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This Week on Crypto Twitter: Do Kwon Takes Heat for UST Failure - Decrypt

This Week on Crypto Twitter: Do Kwon Takes Heat for UST Failure – Decrypt

Illustration by Mitchell Preffer for Decrypt It was the market’s sixth consecutive weekly decline, but on Crypto Twitter, the industry’s eyes were pinned on UST’s historic depegging.  Terra’s dollar-pegged algorithmic stablecoin collapsed, bottoming out at $.13 on Friday, causing a domino effect where the price of LUNA nosedived to virtually zero as people rushed to …

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7 Big Moments From Bitcoin and Crypto's Craziest Week Ever - Decrypt

7 Big Moments From Bitcoin and Crypto’s Craziest Week Ever – Decrypt

Where to begin? In a decade of covering crypto I’ve seen a lot of crazy things, but never a week like that. In the past, there have certainly been one-off incidents that turned the industry upside down—like the 2014 Mt. Gox hack, or Tesla buying $1.5 billion worth of Bitcoin, or Elon Musk shilling Dogecoin …

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This Week on Crypto Twitter: Coinbase NFT Flops, Musk Mocks NFTs, Scaramucci Pumps Algorand - Decrypt

This Week on Crypto Twitter: Coinbase NFT Flops, Musk Mocks NFTs, Scaramucci Pumps Algorand – Decrypt

Illustration by Mitchell Preffer for Decrypt Crypto traders are feeling the fear. For a start, the price of Bitcoin fell below $35,000 for the first time since January earlier this morning, though that’s hardly unexpected in light of the fact that most leading cryptocurrencies’ prices are in their fifth consecutive week of decline.  Still, most …

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This Week in Coins: Markets Slide Fifth Straight Week, Argentina's Largest Private Bank Offers Bitcoin - Decrypt

This Week in Coins: Markets Slide Fifth Straight Week, Argentina’s Largest Private Bank Offers Bitcoin – Decrypt

This week in coins. Illustration by Mitchell Preffer for Decrypt. For the fifth consecutive week, leading cryptocurrencies like Bitcoin and Ethereum fell, even as signs of wide adoption keep popping up: Gucci’s U.S. customers will be able to pay with Bitcoin in certain stores later this summer.  Still, prices are a fair indicator of how …

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