There appears to be a synergy between bitcoin and the Terra ecosystem, according to Lucas Outumuro, head of research at IntoTheBlock, a crypto data company. “UST benefits from having additional backing and bitcoin benefits not just from the buying pressure, but also from having a stable medium of exchange backed by BTC,” Outumuro wrote in an email to CoinDesk.
Coinbase stock fell more than 5% right after the filing was released and then continued to fall. Meanwhile, the price...
The layer 2 landscape on top of Ethereum has seen some intense competition over the past few months. According to...
Ether, the second largest crypto in market value, was recently changing hands below $1,800, off more than 5% from Sunday,...
Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its...
Similarly, Valerii Brizhatiuk, co-founder of Swisstronik, an identity-based L1, said that “players such as Binance have a wide range of...
