The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
Friday, September 22, 2023
  • Login
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
Subscribe
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
No Result
View All Result
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
ADVERTISEMENT
Home News Story

The UST Crash Will Have A Long-Term Positive Effect On The Crypto Market! Here’s How to Do It

by Ashutosh Thakur
June 17, 2022
in News Story
129
0
The UST Crash Will Have A Long-Term Positive Effect On The Crypto Market! Here’s How to Do It
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

RelatedPosts

MNBC : l’Australie veut plus qu’une simple monnaie numérique

Comment éviter le chaos, grâce au Bitcoin et aux cryptomonnaies ? Panel théorique ParisDotComm

Consensys poursuivie en justice : MetaMask ne serait pas son idée ?

According to FSInsight, the recent aggressive selling of cryptocurrencies was prompted by a mix of economic headwinds and over-leveraged yield plans. The digital asset market has lost more than $200 billion in sales as a result of this.

Head of digital asset strategy, Sean Farrell, noted that “The decline of terraUSD (UST) and Celsius is long-term favorable for the market,”

Furthermore, according to the note, such open instances of illiterate capital destruction are typically ignored in the traditional banking business. Crypto markets have the advantage of “repeating and developing at a faster rate.”

Massive Borrowing Using An Uncertain Staking Method

“In terms of Celsius,” FSInsight noted, “if revenue-generating strategies appear too impressive, they usually are.” “Notable for promoting ‘risk-free’ profits on customer assets,” according to the crypto lender. The shift necessitated vast amounts of borrowing and risky and unstable staking procedures.

The crypto lender was also “known for promoting ‘risk-free’ profits on customer assets,” which necessitated enormous amounts of borrowing mixed with risky and insecure staking procedures.

“Leverage becomes a lethal double-edged weapon in a tight circumstance, striking when you least expect it,” the note said.

FSInsight expects crypto prices to rise in the year’s second half and feels now is the time for medium- to long-term traders to consider boosting their bitcoin holdings (BTC).

Was this writing helpful?

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

MNBC : l’Australie veut plus qu’une simple monnaie numérique
News Story

MNBC : l’Australie veut plus qu’une simple monnaie numérique

August 27, 2023
1.9k
Comment éviter le chaos, grâce au Bitcoin et aux cryptomonnaies ? Panel théorique ParisDotComm
News Story

Comment éviter le chaos, grâce au Bitcoin et aux cryptomonnaies ? Panel théorique ParisDotComm

August 15, 2023
1.9k
Consensys poursuivie en justice : MetaMask ne serait pas son idée ?
News Story

Consensys poursuivie en justice : MetaMask ne serait pas son idée ?

August 3, 2023
1.9k
Cryptocurrency News – Week of July 23, 2023
News Story

Cryptocurrency News – Week of July 23, 2023

July 24, 2023
1.9k
USDC at half price and maximum profit: it broke the bank of this casino
News Story

USDC at half price and maximum profit: it broke the bank of this casino

July 21, 2023
1.9k
BlockFi ZAC Prince is accused of negligence over FTX
News Story

BlockFi ZAC Prince is accused of negligence over FTX

July 20, 2023
1.9k
Load More
  • Trending
  • Comments
  • Latest
-The Blockchain Cafe

Write for us – guest post

April 14, 2022
Important Update On The Celsius Network

Important Update On The Celsius Network

June 14, 2022
TCS-The Blockchain Cafe

TCS roll-outs Quartz DevKit to help businesses build blockchain applications 40% faster

December 4, 2021
Quorums and Quorum Slices -The Blockchain Cafe

What Are Quorums and Quorum Slices?

December 4, 2021
OneCoin: the $4 billion Ponzi back in court

OneCoin: the $4 billion Ponzi back in court

0
The Blockchain Cafe

10 Things A Crypto Beginner Should Know

0
Binance Launches Training Program for Government Agencies

Binance Launches Training Program for Government Agencies

0
NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

0
MNBC : l’Australie veut plus qu’une simple monnaie numérique

MNBC : l’Australie veut plus qu’une simple monnaie numérique

August 27, 2023
Comment éviter le chaos, grâce au Bitcoin et aux cryptomonnaies ? Panel théorique ParisDotComm

Comment éviter le chaos, grâce au Bitcoin et aux cryptomonnaies ? Panel théorique ParisDotComm

August 15, 2023
Consensys poursuivie en justice : MetaMask ne serait pas son idée ?

Consensys poursuivie en justice : MetaMask ne serait pas son idée ?

August 3, 2023
Cryptocurrency News – Week of July 23, 2023

Cryptocurrency News – Week of July 23, 2023

July 24, 2023
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Navigate Site

  • News Story
  • Blockchain
  • Cryptocurrency
  • NFT
  • Metaverse
  • DAO
  • Listicle

Follow Us

No Result
View All Result
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version