Luna Financial News

19.05 / 13:07

Blockchain Lowe's CEO Luna Terra Co-Founders to Face Fraud Charges in South Korea

The challenges ahead for Terra’s co-founders are notably more than just reviving the protocol after UST and LUNA coins collapsed last week.

19.05 / 03:55

Ripple Santiment Bitcoin Luna The LUNA of it all – Why Bitcoin fell below $30K

The mid-week lull was swiftly broken as Bitcoin fell below the $30,000-mark – yet again. While you might feel the urge to blame world events or broader market factors for this dip, you’d be well advised to think again. Strange movements are afoot, and their ripples might just be the trigger for Bitcoin’s latest fall in price.

18.05 / 13:03

cryptocurrency Pool Terraform Labs Luna DAI Emerges As King Of Decentralized Stablecoins After Terra's Collapse

DAI is king of decentralized stablecoins after Terra collapses

18.05 / 11:31

Ethereum Lowe's Action Luna Returns Could Ethereum Classic [ETC] in your portfolio enhance returns in 2022

If you are wondering whether to buy Ethereum Classic after the cryptocurrency market crash, you have in the right place. We will evaluate its latest price action and look at factors that determine whether it is worth holding as we approach Q2 2022.

18.05 / 09:27

Blockchain UPS Luna $52 or $20 – Which level will AVAX see first?

AVAX’s price has been hovering above a stable support level with no signs of a volatile move in sight. However, things could change as Bitcoin’s price is starting to look bullish. Therefore, investors need to pay close attention to altcoins as they could explode soon.

17.05 / 17:49

Blockchain CEO Terraform Labs Luna Terra’s Revival Plan 2: ‘Much Ado About Nothing?’ Here’s what we ‘Do Kwon’

A one-of-a-kind incident in the crypto market was the Terra [LUNA] debacle of last week. With spiraling investors and the start of a never-ending blame game, clouds of uncertainty haunt the market even today.

17.05 / 11:27

cryptocurrency Stablecoin Bitcoin Luna Opinion: The Hong Kong Dollar Is The Best Stablecoin. Sorry, Terra And Luna

The celestial algorithm that keeps the moon in its orbit around the earth clearly works a lot better than the one that governed Luna and Terra. The cryptocurrency pair's collapse last week has put a question mark on the very premise of stablecoins: stability.

17.05 / 09:13

Mudrex Terraform Labs Terra Luna Terra is working to revive LUNA. Will it revisit its old glory?

Terra (LUNA) has laid out a revival plan. The crypto token wiped out almost the entirety of investors' wealth in just a few hours.Terraform Labs founder Do Kwon proposed a “Terra Ecosystem Revival Plan,” and the plan was shared in terra community forum. According to Kwon’s 'Revival Plan,' which aims to restart the entire Terra blockchain, with network ownership getting distributed entirely to UST and LUNA holders through 1 billion new tokens.

17.05 / 08:13

Blockchain cryptocurrency Terra Luna Terra Luna Investor Bill Ackman's take on the Terra Luna crypto crash

American investor Bill Ackman has said that schemes like Luna are a threat to the whole cryptocurrency ecosystem. His remark came after Luna, the sister token of stablecoin TerraUSD, crashed 100 percent on May 13.

17.05 / 06:25

BTC Action Bitcoin Luna recovery Bitcoin [BTC]: Here are a few signals that point to a strong possibility of a recovery

Bitcoin price seems to have found its stable footing at $29,100 after a recent flash crash below it. This quick recovery and retest will be a testament to the bulls’ power and determine the next course of action for BTC.

17.05 / 02:17

Blockchain Lowe's Luna open With UST’s depegging ‘LUNA-cy’ out in the open, regulators begin to get jittery

“You get regulated!”

16.05 / 15:53

UPS Bitcoin Luna $3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin

Investors have been eager to find out what happened to the more than $3 billion in bitcoin bought up by crypto firm Terra to back its failed stablecoin. Now, they've got their answer.

16.05 / 14:33

Blockchain UPS Action Luna Assessing whether ANC’s 1,471% rally might be enough

The fourth-largest DeFi protocol up until 6 May, Anchor is worth pretty much nothing today. And, neither is its token ANC.

16.05 / 12:51

Blockchain CEO Strategy Bitcoin Luna SBF Suggests LUNA's Collapse Different to Theranos, but Questioning its Marketing Strategy

FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried, known as SBF, has faulted the marketing strategies that were employed by the embattled Terra blockchain to gain acceptance from the public.

16.05 / 08:23

Blockchain Luna VC firms learn an expensive lesson in Terra, Crypto crash

Mumbai: Indian retail investors are not the only ones weathering the impact of the breakdown of Terra, a blockchain that ran “algorithmic” stable coins Luna and UST. Indian venture capital firms that had exposure to the Terra ecosystem have also taken a hit amid a broader crash in the cryptocurrency market.UST has lost over 80% in value over the last one week.

16.05 / 08:07

crypto market avalanche Terra Luna Investors look at flip side of crypto coin

Mumbai: Ashwin Nadar, a 25-year-old software engineer based in the country’s commercial capital, is still shocked by the sudden collapse of Luna, a popular cryptocurrency, last week. “It was a disturbing event. I bought Luna at $73 and got out at 24 cents,” he said. “I had a small investment, but as someone who believed in ‘smart contract’ cryptos, it was painful to watch the event unfold.” After the plunge, Nadar sold some of the altcoins he held—Avalanche, Near and Algorand—and moved money to Bitcoin and Ethereum for some time.

16.05 / 05:15

cryptocurrency cryptocurrency market crypto market Terra Usd Luna week Crypto Week at a Glance: The volatility of crypto and the de-pegging of a stablecoin

By Analytics Team, Giottus Crypto Exchange Bitcoin (BTC)’s volatility was on full display this week – from the highs of $36,000, BTC briefly went below $27,000 before regaining the $30,000 level and losing it eventually. BTC is trading near $29,000 today. The story of the week though belongs to TerraUSD (UST) and Terra (LUNA). Both were amongst the top 10 cryptocurrencies at the start of the week. UST’s de-pegging led to a capitulation in LUNA as it dropped more than 99 per cent in value and fell outside the top 200 list.

15.05 / 22:45

Twitter Extreme CEO Luna Why UST’s crash has experts talking and taking different sides

LUNA and UST both are showing signs of recovery after recent collapses, with the same sending shockwaves across the industry. Several experts believe that Terra founder Do Kwon is responsible for the latest crash that wiped out more than $1 trillion from the market.

15.05 / 17:19

Platform Pool Bitcoin Luna Real-World Assets Delivering Stable Yields Amid Market Shakedown

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

15.05 / 14:11

UPS Action Luna trumps Fantom [FTM] trumps TerraUSD [UST] as investors were dumbfounded by…

The impact of Terra’s downfall continues to send shockwaves across the crypto space with altcoins trying to recover from the Crash of 9 and 11 May. Most of the altcoins have somehow managed to look north, however, one that has completely failed is Fantom.

15.05 / 07:55

cryptocurrency Tether stablecoins Luna Future Cryptocurrencies: Why they've crashed and what it could mean for their future

If you had invested 100 (US$122) in the cryptocurrency Luna a month ago, you might have been quietly confident you'd made a sensible bet. But Luna's value has since fallen drastically at the time of writing, that 100 is worth around 4p (5). Luna was by no means the only victim in a week where cryptocurrencies were down 30%. Some have recovered to a certain extent, but this still represents an aggregate seven-day loss of over US$500 million (410 million), prompting existential questions about the future of the market.

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