Bitcoin and other cryptocurrency assets are notoriously volatile, routinely suffering large drops of 50% or more. This doesn’t seem to bother the diehard believers in crypto too much, who have become used to declines of this magnitude. They simply use the declines to buy more. Even so, there are still a lot of people in…

Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterDAVOS, Switzerland, May 22 (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday.Although India’s…

Taipei, Taiwan – As the crypto winter deepened this month, one wealth-destroying event – the collapse of the TerraUSD (UST) and Luna coins – has brought the human cost of unstable cryptocurrency projects to the surface. UST, a so-called “algorithmic stablecoin,” plummeted over the last week as it lost its peg against the US dollar…

Bitcoin’s value fell by more than half its value since its November 2021 peak, which caused the entire cryptocurrency market to collapse. Terra (LUNA) and TerraUSD (UST) both experienced such steep declines that investors may be spooked. When both cryptocurrencies were enjoying their honeymoon period a month ago, who would have thought they would face…

If you can’t stand it when people talk about crypto, you’re not alone. The “crypto bro” stereotype can turn people off from learning more about the technology. We tend to retreat from unfamiliar concepts, especially when they’re being pushed in our faces. Loading Something is loading. You know the guy. He wears a Moncler vest,…