In the current crypto landscape, all eyes are on Terra Classic (LUNC), riding the waves of positive attention. Amidst the buzz, it's essential to navigate carefully, especially with its close ties to the crypto dollar, UST, striving to reclaim its 1-to-1 peg with the US dollar. Let's explore the dynamics of LUNC against the backdrop of these developments.
Chart...
About 12 hours ago, whale"0x3356" created a new address to deposit 52.52M USDC and borrowed 40M USDT on Aave and Compound then he started depositing 40M USDT into Coinbase and Kraken 6 hours ago, USDT started depegging after whale"0x3356" deposited USDT to exchanges
and whale"0x3356" withdrew 25M USDC from Coinbase 4 hours after depositing USDT.
then about 5...
As i warned you in the past article, TRX is about to collapse because of USDD:
According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%.
This...
After Luna`s stablecoin collapse, UST:
Now Binance, the biggest crypto exchange, recently introduced the USDC/USDT pair, and now it`s users are able to transform their USDC into Tether.
And let`s be honest, who wouldn`t to that amid this market uncertainty?!
On Saturday, the USD Coin (USDC) stablecoin experienced a drop in value below its dollar peg and reached...
Ever since USDC depegged, even BTC vs tether has depegged to a certain degree. Watch for a return to the norm. right now, BTC vs USD costs about $190 more than the Tether equivalent.
Once upon a time, there was a little girl named Lily who lived in a small town. One day, her parents told her that they were going on a trip to another dimension, where the money was...
I got waves going deep with its mess with usdn being depegged and the owner of this token basically another SBF. This is another LUNA type rugpull scam and if it survives I see the bottom at .44
