by COINS NEWS - 2 years ago
Like in nature we have forest fires, tsunami, floods or hurricanes - in economy, no matter if it is housing market, stock market or crypto, we have some bigger or smaller disasters. It is how it is, we can't stop no matter how hard we will try....
by COINS NEWS - 2 years ago
After Binance, Tether probably receives the most FUD in this space. Tether is allegedly: ... a ticking timebomb waiting to explode https://preview.redd.it/rr5d8jece4na1.png?width=504&format=png&auto=webp&s=f07b6df5d7b6310c0153a8cf22...
by COINS NEWS - 2 years ago
SVB apparently had a shit ton of 10-year bonds. Why you would want to tie your funds up for such little return I cannot understand but if I were to guess I’d guess it’s for Stability That’s pretty laughable now - I mean to laugh because it’s better t...
by COINS NEWS - 2 years ago
LUNA was a big top 10 crypto, Celcius and Voyager were big crypto firms that fell. FTX, one of the big crypto exchanges went bankrupt. Everyone of them were told to be "too big to fail" aand yet they did fail. What's next? Now with even...
by COINS NEWS - 2 years ago
Some doing worse than others, but 8 of the top 10 stable coins are currently no longer worth $1 USD (I've excluded UST and TRIBE since they depegged a while ago and never managed to repeg). Below are the current prices of the top 10 stablecoins...
by COINS NEWS - 2 years ago
So for the last 18 months (or so) we've had: First global financial recession since the start of crypto, One of the biggest wars/ international conflicts in the last 50-60 years, China literally banning crypto (mining, transactions, everything)...
by COINS NEWS - 2 years ago
Guys Im nervous because I keep dodging bullets! In 2021 and early 2022 I almost bought LUNA, I looked into using Celcius and thought very hard about switching to FTX for all my CEX needs after having trouble multiple times with CB customer service. I...
by COINS NEWS - 2 years ago
Title, basically. I keep seeing the MOONs elite here with tens of thousands (if not hundreds) of tokens, which in dollar value is a biiig deal to me. What is your reason to not sell while the MOONs are this high? What is your reason to keep holding?...
by COINS NEWS - 2 years ago
submitted by /u/Canntomas [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/sidmehra1992 [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/Stormtrooper501 [link] [comments]
by COINS NEWS - 2 years ago
Someone got rekt hard due this USDC panic. Kyberswap helped a user to swap $2.03M for $0.05. In the midst of the depeg panic, a user used Kyberswap to swap a $2.03M stake in the protocol's 3pool curve pool (representing a stake in USDC/USDT...
by COINS NEWS - 2 years ago
How are your bags at the moment people I'm curious to see which of us took our crypto profit in the bull market, who is actually in profit at the moment who is about breaking even. I'm also interested to see who have lost crypto through other...
by COINS NEWS - 2 years ago
The crypto ecosystem never fails to surprise me. People have been FUDing USDT for ages and it has managed to stand taller than anything else that's in existence. First UST fell, now USDC is depegging as we speak. This also highlights that stable...
by COINS NEWS - 2 years ago
I just checked my wallet after not using it for months because of the depeg and have seen my entire wallet of 270,000 USD is gone, transferred 17 days ago. It's all on my ledger which no one can possibly access, I have never typed my words in any...
by COINS NEWS - 2 years ago
Retail always thinks that it has a clue what's going on, but we don't. A lot of advice here is saying to keep your USDC based on X, Y and Z reasons. Retail always thinks that it has a clue what's going on, but we don't, nor do I. All...
by COINS NEWS - 2 years ago
USDC / Circle has confirmed that they have exposure to Silicon Valley Bank which failed yesterday. Their exposure is disclosed at $3.3 Bn As a result, USDC has currently depegged and is trading at 90c to a dollar. Circle have suspended USDC USD conv...
by COINS NEWS - 2 years ago
With USDC and Circle exposure to SVB, I decided earlier today to move my stablecoin positions into DAI. Eight hours later, I kind of wish I had chosen something else, but I think it is worth looking into what happens in different SVB insolvency...
by COINS NEWS - 2 years ago
You all have already seen the SVB led fiasco of USDC, trading at its lowest price in entire history and on a downfall. ($0.89 at the time of writing this post). What happened? A bank (Silicon Valley Bank in this case) messed it up on managing cash th...
by COINS NEWS - 2 years ago
Since the fall of FTX and arguably even long before, the media have been attacking Binance. I would argue that Binance is the most attacked company in the world. This FUD even sparked a major 'bankrun' with people withdrawing more than...
by COINS NEWS - 2 years ago
The unfortunate soul used the KyberSwap aggregation router to dump a large clip of 3CRV (DAI/USDC/USDT) LP token into USDT. This is already a questionable decision since you could just withdraw the LP into USDT for 6% slippage, but m...
by COINS NEWS - 2 years ago
Justin Sun the founder of TRON has just exchanged 82 million worth of $USDC to $DAI in some sort of arbitrage attempt. Both $USDC and $DAI have both depegged, both are trading at around ninety four cents. https://preview.redd.it/epz41w...
by COINS NEWS - 2 years ago
Usdc is holding on by a thread, a very, very thin thread. I believe there will be four ways this will end, I would love to hear you theories and thoughts on what I’m about to say, with further a do, let’s begin. FIRST OUTCOME Usdc continues being de...
by COINS NEWS - 2 years ago
I've shared these comments before but with the 3 year anniversary coming up and with recent news events and so-called "stable" coins losing their peg, I feel like now would be a good time to look through a previous "catastrophe&quo...
by COINS NEWS - 2 years ago
submitted by /u/JuicySpark [link] [comments]
