Crypto Crash

The world's largest cryptocurrency by market cap, Bitcoin (CRYPTO: BTC) crashed to its 18-month low at $24,552 on centralized exchanges such as Binance, and Coinbase leaving investors wondering if now is a good time to buy?  Image source: Binance BTC/USD spot  With a strong...

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar. What Happened: According to data from Benzinga Pro, USDT fell to an all-time low of $0.948 across major exchanges like Coinbase Global Inc (NASDAQ...

Crypto liquidations exceeded $1.2 billion at press time with over 420,000 traders hit by the market-wide crash. What Happened: According to data from Coinglass, Ethereum (CRYPTO: ETH) saw $313 million worth of liquidation orders as its price dropped 23% to a low of $1,838 on Wednesday. The single...

Terra (CRYPTO: LUNA) and its native stablecoin TerraUSD (CRYPTO: UST) brought each other down in a cryptocurrency market catastrophe that would not be easy to forget. What Happened: Market data shows that Terra's price fell by over 97% from Wednesday's intraday high of $...

Solana (CRYPTO: SOL), often described as an Ethereum (CRYPTO: ETH) killer, continues to rally despite major cryptocurrencies taking a beating on Tuesday. What Happened: The token of the project focused on decentralized apps, decentralized finance, and scalability traded 3.48% higher at $178.57 even...

Major coins, including Bitcoin (CRYPTO: BTC), plunged on the day El Salvador announced it was adopting the apex cryptocurrency as legal tender with global cryptocurrency market capitalization falling 12.01% to $2.08 trillion. What Happened: BTC traded 10.26% lower at $47,049.68 over 24 hours...