marketcrash
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bitcoin
05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
05/14/2022
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By Ethan Huff
Crypto “HODLers” getting SUICIDAL as entire life savings now VANISHING in accelerating crypto carnage
People who lost everything in Terra (UST) and Luna are now contemplating suicide after having their lives ruined by more cryptocurrency scams. On Reddit, one person wrote that his friend and ex-manager of 15 years tried to commit suicide after moving basically all of his life savings to crypto in 2021. “… Luna was a […]
05/13/2022
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By Arsenio Toledo
Bitcoin price briefly falls below $26,000 as crypto sell-off erases more than $200 billion from the market
The value of bitcoin briefly fell below $26,000 for the first time in 16 months before rallying. The dip in value comes amid a broader sell-off in cryptocurrencies that saw more than $200 billion worth of crypto disappearing from the entire market in a single day. On Thursday, May 12, bitcoin’s value fell as low as […]
05/13/2022
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By Mike Adams
CRYPTO CARNAGE and market mayhem foreshadowing the “mother of all collapses” to come
The absurd but often-hyped claim that “crypto is digital gold” has collapsed. The LUNA token, part of TerraUSD “stablecoin” ecosystem, turned out to be entirely unstable, collapsing to zero after a massive hyperinflationary LUNA token creation event (combined with a redemption / selloff factor) that plunged into a death spiral this week. All LUNA investors […]
05/12/2022
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By Ethan Huff
“Stablecoins” Terra and Luna crater, exposing some cryptos as highly unstable Ponzi scams
UST, a so-called “stablecoin” that also goes by the name of TerraUSD, along with its “sister” token Luna, have both pretty much collapsed, demonstrating that the idea of a cryptocurrency coin being stable is pure fantasy – not that the Federal Reserve’s fake fiat “Monopoly” money is any better or more stable, just to be […]
05/12/2022
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By JD Heyes
Bitcoin investors continue to take a bath as leading cryptocurrency tanks
Once upon a time, it appeared the global financial future was bitcoin, but that assumption has proven to be dead wrong. In fact, according to a new analysis, 40 percent of bitcoin investors are now underwater with their initial layout, which is made even worse by the fact that — thanks to the lousiest president […]
03/08/2022
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By Mike Adams
The CRYPTO tipping point has arrived as corporate banks SHATTER public trust… every person must become proficient in crypto or risk losing everything
For the last several years, I have been a vocal supporter of the technology and decentralization behind crypto, but simultaneously a vocal critic of the hype and speculation that characterizes so much of the crypto ecosystem. Until recently, there didn’t seem to be a compelling reason to exit the traditional banking system and embrace crypto […]
02/23/2022
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By Arsenio Toledo
Bitcoin’s value continues to shrink amid Russia-Ukraine conflict; investors turn to gold and silver
The values of Bitcoin and other cryptocurrencies are crashing as the crypto market reacts negatively to the escalation of tensions in Eastern Europe between Russia and Ukraine. Meanwhile, the trading prices of precious metals like gold and silver are surging like never before. This is according to financial analysts David Morgan and John Perez, who […]
01/24/2022
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By Ramon Tomey
Russia plans to ban crypto mining and trading – regulator report
Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. 20, via […]
01/23/2022
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By JD Heyes
More cryptocurrency fraud? Bitcoin slides as shares of MicroStrategy slip and SEC rejects company’s accounting methods
Several cryptocurrency analysts once again suspected fraud in the industry after shares of MicroStrategy fell nearly 18 percent on Friday following a decision by the U.S. Securities and Exchange Commission to reject the firm’s bitcoin accounting methods. The business intelligence software firm’s stock was already declining in value along with the price of bitcoin, which […]
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