2020-12-29 03:24 |
An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money's on the line.
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The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone, The Block Research data on Dec 23 reveals. USDT and Ethereum Command Market Share Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed byRead More
2020-12-27 18:00 | |
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Facebook’s long-awaited Libra might just see the light of day following reports that the first dollar-backed stablecoin could launch in January 2021. However, the launch date would be determined by an approval from the Swiss financial regulator.
2020-11-27 18:01 | |
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The paper, published on Nov 24, cites the potential of Facebook’s Libra stablecoin to become a de-facto global currency. This, they say, is evidence that regulators must accept the inevitability of stablecoin adoption and find new ways to carry out their functions.
2020-11-26 20:56 | |
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Stablecoins are hotter than ever, with Tether’s trade volume surpassing Bitcoin’s by 55% in the past 24 hours. Led by surges in the USDC and USDT, the total number of stablecoin daily active addreThe post Will there be a need for stablecoins, once CBDCs are out appeared first on AMBCrypto.
2020-10-23 21:30 | |
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USDC is being added to the Stellar blockchain. The stablecoin, which was launched on the Ethereum network, was later added to the Algorand blockchain. The announcement was made on Thursday at the Stellar Development Foundation quarterly review event.
2020-10-16 23:35 | |
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Abra users will now be allowed to generate extra income on the crypto investment application. Their customers are set to earn interest for their deposits on their Abra interest accounts as announced on their website.
2020-7-29 21:00 | |
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The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […]
2020-7-26 18:52 | |
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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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One breed of coins that came out a winner following the Black Thursday crash was the stablecoin market. The world's most popular stablecoin, Tether's market cap rose as Bitcoin's own market cap dwindlThe post Tether: 115 addresses controlling 56% of total supply fuels centralization, manipulation concerns appeared first on AMBCrypto.
2020-5-5 19:30 | |
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The US central bank is not the only money printer in the world. The crypto industry has its own version of the Fed in the form of Tether Treasury, which continues to churn out new tokens and increase supply.
2020-4-19 04:15 | |
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The cryptocurrency markets have momentum on their side right now, with all of the top 10 coins trading in the green at last check. But it was only a week ago that the BTC price slipped below $7,000 and it looked like the bottom might fall out again.
2020-4-17 08:15 | |
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Justin Sun, the founder of Tron (TRX), announced on March 29 the launch of Djed, a collateralized loans system that has been labeled by many as a plagiarized MakerDAO (MKR) version. Something new. #DJED #TRON #TRX $TRX pic.
2020-3-30 20:36 | |
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As Tether Treasury continues to mint more USDT, exchanges have been stockpiling more and more of the stablecoin. They now hold more USDT than ever before. If you have been wondering where all the USDT is going in the past few days, you may be surprised to find out that exchanges are the ones holding […] The post USDT Balances on Exchanges Blast Past All-Time High appeared first on BeInCrypto.
2020-3-27 02:16 | |
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Singapore-based crypto futures exchange Bybit has announced the addition of Tether (USDT) perpetual contracts. By adding the stablecoin to its existing futures contracts (BTC, ETH, EOS and XRP paired with USD), the exchange aims to furnish traders with greater simplicity and flexibility, as they can now hold long and short positions simultaneously to better hedge...
2020-3-25 20:00 | |
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The demand for stablecoins has been on an uptrend in the past week surging Tether’s market cap to over $5.7 billion. As it stands, more than $480 million have been minted within the past weeks. These figures may continue rising especially with the move to leverage BCH’s Simple Ledger Protocol (SLP). The SLP is basically […]
2020-3-20 18:05 | |
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Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.
2020-3-10 17:00 | |
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The cryptocurrency market has tanked alongside legacy financial markets as the looming threat of a Coronavirus pandemic pushes many investors towards capitulation. With money moving out of speculative assets on...The post Stablecoin Money Markets Attract Capital as Bitcoin Corrects appeared first on Crypto Briefing.
2020-3-10 13:34 | |
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The crypto derivatives exchange FTX has announced the listing of Tether Gold (XAUT), whereas Bitfinex, the Tether’s company sister exchange, rolls out XAUT futures trading. FTX users are now enabled for XAUT against the US dollar trading.
