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Description
Bitcoin investors are panicking as a controversial crypto Every professional investor in crypto has one eye on UST today, watching to see if it can maintain its peg to the...
show moreEvery professional investor in crypto has one eye on UST today, watching to see if it can maintain its peg to the dollar.
Crypto investors are keeping a close eye on UST, a controversial stablecoin, as the organization that supports it is sitting on billions of dollars in bitcoin.
Traders worry the project might have sold, or will sell, a large portion of its bitcoin to prop up UST.
There's clearly significant risk in the market.
Information
Author | blakesmithar |
Organization | blakesmithar |
Website | - |
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