Derivatives

Crypto crashed this week as 2 stablecoins broke the buck - here's what that means and where the market goes next

14 days ago   |   By Business Insider

A chart shows a slide in luna coin's price while supply soared in May 2022. CryptoCompare
The cryptocurrency market lost $400 billion during the week as two stablecoins lost their pegs to the US dollar.
The losses threw algorithmic stablecoin TerraUSD and "traditional" stablecoin Tether into the spotlight.
TerraUSD's sister coin luna sank to a $0 value in a spectacular selloff.
The latest crypto sell-off emanating from the unexpected dollar-peg losses by TerraUSD and Tether tested the confidence of investors this week - and could amplify calls for Washington to work faster on regulation...
Read more ...

 

Another week of job slashes and crypto crashes

Another week of job slashes and crypto crashes

14 days ago   |   By Tech Crunch

Hi friends!
Welcome back to Week In Review , the newsletter where we wrap up many of the top stories to cross TechCrunch's front page over the last seven days.
The big thing this week - at least based on what our backend suggests readers cared about most - was the crypto market plunging hard and fast. Bitcoin is down over 25% month-over-month, from around $41k per BTC to around $30k at the time I'm writing this. Ethereum is down over 30% in the same time frame - from around $3,100 per ETH to around $2,000.
Why? For that I defer to Lucas and Anita and their new podcast/newsletter Chain...
Read more ...

 


Search by Tags

   Derivatives      Market      Marketing      Computer      Data      Markets      MI Exclusive      Crypto      Terra      Terra crash      Luna coin      Bitcoin      Cryptocurrencies      Tether      Jobs      Job      TC      Google      Peloton      Week in Review  


Reviewing Trex and Svenska Cellulosa Aktiebolaget SCA

Trex and Svenska Cellulosa Aktiebolaget SCA are both construction companies, but which is the better business? We will compare the two companies based on the strength of their... Read more ...

Rocket Lab USA, Inc. Expected to Post Earnings of -$0.06 Per Share

Equities research analysts expect Rocket Lab USA, Inc. to report earnings per share for the current quarter, according to Zacks. Four analysts have made estimates for Rocket... Read more ...

Housekeepers struggle as US hotels ditch daily room cleaning

Housekeepers struggle as US hotels ditch daily room cleaning

Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more... Read more ...

Real Estate Newsletter Articles this Week

At the Calculated Risk Real Estate Newsletter this week: • The Household Mystery: Part II • April New Home Sales Decline Sharply, almost 6 Months of Inventory Under... Read more ...

Sri Lanka police tear gas protesters opposed to president

Sri Lanka police tear gas protesters opposed to president

Police have used tear gas and a water canon to disperse demonstrators trying to approach Sri Lanka's president's office to demand his resignation over the country's economic... Read more ...

Footnotes on Sequoia's startup memo

Footnotes on Sequoia's startup memo

Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here. Sequoia takes things seriously. The... Read more ...

This Week in Apps: Mobile gaming's market share hit, web3 app growth...

This Week in Apps: Mobile gaming's market share hit, web3 app growth, Niantic's new AR tools

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry... Read more ...

Russia test-fires its latest hypersonic Zircon missile

MOSCOW - The Russian navy on Saturday conducted another test of a prospective hypersonic missile, a demonstration of the military's long-range strike capability amid the... Read more ...

“Solid Growth Prospects Alongside A Very Robust Labor Market” DB Says

The outlook for Main Street and Wall Street looks good, at least according to a recent report from Deutsche Bank. Read more ...

Kellyanne Conway called ex-Fox News host Chris Wallace a 'ratings-hungry...

Former Fox News anchor Chris Wallace moderated the first presidential debate on September 29, 2020. Olivier Douliery-Pool/Getty Images Kellyanne Conway blasted Chris Wallace... Read more ...