Are stablecoin in-flows determining Bitcoin's movement?

2021-1-14 19:00

Over the past few weeks, the rise of Bitcoin in the charts has overshadowed other developments in the industry. Between 26th November to press time, Bitcoin has grown by 123%. The particular importancThe post Are stablecoin in-flows determining Bitcoin's movement? appeared first on AMBCrypto.

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bitcoin stablecoin movement determining in-flows 123 press

Источник: ambcrypto.com

bitcoin stablecoin → Результатов: 126


Bitcoin Recovers Back To $57,000: Here’s What Could Be Behind This

Bitcoin has surged in the last 24 hours with its price recovering back to $57,000. Here’s what could be behind this, according to on-chain data. Exchanges Received Large Stablecoin Deposits Ahead Of Bitcoin Rally In a new post on X, the market intelligence platform IntoTheBlock has discussed about the significant stablecoin net inflows into exchanges […]

2024-9-11 03:30


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Is Another Bitcoin Rally Coming Soon? This Pattern May Say So

On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain analytics firm Santiment, the sharks and whales of the major stablecoins have been increasing their reserves while Bitcoin has been struggling recently.

2023-8-1 16:40


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Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists

With Bitcoin seemingly finding a local top, all eyes in the crypto space have migrated to stablecoins, digital assets tied to and backed by a “stable” reserve asset. Although present in the cryptocurrency industry for 2017 and 2018, the assets have become increasingly important to the market over the past few months, as they’ve grown […] The post Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists appeared first on CryptoSlate.

2020-4-24 16:00


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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […] The post Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs appeared first on Bitcoin News.

2020-3-31 02:30


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Tether (USDT) Usage Booms Among Businesses in Asia, Europe

According to a Bloomberg report published on January 22, 2020, premier stablecoin Tether (USDT) is witnessing a strong surge in demand by small merchants primarily based out of Asia and Europe. Tether Experiences Surprising Adoption Cryptocurrencies like Bitcoin (BTC) have existed for more than a decade now but their real-world adoption is still minuscule comparedRead MoreRead More.

2020-1-23 18:00


Binance’s NYDFS Approved USD-Backed Stablecoin ‘BUSD’ Gives Users A Zero Fee Trading Option

The top crypto exchange highlights the Binance USD backed stablecoin (BUSD) being approved by New York’s State Department of Financial Services (NYDFS). Although it has been approved since launching in partnership with Paxos, this is a reminder to traders that during volatile swings in prices, there is a zero-fee option to jump out of Bitcoin […]

2020-1-7 16:44


Facebook’s Active-User Network, A Third of Global Population, Sets Libra Apart From Others: Fed

The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]

2019-12-18 21:12


Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm

Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation.

2019-12-11 20:00


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Bitcoin Price Pumps Following $84M Tether Deposit to OKEx

More than $84 million worth of the controversial stablecoin Tether (USDT) has just been transferred to the Malta-based cryptocurrency exchange OKEx. With some commentators alleging that USDT is being used to artificially prop up the price of Bitcoin, the funds arriving at the trading venue today may have been partly responsible for the latest price […] The post Bitcoin Price Pumps Following $84M Tether Deposit to OKEx appeared first on BeInCrypto.

2019-12-5 16:43


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