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Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos
18.3.2020
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm
Stablecoins Gain Market Share Amid Crypto Bloodbath
16.3.2020
While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share
Tether Looks to Catch Up in DeFi With Aave Integration
10.3.2020
Tether is moving to provide an alternative to DeFi as it joins forces with Aave
Bitfinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap
6.3.2020
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
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
Tether on Algorand – Algorand Cements Its Position as 1012, A Major Ethereum Challenger for 2020
12.2.2020
Tether, the world’s most used stablecoin, with an estimated daily trading volume of 40-64 billion, announced that they would be partnering with Algorand. Traders will now have the option to use the USD-backed stablecoin on the Omni, Ethereum, Tron, EOS, and Algorand blockchains. Regarding this...
Tether Launches USDT Stablecoin on Algorand Blockchain
10.2.2020
Algorand’s blockchain hosts its first stablecoin after Tether launched USDT on the platform
Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
5.2.2020
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall...
USDT Moves Every Eight Days on Average, Data Shows
31.1.2020
Recent data shows each USDT does not sit in one place for too long, moving locations every eight days, on average
Stablecoins ‘Flip’ Ethereum’s Native Currency In Transfer Value
30.1.2020
A greater share of value is being transferred via stablecoins over the Ethereum network than its own native cryptocurrency
Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models
24.1.2020
The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been...
More BS on Lightning: Blockstream Pours Liquid on Thick
23.1.2020
Blockstream reps have long been pushing for full implementation of the perpetually-delayed Lightning Network as the main solution for BTC scalability. With the recent announcement of “federated sidechain” Liquid’s integration with Btcpay, however, the tune seems to have changed....
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
17.1.2020
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces
New Stablecoins Commence a Fresh Assault on Tether
17.1.2020
Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....
Stablecoins Are Crypto’s Version of Fractional Reserve Banking
6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...
Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply
2.1.2020
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply...
Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
1.1.2020
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
CoinCasso Launches Worldwide Crypto Christmas Challenge
20.12.2019
There are not many contests in the cryptocurrency sector on such a scale! CoinCasso worldwide exchange platform is organizing an international competition, lasting until the end of the year. In the prize pool there are the newest mobile devices, including iPhone 11, Apple Watch, iPhone 8 and...
Market Update: Bears Claw Crypto Prices Below Long-Term Support
18.12.2019
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May...