24 / 24 Relevant items tagged with #Stablecoins
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Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral
[Dec 8, 2022 1:51 PM] Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
[Dec 7, 2022 9:00 AM] Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of…
The Path To A Bitcoin Economy: Decentralized Bitcoin-Backed Credit
[Dec 5, 2022 8:39 PM] Bitcoin-backed credit built with DeFi represents a stronger and more practical vision of "bitcoin free banking" originally described in 2010 by Hal Finney.This is an opinion editorial by David Seroy, Founder and President of Old North Capital…
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
Israel's chief economist lays out recommendations for crypto regulation
[Nov 28, 2022 11:43 PM] The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.
Don’t Forget the Importance of Censorship Resistance
[Nov 28, 2022 11:30 PM] Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer…
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
[Nov 28, 2022 11:05 AM] It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per…
Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months
[Nov 28, 2022 9:00 AM] During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its…
Crypto awakening: Researcher explains ETH exodus from exchanges
[Nov 23, 2022 6:31 AM] On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse.
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
[Nov 14, 2022 4:00 PM] Investors piled into stablecoins following FTX’s collapse, and an uptick in DEX activity suggests a rising interest in self-custody options.
Crypto.com CEO addresses whereabouts of $1B in stablecoins sent to FTX
[Nov 14, 2022 8:39 AM] CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
[Nov 12, 2022 3:30 AM] Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using…
Major stablecoins destabilized as market volatility and redemptions surge
[Nov 10, 2022 10:24 PM] Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.