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Tag Archives: XTZUSD

StablyUSD (USDS) Launches On The Tezos Blockchain To Lower Transaction Costs

The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by about 75%.USDS Comes To TezosIssued until now on the Ethereum blockchain, Stably USD (formerly known as StableUSD) is a US dollar-pegged stablecoin fully backed 1:1...

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Grayscale Breaking Records: Bitcoin Trust Adds Over $1 Billion in a Week

Grayscale continues to break records with its Bitcoin Trust as the company has attracted inflows of over $1 billion in BTC from institutional clients in a week.Additionally, the company seems to be preparing to launch several new cryptocurrency trusts for Chainlink, Tezos, and more.Grayscale’s BTC Trust Inflows To A New RecordCryptoPotato reported earlier that the leading digital asset manager registered its best quarter to date in Q4 2020 with the most substantial inflow quantities....

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LINK Soars 25% To New ATH As Bitcoin Recovers $5000 (Weekend Watch)

After a few consecutive days of price drops, bitcoin has regained some value and has jumped to around $33,000. However, most alternative coins have outperformed their leader with massive gains and have reduced BTC’s dominance over the market to 64%.Exploding Alts, New ATH For LINKThe past several days have been rather harmful to the altcoins as the cumulative market capitalization lost about $200 billion to beneath $900 billion.However, most alts have bounced off hard in the past 24 hours...

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Tezos Delphi Update Goes Live To Reduce Gas Consumption

A few months after compiling the latest protocol proposal, Tezos has officially implemented its 4th network upgrade in the past two years. Dubbed Delphi, it went live earlier today and aims to dramatically reduce the gas consumption along with other “small bug fixes.” The Delphi Upgrade Live On The Tezos Blockchain The Delphi proposal was initially submitted in early September. It brought numerous bug fixes, but perhaps more importantly, the upgrade provided substantial...

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Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...

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SATs Market Watch: Bitcoin Price Unable to Break $11,000 as Uniswap (UNI) Token Surges

Bitcoin took another swing at $11,000 but got rejected, and trades just shy of the coveted level. Most alts are retracing slightly, while UNI continues to attract attention, and its price has increased to $7.Bitcoin Stopped At $11KAfter yesterday’s relatively calm price performance, the primary cryptocurrency initiated another leg up towards $11,000. The move began from about $10,900, and in just a few hours, BTC topped at $11,020 (on Binance).However, the bears intercepted it and drove the...

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Tracked: $5.4 Million Eterbase Hacked Funds Sent To Binance and Huobi

A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC.The company asked for assistance from those exchanges and reassured its users that Eterbase will endure.$5.4M In Crypto Stolen From EterbaseLaunched in 2019, Eterbase is a relatively small Slovakia-based platform that describes itself as “the first regulation-compliant European...

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Bitcoin Price Defends $10,000 as Market Cap Regains $10 Billion

After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...

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BitMEX to Launch EOS, LINK, XTZ, and ADA ‘Quanto’ Futures Contracts Soon

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

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Bitcoin Crashing $1500 In 48-Hours: $40 Billion Evaporated From The Total Market Cap

It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along.Bitcoin Plummets Below $11KIt’s safe to say that the cryptocurrency market has seen better days as the blood bath that started yesterday has just intensified: Bitcoin was trading at $11,400 after recovering some...

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