Amid the growing demand...
Triggered by this week's sell-offs, Jim Cramer expressed his concerns that Tether, as "the Achilles heel" of cryptocurrency, brings further risk exposure to markets. "Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don't know what they...
Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT's non-issuance. The last market issuance of The post Why Tether (USDT) hasn't issued any...
A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of...
Stablecoins have always been a way to hedge the heavy price fluctuation in the cryptocurrency market. Crypto traders and investors often swap their cryptos to stablecoins everytime the market starts to crash. This often cashes out the earnings made from capital gains while preserving the value of the portfolio....
SHIB price holds steady on major support of $0.00000819 ShibaSwap went live today on ETH Price awaits breakout of bullish pennant SHIB Price Movement Shiba Inu has been referred to as the “next Dogecoin” over the past few months. Throughout the first quarter of the year, SHIB experienced mind- blowing gains as price rose over 100,000%. The post SHIB Price Analysis: Shiba Inu (SHIB)...
Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams, hijacking millions as its native token’s value plummeted by almost 100% in minutes. Recently, the project’s anonymous developers launched yield farming, a staking opportunity for investors to lock up their crypto in return for high rewards....
Input Output Global CEO Charles Hoskinson said in a recent ask-me-anything (AMA) Tether relies on faith, rather than impartial systems, making it counter to cryptocurrency ideals. He added that as much as regulation gets a bad rap, without it, there would be no checks on companies who make particular claims. With USDT liquidity supporting significant swathes of the cryptocurrency market, is the Tether...
How Lightning Network startup Strike went from using USDT in El Salvador to helping the country build financial infrastructure with Bitcoin.When El Salvador passed a law making bitcoin legal tender in the country, it did not just set itself on a path to add the payment option to existing infrastructure. It provided regulatory clarity that allowed an existing Bitcoin-forward platform to better...
Dallas Mavericks owner, Mark Cuban, who became known as a decentralized finance (DeFi) enthusiast and a high tier investor, told...
Following from his five hours guest spot in Lex Fridman’s podcast, Charles Hoskinson is back at his desk. And true to his academic nature, he promises that his company IOHK will release a paper on algorithmic stablecoins “...
Attorney Jeremy Hogan gave his legal assessment of the top five cryptocurrencies naming Tether and Binance Coin as at risk on the "SEC danger rating." Hogan has been covering the SEC vs. Ripple lawsuit since proceedings began in December last year. The U.S securities regulator...
The crypto market is currently in a consolidation phase as bearish sentiments are dominant ever since last month's market correction. Over the past 24-hours, the crypto market has lost 4% of its market cap which dipped below $1.5 trillion for a...
The price has Polygon's native crypto MATIC has skyrocketed 32% today making its move above $2.0 At press time, MATIC is trading at $2.13 with a market cap of $13.1 billion. The recent price rally comes as tech billionaire Mark Cuban...
The Bitcoin bull market this season is currently undergoing through 'FUD- Phase' where a series of FUDs have hit the market one after the other, many of which has already been debunked. After Bitcoin mining...
It has become a routine to see a crypto market crash every now and then. Thanks to many events that happened lately, we currently witness a strong market crash. Many traders and investors sit on the sideline, waiting for the storm to end. The saying usually...
Stablecoins that alter their supply to maintain their value are struggling to keep up with volatile markets.
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