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Nalezeno "crashes": 249

CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring


After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement. At 03:03 UTC, CEL trades at USD 0.538 and...

Despite Historic Crashes, Video Games Aren’t Over NFTs Just Yet


We were so close. As the NFT market suffered one meteoric crash after another, and as some crypto-based games lost money by the hundreds of millions, it seemed for a second there that the gaming industry might come to its senses. But no. This week alone saw two major parties unveiling a commitment...

Small-cap Stablecoins Struggle to Maintain Peg as Crypto Market Crashes


  Some smaller-cap stablecoins are struggling to maintain their targeted peg, which is mainly USD 1, amid a huge bloodbath in crypto that has wiped off billions from the market. The development follows a depeg seen by Terra (LUNA)'s decentralized stablecoin UST, which seems to have placed...

Do Kwon's USD 1M Bet Doesn't Look Good as LUNA Crashes


  Do Kwon, co-founder and CEO of Terraform Labs, the entity behind Terra (LUNA), found himself in a peculiar position with his bet that LUNA would stay above USD 88 - as the coin dropped over 90% in a single day. In mid-March, Do Kwon took a bet with pseudonymous Twitter user Sensei Algod,...

Bitcoin and Ethereum Correct Gains, APE Crashes 40%


  Bitcoin price attempted an upside break above the USD 42,250 resistance zone but failed. BTC started a downside correction and is currently (04:18 UTC) trading near USD 40,800. Similarly, most major altcoins are also moving lower. ETH failed to surpass USD 3,000 and declined below USD 2,900....

As SOL Crashes, Melania Trump’s NFT Sale Ends in Tears


Non-fungible tokens (NFTs) are distinct and non-transferable units of data stored on a digital ledger or blockchains, the same technology that underpins cryptocurrencies such as Bitcoin. They’ve grown in popularity recently, thanks in part to viral cryptocurrency hits like Dogecoin...

NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes


The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose...

F1 Champion Max Verstappen Crashes In Virtual Car Race


While Red Bull’s Max Verstappen enjoyed a successful end to his actual racing season, when he claimed the F1 crown in controversial circumstances, his appearance over the weekend in a virtual Le Mans 24 hour race didn’t go quite so well.Read more

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