How The Tether Peg Could Predict Raging Bitcoin Volatility

how-the-tether-peg-could-predict-raging-bitcoin-volatility

The whole UST debacle has seen traders emboldened in the market against stablecoins. The result of this had been more investors going after the pegs of other stablecoins such as USDT and trying to see if they can destabilize the coin. Most prominent of this had been Tether USD, whose peg saw the most opposition … Read more

Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

terra-(luna)-trading-volume-surge-200%-as-market-adjusts-to-death-spiral

Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on … Read more