Mark Cuban, billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, thinks that cryptocurrency is on the same downward trend that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low on Monday, and sales of non-fungible tokens, aka NFTs, plummeted between January and March 2022. See also: Coinbase CEO says…
Tag: Cryptocurrency exchanges
Cryptocurrency luna crashes to $0 as UST falls from peg; bitcoin rises
Bitcoin staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market. The world’s largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 am ET on Friday, according to CoinGecko data, up 8% in the last 24 hours after it dropped to…