Stablecoin supplies and cash reserves in question amid crypto exodus
Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over...
| Name | Price | 24H (%) |
|---|---|---|
Bitcoin
(BTC)
| $45,197.00
| 2.37% |
Ethereum
(ETH)
| $3,184.85
| -0.86% |
Binance Coin
(BNB)
| $427.56
| 0.87% |
Cardano
(ADA)
| $1.19
| -1.06% |
Tether
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on. After hitting its...
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus
The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those...
Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining
This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net...
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was...
Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen
According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price...
SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re...
Tether CTO Says, USDT-Dollar Remains Strong Amid Stablecoin Crises
The LUNA/UST affair has caused discrepancies in the BTC-stablecoin trading pairs on different global cryptocurrency exchanges. Cryptocurrencies are still feeling the effects of...
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
The crypto winter could be claiming more casualties among the stablecoin camp. The depegging of TerraUSD (UST) on May 10 triggered market selloffs,...
USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
Cryptocurrencies markets continue to suffer major losses following the depegging of Terra (LUNA) ecosystem’s stablecoin UST – causing discrepancies between stablecoin pegs and...
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