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Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’
3.3.2022
Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials...
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
3.3.2022
The announcement was made this afternoon at Lugano's Plan B event
Swiss city of Lugano to pay taxes in crypto via Tether partnership
3.3.2022
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said
‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
Here’s a clever options strategy for cautiously optimistic Bitcoin traders
2.3.2022
Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon
1.3.2022
Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...
2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
28.2.2022
The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support
Crypto Donations to Ukraine Near USD 20M
28.2.2022
At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24.
As of February 27th, 23:50 UTC, data accumulated...
USDT records new all-time high against Russian ruble as inflation hits
28.2.2022
As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Feb. 28, from 9.5% to 20%
Crypto Donations Pour in After Ukraine Government Asks for Bitcoin and Ether — $17 Million Raised so Far
27.2.2022
Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after the government solicited donations in bitcoin, ether, and tether. Crypto...
Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average
26.2.2022
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for...
Crypto Biz: Stablecoins are serious business, Feb. 17-24
25.2.2022
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week
Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
25.2.2022
Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some...
Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
24.2.2022
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions
Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
23.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
Total stablecoin supply hits $180 billion: Report
23.2.2022
Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5B over the past 30 days
Tether slashes commercial paper by 21% in latest reserves attestation
23.2.2022
Tether’s cash and bank deposits also dropped 42% to 4.187 billion, while its allocation to money market funds increased 200% to $3 billion, and its treasury bills grew 77.6% to $34.52 billion
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
Tether Teases Swiss Bitcoin Plan, VKontakte Mulls NFTs, FTX Ups Its Game, EU Open to Crypto + More News
21.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______
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Read More: Tether Teases Swiss Bitcoin Plan, VKontakte Mulls NFTs, FTX Ups Its Game, EU Open to Crypto + More News