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Does the divergence between USDT and USDC signify a winner in the stablecoin wars?

Quick Take USDT and USDC started roughly simultaneously, back in 2018, and grew in tandem with one another as the crypto market also grew, all the way through to 2022. In May 2022, USDC took a tumble to roughly $50 billion in circulating supply – total amount of all coins ever created/issued – while USDT […] The post Does the divergence between USDT and USDC signify a winner in the stablecoin wars? appeared first on CryptoSlate. дальше »

2023-5-18 19:47


Tether USDT to strengthen reserves with Bitcoin purchase

Stablecoin issuer Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC). In a May 17 company statement, the stablecoin issuer said it would self-custody the purchased BTC — adding that its purchase “will focus exclusively on utilizing realized profits from its investment strategy, disregarding unrealized capital gains […] The post Tether USDT to strengthen reserves with Bitcoin purchase appeared first on CryptoSlate. дальше »

2023-5-17 16:05


Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling

A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. дальше »

2023-5-17 13:30


Binance Coin Price Analysis & Prediction (May 17th) – BNB Bounces Off a Triangle’s Boundary Again, Can It Hold Well This Time?

Binance (BNB) recently reached a rallying point after witnessing a lot of drawdowns this week. It recovered a bit above $300 and returned 1.4% profit in the past hours. After painting a lot of reds in the past few days, the last 24 hours of buying increased the price of Binance Coin which just found […] дальше »

2023-5-18 11:16


Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents

The U.S. Securities and Exchange Commission (SEC) attempt to seal records of internal documents connected to William Hinman’s speech has been denied, according to a May 16 court filing. The motion was denied by Judge Analisa Torres, who ruled that “the Hinman Speech Documents are not protected by the deliberative process privilege because they do […] The post Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents appeared first on CryptoSlate. дальше »

2023-5-17 11:00


Bitcoin-Decentralized No Matter What: A VIP Documentary Screening & Crypto Conference

Blockchain and cryptocurrency experts Anna Tutova and Alexander Belov, co-founders of crypto media group Coinstelegram, and Sandro Trovato, co-Founder of DataComm, a crypto & real estate investor, are organizing an exclusive event on May 24th, 2023, in Monaco, featuring a conference and screening of their latest documentary film about Bitcoin. дальше »

2023-5-17 01:00


Bitcoin Bullish Structure Holds Firm: $31,000 Breakthrough Imminent?

In the world of cryptocurrency, the market can be a confusing and volatile place. This is especially true for Bitcoin (BTC), which has seen its fair share of ups and downs in recent days. Jackis, a well-known analyst in the crypto community, has recently commented on the current state of the market, and his words may be of interest to investors. дальше »

2023-5-17 00:00


Historical Crossover Suggests Ethereum (ETH) Top Is In

On-chain data shows the Ethereum taker buy/sell ratio has formed a crossover recently that has historically signaled tops in the asset’s price. Ethereum Taker Buy/Sell Ratio 280-Day and 476-Day MAs Have Crossed Recently As pointed out by an analyst in a CryptoQuant post, the last time this crossover formed was back in May 2021, when ETH observed the bull rally top formation. дальше »

2023-5-16 20:00


SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike

Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […] The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate. дальше »

2023-5-16 15:00