Tether To Launch GBPT, A British Pound-Pegged Stablecoin, In Early July
Tether (CRYPTO: USDT) is launching the pound-pegged stablecoin GBPT (CRYPTO: GBPT), following on the heels of its peso-pegged stablecoin.
Celsius Employees May Have Committed Fraud: Crypto Analyst
Crypto lending and interest-bearing account service Celsius Network (CRYPTO: CEL) halted withdrawals as blockchain analysis suggested</
Circle, Parent Company of USDC, To Bring Euro Stablecoin To Ethereum: Is MATIC Next?
Cryptocurrency firm Circle announced on June 16 that it would be issuing Euro Coin (CRYPTO: EUROC).
Crypto Market Anxieties Heighten As Tether Market Cap Drops To $70B
Investors recently sold over $1.6 billion of Tether (CRYPTO: USDT), dropping its market capitalization to $70 billion.
Tron’s Stablecoin USDD De-Pegs, DAO Distributes Another $500 Million To Protect Peg
On June 15, stablecoin USDD (CRYPTO: USDD) broke its peg to the U.S. dollar and touched $ 0.9582. Consequently, Tron (CRYPTO: TRX) fell to $ 0.048.
Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?
Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being launched, crypto has been on a ruthless downtrend with little sign of relief.
FTX CEO Sam Bankman-Fried Predicted The Downfall Of Terra (Luna): What Investors Need To Know
The tipping point for the crypto markets was the collapse of TerraUSD (CRYPTO: UST). This stablecoin was supposed to remain at $1, however, Terra
Terra Designer Says Do Kwon Purposely Increased UST Interest Rates From 3.6% To 20% After Being Warned
A new report claims that Do Kwon, Founder of TerraForm Labs and Terra (CRYPTO: LUNA), intentionally hiked Anchor Program’s interest from 3.6% to 20%, despite warnings.
Galaxy Digital CEO Mike Novogratz Shines Light On What’s Holding Back Cryptocurrency Markets
Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz maintained expectations for strength in cryptocurrency markets
Bitcoin Faces Uncertain Macro Environment But Impact From Terra Blowup Contained: What Ark Invest Said In Inaugural The Bitcoin Monthly Report
Ark Invest launched a new product over the weekend called The Bitcoin Monthly. Here’s what was covered in the first-ever issue of the online publication.