2022-5-11 23:41 |
The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.
2022-5-11 21:30 | |
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U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading.
2022-5-10 17:38 | |
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Bitcoin and the crypto market are back in the red. The first crypto by market cap records a 2% loss in the last 24-hours and could push other digital assets into critical support zones. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin (BNB) and Ethereum (ETH), according to data from Coingecko.
2022-5-4 01:00 | |
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To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.
2022-4-28 20:40 | |
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According to data from the on-chain market analysis group Glassnode, the current Stablecoin Supply Ratio has reached an all-time low. Conversely, the USDT balances on exchanges are at an all-time high, which could create a perfect storm for a barrage of Bitcoin buying.
2020-4-4 17:11 | |
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Saga Monetary Technologies has partnered with ZenGo, making the former’s SGA token storable within the keyless crypto wallet. The deal arrives at a time when interest in low volatility cryptocurrency SGA has peaked in the wake of high profile stablecoin scares.
2020-3-20 16:03 | |
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In a surprise move, Binance has delisted multiple trading pairs with Coinbase’s stablecoin USDC. The given reason was “low liquidity,” but there’s speculation that it is due to competition with Binance’s U.
2020-1-6 19:48 | |
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With China's advancement in the digital currency space and state-backed stablecoin, other countries are not particularly laying low in this matter. Russia is another country that has been prominent inThe post Russia's regulatory 'sandbox' tests stablecoins appeared first on AMBCrypto.
2019-12-27 01:30 | |
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Bitcoin just broke $10,000 after the markets settled following Facebook’s Libra reveal. The cryptocurrency markets were in the red across the board following Facebook’s Libra announcement, a stablecoin which pundits say is an attempt at a new world currency.
2019-6-22 03:34 | |
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A vote about whether to decrease the so-called stability fee by 2% for Maker’s DAI stablecoin
2019-5-21 02:10 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-29 22:06 | |
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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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CryptoNinjas IOST, a scalable and secure blockchain platform, has announced the launch of iUSD – a cross-chain stablecoin issued on the IOST blockchain. Blockchain applications built on the IOST ecosystem can use stablecoins to execute payment transfers with low exchange rate fluctuations.
2019-3-12 02:06 | |
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Stellar’s crypto asset XLM is pursuing a steady uptrend since March 7. As of 1100 UTC, the XLM-to-dollar rate was trading at 0. 093, up 11. 20-percent from its March 7 low. The pair today posted circa 4-percent gains, according to a 24-hour adjusted timeframe sourced at CoinMarketCap.
2019-3-10 17:10 | |
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Despite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens.
2019-3-6 17:40 | |
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No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]
2018-12-14 00:17 | |
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Officially, Wednesday, Nov. 14 will go down as the worst trading day of the year, as BTC sunk to record lows. Unofficially, there were still green shoots to be found if you knew where to look — mostly to the stablecoin sector.
2018-11-15 05:55 | |
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“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
2018-11-15 18:50 | |
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The widely used and controversial stablecoin, USD Tether (USDT), is struggling to remain pegged to the USD. A few weeks ago, USDT crashed against the USD and reached a low of 0. 85. Many exchanges price their assets against USDT, and this event resulted in the prices of these exchanges trading at a premium.
2018-11-13 19:09 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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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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Tether (USDT) has been a mainstay in crypto for years. It is still the largest stablecoin on the market, but Tether dominance in the stablecoin sphere, the market cap percentage attributable to USDT, is eroding fast.
2018-10-22 17:06 | |
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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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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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A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.
2018-10-17 01:03 | |
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The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
2018-10-15 11:40 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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To kick-start the new week, we bring you news of bitcoin hitting a record low — for volatility, not price. There’s also been an altcoin breakout ahead of an impending Coinbase listing, a new metric for ranking cryptocurrencies and an obligatory new stablecoin story.
2018-10-8 10:50 | |
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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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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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IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar's blockchain to "clear and settle cross-border payments" in near real time.
2018-9-6 23:49 | |
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Known for its fast transaction speeds and low friction payments, the Stellar network offers users tools for value exchange across borders. On Aug. 23, The White Company and Fintech’s Interstellar joined forces to bring users seamless foreign currency withdrawals and deposits via a new stablecoin.
2018-8-25 22:00 | |
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Altcoin rotation hopes rise as Van de Poppe links business-cycle signals, copper-gold strength and Clarity Act progress to crypto recovery.
Crypto.com's UAE license could accelerate digital payment adoption, supporting Dubai's cashless strategy and influencing global crypto regulations. The post Crypto.com wins UAE central bank license to let residents pay government bills with crypto appeared first on Crypto Briefing.
Circle's Arc blockchain initiative could redefine institutional finance, fostering innovation and competition in the stablecoin market. The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared first on Crypto Briefing.
Midas' Series A funding and mTokens' growth highlight a shift towards more transparent, flexible, and accessible onchain investment solutions. The post Midas secures $50M Series A as mTokens surpass $1.
BNP Paribas' crypto ETNs could significantly boost retail investor access to digital assets, potentially reshaping France's financial landscape. The post France’s largest bank to debut Bitcoin, Ether ETNs for French retail clients tomorrow appeared first on Crypto Briefing.
The bankruptcy and legal fallout from Goliath Ventures' Ponzi scheme could erode trust in crypto investments and impact financial regulations. The post Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme appeared first on Crypto Briefing.
Citigroup's potential acquisition could reshape its competitive landscape, leveraging freed capital for strategic growth and digital innovation. The post Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending appeared first on Crypto Briefing.