BTC fell below $34,000. The rest of the market is also in the red
Bearish sentiment in the market has been held since late March. At the end of April, bitcoin lost more than $10,000, closing the month below the key $40,000.
Over the past week, the price has sagged even lower, and bitcoin is currently trading around $33,500.
Most altcoins have fallen in value even more than BTC. The total capitalization of the crypto market has dropped to $1.5 trillion.
Fear and Greed Index 11 is extreme fear.
Bearish sentiment in the market has been held since late March. At the end of April, bitcoin lost more than $10,000, closing the month below the key $40,000.
Over the past week, the price has sagged even lower, and bitcoin is currently trading around $33,500.
Most altcoins have fallen in value even more than BTC. The total capitalization of the crypto market has dropped to $1.5 trillion.
Fear and Greed Index 11 is extreme fear.
Binance warned about fake ads in Turkey
The Turkish division of the cryptocurrency exchange warned investors about the spread of fake ads on street billboards in the country.
"For a while, billboards similar to the image below have been striking in different regions of Turkey [...and] has nothing to do with Binance!" Binance TR representatives said.
They stressed that the information on the billboards has nothing to do with Binance.
The Turkish division of the cryptocurrency exchange warned investors about the spread of fake ads on street billboards in the country.
"For a while, billboards similar to the image below have been striking in different regions of Turkey [...and] has nothing to do with Binance!" Binance TR representatives said.
They stressed that the information on the billboards has nothing to do with Binance.
📊 Tonight, May 10, quotes of the first cryptocurrency updated annual lows around $29,730 - the daily liquidation volume in the futures market exceeded $1 billion.
The market's Fear and Greed Index reached 10 (extreme fear).
By morning Bitcoin had recovered above $32,000, Ethereum on its way to $2,500.
The market's Fear and Greed Index reached 10 (extreme fear).
By morning Bitcoin had recovered above $32,000, Ethereum on its way to $2,500.
🗓Michael Saylor said that even if bitcoin falls to $3562, MicroStrategy's bitcoins (115,109 BTC) will be enough to secure their term loan ($410 million)
If the price falls even below that, they will find a way to provide other collateral
The ultimate hashtag "HODL" suggests that Saylor is ready to go All In ✊
If the price falls even below that, they will find a way to provide other collateral
The ultimate hashtag "HODL" suggests that Saylor is ready to go All In ✊
❗️UST Stablecoin plummeted to 23 cents
The price of the digital asset is now at $0.4774. In turn, the native token of the Terra network - LUNA is trading at $4.06 - almost -85.98%.
It's hard to believe, but that's the reality. Many thought that the ecosystem would become dominant, but such a blow is hard to recover from.
The price of the digital asset is now at $0.4774. In turn, the native token of the Terra network - LUNA is trading at $4.06 - almost -85.98%.
It's hard to believe, but that's the reality. Many thought that the ecosystem would become dominant, but such a blow is hard to recover from.
👍1🔥1
📛 During the day, the positions of almost 412,000 traders were forcibly closed for a total amount of $1.29 billion!
The lion's share of liquidations were longs, though bears managed to shave more than $450 mln at this market
The largest single liquidation was recorded on Bitmex exchange ($10 million)
The lion's share of liquidations were longs, though bears managed to shave more than $450 mln at this market
The largest single liquidation was recorded on Bitmex exchange ($10 million)
Terra validators shut down the network
Incredible Spectacle. Former CoinMarketCap Top 10 member.
Even the remnants of the faithful who might have been trying to buy a coin for 30 cents (if it was still being sold somewhere, of course) in hopes of getting a few X's would have lost their money
The Terra (LUNA) project team reported that the validators decided to stop the blockchain at block number 7603700. The move was explained by the need to protect the network from potential attacks.
"Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack."
According to the team, the blockchain will soon be updated and restarted.
Incredible Spectacle. Former CoinMarketCap Top 10 member.
