Es gibt bereits eine Reihe von populären Stablecoins auf dem Markt – Tether is sicherlich der bekannteste. Bei einem Stablecoin wird der Kurs im Verhältnis zum Backing auf einem konstanten Niveau gehalten. So ist Tether eigentlich immer genau einen US-Dollar wert. Obyte setzt nun ein ähnliches Modell um.Crypto News: Obyte veröffentlicht Discount StablecoinIm Vergleich zu anderen Cryptocoins (die nicht als Backing fungieren) kommt es jedoch auch bei Stablecoins zu Kursschwankungen. Tether war...
Read More »Ethereum Price Analysis: ETH Trading In A Close Range But A Huge Move Could Be Imminent
Ethereum witnessed a sharp 7% price drop over the past seven days as it trades at $156.However, over the past 5-days, Ethereum has been trading sideways between $155 and $160.Against Bitcoin, the bulls are controlling the market after rebounding at 0.0229 BTC to trade above 0.0232 BTC.Key Support & Resistance LevelsETH/USD:Support: $155, $150, $143.Resistance: $160, $165, $170.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTC..ETH/USD –...
Read More »G20’s Financial Stability Board Recommends Common Regulation For Stablecoins
The G20’s Financial Stability Board (FSB) has issued ten recommendations for a common regulation on stablecoins. Their growing usage and volume may undermine financial stability if world governments don’t set up the necessary legislation.FSB’s Recommendations For Stablecoin RegulationReuters reported earlier today the FSB’s intentions to “proportionately” regulate stablecoins. The agency has developed a paper, which it will deliver to G20 finance ministers and central bank governors during a...
Read More »Youholder: Bitcoin-Kredit mit Gold absichern
YouHodler: Sofortige Auszahlungen in EUR, USD, USDT Nutzer von YouHodler können ab sofort auf Krypto-Kredite mit PAX Gold (PAXG) zurückgreifen. Der Ethereum-basierte digitale Token ist mit Gold gedeckt und bietet Nutzern der beliebten Krypto-Plattform eine zukunftssichere Investitionsmöglichkeit. Gold-gedeckter Krypto-Kredit Für den Handel mit PAXG stehen die bekannten...
Read More »Ethereum Price Analysis: ETH Tests $150 Following The Rollercoaster In Bitcoin Price
Ethereum saw a 3% price decline over the past 24 hours of trading as the cryptocurrency drops into the $150 level.ETH was previously struggling at the 100-days EMA at around $175, which caused it to fall.Against Bitcoin, the bulls are battling to keep the cryptocurrency above 0.0229 BTC support.Key Support & Resistance LevelsETH/USD:Support: $144, $140, $130.Resistance: $165, $170, $180.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.023 BTC, 0.0239 BTC, 0.0247...
Read More »Bityard Has Now Officially Launched: Special Sign-Up Bonus of 258 USDT
[PRESS RELEASE – Please read the disclaimer below]Bityard, the world’s leading digital contract trading platform, has officially launched. According to sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions. At Bityard, our ambition is to foster research and development of relevant forward-looking technology, overseas market expansion, and ecological construction of...
Read More »Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Digital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021.South Korean businesses and officials were talking about the government-backed stablecoins since December 2018. The Central Bank was hiring different industry experts. The experts prepare research on the CBDC related progress in other countries. Also, they propose own legal initiatives to improve the project. Now the Central Bank seems to be working...
Read More »Lawsuits Filed against Binance, Block.one, BitMEX and Other Crypto-Related Companies
Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.Binance, Block.one, BitMEX, TRON Foundation, BiBox and others received an astral hit. Well, not quite astral, but rather juridical. Because the regulators are mad when someone is doing things wrong.All the lawsuits are filed to the Southern District of New York. Per the...
Read More »Sitting Aside: Record-Breaking 6 Billion Tether (USDT) In Circulation Following Major Bitcoin Price Volatility in March
The number of circulating Tether (USDT) coins now exceeds 6 billion. Tether, and most stablecoins, have been continuously minting new coins to cope with the growing traders’ demand in times of high volatility and uncertainty in the cryptocurrency market.Over 6B USDT In CirculationThe past month was especially turbulent in terms of volatility, to say the least. Most cryptocurrencies were on the downhill, mainly due to the violent price actions in mid-March. The market tanked by as much as 50%...
Read More »Waiting For Bullish Command? More Than $1 Billion Stablecoins Balance Waiting On Exchanges
Over $1 billion worth of stablecoins is currently stored on certain cryptocurrency exchanges. Such an extensive amount sitting on the sidelines begs the question if traders are simply waiting for a definitive bullish sign to reenter the market.Over $1B Worth Of USDT and USDC On ExchangesAs Cryptopotato reported earlier this month, most stablecoins’ have been increasing drastically in terms of market capitalization. This came during some of the worst trading days for the cryptocurrency market...
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