Terra ecosystem

Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Citi’s analysts said the recent weakness in bitcoin and equities, triggered in part by the collapse of the Terra ecosystem, seems contemporaneous and doesn’t show any lag or lead effect. “The Hash” hosts discuss the details of the bank’s notes and outlook for global finance.

By CoinDesk Staff

May 17, 2022 at 6:31 p.m. UTC

May 17, 2022

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Terra's UST and LUNA Collapse: How the Crisis Unfolded

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Dollar

Terra’s UST and LUNA Collapse: How the Crisis Unfolded

TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.

By CoinDesk Staff

May 16, 2022 at 12:19 p.m. UTC

May 16, 2022

DollarStablecoinsDo Kwonalgorithmic stablecoinsUSTTerraUSDLuna Foundation GuardTerra lunaTerra ecosystem

Bitcoin Struggles Around $30K Amid Broad Crypto Market Fear

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Bitcoin price

Bitcoin Struggles Around $30K Amid Broad Crypto Market Fear

Bitcoin is trading at the bottom of a year-long price range near $30,000 as the Terra ecosystem continues to cause turmoil in the broader crypto markets. CoinDesk’s Damanick Dantes discusses his bitcoin analysis and outlook, sharing insights into BTC’s fear and greed index, options and futures market and market dominance.

By CoinDesk Staff

May 11, 2022 at 8:08 p.m. UTC

May 11, 2022

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