I know once CDC announced earned cuts mostly to their stablecoins it was a nightmare and basically most people went from getting 12% apy down to 1%-5% apy on their stablecoins depending on how much they had. I remember seeing a lot of people suggest the next best stablecoin to invest in was the UST…
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submitted by /u/nousemercenary [link] [comments]
So as many of you are aware, the (previously) third largest stablecoin by market cap known as UST has been under heavy pressure recently. Associated with the crypto known as LUNA, it became wildly popular due to the Defi protocol known as Anchor Protocol. It plays an integral part in the LUNA tokenomics by helping…
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This is a follow up post to when I noticed it was down 3% which is incredibly dangerous for a stablecoin. At this point it's a question of – "will the bleeding stop" or will UST/Terra Rug itself out of existence? Two months ago /u/cwm9 made a very detailed post about his concerns with UST.…
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El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether. El Salvador Buys the Bitcoin Dip Amid a crypto bloodbath, El Salvador has […]
You know what people were saying around this time last year? The same exact things they're saying now. The crypto market crashed and people were saying buy as much as you can now, because BTC is going to $100k by the end of the year. Now fast forward one year….. Many of the big crypto…
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submitted by /u/JC1DA [link] [comments]
🙁 In the past 24 hours, 259,220 traders were liquidated, the total liquidations come in at $1.00 billion. The largest single liquidation order happened on Bitmex – XBTUSD value of $6.30M. There are a lot of posts like this one about shorts being liquidated and people in the comments celebrating that shorts got "rekt". We…
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Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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I know I'm going to look like I'm levying accusations but I'm really confident I lost funds due to a bug. I used Metamask and clicked the copy feature to copy my address that I wanted to send funds to. Then I opened the Coinbase wallet and pasted that Metamask address in (to clarify I…
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