First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

There’s a lot to unpack about Terra’s UST collapse. Probably least understood was LFG’s opting to lend almost all its reserves to market makers to support the $1 UST peg by specifically making trades marked to $1. TheSamReynolds and JPRubin23 report

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

thesamreynolds JPRubin23

thesamreynolds JPRubin23 I have learnt my lesson never to put my money in any other project other than Bitcoin .

thesamreynolds JPRubin23 Wait... What Like.. to artificially stabilize UST or what? 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company offering free therapy for Texas frontline workers through $1 million programThe initiative will offer therapy and mental health services via 12 free sessions per eligible frontline care professional. Texas mentalhealth FrontlineWorkers Therapy healthcare pandemic COVID19
Source: SAcurrent - 🏆 607. / 51 Read more »

Nonprofit company vows to produce generic insulin and sell it for $1 a dayPeople living with insulin-dependent diabetes have been waiting a long time for someone to do something to make it more affordable. It looks like that time may finally be arriving. I love the USA and living here is great but after living in the UK and Japan I'm baffled by the healthcare system here. Insurance companies deciding a patient's treatment and medication? It's ludicrous.
Source: MarketWatch - 🏆 3. / 97 Read more »