What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Bitcoin was recently trading at about $22,500, down more than 16% over the past day. As for major altcoins, the question wasn’t whether they were in the red but by how much. Ether, the second largest crypto by market cap, was changing hands at roughly $1,200, off over 17% during the same period and its lowest level since January 2021. CRO was off more than 20% at one point amid news that the crypto exchange would pare about 5% of its workforce, roughly 260 jobs. Wrapped bitcoin (WBTC) and TRX…

cómo serán distribuidos los ‘nuevos’ LUNA

Un snapshot —es decir, un registro del estado de una blockchain en un momento específico— permitirá a Terra enviar los tokens LUNA recién emitidos a los titulares de los antiguos LUNA. Esto, en teoría, permitiría a los antiguos titulares recuperar parte del valor de inversión perdido al tiempo que incentivaría el uso de la nueva cadena de bloques. Author: Shaurya Malwa Source link

las aplicaciones DeFi de Terra han perdido $28.000 millones

“Se ha perdido la confianza, pero en caso de compensación por pérdidas y devolución de fondos, hay posibilidades de que se restablezca”, dijo a CoinDesk el director Ejecutivo de KuCoin, Johnny Lyu, en un correo electrónico. “Si el ecosistema y el equipo pueden manejar el proceso de recuperación de manera inteligente, será una señal positiva no solo para los inversores del proyecto, sino también para los nuevos usuarios y todo el mercado”. Author: Shaurya Malwa Source link

KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

Bitcoin was recently changing hands at around $30,200, up more than 4.4% over the past 24 hours. The increase outperformed ether, which rose a little more than 3.5% during the same period, and other cryptos, most of which also registered smaller gains as investors continued to prefer the best-known digital asset over smaller, riskier ones. XRP, SOL, ADA and MATIC rose less than a percentage point. AVAX was among the losers, recently dropping more than 3%. Author: Shaurya Malwa Source link

Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

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