At last yesterday the cryptocurrency USDC returned to the value of $1. USDC is a stablecoin crypto token, whose value in theory should always remain in line with the underlying. Indeed, its underlying...
Tag: Parity
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement – Bitcoin News
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the ...
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity – Bitcoin News
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0...
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD sli...
The Euro’s reversal vs. a return to parity
Will the Euro’s momentum vs. the dollar continue? By David Wagner Investing.com – 2022 saw the EUR/USD pair return below parity, with a low of 0.9535 on September 28, not only the low for ...
Tron-backed USDD loses dollar parity as stablecoin dips below $0.97
Tron’s algorithmic stablecoin called Decentralized USD, known by its ticker USDD, slipped further from its supposed parity with the US dollar earlier today. USDD dropped to slightly below ...
TRON USDD Stablecoin Slips Further From Dollar Parity
The price of the TRON USDD algorithmic stablecoin has dropped to $0.97, losing even more of its dollar parity. This could potentially put unwanted stress on USDD-paired DeFi pools on Curve. At press t...
Unprecedented Parity Could Have A Chilling Effect On NBA Trade Season
PHOENIX, ARIZONA – NOVEMBER 22: Russell Westbrook #0 and Anthony Davis #3 of the Los Angeles Lakers … [+] bring the ball upcourt during the second half of the NBA game against the Phoenix ...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity – Coinotizia
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former s...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity – Altcoins Bitcoin News
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former s...
EUR/USD price prediction as the euro regains parity with the dollar
The EUR/USD exchange rate recovered the lost ground and bounced back above parity. It found support at the round number today before making another leg higher on an important day for market participan...
MIM stablecoin slightly loses dollar parity amid fears of partial FTT backing
The Magic Internet Money (MIM), a stablecoin issued by Abracadabra Money, has slightly lost its parity with the US dollar. The MIM stablecoin fell to as low as $0.95 before rebounding to $0.98 as of 5...
Another stablecoin is struggling to maintain parity with U.S Dollar HUSD continues to trade below $1
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Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72 – Bitcoin News
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value slidin...
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89 – Altcoins Bitcoin News
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermo...
Polkadot (DOT) Co-Founder Gavin Wood Steps Down As Parity CEO To Focus on Strategies for Mass Crypto Adoption
Gavin Wood is stepping down from his position as CEO of Parity, the development firm behind interoperable blockchain Polkadot (DOT). In a new company blog post, Polkadot co-creator Gavin Wood says he’...
Gavin Wood Steps Down as CEO of Parity Tech While Retaining the Chief Architect Position
Gavin Wood, founder of Polkadot and Chief Executive Officer (CEO) of Parity technologies has officially resigned as CEO of Parity. According to news reports from Parity, Wood will continue to be a maj...
Gavin Wood is stepping down as CEO of Parity
Polkadot co-founder Gavin Wood is stepping down as the CEO of blockchain infrastructure company Parity, Bloomberg first reported. He will be replaced by fellow Parity co-founder Björn Wagner. Parity i...
Polkadot co-founder, Gavin Wood, resigns as the CEO of Parity
Join Our Telegram channel to stay up to date on breaking news coverage The co-founder of Polkadot, Gavin Wood, has announced his intent to resign as the CEO of Party Technologies, a blockchain infrast...
Polkadot co-founder Gavin Wood steps down as CEO of Parity
Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity is the development company behind the Polkadot ecosystem. In a sta...
Polkadot Co-founder Steps Down as CEO of Parity
Gavin Wood, co-founder of Polkadot, and CEO of Parity Technologies, the key backer behind the ecosystem, announced that he is stepping down from the role. Gavin Wood, the co-founder of the Polkadot ec...
Polkadot Co-Founder Gavin Wood Resigns as Parity Tech CEO
Polkadot and Ethereum co-founder Gavin Wood has resigned from his role as CEO of Parity Technologies. Wood will remain a majority shareholder in Parity Technologies and assume a more technologically-f...
Polkadot ecosystem falls 2.9% after founder Gavin Wood steps down as Parity CEO
The market cap of the Polkadot ecosystem has declined roughly 2.9% following news of Gavin Wood‘s departure as CEO. Polkadot founder Gavin Wood announced on Oct. 21, that he was quitting his role as C...
Polkadot Creator Gavin Wood Resigns as Parity CEO
Gavin Wood – creator of Polkadot and co-founder of Ethereum – has exited his leadership position from the network’s major infrastructure provider, Parity Technologies. However, he will still remain cl...
Polkadot Chief Gavin Wood Resigns as CEO of Parity Technologies
Key Takeaways Gavin Wood has announced his resignation as CEO of Parity Technologies, the corporate entity behind Polkadot. Wood remains majority shareholder of the company but explained that CEO was ...
Dr Gavin Wood relinquishes CEO role at Parity to co-founder Björn Wagner
In a Parity Leadership Update today, Dr Gavin Wood, one of the initial co-founders of Parity Technologies has given up his CEO role to a fellow co-founder Björn Wagner. Wagner is the founder of the Ec...
EUR/USD price prediction: is another move above parity possible?
The US dollar is king in 2022. Every financial market is affected by the dollar’s strength, and the Fed is in the driving seat. But even with the dollar trading at its yearly highs and the Fed expecte...
Bitcoin, British pound trading volume soars 1,150% as UK’s currency risks dollar parity
Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin. That was the conclusion from Gabor Gurbacs, strategy advi...
Pound hits new low – what does it mean as dollar parity nears?
Yikes. It was not too long ago that the euro hitting dollar parity made big news, which I wrote about at the time here. As the graph below shows, the collapse of the euro against its transatlantic cou...
Pound Inches Closer Toward Dollar Parity With Fresh 37-Year Low
(Bloomberg) — The pound plunged by the most since March 2020 and hit the lowest in 37 years against the dollar, as the UK government unveiled a fiscal stimulus package that threatens to fuel inf...
No parity between the Dollar and the Euro
Both in terms of absolute value and as a store of value, the Dollar is clearly above the Euro, and despite today’s recovery that re-established parity in terms of value, the trend according to analyst...
GBP/USD forecast: sterling could crash to parity in 2022
The GBP/USD price is hovering near the lowest level since 1985 as investors reflect on the new British government. The pair slipped to a low of 1.1447, which was about 17% below the highest level this...