Japanese Company Launches New Stablecoin Pegged to the US Dollar
A Japanese company is helping crypto consumers avoid price volatility through a new stablecoin that is supported by major Ethereum wallets #SPONSORED Go to Source Powered by WPeMatico
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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations
The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market … Read more
How to Predict Crypto Price Trends, Explained
Volatility means following the crypto market is hard at the best of times. Here is in-depth data that can help you understand what’s driving the price changes Go to Source Powered by WPeMatico
A Short History of Major Fiat Currency Collapses and What Triggered Them
Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own … Read more
January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume
The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar … Read more
Bitcoin Primely Positioned as U.S. Foreign Policy Pushes Rivals to Ditch Dollar
As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U.S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies … Read more
Coinbase Exec Joins Stablecoin Issuer TrueUSD as Head of Compliance
A former exec at U.S. crypto exchange Coinbase has left the industry giant to join stablecoin issuer Trust Token Go to Source Powered by WPeMatico
Circle Publishes Another Third-Party Audit of USD Reserves for Stablecoin USDC
Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin for the second time Go to Source Powered by WPeMatico
Iranians Still Profiting From Bitcoin Mining Despite Market Crash and US Sanctions
Iranian people turn to Bitcoin mining due to economic difficulties caused by U.S. sanctions and still manage to profit in the current market slump thanks to low power costs Go to Source Powered by WPeMatico
Top Crypto Exchange Binance Adds Circle’s USDC to Its Combined Stablecoin Market
Major crypto exchange Binance has added Circle’s USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market Go to Source Powered by WPeMatico