2023-3-27 22:37 |
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months origin »
Bitcoin price in Telegram @btc_price_every_hour
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Eight months after launch, Terra, a stablecoin protocol backed by four of the world’s largest crypto exchanges, has surpassed one million user accounts and hit an annual run rate of $2. 4 billion, the company reported in a press release seen by CryptoSlate.
2020-1-15 20:00 | |
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With the announcement of the proposed Libra digital currency in 2019, even skeptical officials were forced to accept that crypto assets are here to stay. Stablecoins are seen as a priority for 2020, with national and global regulators publishing a variety of stablecoin research across the last 12 months.
2020-1-11 14:07 | |
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The world’s leading cryptocurrency is currently trading at $7,350 as per Coincodex, up about 90% on a year-to-date basis. During the first six months, the BTC price went from $3,700 to $13,900, with Facebook launching its stablecoin Libra in June adding fuel to the fire.
2019-12-22 20:51 | |
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The over-the-counter (OTC) desk of crypto exchange Kraken will be expanding, as the company announced today it has acquired Circle Trade, the crypto OTC desk of digital money company Circle. Circle has divested much of its crypto exchange businesses in the past months to focus on its USDC stablecoin product.
2019-12-18 00:29 | |
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After eleven months of simulations, testing and two audits, Money on Chain has announced the Alpha version launch of its decentralized stablecoin protocol on the RSK network. Backed by Bitcoin, the protocol is comprised of two tokens that provide several use cases for Bitcoin holders, including leveraged Bitcoin operations.
2019-12-13 01:40 | |
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According to data available on Coinmarketcap (CMC), the demand of GUSD (Gemini Dollar) has been dropping drastically over the course of the past 7 months or so. Not only that, it is also worth highlighting that while other fiat pegged-altcoins are doing quite well (from a monetary standpoint), GUSD is one of the few stablecoins […]
2019-7-20 19:43 | |
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Demand for Gemini exchange’s native stablecoin, Gemini dollar (GUSD), has dropped significantly over the last 7 months while other pegged-value assets continue to soar. Gemini Dollar Falls Behind The market capitalization of the dollar-pegged token has been on its way down since December 20, 2018.
2019-7-19 20:00 | |
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The Winklevoss twins’ old-time enemy, Mark Zuckerberg entry to the crypto space through the upcoming stablecoin was no less than a grand plan and naming it Libra was just icing on the cake. As the former Harvard classmates were all set to put their bets on their respective stablecoins, Gemini failed to gain significant momentum […] The post Libra effect on Gemini Dollar? GUSD sheds over 88% value over seven months appeared first on AMBCrypto.
2019-7-5 02:00 | |
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The first half of the year has already passed by; thus, we can gain a firm perspective of how the crypto space trends are over the past six months. Looking at Bitcoin, it has gone up by more than 140%, but for the crypto exchanges in the market, they are still vulnerable and are currently […]
2019-6-19 01:53 | |
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After many months of speculating on the theme of its own stablecoin, Facebook, as promised, opened the cards. Today, right in the morning. Community shuddered. And there is, from what. Mark Zuckerberg is in control Facebook not only published Whitepaper, but also launched a testnet, announced the creation of Calibra wallet, and announced the foundation […]
2019-6-19 23:45 | |
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In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives. Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the […] The post Maker Promises Multi-Collateral DAI In 2019 appeared first on Crypto Briefing.
2019-6-13 18:06 | |
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$150 million USD authorized, not issued yet Tether market cap increased with Bitcoin price over the last two months that saw BTC going from $4k to $9,100 USDT currently trading at a premium to USD The popular and controversial stablecoin Tether (USDT) has experienced a great surge in its market capitalization since Bitcoin saw a […]
2019-6-11 19:48 | |
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During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.
2019-6-12 15:00 | |
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The Chief Financial Officer at Binance, Wei Zhou, confirmed that they are going to be releasing a new stablecoin in the next months. The main goal seems to compete against Tether(USDT), the largest stablecoin in the market.
2019-6-7 06:41 | |
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By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether.
