$UST token, Terra ecosystem stablecoin, has struggled to maintain parity with the dollar.
The UST market has been volatile today, as traders scramble to adjust their portfolios in the face of macroeconomic uncertainty. The price of UST hit a low of $0.9857 on Binance against USDT, before recovering slightly to $0.995 at the time of writing. This trading pair is the most voluminous for UST, with $1.36 billion in volume reported in the past 24…
To get closer to religion through a strikingly personal adventure and attend religious events without the necessity of physically being there, the combination of NFTs and religious sites is getting increasingly popular in the metaverse world. For example, the Vatican is launching an NFT gallery for people to worship god.
Being an inclusive platform, Metars aims to combine art galleries and religious sites in the metaverse world, aiming to…
Bitcoin fell 8.6 percent on Thursday to under $36,000. The cryptocurrency is down more than 30 percent over the past two weeks and has fallen roughly from its recent highs.
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For comparison, Facebook’s market cap was $753 billion on Thursday afternoon, while Apple Inc.’s was $702 billion—both significantly higher than Bitcoin’s current worth.
The widespread unwinding of risk assets has hit the cryptocurrency market part…
The company’s CEO said that if the bitcoin price drops below $21,000, they would have to sell some of their holdings because they cannot afford to buy back the shares using only cash.
MicroStrategy (NASDAQ: MSTR) has been around for three decades. Over that time, the company has developed and deployed a series of business intelligence software solutions to help its customers gain insight into their businesses.
The company’s first-quarter…
