Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Esmaspäeval, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, juures 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

USDT raputav hind segab Alameda reservidega seotud spekulatsioone, Tether külmub 46 Miljon žetoone

Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 ühiku kohta. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curves 3pool, as the stablecoin pool has become unbalanced Thursday morning. Lisaks,…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% sisse 2 Kuud

In mid-August, või 68 päeva tagasi, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 miljardit. BUSD’s growth comes at a time when the market valuations of the top

Veel üks stabiilne münt kõigub metsikult, kuna HUSD langeb alla USD sidumise $0.82 märgi kohta

The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, august 17, and it dropped even lower in value the following day on Thursday, august 18. Neljapäeval, Huobi addressed the

70 juurde 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Kuud

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollarit. Bitcoin has shed 69% since the leading crypto assets all-time high on November 10, 2021, when the digital currencys value tapped $69K per

Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins

The price of bitcoin dropped below the $44K zone on Wednesday to $43,678 per unit as the entire crypto-economy has shed billions in value. Kirjutamise ajal, the overall crypto economy is down 4.5% as it dipped to $2.25