After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped signifi...
Tag: Parity
Surging Dollar Raises Possibility of Parity With Euro
A roughly 7% slide in the euro against the dollar this year is breathing new life into a two-decade old question on Wall Street: Will this be the year the currencies finally reach parity? The euro fe...
Euro Is Sliding Toward Dollar Parity for First Time in 20 Years
(Bloomberg) — Most Read from Bloomberg The euro is on the verge of U.S. dollar parity for the first time in two decades. Europe’s common currency has already slumped to a five-year low near $1.0...
EUR/USD: parity is just around the corner, says Amundi
The US dollar rallies across the FX dashboard as the Federal Reserve embarks on a new tightening cycle. The US central bank has already raised the funds rate twice. In May, it did so by hiking 50bp. B...
Euro on the Brink of Breaking Last Support Levels Before Parity
(Bloomberg) — The euro is now on the cusp of breaking one of the last major support levels before it tumbles toward parity with the dollar. Most Read from Bloomberg The shared currency slipped t...
Tether’s market price slips below dollar parity amid ongoing stablecoin woes
Tether (USDT), the largest stablecoin, slipped below $0.96 early Thursday in a further sign of stress in the crypto market. The token dropped to a 24-hour low of $0.956 on FTX as of 3:15 a.m. ET. On ...
Is it safe to buy USD/CHF amid hitting parity for the first time since 2019?
One of the strongest moves in the FX market this year is the one made by the USD/CHF pair. It currently trades at parity, meaning that 1 USD equals 1 CHF – something that did not happen since 2019. It...
Euro to hit parity vs. the dollar this year, Europe’s largest fund manager says
The chief investment officer of Europe’s largest fund manager expects the euro to fall to parity against the dollar. Vincent Mortier, the chief investment officer at Amundi, told the FT that the euro ...
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93 – Bitcoin News
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.9...
UST stablecoin struggles to maintain $1 parity amid crypto market turbulence
The algorithmic stablecoin UST, which is part of the Terra crypto ecosystem, is struggling to maintain parity with the dollar following a Saturday market event. During the market event, the price of U...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity – Bitcoin News
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down t...
Parity Introduces Square One, Facilitating Creation on Substrate and More
Substrate is a massive ecosystem that allows blockchain developers to build on major chains like Polkadot and Kusama. Due to its popularity, and the diversity of what you can create with this toolkit,...
With Latest Update, ink! 3.0 Programming Language Achieves Parity With Rust
Advertisement     Parity Technologies, the company behind the Polkadot blockchain, has announced a key update to its Rust-based ink! Programming language for writing s...
Sats Near Ruble Parity – Trustnodes
Bitcoin’s smallest unit of account, one sat, has now long surpassed parity with one Ruble cent, making Russia’s fiat money one of the first in the world where sats themselves are actually worth someth...
Should you buy or sell the EUR/CHF a it moves to parity?
The Swiss franc has been in a strong demand lately as demand for safe-havens rise. The EUR/CHF pair has crashed to the lowest level since 2015 and is at parity. On the other hand, the USD/CHF pair has...
Bitcoin Reached Dollar Parity 11 Years Ago
Alex Dovbnya Bitcoin, the world’s first cryptocurrency, reached one of its significant milestones to date 11 years ago It has been 11 years since the price of Bitcoin, the flagship cryptocurrenc...