Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged as...
Tag: Parity
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
USDN Stablecoin Loses $1 Parity Yet Again This Year
11 seconds ago | 2 mins read Altcoin News The price declined to $0.82 in May and again to roughly $0.93 in June. As rumors of market manipulation spread in April, the USDN dropped to $0.78. Another al...
The Euro Regains Parity As Market Confidence Rises
On 25th August, the euro surged over par with the greenback as traders watched to see if Federal Reserve Chair Jerome Powell would adopt a more tough stance at a conference this week as the current U....
Euro – Dollar ratio still at parity
The Euro evens out the value of the Dollar again. It had already happened last month, and this will have consequences that change the state of affairs. The exchange rate of the Euro/Dollar pair is sti...
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin (BTC) drifted near $21,000 on the Aug. 22 Wall Street open as the new week began without a rebound. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView European commodity surge hammers...
The Euro Hit Parity With the Dollar Again. This Time, the Weakness Might Last.
Text size The euro is at parity with the dollar. Photo by INA FASSBENDER/AFP via Getty Images The euro fell enough to achieve parity with the dollar again. Don’t be surprised to see more weakness in t...
Watr And Parity Establish Digital Commons For Ethical Commodities
If there is anything to take away from the past few years, it is how the commodities industry needs to change. Resource companies still post record profits all the while markets suffer from unparallel...
EUR/USD comes under selling pressure as bears target parity
The EUR/USD price dropped to an important support level as investors waited for the upcoming FOMC minutes and US retail sales data. It fell to a low of 1.0200, which was the lowest level since August ...
Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value – Bitcoin News
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) droppe...
Parity Technologies Collaborate With Pastel Network To Enable Parachains and dApps on Polkadot
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Pastel Network Bringing NFT Security to Polkadot with Parity
Pastel Network recently announced establishing a partnership with Parity Technologies. The collaboration will see Pastel Network bringing permanent storage and NFT security to Polkadot. As the builder...
ETH trading volume hits 50% parity with BTC for the first time in 2022
After the surge in prices over the last month, the cryptocurrency sector finally reclaimed the $1 trillion market capitalization with the two largest assets by market capitalization Bitcoin (BTC) and ...
Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin News
Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member stat...
Video of Mario Draghi knocking Bitcoin ages like milk as euro sinks to parity with dollar
A recently posted video by @CarlBMenger shows former European Central Bank President and current Italian Prime Minister, Mario Draghi, slating Bitcoin. The short clip, dated March 2018, had Draghi war...
Euro-Dollar parity has been reached
On Monday, the dollar, which was already emerging from a week of good results, reached substantial parity with the euro, the strong currency of the old continent. A new historic level touched: parity...
Euro Hits 20-Year Low in Parity With the Dollar
Key Takeaways The euro fell to a 20-year low of $1.0001 in Tuesday trading. A potential cutoff from Russian gas supplies and recession fears have accelerated the euro’s downturn. BitMEX’s ...
US Dollar Reaches Parity with Euro, as DXY Breaks Through Resistance
The U.S. dollar appears to be the biggest beneficiary of global financial instability, pervasive inflation, the war in Ukraine and the coming recession. The dollar has regained currency parity with th...
EUR/USD price forecast amid dropping to parity
2022 has not been kind to EUR/USD bulls. The exchange rate just touched parity today for the first time in 20 years, and the sentiment remains bearish. Despite the European Central Bank (ECB)’s effort...
Euro slips closer to parity as Goldman warns the ECB could respond more ‘forcefully’ to a weak currency’
As the euro moved ever closer toward parity on Tuesday, one big Wall Street bank warned that investors may be underestimating the firepower of the bloc’s central bank. Pressure resumed on the common c...
Bitcoin risks new lows as $20K looms amid dollar euro parity
Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next supp...
ECB Uncertainty Leaves Parity in Play
For the EUR, it is a quiet day on the Eurozone economic calendar. Italian retail sales figures for May are out early in the European session. With little else for the markets to consider, weak consump...
Euro Sinks to Edge of Dollar Parity as Pros Call It ‘Unbuyable’
(Bloomberg) — With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity with the dollar is imminent. Most Read from Bloomberg Shorti...
Reasons why the euro is heading to parity
The EUR/USD pair continued its freefall as worries about the European economy continued. The euro dropped to a low of 1.0180, which was the lowest level since 2002. The currency has plummeted by more ...
Euro Tumbles to 20-Year Low, Putting Parity With Dollar in Sight
(Bloomberg) — The euro slid to the lowest level against the US dollar in two decades as investors grappled with the prospect of an energy crisis that risks tipping the region into a recession. M...
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent – Economics Bitcoin News
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and...
Parity Technologies hires three new executives
The company behind the Polkadot blockchain, Parity Technologies, announces the hiring of three new top executives to its team. Despite the bear market, Parity Technologies hires three key figures Thre...
Parity Onboards Three New Executives to its Leadership Team
Parity Technologies – the engineering firm behind the initial implementation of Polkadot – has rounded out its leadership team with the addition of three new hires. These include Eran Barak as COO, Fa...
Another Stablecoin Magic Internet Money (MIM) Loses $1 Parity
Altcoin News MIM has fallen 7% in the last 24 hours and is now trading at $0.9456. Wonderland Treasury withdrew $57 million USDC from a MIM Curve liquidity pool. Since crypto markets began to unravel,...
TRON’s Stablecoin USDD Fails To Maintain $1 Parity, Trading at $0.97
15 mins ago | 2 mins read Altcoin News This week, $2 billion was injected into Binance to combat the negative shorting rate. Wednesday saw the USD tumble below its one-dollar trough, tumbling as low a...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC...