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| Crypto coaster | Some experts, including David Yermack, a professor of finance at the New York University Stern School of Business, say crypto's free fall started after investors began selling off digital assets in response to the Federal Reserve's interest rate hikes. But what exactly is it? Teachers: Use your school email address that can be viewed in an online school directory to allow for faster verification. Turn on desktop notifications for breaking stories about interest? But some of the heaviest-traded stablecoins saw a massive drop in value in It was very high," he told ABC News. |
| Ethereum atm | View Interactive Library. What really affected the market, he said, was the collapse of TerraUSD, a payment platform for so-called stablecoins. A few Hollywood celebs are being sued over allegations that they misled investors when promoting a little-known cryptocurrency called EMAX. Log In. Many of the borrowers, in turn, couldn't repay these loans because they had used the stablecoins to purchase other investments that had themselves dropped in value. Which Event? |
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