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New MakerDAO proposal seeks to raise savings rate to 3.33%

Five months after raising the DAI savings rate (DSR) to 1%, the MakerDAO community is expected to soon vote on a new proposal that seeks to increase the DSR further to 3.33%. The last rate hike saw 35 million DAI stablecoins deposited in a span of a month and if the new proposal is to […] The post New MakerDAO proposal seeks to raise savings rate to 3.33% appeared first on Invezz. дальше »

2023-5-27 10:53


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Sharks & Whales Accumulate Stablecoins, Why This Could Be Bullish For Bitcoin

Data shows the sharks and whales of the largest stablecoins have been accumulating, something that may turn out to be bullish for Bitcoin. Sharks & Whales Have Been Loading Up On Stablecoins Recently According to data from the on-chain analytics firm Santiment, the sharks and whales have recently improved their share of the total supply of stablecoins like USD Coin (USDC), Dai (DAI), and Binance USD (BUSD). дальше »

2023-5-24 15:42


Less than $20 billion of stablecoins left on exchanges as capital continues to drain

Key Takeaways Nearly $24 billion of stablecoins have left exchanges since FTX collapsed last November The total marketcap of stablecoins has dipped $16 billion in that time Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices Strict regulatory climate in the US, high yields in trad-fi and uncertainty may […] The post Less than $20 billion of stablecoins left on exchanges as capital continues to drain appeared first on CoinJournal. дальше »

2023-5-20 19:01


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Stablecoins Interest Spikes As Traders Look To Exit Market

Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the on-chain analytics firm Santiment, there has been a major uptick in the social volume of the stablecoins recently. дальше »

2023-5-15 16:25


Binance, the renowned cryptocurrency exchange, declares its withdrawal from the Canadian market due to escalating regulatory pressures.

Binance, the world’s largest cryptocurrency exchange by volume, has made the decision to halt its operations in Canada, citing the challenging regulatory landscape as the primary reason. In a tweet on Friday, the company expressed disappointment regarding the new regulations pertaining to stablecoins and investor limits, which have rendered the Canadian market untenable for Binance […] Сообщение Binance, the renowned cryptocurrency exchange, declares its withdrawal from the Canadian market due to escalating regulatory pressures. появились сначала на Coinstelegram. дальше »

2023-5-14 21:31


USDT YoY dominance grows since last capitulation, leaves other stablecoins trailing

User confidence in adopting USDT for trade has surpassed its competition. There is enough stablecoin purchasing power to buy BTC, but Ethereum’s supremacy blooms.  Tether [USDT] has solidThe post USDT YoY dominance grows since last capitulation, leaves other stablecoins trailing appeared first on AMBCrypto. дальше »

2023-5-13 21:30


$22 billion of stablecoins has fled exchanges in 5 months: A report into crypto’s capital flight

Key Takeaways The balance of stablecoins on exchanges is at a 2-year low In the last 5 months, over half the stablecoin balance on exchanges has flowed out, equivalent to $22.8 billion Treasury yields above 5% have given viable alternatives for investors, with capital fleeing stablecoins BUSD shutting down and USD Coin getting caught up […] The post $22 billion of stablecoins has fled exchanges in 5 months: A report into crypto’s capital flight appeared first on CoinJournal. дальше »

2023-5-4 15:37