Dossier
Terra Luna
Coverage of Terra Luna in the Nexus archive.
- Bitcoin fell 21% after Strategy’s debt buyback news— Is a Terra Luna-style doom loop next?
Bitcoin price fell 21% following Strategy's debt buyback news and tighter liquidity conditions, with the firm pausing its BTC buying. The article questions whether a Terra Luna-style doom loop could follow.
- The 4 year anniversary of the Terra Luna crash
The Terra Luna crash occurred four years ago, causing a significant financial loss for investors, with the value of Luna dropping from $119 to nearly $0. The crash led to the creation of a new coin, Terra 2.0, which was marketed as a way for investors to recover their lost funds. Many investors were personally impacted by the crash and some reported noticing early signs of failure before it made headlines.