Stablecoins Gain Market Share Amid Crypto Bloodbath
While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share Go to Source Powered by WPeMatico
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While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share Go to Source Powered by WPeMatico
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens pegged to the U.S. dollar like USDC, … Read more
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto proponents face uncertainty amidst the ongoing coronavirus scare and economic … Read more
Tether is moving to provide an alternative to DeFi as it joins forces with Aave Go to Source Powered by WPeMatico
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 Go to Source Powered by WPeMatico
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 Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App … Read more
Algorand’s blockchain hosts its first stablecoin after Tether launched USDT on the platform Go to Source Powered by WPeMatico
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that … Read more
On February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages the BTC chain. Whether the tweet … Read more
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 market valuation of all … Read more