coindesk
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Despite Its Name, Terra’s Stablecoin Value Plummets
In yet another case of stablecoins being less-than-stable, terraUSD (UST) plunged below its $US1 ($1.44) price peg for the first time since its inception. Bloomberg spotted the coin slipping to about 99 cents ($1.37) over the weekend, before plunging to roughly 60 cents ($0.83) on Monday night. As of this writing, Coindesk reports that the…
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Bad Days for Bitcoin Are Back as ‘Death Cross’ Approaches
Bitcoin, the wildly wasteful, inherently speculative cryptocurrency is celebrating the new year by flatlining.
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Elon Musk Juices Bitcoin Price Yet Again with His Stupid Tweets
Elon Musk sent the price of bitcoin soaring Sunday night after a positive tweet about the cryptocurrency, which has tracked closely with Musk’s tweets over the past six months. The SpaceX founder also revealed his electric car company Tesla has sold roughly 10% of its bitcoin holdings.
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YouTube Restores Hundreds Of Cryptocurrency Videos After Flagging Them As Harmful
YouTube has restored hundreds of videos from dozens of channels that focus on crypotcurrency after they were removed earlier in the week. YouTubers like Chris Dunn report that their videos were flagged by YouTube for “harmful or dangerous content” and “sale of regulated goods.” YouTube now says that the deletions were a mistake.