2023-9-1 15:05 |
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said. origin »
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A curated weekly summary of forward-focused crypto news that matters. This week, the SEC postpones a key spot Bitcoin ETF approval decision, Paypal launches a stablecoin, and volumes on the Bitcoin futures market dry up.
2023-8-14 15:01 | |
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Tether increases USDT’s circulating supply to historic highs. USDT volumes are not quite there yet but positive address growth continues. Tether’s USDT has been the top stablecoin by marThe post USDT's marketcap reaches new all time high and this is why it's important appeared first on AMBCrypto.
2023-7-29 10:30 | |
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Solana observes a spike in activity, stablecoin, and DEX volumes increase. The price of Solana continues to decline, however, stakers remain optimistic about the network. Solana [SOL], despiThe post Solana's latest surge can kickoff a bullish wave — will SOL get up to speed? appeared first on AMBCrypto.
2023-5-6 03:30 | |
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Stablecoin transaction volumes have declined nearly 20% in a week as BUSD leads a decline in interest. The post BUSD Drives 19% Slump in Stablecoin Transfer Volumes appeared first on BeInCrypto.
2023-4-24 15:00 | |
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Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
2023-3-24 12:27 | |
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Tether (USDT) trading volumes are up by over 35% less than 12 hours after Paxos, the issuer of BUSD, a competing stablecoin, was directed to stop minting new coins.
2023-2-13 15:48 | |
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According to recent market data, 50% of the Brazilian Real (BRL) volumes involve a stablecoin. The recent development poses an impressive figure about the usage of stablecoins in Brazil, especially as only 5% of the BRL volume involves USD directly.
2022-12-30 09:30 | |
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Russians have hopped on stablecoins to circumvent Western sanctions to send trading volumes to new highs. The decision by SWIFT to kick out Russian banks from the network plays a role in the spike in stablecoin use.
2022-10-16 23:58 | |
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The Decentralized Forex and non-USD stablecoin ecosystem is bubbling. New well-funded protocols are launching across platform blockchains, and volumes on incumbent protocols like DFX are surging. This article explores how traditional forex strategies like carry trading can work in DeFi and specifically with the New Zealand Dollar stablecoin.
2022-5-3 03:00 | |
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UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar.
2022-4-18 08:09 | |
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The hype at the moment may be centered around non-fungible tokens (NFT), but DeFi has been quietly building and growing in the first three months of 2021. An April 1 report by The Defiant has analyzed some of the metrics for the industry including total value locked, decentralized exchange volumes, and stablecoin minting.
2021-4-2 08:04 | |
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Bitcoin's growth story this season has been fueled by low Bitcoin supply on exchanges and high stablecoin supply. Historically, these two factors have been a recipe for a price rally. With Bitcoin's eThe post Bitcoin: Will its price correspond to the hike in exchange-traded volumes? appeared first on AMBCrypto.
2021-2-17 19:30 | |
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A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.
2020-12-4 23:19 | |
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Released on Thur 8 Oct, CryptoCompare’s September report reveals the highest daily record volume for top-tier crypto exchanges in 2020. The analytics firm focuses mostly on exchange volumes but also records statistics on crypto derivatives, stablecoin trading, and exchange rankings, amongst others.
2020-10-10 19:54 | |
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Data shows the daily volumes for Tether – a controversial stablecoin pegged 1:1 with the U. S. dollar – could soon exceed those of Bitcoin’s. Tether to Soon Eclipse Bitcoin What was to be a mere stablecoin turned out to challenge Bitcoin, at least as a transactional tool.
2020-7-23 01:00 | |
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As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%.
2020-6-6 16:28 | |
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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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While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
2020-3-4 23:04 | |
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TrueUSD (TUSD) and USD Coin (USDC) have both seen trading volumes surge since the start of the year. Their rise could cut into Tether’s domination of the stablecoin market. Tether (USDT) is, by far, the leading stablecoin in the entire cryptocurrency market.