2019-6-6 15:14 | |
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MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17. 5 percent. Executed on May 28, this will be the first time the fee has been lowered in over five months.
2019-6-6 22:18 | |
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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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Tether, the top stablecoin, maintained its vice grip on the stablecoin market, while competing fiat-pegged cryptocurrencies are experiencing steady growth. USD Coin [USDC] and TrueUSD [TUSD], the other top stablecoins, have however surged in recent months, owing to the Bitfinex-Tether episode.
2019-5-22 20:00 | |
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After the Bitfinex-Tether fiasco rocked the cryptocurrency market late last month, the trading volume of Bitcoin to the top stablecoin dipped slightly. However, given the larger picture, it held firm.
2019-5-22 11:30 | |
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Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
2019-5-16 20:37 | |
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For the first time in months, the dollar-pegged stablecoin DAI is trading on major cryptocurrency exchanges actually at $1.
2019-5-10 13:15 | |
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After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation.
2019-5-10 13:15 | |
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By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.
2019-5-9 12:49 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Interest rates for MakerDAO have exploded to 19. 5 percent over the course of three months to combat its stablecoin Dai from trading below its $1 peg. However, the gap has narrowed over the last three weeks, partially from factors entirely outside of Maker.
2019-5-6 13:31 | |
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A breakdown of how the XRP stablecoin performed during the first three months of 2019, significant events for Ripple, and what can be expected during the the next three months.
2019-5-3 19:51 | |
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Bitcoin‘s price has pushed past $5,600 to set a new 2019-high for the third time in less than a month. The rally comes despite recent confirmation that the world’s most popular stablecoin, Tether, is not completely backed “one-to-one” with cash.
2019-5-3 11:31 | |
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This week, a scandal involving Bitfinex and Tether parent company iFinex being accused by the New York Attorney General’s office of misappropriating funds has shaken up the cryptocurrency market. Bitcoin and other cryptocurrencies have rallied in recent months, however, the latest negative news surrounding the leading stablecoin on the market has been enough to cut.
2019-4-30 03:01 | |
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In the last couple of days, TRON has announced the launch of the USDT issued by Tether on their blockchain network. The launch took months of preparation following the announcement that the two projects would be partnering.
2019-4-19 17:31 | |
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The first four months of 2019 have already kicked off a string of high-profile acquisitions for cryptocurrency, including the development of J. P. Morgan Chase’s stablecoin. With social media giant Facebook looking to release its own.
2019-4-18 18:51 | |
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Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%, in the fifth fee increase within two months
2019-4-11 11:50 | |
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In the cryptocurrency world, stablecoins have become a lot more prominent in the past few years. Whereas Tether’s USDT asset continues to generate the most liquidity, a fair few competitors have emerged in the past 18 months.
2019-4-1 11:12 | |
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Bitcoin has long been nicknamed “digital gold,” referencing its value as an asset. However, the use of precious metals is something that Paxos has taken to heart as something it can offer. Having already launched a stablecoin several months ago, which is tied to cash reserves, CEO Chad Cascarilla confirmed to Fortune that a digital […]
2019-3-12 18:05 | |
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Blockchain Board of Derivatives (BBOD) is a hybrid and semi-decentralized trading platform for cryptocurrency futures. Announced on Dec. 8, 2018, the exchange allows stablecoin deposits and does not control or store clients’ crypto holdings.
2019-3-5 16:04 | |
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Facebook’s crypto ambitions are reportedly not limited to its acquisition of blockchain startup Chainspace, according to The Information. Facebook Has Met with at Least Three More Crypto Startups Citing unnamed sources, the publication said Facebook has been eyeing several blockchain startups with a view of making acquisitions.
2019-2-7 23:40 | |
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In September 2018, a New York blockchain startup, Paxos Trust Company successfully launched the PAX token. The token has a complete 1:1 surety with the U.S. dollar; as such it offers a liquid digital option to cash and is available round the clock for immediate transactions and redemptions. Four months since its launch, PAX has […]
2019-2-2 01:25 | |
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MakerDAO, a crypto collateral platform, has revealed that its blockchain network and stablecoin have directly benefited from Ethereum’s extended price crash, which has been ongoing for the past several months and shows little sign of letting up.
