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CoinDesk Crypto

Terra, Web 3 and Acceptable Risk in Innovation

4 years 5 months ago
As the process of price discovery continues, and traders of bitcoin (BTC) and other crypto assets are trying to find where these markets will bottom out, it’s worth taking a moment to ask why you’re still in the game. Presuming you haven’t been liquidated.The US

Why One Advisor Is Pumping the Brakes on Crypto

4 years 5 months ago
In much of the crypto press, you often find a lot of optimism, positivity and hope for the future of this asset class, even in the face of challenging markets.This kind of optimism can be contagious. Indeed, over the past two years the mainstream financial press has adopted a mos

Why One Adviser Is Pumping the Brakes on Crypto

4 years 5 months ago
In much of the crypto press you often find a lot of optimism, positivity and hope for the future of this asset class, even in the face of challenging markets.This kind of optimism can be contagious. Indeed, over the past two years the mainstream financial press has adopted a most

Regulators Should Pay Attention to UST

4 years 5 months ago
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at this particular model of stablecoin.You’re reading State of Crypto, a CoinDesk newsletter looking at the

The LUNA and UST Crash Explained in 5 Charts

4 years 5 months ago
The Terra money machine collapsed almost entirely today. The UST stablecoin remains deep in the sub-dollar doldrums for the third day running, and LUNA, its sister token, has fallen almost 97% off its 2022 high. The near-complete failure of a darling of decentralized finance (DeF

After DeFi, DeSoc: Finding Web 3’s Soul

4 years 5 months ago
Web 3 has stunned the world by forging a parallel system of finance of unprecedented flexibility and creativity in less than a decade. Cryptographic and economic primitives, or building blocks, such as public key cryptography, smart contracts, proof-of-work and proof-of-stake hav

Coinbase Brings Another Cryptocurrency Risk to Light

4 years 5 months ago
A precipitous plunge in Coinbase Global (COIN, $72.99) stock is suddenly more than just a concern to current shareholders. That's because the cryptocurrency exchange operator just warned its users that, in the event of a bankruptcy, the company might just hold on to their digital

Bitcoin: Walking a Slippery Slope 2.0

4 years 5 months ago
Bitcoin is no stranger to parabolic moves. Over a 10-week period starting November 2020 into January 2021, bitcoin advanced from 13,823 to a then-record high of 38,048. Despite advancing another 64% over the next ten months, January 2021 marked the peak in its weekly RSI.
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