Amid Terra’s collapse last week, Tether also briefly lost its peg. Now, it appears some investors have dropped the stablecoin for the competition.
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[PRESS RELEASE – Please Read Disclaimer] Delio, one of the emerging companies in the digital asset market, announced its new services in Ripple (XRP). Delio introduced Ripple savings products earlier in March, and the number of deposits skyrocketed in two weeks, demonstrating the massive attention of long-term…
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Shiba Inu (SHIB) has been trading inside a symmetrical triangle since May 13. Short-term readings indicate that a breakout is expected. The post Shiba Inu (SHIB) Generates Bullish Divergences Inside Neutral Pattern appeared first on BeInCrypto.
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The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. The post DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out appeared first on BeInCrypto.
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What on earth is NFT? Is it a new kind of totem, or is it just an algorithmically generated .jpg? With ERC721 smart contracts deployed one after another, there seems to have built a new consensus. Searching through these month-old “conventions,” you may find that breaking conventions…
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The last four days have been quite eventful in the crypto market. The news… The post Tether (USDT) is under pressure after Terra’s UST lost its dollar peg – Can it crash too? appeared first on Coin Journal.
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Anyone in the know regarding crypto will be aware of Terra's (LUNA) collapse over the last few days - this article was written on May 10th, 2022. Its stable coin, UST, pegged to the price of 1 US Dollar collapsed by 80%, something unprecedented in the stable…
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Anchor Protocol (ANC) broke down from a crucial support level on May 5 and then reached a new all-time low price on May 11. The post Anchor Protocol (ANC) Reaches New All-Time Low After Sharp Fall appeared first on BeInCrypto.
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Tether's co-founder and DeFi execs weigh in on what the collapse of Terra's UST means for asset-backed stablecoins like USDT and USDC.
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Binance Coin (BNB) is approaching a long-term support level close to $280 but has yet to show any clear bullish reversal signs. The post Binance Coin (BNB) Breaks Down From 348-Day Support Line appeared first on BeInCrypto.
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