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USTC Preps For Explosive 360% Run, Crypto Analyst Reveals When

[Aug 12 3:30 PM] Crypto analyst Javon Marks has again provided a bullish narrative for Terra Classic USD (USTC). This time, the analyst predicted that the ‘stablecoin’ could rise by over 360% and revealed when this parabolic run would happen.  When USTC Will Rise…

Terra Classic Poised For 280% Rally On ‘Major Recovery Strength’ – Analyst

[Jul 22 3:00 AM] Terra Classic (USTC) has made headlines with a 17% price increase. Trading and expert attention is currently on the token’s quick ascent. People assume a significant positive divergence caused the bullish momentum. Respected crypto expert…

Analyst Upbeat On USTC, Sees Price Soaring Over 300%

[Jul 12 2:56 AM] USTC has shown notable price movements of late. From an abrupt drop earlier in the year to an optimistic current return, both experts and investors find appeal in the digital asset. USTC plummeted more than 51% from $0.330 at the start of the year…

Why Is The Price Of LUNC And USTC Up Today?

[Mar 25 7:00 AM] The prices of LUNC and USTC have both seen a considerable boost in the past day. But although there has been a bit of a recovery in the crypto market, another reason entirely is behind this surge in price and it has everything to do with the…

Terra Classic Community Burns A Staggering 700 Million LUNC And 230,000 USTC – Details

[Jan 22 6:00 AM] The Terra Classic Community recently had something to cheer about following revelations about the amount of LUNC and USTC token burns that were carried out in the past week. During that period, a significant amount of LUNC and USTC tokens are said…

Crypto Veterans Team Up With New Proposal To Send LUNC And USTC To $1

[Dec 25, 2023 4:30 AM] The LUNC community has received a proposal from Genuine Labs, a group of experienced developers who aim to contribute to the Terra Classic ecosystem, something that could help revive the USTC and LUNC tokens.  What The Latest LUNC Proposal Is About…

Terra Classic Validator Presents ‘Legally Absolved Route’ To Burn 800 Million USTC

[Dec 14, 2023 5:00 PM] Back in August 2023, the Terra Classic community passed a proposal that would see 800 million USTC incinerated. This move came about as the community worked to help the token recover and be re-pegged back to the US dollar. Naturally, the proposal…

USTC Explodes 335% In Fresh Bullish Streak – What’s Pushing The Price Up?

[Nov 30, 2023 3:40 AM] USTC experienced an impressive surge this week, propelled by two key catalysts: a newly introduced Binance perpetuals contract listing and the unveiling of a bitcoin-focused makeover along with an enticing airdrop initiative. Notably…

LUNC Soars Over 70% – Temporary Spike Or Sustainable Climb Ahead?

[Nov 29, 2023 4:05 AM] Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to notable advancements within the Terra…

Road To $1: Why Did Terra Classic (USTC) Rise 300% In One Day?

[Nov 27, 2023 3:30 AM] TerraClassicUSD (USTC), the algorithmic stablecoin tied to the LUNA ecosystem, recently went on an upward trajectory to register gains of over 300%. In a stunning cascade of events, the token’s price spike in the past 24 hours has left investors…

Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?

[Sep 25, 2023 2:30 AM] The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra…

Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg

[Sep 24, 2023 3:30 PM] Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave…

Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg

[Sep 19, 2023 11:00 AM] A Terra Classic community member with the X handle Rexyz has kicked against burning USTC tokens to enable the stablecoin to recover its dollar peg. According to the X post made on September 18, Rexyz outlines an alternative solution that may lead…

Here’s Where The Price Of LUNC Will Land This August, According To This Algorithm

[Aug 3, 2023 4:00 AM] LUNC’s community has worked continually towards reviving the ecosystem’s native LUNC token. However, recent data from this artificial intelligence (AI) algorithm suggests these efforts might not be enough. LUNC’s Price Prediction PricePredictions…

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail 

[Jul 21, 2023 11:30 AM] Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the…

Stablecoin dominance slides as market cap falls to near 2-year lows: CCData

[Jul 20, 2023 9:07 PM] After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization.

SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value

[Jul 19, 2023 8:07 AM] Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The…

USTC Surprises With Nearly 60% Rally – What’s Going On?

[Jul 17, 2023 12:22 AM] The value and popularity of TerraUSD Classic, or USTC, the algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, have skyrocketed recently. Today, the stablecoin makes a surprise rally, sparking a great deal of interest among investors and…

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

[Jun 16, 2023 4:30 PM] Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately…

USTC: Will Proposal To Re-Peg Stablecoin Push LUNC To $1?

[Apr 29, 2023 4:42 AM] In one of the most catastrophic events to ever hit the crypto industry, the prominent algorithmic stablecoin TerraClassicUSD (USTC) – formerly UST – became depegged from the US dollar around a year ago. As a result, the Terra ecosystem…

Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%

[Apr 28, 2023 2:00 PM] Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are…

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

[Mar 13, 2023 6:47 PM] The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia.

Stablecoin issuer Paxos reportedly probed by New York regulators

[Feb 9, 2023 11:42 PM] While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year.

South Korean officials traveled to Serbia to find Do Kwon

[Feb 8, 2023 12:01 AM] South Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back.

Terra co-founder Do Kwon hiding out in Serbia, authorities say

[Dec 11, 2022 8:21 PM] South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea.

FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in

[Dec 8, 2022 1:00 AM] As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA.

Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

[Nov 28, 2022 11:05 AM] It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per…

Celsius had 'insufficient' accounting and operational controls, says examiner

[Nov 20, 2022 9:56 PM] The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.