2020-2-27 17:18 | |
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Dai support from OKEx seems destined to have little impact in a market dominated by Tether
2019-12-18 15:01 | |
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Oct 1 Tether trumps Bitcoin for the monthly reported trading volume. Reported volumes compiled by CoinMarketCap showed that the controversial stablecoin, which is being sued by The New York Attorney General's office (NYAG), had the highest trading volume for the month of September, with roughly 18% higher volume than that of Bitcoin. Tether’s volume first […]
2019-11-11 09:13 | |
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Sources expect derivatives to power the growth of the crypto markets, soon dwarfing the volumes generated in spot trading
2019-11-4 15:58 | |
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A recent report from TradeBlock found that the total on-chain transfer volume across the largest stablecoins has surpassed Venmo’s total payment volume in Q2 2019. But while many celebrated this as a win for cryptocurrencies, some saw the numbers as overblown and said the two cannot be compared.
2019-8-5 08:24 | |
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Tether (USDT) trade volumes continue to ride high with trends similar to the cryptocurrency market highs of late 2017. The performance of this stablecoin certainly provides an interesting indicator of the overall health of coin markets.
2019-6-21 21:59 | |
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In a recent report released by Diar, the company explains that on-chain data shows that Tether (USDT) volumes are reaching a new all-time high for the second quarter of this year. One of the most shocking things is the fact that trading volumes in China are much larger than trading volumes in Western countries. Tether […]
2019-6-5 02:22 | |
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By CCN: IOTA price has appreciated more than 11-percent against the US dollar and circa 13-percent against bitcoin in the last 24 hours. The internet-of-things cryptocurrency, which is also the world’s fifteenth largest by market capitalization, peaked towards $0.
2019-5-29 15:13 | |
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The prediction that “2019 is the year of the stablecoins” seems closer to reality after Tether recorded trading volumes rivaling the world’s leading cryptocurrency, Bitcoin [BTC].
2019-5-28 15:15 | |
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Tether [USDT] has been a topic that has been voraciously discussed across the board lately, with the Bitfinex-Tether scandal providing the ground for the controversy surrounding the stablecoin. Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges.
2019-5-25 23:30 | |
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Stablecoins, led by Tether (USDT), have already made a lasting impression on 2019 with volumes beating that of 2018 in a mere five and a half months. According to a report by Diar, May 21, 2019, Tether has seen nearly $1.
2019-5-23 11:30 | |
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Opinion The recent spike in Bitcoin’s price caused a lot of frenzy in the cryptospace as it was much-needed in the face of the coin’s sideways price movement. This pump contributed to a huge influx of volume and money, causing the market cap of the cryptocurrency ecosystem to pump from $147 billion to $185 billion, […] The post Is Bitcoin’s sudden price surge mysteriously associated with the recent surge in stablecoin volumes? appeared first on AMBCrypto.
2019-4-10 12:30 | |
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Touted as the next big thing in crypto, stablecoins promise investors volatility-proof exposure to decentralized assets, but insiders say that this emerging asset class is vulnerable to the same manipulative practices that have tarnished the broader ecosystem.
2019-3-25 02:30 | |
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ADA, the native token of Cardano’s open-source blockchain project, has jumped 13. 7-percent since Thursday’s mid-session. At 1330 UTC, the ADA-to-dollar rate was trading at 0. 058, up 7.
2019-3-23 17:40 | |
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It has been recently revealed that PAX stablecoin has managed to exceed $5 million in transaction volumes within the first quarter of its existence. The news has since been shared via news outlet, Cointelegraph, who has managed to gain access to the press release.
2018-12-14 07:51 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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USDC Grows and Expands Amid Market Turbulence Around Tether USDC was launched just a few weeks ago and it showing a real interest from several users and investors in the market. According to a blog post uploaded by Circle, USDC has experienced significant increases in daily volumes, growth in its global market cap and widespread […]
2018-10-16 19:12 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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Published a month before a report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate bitcoin's price, another academic study has come to light that challenges this theory.
2018-9-25 20:35 | |
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Argentine President Javier Milei has officially dismissed Florencia Mizrahi, the head of the country’s tax office, in a momentous political move that has sparked national and worldwide interest.
Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.
The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.
The cryptocurrency market shows signs of an incoming correction hours before the U. S. Consumer Price Index report is released. The global crypto market capitalization declined 3. 3% in the past 24 hours, sitting at $2.
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…
Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen trade risks? A brief look at inflation figures Inflation is like the temperature in a room — too hot, and it’s uncomfortable; too cold,…
Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.