[Apr 25, 2023 10:00 AM] While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the…
[Apr 25, 2023 6:05 AM] Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it.
[Apr 21, 2023 5:31 PM] Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables…
[Apr 19, 2023 1:00 AM] It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending…
[Apr 18, 2023 11:30 AM] According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news…
[Apr 17, 2023 12:00 PM] Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins…
[Apr 17, 2023 9:10 AM] The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
[Apr 6, 2023 9:28 AM] The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in demand for stablecoins.
[Apr 5, 2023 7:15 AM] The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.
[Apr 4, 2023 3:31 PM] At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars though the bank's Signet platform.
[Apr 4, 2023 3:06 PM] Tokenized gold is a type of stablecoin that pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.
[Apr 2, 2023 8:13 AM] A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.
[Apr 2, 2023 8:02 AM] USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its…
[Mar 30, 2023 5:13 PM] USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
[Mar 29, 2023 3:44 PM] Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.
[Mar 26, 2023 8:30 AM] According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last…
[Mar 25, 2023 4:30 AM] Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app…
[Mar 24, 2023 1:30 PM] The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.
[Mar 24, 2023 4:02 AM] Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
[Mar 23, 2023 7:40 AM] Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated.
[Mar 22, 2023 2:38 PM] A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a…
[Mar 19, 2023 1:30 PM] Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the…
[Mar 17, 2023 12:30 PM] During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million…
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