When world leaders gather in Davos next week, they’ll confront an essential question, says Circle’s Jeremy Allaire: Can they seize blockchain’s ability to create value for people around the world?
A new product offered by Binance will allow its BUSD stablecoin to be easily converted with other stablecoins in the crypto market.
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read: Close to 11 Million BTC Haven’t Moved in […]
The post Market Outlook: Bullish Trend Sends Crypto Prices Northwards appeared first on Bitcoin News.
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.
Crypto-friendly Booking.com partner Travala now accepts Tether as payment for travel reservations
Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in […]
The post Market Update: Top Cryptos Face Strong Resistance Ahead appeared first on Bitcoin News.
Bitcoin’s price jumped Monday as tether’s market capitalization swelled by $500 million in a matter of minutes.
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 manipulation being hotly contested. More important to dive into, however, […]
The post Stablecoins Are Crypto’s Version of Fractional Reserve Banking appeared first on Bitcoin News.
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 currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network […]
The post Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply appeared first on Bitcoin News.