2020-3-7 22:08 | |
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Bitfinex rolls out futures trading for Tether Gold soon after the new gold-backed stablecoin hit a $21 million market cap and surpassed its nearest rival PAX Gold
2020-3-7 19:34 | |
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Paolo Ardoino, CTO of Bitfinex & Tether, is scheduled to speak at CryptoCompare’s Digital Asset Summit next month. This is the first time a Bitfinex/Tether exec has spoken publicly at an event.
2020-2-29 00:52 | |
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Stablecoin Tether is one step closer to seeing a resolution to a triple wave of class action lawsuits lodged against it. According to a statement on Tether’s website, the judge has appointed lead interim counsel for plaintiffs in what is being described as a “consolidated complaint against Tether.
2020-2-28 02:17 | |
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E-commerce platform Shopify has announced that it has joined the Libra Association. This means that the online shopping firm is the latest entrant of the Facebook-led stablecoin project. The entry of Shopify into the association comes barely a month following Vodafone’s pull out with the aim of developing its solo virtual payments platform. This marks […]
2020-2-22 20:48 | |
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The possibility of launching a stablecoin on the Cardano network has gone from rumor to major news, as Charles Hoskinson said that it would increase demand for ADA. The CEO of IOHK said that the company has been “thinking about stablecoins” for the past seven years and seems to be seriously considering it.
2020-2-13 16:00 | |
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Bitfinex rolls out Tether Gold trading against Bitcoin after launching support for the gold-backed stablecoin last week
2020-2-1 15:54 | |
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According to a Bloomberg report published on January 22, 2020, premier stablecoin Tether (USDT) is witnessing a strong surge in demand by small merchants primarily based out of Asia and Europe. Tether Experiences Surprising Adoption Cryptocurrencies like Bitcoin (BTC) have existed for more than a decade now but their real-world adoption is still minuscule comparedRead MoreRead More.
2020-1-23 18:00 | |
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Tether Treasury is doing a rare USDT burn, which will see 64. 6M USDT redeemed and then promptly destroyed. Often we hear about Tether Treasury printing new USDT. However, it recently decided to cash out a significant amount of its stablecoin in a surprising move.
2020-1-21 21:26 | |
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Tether Treasury is doing a rare USDT burn, which will see 64. 6M USDT redeemed and then promptly destroyed. Often we hear about Tether Treasury printing new USDT. However, it recently decided to cash out a significant amount of its stablecoin in a surprising move.
2020-1-20 21:26 | |
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The top crypto exchange highlights the Binance USD backed stablecoin (BUSD) being approved by New York’s State Department of Financial Services (NYDFS). Although it has been approved since launching in partnership with Paxos, this is a reminder to traders that during volatile swings in prices, there is a zero-fee option to jump out of Bitcoin […]
2020-1-7 16:44 | |
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20M USDT has just been minted at Tether Treasury. This comes after 30M USDT was recently minted just last week. Tether Treasury has been ramping up its USDT issuing as we close out 2019. The largest stablecoin has just issued another 20,000,000 USDT, which will be entering the market shortly.
2019-12-28 23:34 | |
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Stablecoins have shaped the fabric of how cryptocurrency transactions happen. The idea behind a stablecoin might have arisen out of necessity, to have an easier way to access cryptocurrencies. HoweverThe post Even with Tether's variable peg over 2019, people chose to use it more than any other stablecoin appeared first on AMBCrypto.
2019-12-19 16:45 | |
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New statistics have come out on Tether’s on-chain activity. It points towards a stablecoin concentrated in a few addresses that nonetheless remains popular albeit controversial. Tether (USDT) remains one of the most controversial cryptocurrencies in the entire industry.
2019-12-13 07:31 | |
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Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
2019-12-12 17:05 | |
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Last month, MakerDAO rolled out its Multi-Collateral DAI [MCD] which is supported not just by Ethereum but also Brave's Basic Attention Token [BAT], as opposed to its Single-Collateral DAI [SAI] whichThe post Stablecoin DAI will not be pegged to USD alone: MakerDAO founder appeared first on AMBCrypto.
