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Terra halts blockchain, Tether loses $1 peg and retail traders stay on sidelines: CNBC Crypto World


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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Joel Birch, CEO of Stacked, explains why he thinks Terra’s turmoil won’t spread to other stablecoins. He also discusses his outlook for crypto going forward.

00:00 – CNBC Crypto World, May 12, 2022
0:26 – Crypto continues decline
0:54 – The headlines
2:59 – Joel Birch of Stacked

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Terra halts blockchain, Tether loses $1 peg and retail traders stay on sidelines: CNBC Crypto World

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48 Comments

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    [Is. 55:6]

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    [Heb. 4:7]

    BEHOLD A voice out of the cloud, which said, This is my beloved Son, in whom I am well pleased; hear ye Him.
    [Mt. 17:5]

    FROM THAT time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand.
    [Mt. 4:17]

    I CAME not to call the righteous, but sinners to repentance.
    [Lk. 5:32]

    I TELL you, Nay: but, except ye repent, ye shall all likewise perish.
    [Lk. 13:3]

    FOR ALL have sinned, and come short of the glory of God;
    [Ro. 3:23]

    REPENT YE therefore, and be converted, that your sins may be blotted out, when the times of refreshing shall come from the presence of the Lord;
    [Acts 3:19]

    THE LORD is not slack concerning His promise, as some men count slackness; but is longsuffering to us-ward, not willing that any should perish, but that all should come to repentance.
    [2 Pe. 3:9 KJV]

    180 ° Turn!

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  6. Has Tether lost something? I think this is incorrect information. This can sow unnecessary panic. The leash is stable as always.

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  24. This's a great time to stay invested. Even as the crypto market appears to be crashing or at least going through a major correction. The best strategy to remain calm and stay Invested is by dollar-cost averaging. Over the years l invested in several real estates lately discovered Crypto and it has been the best part (NFT sales are in the billions, a near 38,000% increase)

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  28. People panicked and confused UST with Tether, that's why they started panic selling it, but redemptions worked just fine and now Tether is back to $1 again.

  29. Tether lost only 5-6 cents for couple hours, it's not a big deal. As the largest stablecoin, Tether proved that it's also the safest one.

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  32. Although< I have interests in global economics I don't watch the news anymore… I have enough FUD. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 17` btc from day trading with Joe Schmitt Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish…. For crypto related issues Joe Schmitt can be reached on ͲeIєɠɾαm👉Schmittsignal.

  33. These are the conditions where life changing money is made to those that stay calm, are patient, and take controlled risk. Volatility goes both ways. Larger the red candles the larger the green ones.

  34. That is funny. These reports are lies. Tether has gone to 95 cents before. Tether is stable at a dollar. The FED is doing this on purpose to bring unfair regulation. The media is paid to bring more FUD. Don't believe it!!

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