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On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well. As the coronavirus outbreak has been pushing investors … Read more
Tether’s market cap has increased to $5.7 billion in recent days, and now it’s going to be available on Bitcoin Cash Go to Source Powered by WPeMatico
Tether, the world’s most popular stablecoin, will be using the Simple Ledger Protocol built upon the Bitcoin Cash network for issuing its tokens. Among other things, this means that millions of Bitcoin.com Wallet users will now be able to send and receive USDT via SLP tokens right within the app. Also Read: Paypal Pullout Prompts … Read more
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
USDC seems to be the only stablecoin to stabilized on a significantly higher market cap after the recent Bitcoin price downturn Go to Source Powered by WPeMatico
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
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged positions were liquidated in the last 24 hours. … Read more
Tether is moving to provide an alternative to DeFi as it joins forces with Aave Go to Source Powered by WPeMatico
USDT court case development — Shipkevich: “I am pessimistic that [plaintiffs] will be able to overcome the hurdle of proving market manipulation” Go to Source Powered by WPeMatico