Even the remnants of the faithful who might have been trying to buy a coin for 30 cents (if it was still being sold somewhere, of course) in hopes of getting a few X's would have lost their money
The Terra (LUNA) project team reported that the validators decided to stop the blockchain at block number 7603700. The move was explained by the need to protect the network from potential attacks.
"Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack."
According to the team, the blockchain will soon be updated and restarted.
Attention!
Here's the news, friends: hackers broke into famous in cryptocurrency circles GoDaddy hosting, where huge amount of cryptoprojects is located.
They hacked Etherscan, DexTools, CoinGecko and other famous sites on Ether.
What to be afraid of:
If you go to a site you know, and it somehow fuckin' tries to connect your wallet to another site - don't do it. Watch where you connect and what transactions you sign.
And in general be careful with all transfers today, and if you are a beginner - it is better today not to make any operations at all (just in case) and go for a walk in the sun, the weather is good.
Here's the news, friends: hackers broke into famous in cryptocurrency circles GoDaddy hosting, where huge amount of cryptoprojects is located.
They hacked Etherscan, DexTools, CoinGecko and other famous sites on Ether.
What to be afraid of:
If you go to a site you know, and it somehow fuckin' tries to connect your wallet to another site - don't do it. Watch where you connect and what transactions you sign.
And in general be careful with all transfers today, and if you are a beginner - it is better today not to make any operations at all (just in case) and go for a walk in the sun, the weather is good.
A New York man is accused of $59 million in crypto-fraud.
The FBI has charged 50-year-old New Yorker Eddie Alexander with cryptocurrency fraud.
According to the Federal Bureau of Investigation, Alexander founded EminiFX, a platform designed to trade cryptocurrencies. He claimed to have attracted "hundreds of individual investors" and promised to double their investment within five months, as well as a 5% weekly profit. (classic🤦)
The FBI believes the defendant did not invest most of the money entrusted to him. He wired money into personal accounts and spent about $170,000 buying expensive cars, renting an office, marketing and hiring staff.
The suspect misled customers about their investments and claimed the funds were managed by "experienced traders" at EminiFX. However, the founder of the company did not specify what they invested in.
The FBI has charged 50-year-old New Yorker Eddie Alexander with cryptocurrency fraud.
According to the Federal Bureau of Investigation, Alexander founded EminiFX, a platform designed to trade cryptocurrencies. He claimed to have attracted "hundreds of individual investors" and promised to double their investment within five months, as well as a 5% weekly profit. (classic🤦)
The FBI believes the defendant did not invest most of the money entrusted to him. He wired money into personal accounts and spent about $170,000 buying expensive cars, renting an office, marketing and hiring staff.
The suspect misled customers about their investments and claimed the funds were managed by "experienced traders" at EminiFX. However, the founder of the company did not specify what they invested in.
💸 Elliptic analysts found out that Terra sent its BTC to Gemini (52,189 BTC - May 9) and Binance (28,205 BTC - May 10) exchanges.
It's unknown yet whether the coins were sold or not. It's worth noting that there were rumors that people or organizations who attacked Terra project had borrowed 100,000 BTC from Gemini.
CZ: where are the BTCs that were supposed to be used as reserves?
It's unknown yet whether the coins were sold or not. It's worth noting that there were rumors that people or organizations who attacked Terra project had borrowed 100,000 BTC from Gemini.
CZ: where are the BTCs that were supposed to be used as reserves?
😆 LUNA scam merch is already on sale at Agora Threads
The series is called "Know Your Parasites."
The logical lineup includes a black-legged tick, a dog tick, and a LUNA tick (using an English play on the words "Tick" and "Lunatic" (as fans of the LUNA token are called)). T-shirt price $27
The series is called "Know Your Parasites."
The logical lineup includes a black-legged tick, a dog tick, and a LUNA tick (using an English play on the words "Tick" and "Lunatic" (as fans of the LUNA token are called)). T-shirt price $27