2018-12-17 13:17 |
The algorithmic stablecoin using BitShares as collateral broke its dollar peg in December.
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UPDATE: UST is now trading at $0.91 as of 7.42GMT May 9 and appears to have lost its dollar peg. The post Terra’s UST drops 850 basis points against the dollar, loses peg appeared first on CryptoSlate.
2022-5-9 19:55 | |
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The ongoing drama surrounding the opaque operations of Tether throughout 2018 has driven the proliferation of similar pegged currencies, leading to USDT’s dominance over the stablecoin markets waning.
2018-12-8 00:30 | |
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“Stable, but built on tears,” says one redditor.
2018-11-22 01:29 | |
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USDX Wallet is a blockchain-based cryptowallet made for instant payments. It features USDX a 1:1 ratio, making it easy to figure out your balance or calculate the amount to transfer. US dollar peg makes USDX a steady store of value.
2018-11-19 15:26 | |
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There has been a massive influx of stablecoins in the cryptocurrency industry. The purpose of these currencies is very simple: maintain their peg to the US Dollars at all times. Surprisingly, that is a very difficult task for nearly all stablecoins, especially during these volatile times.
2018-11-17 22:15 | |
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This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now.
2018-11-16 06:05 | |
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CoinSpeaker Dash Surges Amid Tether Effect, Launches Text-Based Crypto Payments in Venezuela While Tether loses its peg against the US Dollar, Dash price is surging. Another positive news is that the startup is launching Dash Text - text-based crypto payment service in Venezuela.
2018-11-5 14:07 | |
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The market started feeling a little queasy last week. The Tether (USDT) price had unaccountably lost its peg to the US dollar. Different exchanges were reporting different prices, but some were going as low as $0.
2018-10-26 19:30 | |
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With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies.
2018-10-20 17:49 | |
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The Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins' month-old stablecoin. Its volume surged when tether's peg broke.
2018-10-18 21:00 | |
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Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.
2018-10-17 01:17 | |
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The Gemini dollar has broken its peg, climbing to an all-time high of $1.19 on Tuesday.
2018-10-17 20:15 | |
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The USDT digital asset remains below the dollar, while accumulation continues on Bitfinex.
2018-10-16 11:49 | |
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The sky is falling in Crypto today because its biggest stable coin has lost its peg to the dollar. Tether USDT, long claimed to be backed up by millions in fiat reserves, is no longer trading at a dollar, currently sitting at $0.
2018-10-16 00:52 | |
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Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.
2018-10-16 22:42 | |
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Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U.
2018-10-16 20:18 | |
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After days of troubling transactions slowly draining Bitfinex of Bitcoins and pumping in Tethers, the Bitcoin trading premium exploded, in effect breaking the dollar peg of USDT.
2018-10-15 11:20 | |
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The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U. S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere.
2018-10-15 10:19 | |
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Tether has reached its lowest level since February, falling to a low of $0.95 recently while currently standing at $0.975 at the time of writing. The dollar pegged token usually... The post Tether Losing Its Peg appeared first on Trustnodes.
2018-10-15 17:36 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Would you have thought it possible to peg a cryptocurrency to a fiat currency? Well, that was a pipe dream in the early days of coins but not anymore since coins such as USDT are pegged on the US dollar.
2018-8-30 15:23 | |
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The Taiwan-based technology corportation Green World Fintech Service has made the official announcement that they’ll be launching their own cryptocurrency stablecoin. The token is going to be called the TWDT, based on ERC20 tokens that operate on the Ethereum network.
2018-7-9 08:20 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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Less than 24 hours after triggering a $4 million loss in Hyperliquid’s HLP Vault, the same whale trader reappeared If whales can manipulate liquidation engines, smaller traders may feel at a The post Hyperliquid’s $4M culprit bags $177K in fresh gains - Details appeared first on AMBCrypto.
Ripple has secured a DFSA license, marking its first regulatory approval in the Middle East XRP may be seeing bullish momentum as SEC nears resolution of its lawsuit against Ripple Ripple haThe post Ripple scores Dubai green light - DFSA license unlocks crypto payments in the UAE appeared first on AMBCrypto.
The Fear and Greed Index has plummeted to 21, marking heightened fear in the market. ETF net flows show a mixed trend, with BTC seeing minor inflows while ETH struggles with continued outflows.
Pi Network’s 82. 8 billion holdings sparked concerns over centralization, transparency, and validator control. Despite reaching a $12. 26 billion market cap, PI faced growing skepticism amid goThe post Pi network not really decentralized? 82.
Despite altcoins seeing significant losses, XRP's dominance has been at its highest level since 2020. XRP has gained by 2.61% over the past day. Over the past year, Ripple's XRP has experienThe post XRP Dominance booms as altcoins bleed - Can it challenge Bitcoin, Ethereum next? appeared first on AMBCrypto.
Ethereum's net taker volume remained deep in the red, signaling sustained sell pressure over the past few months. Despite the selling pressure, the total number of ETH holders continued to incrThe post Ethereum faces heavy sell-off - So how are investors still holding strong? appeared first on AMBCrypto.
The declining crypto trading volume raised concerns about weakening market momentum and trader exhaustion. Sustained recovery requires both rising prices and increasing trading volume for stronThe post Crypto trading volume plunges 63% despite market cap recovery - Rally at risk? appeared first on AMBCrypto.