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UPFI Integrates Chainlink to Maintain USD Peg on Solana


Chainlink’s recent integration with l Network will assist the stablecoin operations from multiple fronts. Primarily, the stable coin will receive real-time tamper-proof price feeds on the Solana mainnet. Initially, USDC/USD price feeds will be brought and referenced during mints...

Checkout.com Reveals Merchants Can Accept and Make Payments in USDC


On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million...

Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network


Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology....

USD 25K-USD 27K per Bitcoin Is ‘This Cycle’s Bottom’ - Arthur Hayes


  If it is true that the Luna Foundation Guard (LFG) really sold 80,000 bitcoin (BTC) to defend the terraUSD’s (UST) peg during its meltdown, it is likely that USD 25,000 to USD 27,000 is the bottom of this bitcoin market cycle, according to crypto essayist and former BitMEX CEO Arthur...

Bitcoin Nears USD 32K, Ethereum Tests USD 2K, ADA Rallies, WAVES Doubles


  Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week. Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920...

Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000


Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears...

Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale


  South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry. Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops...

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