Tron’s Justin Sun Is ‘Deploying More Capital’ To Halt Decline Of USDD Stablecoin
Tron founder Justin Sun announced on Monday he swapped nearly $773,000 worth of Tron’s native stablecoin (CRYPTO: USDD).
Bitcoin, Ethereum Record Gains; Here Are Other Crypto Movers That Should Be On Your Radar Today
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, traded higher, surging sharply above the $19,000 mark this morning.
Ethereum Rises Sharply, Here Are Other Crypto Movers That Should Be On Your Radar Today
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, recovered this morning, climbing past the $19,000 level on Thursday.
Bitcoin Recovers Following Massive Dip, Here Are Other Crypto Movers That Should Be On Your Radar Today
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, showed some recovery signs this morning following a sharp sell-off over the weekend amid comments from US Federal Reserve Chair Jerome Powell.
Justin Sun Claims USDD Is Safer Than Terra’s Failed UST Stablecoin, But Risks Remain
What happened: The USDD stablecoin (CRYPTO: USDD), which is backed by Tron (CRYPTO: TRX), has received criticism due to its algorithmic peg to the dollar.
Bitcoin Drops Below This Major Level After Fed Minutes; Here Are The Top Crypto Movers For Thursday
Bitcoin (CRYPTO: BTC), the world’s most-valued cryptocurrency, dropped below the $24,000 mark on Thursday after minutes from the U.S.
Bitcoin Tops $23,000 While Ethereum Surges To This Level, Here Are The Top Crypto Movers For Thursday
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, managed to surpass the $23,000 mark on Thursday morning following the Fed’s rate decision.
The US Federal Reserve boosted interest rates by 0.75% on July 27 in a bid to contain the surging inflation level.
Understanding How Stablecoins Have Fared In The Crypto Bear Phase
Cryptocurrencies have long been considered a hedge against inflation and a better alternative to fiat currencies that are susceptible to devaluation concerns. Most cryptocurrencies have significantly underperformed benchmark stock market indices due to liquidity pressures brought about by the tightening of monetary policy by leading central banks such as the U.S. Federal Reserve.
Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar
Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, declined to the $21,000 mark, recording sharp losses on Tuesday.
Bitcoin, Ethereum Edge Lower, Here Are The Top Crypto Movers For Friday
Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, managed to stay strong on Friday despite concerns that the cryptocurrency might lose some value after the electric vehicle maker Tesla sold 75% of its BTC holdings.