A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
BTC is stabilizing around $30K while stock market volatility begins to fade.
Bitcoin's average trading volume rose toward its highest level since January, which could point to a brief period of price stabilization.
Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.
Since Bitcoin doesn't have centralized leadership, Bitcoin Improvement Proposals are essential for the community to discuss and approve any upgrades.
Bitcoin declined by as much as 6% over the past 24 hours, as LUNA dropped 96% and SOL fell 30%.
Algorithmic stablecoins are under pressure after Terra's UST lost its $1 peg.
Luna Foundation Guard buying billions of dollars in bitcoin without an infrastructure ready to deploy left Terra’s UST vulnerable to a “Soros-style attack,” an analyst said.
BTC rose by 4% over the past 24 hours, compared with a 19% rally in MATIC.