Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated...
Tag: USD
Bitcoin Miner 360 Mining Raised $2.25 Million (USD) To Increase Production Of Natural Gas
Bitcoin miner 360 mining intended to increase $2.25 million (USD) in recent funding. The New York government announced a ban on bitcoin mining entities for the next two years. The Bitcoin miner 360 mi...
Neutrino USD (USDN) Loses Its $1 Peg, so Is It the Next UST?
Neutrino USD (USDN), a stablecoin of the Waves ecosystem, has lost its peg, currently trading at $0.85. What can be the reason? The crypto market is hovering around the fear of the collapse of yet ano...
Tony Fadell Designed A $279 (USD) Credit Card Sized Device For Storing Crypto Assets
The Apple iPod designer has launched the crypto security firm Ledger. Ledger Stax will sell for $279 (USD) compared to Nano S Plus for $79 (USD). The Apple iPod designer Tony Fadell announced that he ...
BTC, ETH Continue to Consolidate as USD Strengthens – Market Updates Bitcoin News
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global m...
Bitget Airdrops Seed NFT With USD 2M Rewards to FTT Holders During World Cup
[PRESS RELEASE – Please Read Disclaimer] The exchange sees users growth while the market sentiment seeks a safe and compliant trading platform Seychelles, December 5, 2022 – Leading global cryptocurre...
The issuer of USD Coin will not go public
Yesterday, the co-founder and CEO of Circle, the company that issues USD Coin, revealed the termination of the proposed deSPAC transaction. 1/ Some big @circle news. This morning, we announced the te...
Jeremy Spence Ordered To Pay $2.8 Million (USD) To Victims
The US Department of Justice (DOJ) has ordered to pay nearly $2.8 million (USD) to people affected by the Jeremy Spence crypto scam. Jeremy Spence, the crypto scammer who defrauded the crypto investor...
Tether And USD Coin Stuck In Bearish Winds, As Snowfall Protocol (SNW) Races To The Top!
With crypto investors increasingly looking to minimize risk while combating inflation, stablecoins have emerged as one of the most popular choices. Stablecoins are cryptocurrencies pegged to the value...
FTM price movement following the reveal of millions in USD within its reserves
Fantom (FTM/USD), according to a post by André Cronje, a well-known Decentralized Finance (DeFi) developer and the author of many crypto projects, showcased a detailed insight into the project’s finan...
Jordan Belfort Admits to Lose 300K USD in Crypto Hack
Crypto regulation remained the hot topic since the burgeoning financial asset growing popularity brought wide acceptance and adoption. Many financial authorities and regulators seek to regulate the de...
Bitget launches USD 20 million marketing campaign with Messi amid World Cup fever
Tenacious efforts with USD 20 Million investment in campaigns and rewards. Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentin...
CoinMarketCap Now Updating Terra Classic USD Supply Every 2 Hours
– Advertisement – CoinMarketCap has begun updating the current supply of TerraClassicUSD (USTC) every 2 hours. Cryptocurrency price-tracking platform CoinMarketCap (CMC) has started upda...
Tether vs. USD Coin on-chain data reveals two very different stablecoins
USD Coin (USDC), a stablecoin issued by the U.S.-based Circle Financials Ltd, is taking the lead over its top rival, Tether (USDT), when it comes to institutional adoption, according to on-chain data....
Buysellvouchers Adds Binance USD as a Payment Method
One of the Leading gift card marketplaces, BuySellVouchers, announces the addition of Binance USD (BUSD) as a new method of payment for users of the online platform BuySellVouchers has grown to become...
Stably USD Stablecoin Launches on XRP Ledger
Since its launch in 2018 as an ERC-20 token, Stably has raised the standards of transparency and interoperability in the stablecoin industry. Seattle-based Web 3 payment provider has announced the lau...
First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian
Yuri Molchan Stably Corporation has issued USD-backed stablecoin on XRP Ledger Contents Regulatory-compliant stablecoin on XRPL Minting USDS via Xumm wallet According to a recent press release, Stably...
First USD Stablecoin Launches On XRP Ledger
In a piece of vital news related to XRP — Stably, a leading Seattle-based Web3 startup has announced the launch of its multichain $1 pegged stablecoin on XRP Ledger (XRPL). The stablecoin which goes b...
BTC, ETH Decline as USD Strengthens Following Retail Sales Data – Market Updates Bitcoin News
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus exp...
Is UPST Stock Price Seeking 30 USD Resistance Level?
Upstart Holdings (UPST) stock has been among the struggling stocks given the vulnerable financial and economic situations worldwide. Since the AI based consumer lending company went public in 2020, th...
SoftBank (SFTBY) Lost its 100 Mn USD FTX Investment
Japanese investment giant SoftBank recently reported to mark off its overall investment in FTX—zero. On November 11th, the Bahamian crypto exchange filed for bankruptcy under the Chapter 11 Bankruptcy...
Tether Secured over 31 Mn USD Worth USDT in FTX Hack
Bahamian crypto exchange FTX announced on 11th November 2022 about filing bankruptcy under the Chapter 11 Bankruptcy code. The very same day, founder and CEO Sam Bankman-Fried stepped down from his de...
SPDR S&P 500 ETF Trust (SPY) Looking for a Breakout Above 400 USD?
Stocks within Wall Street have witnessed a surge following the optimist Consumer Price Index (CPI) data release. Major market indexes including Dow Jones (DJI), S&P 500 (INX), NASDAQ (IXIC), etc. ...
Goldman Lowered Its Coinbase Year Price Forecast To $41 (USD)
The US based cryptocurrency exchange Coinbase is slightly affected by the FTX downward wave. Goldman maintained its sell rating on Coinbase and reduced its year end price forecast to $41 (USD) from $4...
Bitget Prepares 5 Million USD Builders Fund to Help Users…
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and ...
BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets – Market Updates Bitcoin News
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from ...
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, in...
Best Way To Invest $50,000 USD in Cryptocurrency Bear Market
Toonie Takeover With money to invest, especially a large amount such as $50,000, it’s crucial that anyone considering their options gets as much information as they can about it. There is no room for...
FTX Holds Luxury Properties Worth 74 million USD in Bahamas
With the Bahamian crypto exchange FTX going bankrupt, new findings about the company and its spendings came out one after the another. Recently a news outlet came up with a report consisting of the in...
DOGE Creator Never Made Millions of USD from Crypto, Here’s Why
Yuri Molchan Co-founder of Dogecoin says he did not make “even close” to millions of dollars in crypto space Contents Making “not even close” to millions of USD Dogecoin has ma...
Huobi Token Going Down the Hill! Snowfall Protocol & Fei USD Are the Talks of Town!
Understanding cryptocurrency is crucial, despite its difficulty. Adaptability is necessary for a changing environment. The terms “ICO,” “Ethereum,” “Bitcoin,” “blockchain,” and “exchanges” are all use...
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron – Markets and Prices Bitcoin News
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw th...