2019-1-21 19:04 | |
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Here's why several stablecoins saw sudden bursts of activity over the past three months.
2019-1-16 03:00 | |
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Mongolia’s capital city of Ulaanbaatar has unveiled plans to launch a pilot program that will see the city’s Nalaikh district deploy a blockchain-based payment system developed by stablecoin startup Terra.
2019-1-12 03:44 | |
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Mongolia’s capital city of Ulaanbaatar has unveiled plans to launch a pilot program that will see the city’s Nalaikh district deploy a blockchain-based payment system developed by stablecoin startup Terra.
2019-1-13 03:44 | |
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How cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when he […] The post The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia appeared first on Bitcoin News.
2019-1-11 23:00 | |
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Another Coinbase Employee Leaves, Joining TrustToken To Head Compliance Department Coinbase’s employee count has begun to dwindle, especially in the last few months. Multiple workers have chosen to leave on their own accord, while others were unlucky enough to be let go.
2019-1-5 22:38 | |
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Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-12-19 15:59 | |
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Tether (TS) was able to earn around $6.6 million during the first six months of the year according to a report released by Bloomberg on December 18. With the US Dollars reserves that it has across different banking institutions, the company is able to make several millions of interests. At the same time, citing sources […]
2018-12-19 00:35 | |
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Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.
2018-12-18 16:00 | |
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Stablecoins have increased in popularity over the past few months, and one of the many reasons for this surge has been the volatility of the crypto market. This summer, some of the largest crypto exchanges provided listings of the most popular stablecoins on their platform, with the Gemini Dollar, Paxos, and True USD among some […] The post ‘Basis,’ Andreessen Horowitz-backed Stablecoin project, Will be Shutting Down appeared first on Coinjournal.
2018-12-17 14:34 | |
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According to an article published by Bloomberg, on December 13, 2018, Basis, a stablecoin startup funded by the likes of Bain Capital Ventures, and Andreessen Horowitz has decided to call it a day due to the persistent ambiguity regarding classification of digital currencies as securities.
2018-12-16 23:00 | |
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The young stablecoin is making the rounds as it starts grabbing market share from its competition.
2018-12-14 22:21 | |
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Although crypto startups have been capitulating en-masse due to financial restraints, a direct byproduct of Bitcoin’s rapid drawdown in value, reports indicate that a promising stablecoin venture has folded due to regulatory qualms.
2018-12-13 14:00 | |
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New and Upcoming Platforms Are Tracking Major Market Based Stablecoins Over the past few months of 2018, we have seen the inclusion of a large number of coins, more importantly, we see the arrival of challengers to the otherwise greater level of dominance to the otherwise leading stablecoin in the market. This, of course, would […]
2018-12-13 06:50 | |
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Prosecutors in South Korea have requested a 20-year prison sentence for Jeong Sang-ho, CEO of Delio, over alleged large-scale crypto embezzlement. According to Yonhap News Agency, the request was made during closing arguments at the Seoul Southern District Court on…
Coinbase has expanded its prediction markets feature to users across all 50 US states, giving customers nationwide access to event-based trading directly inside its app. The company confirmed the rollout on Jan.
ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients.
Circle is releasing a new developer toolkit designed to reduce the complexity of integrating cross-chain USDC transfers. The Bridge Kit packages existing protocol functions into a streamlined SDK, potentially cutting significant time from development cycles. In an announcement on Oct.…
Digital currencies recorded modest gains over the past day as the global crypto market cap soared 0. 57% to $3. 86 trillion. Meanwhile, Ethena leads the upside with an over 8% increase, fueled by bullish ecosystem news.
The cryptocurrency market flashed recovery signals today as Bitcoin reclaimed $113,000. As risk-on sentiments emerge, BitMEX co-founder Arthur Hayes has issued an ambitious vision for the altcoin season.
Sony’s Soneium blockchain has announced an advanced tool that rewards meaningful engagement across its platform. The Soneium Score aims to transform on-chain activity into a reputation-based model, shifting from the fleeting incentives and one-off airdrops that have shaped the blockchain space to date.