy-Ins Gathering Pace
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by blockchain protocol Terra fuelled optimism. The BTC buys keep coming Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to crack and secure its highest […]