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Tether (USDT)

Coinchange Announces Zero-fee Crypto Trading and Up to 25% APY on Stored Assets

Coinchange’s High Yield Account which is scheduled for launch on July 30 will enable users to lock their USDC and receive an annual percentage yield of up to 25%.Coinchange has announced zero-fee crypto trading coupled with a new High Yield Account which will provide all users with up to 25% annual return on their USDC balances. The press release from the digital asset platform revealed that both existing and new customers can already enjoy the benefits of 0% fees on all deposits to the...

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Against The Sentiment: AXS Skyrockets 55% to New ATH as Axie Infinity’s Income Surge

While Bitcoin remains price bound and Tether borrowing rates are declining, NFT sales went parabolic in the first half of 2021, and some continue to thrive in a place of mainstream cryptocurrencies. The NFT marketplace is currently being dominated by a token related to the online game Axie Infinity, known as Axie Infinity Shards. The Axie Infinity platform. Source: AXS websiteDemand for Axie Infinity Shards Axie Infinity Shards (AXS) has increased almost 400% in price in less...

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USCD Operator Circle to go Public Via a SPAC Merger

The firm revealed the plans on Thursday, noting that the deal will value Circle at an enterprise value of $4.5 billion.Circle Internet Financial Inc, the primary operator of the USD Coin (USDC) stablecoin is set to go public via a merger with Concord Acquisition Corp (NYSE: CND), a publicly-traded Special Purpose Acquisition Company (SPAC).Renowned for its backing of USDC, the stablecoin has attained global prominence in the cryptocurrency ecosystem, serving as a viable alternative to the...

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Central Bank of China Raises Concerns over Financial Risks of Stablecoins

The executive of the PBoC says that digital currencies raised potential threats to financial security and social stability.The central bank of China has said it is “quite worried” about the worldwide financial risks from privately developed digital currencies, particularly, stablecoins.“Some commercial organizations, so-called stablecoins, especially global stablecoins may bring risks and challenges to the international monetary system, and payments and settlement system,” said Fan Yifei,...

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VDollar Exchange Introduces New ‘Trading Mining’ Mechanism

VDollar seeks to venture into the crypto industry at a time when global adoption is on the rise.VDollar Exchange Ltd is coming up under the market statement, “Mining is Trading”. The Colorado-registered crypto exchange allows users to trade cryptocurrencies. Simultaneously, 100% of transaction fees generated are placed into the USDT Reserve Pool belonging to all token holders. The on-chain address of the USDT Reserve Pool will be published for transparency and verification.According to...

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World’s Leading DeFi and CeFi Aggregator OpenOcean Announces Strategic Investment by Huobi Ventures

[PRESS RELEASE – Tortola, the British Virgin Islands., 5th July 2021] OpenOcean, a pioneering full aggregator that supports interoperability across multiple networks, is excited to announce a strategic investment by Huobi Ventures Blockchain Fund. Following the investment, OpenOcean will work closely with the Huobi Global ecosystem to bring more innovative solutions connecting DeFi and CeFi. The new solutions will benefit users through higher capital efficiencies and profits...

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AXIA Coin, the First Asset-Supported Global Currency, to Be Listed on BitMart Exchange

[PRESS RELEASE – Please Read Disclaimer] AXIA Coin (AXC) will be listed on BitMart Shooting Star at 10:00 PM on July 6, 2021 (EDT). Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading at 10:00 PM (EDT) on July 7, 2021. AXIA Coin is a global currency that aims to introduce a more equitable economic model, utilizing blockchain and smart contract technology. As a network, AXIA...

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USDC Set to Become Next Commanding Stablecoin on Ethereum

According to Messari, USDC is all set to become the next governing stablecoin on Ethereum due to its rising popularity on DeFi.USDC has emerged as one of the fastest rising stablecoin on Ethereum and has occupied a position as the next ruling stablecoin. A registered 50% fall in the prices of Tether’s share as stablecoin gave USDC a chance to grow much bolder in the face of financial market value and position. Research and analysis teams on crypto variants and trading platforms have...

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CoinMarketCap Adds Ethereum Token Swap Feature Powered by Uniswap

CoinMarketCap reveals that the feature is accessible on the pages of supported coins.Crypto market data aggregator CoinMarketCap (CMC) through integration with non-custodial decentralized crypto exchange Uniswap has launched a token swap feature on its website. CMC is one of the most visited finance portals in the world. According to data by SimilarWeb, the site had upwards of 270 million visitors last month.This new addition does not automatically come with all of the tokens listed on its...

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Wisebitcoin Opens Aggregate Trading For STORJ Against USDT

[PRESS RELEASE – Please Read Disclaimer] Wisebitcoin listed the STORJ/USDT aggregate trading pair on June 3, 2021. With aggregated trading, instead of supporting deposits and withdrawals, Wisebitcoin uses an aggregate trading system that automatically takes buy and sell orders from its own users and places those orders on other exchanges. In this way, users can rest assured that the assets or tokens that are purchased via aggregated trading are all real assets that are in...

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