2019-12-8 19:00 | |
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DAI is the first stablecoin supported by Coinbase Card, the exchange announced
2019-12-7 18:47 | |
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The Maker Foundation recently rolled out Multi-Collateral DAI [MCD], a stablecoin that not only supports Ethereum-based collateral, but also Brave's Basic Attention Token [BAT]. With developments relaThe post Ethereum 2.
2019-11-28 14:30 | |
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An Ontario based blockchain company is rolling out the first fully-regulated Canadian-delivered USD stable coin. According to news published by Yahoo Finance on November 11, the new stable token aims to ease access to the digital currency asset class in North America and facilitate cross-border transactions between Canada and the U.
2019-11-12 00:00 | |
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Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.
2019-10-22 13:37 | |
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The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators.
2019-10-17 20:30 | |
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Taiwan’s tycoon and the founder of Foxconn – Terry Gou, is envisioning Taiwan's next big venture. With the world regulators beating down Facebook led Libra, he wants to put out the welcome mat for the stablecoin.
2019-10-16 19:48 | |
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Tether keeps printing new USDT coins, despite facing a recent lawsuit with claims for $1. 4 trillion. The stablecoin producer revealed several transactions that expanded the USDT liquidity. The recently launched class action lawsuit finally calls out Tether directly on what was only unofficially discussed on social media.
2019-10-8 13:00 | |
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The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt.
2019-10-7 05:38 | |
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The world's fourth-largest bank said cryptocurrency will allow near real-time money movement and cut out settlement middlemen, thus reducing costs from fees. Regarding the technical aspects of this new product, Wells Fargo has built their own blockchain using Corda Enterprise, the enterprise version of R3’s blockchain technology. While we will not see this product in […]
2019-9-21 19:26 | |
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Crypto exchange giant, Binance, has today announced that its Dollar backed stablecoin will be available on its platform for trading next week on Sep 16 and several BUSD trading pairs will added the same day.
2019-9-13 21:43 | |
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The stablecoin market is getting more saturated with each passing day
2019-9-6 17:33 | |
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The crypto-community is rejoicing after news of Binance launching its own USD-pegged stablecoin broke out today. With this move, the exchange aims to expand its services in the crypto-market, a few weeks after it introduced its own GBP-pegged stablecoin.
2019-9-5 17:06 | |
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Tether (USDT) transactions on the Bitcoin blockchain are losing ground to Ethereum at an ever-increasing rate. Ever since the Tether stablecoin was issued on Ethereum in January 2018, it has slowly gone on to become the most utilized version of the USDT token (of the four in existence).
2019-8-30 23:36 | |
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Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC.
2019-8-29 19:54 | |
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Tether is yet to launch its previously announced stablecoin that is backed by the Japanese yen
2019-8-21 16:56 | |
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As per an all-new report released by S. Korean media outlet Cosun yesterday, local holding company SK C&C has announced its decision to create a new donations platform that will be built atop a Ripple blockchain fork.
2019-8-10 18:50 | |
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Analysis suggests at least three Reddit moderators dumped thousands of dollars worth of Moons just minutes before the actual announcement.
Popular blockchain investigator says the firm's leaked report shows "highly questionable services."
Chat GPT has been quite in the news lately, with people leveraging it for price predictions, documentation, and more. One of the recent questions asked to Chat GPT was about the crypto investment space.
The Evmos team wrote on Twitter, confirming that a departed co-founder is trying to sell the tokens on the Osmosis exchange. The post Evmos Co-Founder Allegedly Gone Rogue, Dumps Tokens appeared first on BeInCrypto.
PEPE price risks losing 20% in May due to shaky technicals, waning retail interest and possible market manipulation.
After jumping into top-50 cryptocurrencies list, Gifto token suddenly nosedived. What is Gifto and what was the reason behind its rise and fall? Overnight pump and dump is not a new phenomenon in the cryptocurrency market. Gifto (GFT), a BEP20…
Pump and Dump (P&D) is a meme token that deserves its name. It’s a community-driven decentralized crypto token supporting a charity with every transaction. The presale starts today, April 11th, with a maximum limit of 100 BNB.