by E-WebTop | May 23, 2022 | Altcoins
Since the crypto market began to fall in early May, the billion-dollar stablecoin Tether, the largest bank in the cryptocurrency economy, has conducted a $10 billion fund buyback. This means that the company effectively handles the withdrawals as investors seek to...
by E-WebTop | May 22, 2022 | Altcoins
Due to the collapse of the Terra ecosystem, the non-profit organization Avalanche Foundation lost $60 million, Avalanche founder and head of Ava Labs Emin Gun Sirer told Forbes. Sirer says the Avalanche Foundation has worked closely with Terraform Labs. He explained...
by E-WebTop | May 22, 2022 | Altcoins
The CEO of Galaxy Digital said that given the policy of the US Federal Reserve and the “bearish trend,” the market expects another significant drop in altcoins. Mike Novogratz has warned on Twitter that altcoins may be subject to a process of devaluation and loss of...
by E-WebTop | May 21, 2022 | Altcoins
The cryptocurrency market’s capitalization sank by $70 billion by Friday, dropping to $1.25 trillion. There was no trending digital currency left in the top 30 by the end of the week, except for Cosmos (ATOM) and Monero (XMR), whose rising momentum completely...
by E-WebTop | May 21, 2022 | Altcoins
Despite last week’s massive crash, South Koreans are diligently buying their native Terra token. Several retail investors believe that LUNA, previously a top 10 crypto asset, will see an incredible recovery. Speculators hope for a comeback LUNA, Terra’s...