To eliminate overreliance on a single type of stablecoin, Singapore-based crypto exchange Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs. Therefore, the ETH/USD...
Tag: USD
FrontFanz Announces IEO on ExMarkets After Successfully Completing Two Private Rounds Raising $500,000 USD – crypto.news
FrontFanz, a revolutionary Web3 content-sharing platform that connects content creators with fans and monetization opportunities, has successfully completed its $500,000 USD private sale, and is geari...
XRP Beats Binance USD by Market Cap, Leaves Cardano and Solana in Dust
Gamza Khanzadaev XRP conquers Binance USD market cap top with 8% price surge, approaches major resistance level The bullish rally that took place in the early morning hours of Monday, July 18, was ano...
Euro Drops to Lowest Since 2002 Against USD, Ethereum Shadow-Fork Live, ZKX $4.5 Million Funding – crypto.news
For the first time in 20 years, the Euro dropped to €0.9951 trading against the USD. ZKX, a crypto-focused project, announced a successful funding round raising $4.5 million. Ethereum’s Shadow fork of...
Former BitMEX CEO expects US to start printing USD again despite rising inflation
Arthur Hayes, the former CEO of the BitMEX cryptocurrency exchange, has said that the US Federal Reserve could start printing additional dollars. Hayes says that the Fed will print more to weaken the ...
5ire raises USD 100 million in series A funding and turns unicorn
5ire, a fifth-generation level 1 blockchain network, and the world’s first and only sustainable blockchain, today announced that it has raised $100 million in Series A funding from UK-based conglomera...
Stablecoin Issuer Circle Reveals Comprehensive Breakdown of USD Coin Reserves in Push Toward Transparency
Stablecoin issuer Circle is unveiling a full breakdown of its USD Coin (USDC) reserves as part of its commitment to increase transparency. According to a new company blog post, Circle is issuing its f...
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...
Voyager Digital Upto Refund USD Deposits for now, but Not Crypto
Crypto broker firm Voyager went for filing bankruptcy following its liquidation. On Monday, 11th July, Voyager Digital came with a blog post with an update for their customers. It mentions that,...
AAVE Submits Proposal of ‘GHO’ Stablecoin Pegged to USD
16 mins ago | 2 mins read Altcoin News There will be no reserve factor for GHO interest payments. “Facilitators” have also been included as a notion in the plan. DeFi protocol AAVE proposes the creati...
Despite Voyager’s claims, its bank says FDIC insurance will not protect customer USD deposits from firm’s bankruptcy
On Tuesday night, crypto broker Voyager Digital filed for Chapter 11 bankruptcy in New York. Early Wednesday morning, the firm released a statement downplaying the bankruptcy, calling it a “volu...
NumisMe launches with APR for USD stablecoins and liquidity providers
Today, NumisMe announces the launch of the NumisMe Vaults (featuring APR Booster), Staking, and LP incentives. Simply deposit your crypto and grow your capital with some of the highest and most secure...
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide
Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the right moment has come to study the features of USD Coi...
Fed conference hears stablecoins may boost USD
The tech of CBDC wasn’t enough to convince some panelists at a Fed conference The panelists agreed that factors such as market and political stability are more crucial for dominant reserve currencies ...
H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Funding, Federal Reserve not Impressed by USD CBDC – crypto.news
H2O Waters Securities has launched the first water-focused crypto token. Sequoia China closes in on a $9 billion funding round to help new projects seed rounds and ventures, as the federal reserve app...
Fed conference hears stablecoins may boost USD as global reserve currency
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change ...
USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO
Jeremy Allaire, the founder and Chief Executive Officer of USDC stablecoin issuer Circle took to Twitter recently to share updates about the firm and how it is in a better position financially despite...
USD/TRY Forecast: USD to lira outlook as inflation surges
The Turkish lira continued its bearish trend on Monday after the latest consumer inflation data. The USD/TRY price jumped to a high of 16.82, which is the highest it has been since June 27th of this y...
USD stablecoin premiums surge in Argentina following economy minister’s resignation
Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Econo...
Avalanche price analysis: AVAX /USD is under a bearish spell, as the price depreciated to the $16.10 level
Avalanche price analysis is in favor of bears today as the market has seen a depreciation in price to the $16.10 level. However, some buying pressure seems to be present as the market attempts to retr...
A LPL like tournament in the GameFi circle, offering 500K USD in total prize: DracooMaster Champion Series 2022 unveiled
– Advertisement – As a blockchain-based trading card game, DracooMaster is under the spotlight. The rich gameplay experience it brings to players has made it absolutely one of the most fav...
HONG KONG DIGITAL ASSET EXCHANGE LIMITED(HKD.com) ANNOUNCES M+A WITH TECHNICORUM HOLDINGS, CREATING USD 100 MILLION VALUATION COMPANY IN SINGAPORE
SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joi...
Binance USD (BUSD) Market Cap Soared More Than $400 Million in May
BUSD joined USDC as one of the few cryptocurrencies that withstood the market crash of May which led to a steep decline in prices that saw billions of dollars wiped off the market. The token issued by...
Binance USD (BUSD): Fully-Backed and Regulated Stablecoin
Cryptocurrencies are risk assets, and the recent market crash shows how volatile they can be. While crypto assets are now more popular than ever, many investors are still skeptical about joining the i...
134 Million SHIB Burned, While Shiba Inu Holds as Largest Asset in USD
Yuri Molchan Shib community keeps burning meme tokens, but whales prefer to hold them in large amounts According to a recent tweet posted by the account of the burn platform that also tracks down burn...
Tesla and Microstrategy Lose 1.5 Billion USD on BTC. Will They HODL?
When it comes to crypto assets, holding onto them when the bear market is in full swing is a difficult pill to digest. After all, the old adage of buying low and selling high is no longer an effective...
USD strength is killing me as I holiday in Ecuador
I’ve never lived in the USA. I work for an English company (British Pounds), grew up in Ireland (euro) and live in Colombia (Colombian Pesos). This is relevant because I want to discuss the strength o...
USD Coin (USDC) Issuer Circle Announces Launch of New Euro-Pegged Stablecoin
USD Coin (USDC) issuer Circle is revealing the launch of a new Euro-pegged stablecoin at the end of the month. In a new company blog post, Circle announced Euro Coin (EUROC) will launch on June 30th o...
Tron’s Decentralized USD Stablecoin Continues to Slip From Dollar Peg – crypto.news
USDD, the Tron-backed algorithmic stablecoin, is still struggling to regain its dollar peg, which it lost on Monday. Short Sellers Hit Tron Trouble started brewing in the Tron ecosystem on June 13 whe...
Crypto trading exchange BitCoke rolls out $300M USD ecosystem fund » CryptoNinjas
Bitcoke, a derivatives-focused cryptocurrency exchange, recently announced the official launch of BitCoke Ventures, its affiliated investment arm with a starting amount of $300 million to foster excha...
Just In: TRON’s USDD Stablecoin Has Just Lost Its USD Peg, TRON DAO Injects $700M To Recover
– Advertisement – USDD has experienced a slight de-peg but TronDAO reserve will deploy $2 billion to support a re-peg. The crypto market is opening the week on a bad footing. The markets...