Crypto Time: What caused the panic sales on Terra (LUNA)

Crypto Time: What caused the panic sales on Terra (LUNA)?

Terra Luna coin is a project that has recently encouraged investors with high rewards for staking on the network. The project also boasted a growing TVL (Total Value Locked) which meant that more and more people were locking their tokens into the Terra blockchain and not going to sell them to earn passive rewards for staking to help validate transactions in the ecosystem.

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The Turkish lira is so insane now, even most volatile shitcoin is looking safe

The Turkish lira is so insane now, even most volatile shitcoin is looking safe

Turks are turning to cryptocurrencies to stave off volatility in the lira. Daily cryptocurrency trading has surged above 1 million per day, according to a Reuters report. The Turkish lira has slumped 40% against the US dollar amid interest rate cuts and high inflation. As the Turkish lira plummets, cryptocurrency trading is surging.

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Bitcoin and Ethereum to rise but still not expensive

Bitcoin and Ethereum to rise but still not expensive

While Bitcoin prices broke records on the second trading day of the week; Ethereum prices also accompany Bitcoin. Analysts, while evaluating the latest situation, stated that the developments in the global economies supported the predictions of $ 80,000 for the end of the year in Bitcoin; “Bitcoin is not expensive despite the rise,” they say.

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September review and October forecasts in the crypto market

September review and October forecasts in the crypto market

While September was a busy month for cryptocurrencies, we see that projects that have projects and that receive future investments come to the fore. In this month’s returns, in which DeFi and NFT projects come to the fore, 44 percent ALGO, 50 percent ATOM, 67 percent AVAX and 26 percent SOL come to the fore.

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