The implosion of Terra’s U.S. dollar-pegged stablecoin terraUSD could change South Korea’s frenzied crypto trading market as regulators pay more attention to the situation; BTC travels sideways on Wednesday. shauryamalwa and JPRubin23 report
Bitcoin and other major cryptocurrencies traveled sideways for the second consecutive day.
A number of crypto markets analysts say that bitcoin will remain in the $28,500 to $30,500 range it has held since the collapse of the terraUSD (UST stablecoin two weeks ago until investors have clarity in how the current uncertain environment of high inflation and sagging economic indicators will resolve itself. According to minutes, released Wednesday, of their last meeting, Federal Reserve officials indicated that they would have to raise interest rates by 0.
Brent crude oil, a measure of energy market prices, hovered over $111 per barrel, and with the summer U.S. travel season approaching, demand for oil is expected to be strong.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Terra’s 'vortex of death' brings scrutiny from South Korean regulatorsSouth Korean regulators are mulling plans for the crypto industry following Terra's collapse this month.
Lire la suite »
South Korean Crypto Exchanges Issue Investment Warnings After Litecoin's MWEB UpdateThe alerts by UpBit and Bithumb comes just two days after privacy opt-ins was activated on the Litecoin blockchain.
Lire la suite »
South Korean EV battery makers in $13 billion spree to win U.S. marketPlans from LG Energy Solution (LGES), SK On and Samsung SDI Co Ltd call for an additional 320 gigawatt hours (GWh) of capacity to be built over the next few years in the U.S.
Lire la suite »
South Korean police request exchanges freeze LFG related fundsIn a new episode of Tarralabs crash, South Korean police asked top exchanges in the country to freeze any assets related to Luna Guard Foundation. The request is not enforced by law or mandatory to comply.
Lire la suite »
This Korean Fried Chicken Chain Is Planning a Big Colorado ExpansionIts first Colorado location is now open in Aurora.
Lire la suite »
An Introduction to Korean BarbecueA guide to the components of a Korean-barbecue feast, from meats to banchan to drinks, whether you're creating one at home or ordering one out.
Lire la suite »