Tag Archives: LUNA

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The twin collapses of Terra’s UST stablecoin and LUNA fueled the market-wide crumble in May, a plunge that the investors are still recovering from. However, after this turmoil, Do Kwon and his team’s recovery effortsContinue reading “Terra [LUNA]: Gauging the effects of a >200% two-day surge”

How to get-over your shady past? Well, incorporate a model (2.0 version/iteration) by learning from past mistakes. That exactly what Terra’s Phoenix blockchain token LUNA did as it recorded a >200% hike. But at what cost? Building from scratch LUNA – the cryptocurrency behind the Terra ecosystem witnessed some unprecedented hikes as we speak. At pressContinue reading “LUNA surges 3x, market cap jumps 200%; is this another Terra pump-and-dump?”

Do Kwon made his first public appearance since the fall of Luna, with an interview he did with Coinage. There’s been a lot of negative sentiment against Do Kwon, with speculators believing that Do Kwon has also profited from the fall of UST. Well, answering the speculations, Kwon came out and explicitly said that heContinue reading “Do Kwon makes bold claims about LUNA in this recent interview”

The collapse of Terra, 3AC, and insolvency crisis across crypto institutions has sent the market into severe bear tendencies over the course of Q2. Despite gradual recovery during July, the broader market remains tense and vulnerable right now. Bitcoin [BTC] is trading just below $22,900 while Ethereum [ETH] is mounting a massive rebound towards $1,600Continue reading “Crypto winter update: Will the disaster of Q2 continue to cripple Q3 of 2022? “

The Terra Classic’s LUNC was spotted breaking out of a falling wedge on 15 July on the daily chart. The token, then, embarked on a temporal upward rally.  The breakout forced an intraday 9% uptick in price, causing the token to touch a high of $0.00010639 on the same day.  However, this was followed by aContinue reading “LUNC holders should ‘Kwon’ these investment-saving updates”

Terra Classic [LUNC] HODLers woke up to a pleasant surprise on the morning of 27 June when the infamous hacker activist group known as ‘Anonymous’ announced that they are looking into Do Kwon’s crimes. Notably, the ‘Anonymous group earned its popularity for hacking and exposing corruption in governments and major corporations around the world. TheContinue reading “Terra Classic spiked 17.63% in last 24-hour; reason might comfort you”

In light of regulatory actions following the collapse of Terra’s LUNA and its UST stablecoin, holders of these crypto-assets now seek compensation for their losses. On 13 June, a class-action lawsuit was instituted against Binance.US and its CEO Brian Shroder by Jeffrey Lockhart, who sued for himself and on behalf of all other “similarly situated”Continue reading “LUNA and LUNC: A fight on the legal front, but what of the price front?”

Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rumors that the company will be the latest to crash in a domino effect- after LUNA. Well, not to forget, Celsius Network’s latest announcement too had an impact on the broader market condition. Three Arrows Capital soldContinue reading “Would 3AC be the latest domino to fall after UST and Celsius”

It is roughly one month since LUNA and UST crashed. There have been significant changes during that time, including a plan to keep LUNA alive through a fork. The latter resulted in LUNA 2.0 and LUNA Classic. Many who suffered big losses from the LUNA crash have distanced themselves from the project. However, there areContinue reading “Decoding the LUNA 2.0 v. LUNA Classic debate: Which one should you buy”

Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean police. He is now at the heart of a latest crypto community backlash. “No Kwon do” 1/ This should be obvious,Continue reading “Genuine mistake or fraud? That’s the question Terra’s Do Kwon needs to answer”

The U.S Securities and Exchange Commission has launched an investigation into the Terra crash. The Terra explosion is one of the biggest busts in the crypto history. The probe also investigates the marketing of the native TerraUSD token. Fresh backlash on TFL Local news outlet JTBC reported that, “The U.S Securities and Exchange Commission recentlyContinue reading “How these new ‘money laundering’ claims tie into the Terra UST depegging fiasco”

As people continue to run from Terra’s Luna Classic token [LUNC] and its accompanying stablecoin, UST, recent data from CoinMarketCap showed that even more people are running towards it. Following the 9 May incident that led to the depegging of the UST stablecoin and the collapse of Terra’s LUNC, a hard fork was implemented thatContinue reading “LUNC: Decoding what growth in number of unique addresses could mean for investors”