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Crypto Market Sentiment Slips, Tether Wins the Week
28.6.2021
With the blood being continuously spilled in the crypto market, no wonder the market sentiment was bleeding too. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped again, moving lower towards the negative zone, now standing at 4.46 compared to last week's...
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Federal Reserve official: Stablecoin growth is 'exponential,' deserves 'attention'
26.6.2021
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets
Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
26.6.2021
The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools
CNBC host boldly reveals he sold his BTC amid depths of bear market
22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
22.6.2021
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation
Crypto Market Sentiment in Neutral Zone; Tether Wins Week, Loses Day
14.6.2021
After climbing a short step up last week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins slipped to 5 from 5.15, according to the market sentiment analysis service Omenics. Ethereum (ETH)'s sentiment is still above bitcoin (BTC)'s, and is the only coin with...
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
10.6.2021
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
5.6.2021
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
27.5.2021
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
Tether mints more coins to break $60 billion market cap
25.5.2021
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted
USDC Attestations Run Late, Raising Alarms in the Crypto Community
25.5.2021
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had...
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
24.5.2021
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour...
Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion
23.5.2021
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point...
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
Tether to Launch USDT Natively on Avalanche
18.5.2021
The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve...
Skeptics Keep Tether Busy Despite Latest Transparency Round
18.5.2021
After revealing their reserves breakdown, Tether, the issuer of the most popular stablecoin, tether (USDT), still needs to respond to skeptics that remain unconvinced by the latest numbers and what might be behind them.
This time, despite the settlement with the New York Attorney General’s Office...
Crypto Market Sentiment Slips, Tether Wins, Bitcoin Loses Week
17.5.2021
Following a string of rises, albeit a short one, the crypto market sentiment saw a drop over the past week, but one that was not large enough to push it out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell to 6.21 compared to last...
Caitlin Long reveals the 'real reason' people are selling crypto
16.5.2021
"Markets now can safely predict Bitcoin and crypto prices will likely exhibit high correlation with credit markets," said Long