UST

Japanese markets are closed today for Japan's public holiday, Navy Day. Seaman's Day, or Umi no Hi, is a national holiday in Japan celebrated on the third Monday in July. It honors the importance of the ocean to Japan as an island nation…

Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial…

Developer Andre Cronje published a post questioning whether Ethena will be the next UST. In a post on X on April 3, Cronje compared Ethena (USDe) to the infamous UST stablecoin. “UST I had a high degree of confidence would fail, the…

The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month, reaching $840 million. Following the setback of the Terra…

Gold (XAU/USD) Analysis, Prices, and ChartsPowell not confident that the Fed has done enough to get inflation down to target.US 30-year bond sale floundered, sending yields sharply higher.DailyFX Economic CalendarFederal Reserve Chair…

In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin TerraUSD classic (USTC) in 2022, eventually leading to its…

In a bid to defend itself against the “complex cryptocurrency action” brought against it by the US Securities and Exchange Commission (SEC), Terraform Labs has once again filed a motion against Citadel Securities, asking the court to…