Search Results for: Stablecoin Prices

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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Tere tulemast Latam Insightsi, kokkuvõte viimase nädala kõige olulisematest krüpto- ja majandusarengu uudistest Ladina-Ameerikast. Selles numbris: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

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

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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…

Prices in Dollars Rose Almost 54% in Venezuela During 2022

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Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and savings of Venezuelans…

Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars

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The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. USA. dollar reached a value of 356 pesos on December 28, losing…

German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business

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Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to…

Hodlnaut Court Files Highlight a $193 Miljoni puudujääk, Vilepuhuja mõistab hukka krüpto laenuandja vastuolulised avaldused

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The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest update shows that Hodlnaut experienced a shortfall of…

Üles 10 PoW domineerimine aurustub 9 Aastaid hiljem, Pärast ühendamist jääb alles ainult kaks töötõendit

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Krüptokogukond ootab kannatlikult kauaoodatud Ethereumi võrguuuendust töötõendist (PoW) panuse tõestamiseks (PoS) nagu The Merge eeldatavasti juhtub 27 päevade pärast. Pärast Ethereumi üleminekut PoW-lt PoS-ile, ainult kaks krüptovara…

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

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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 asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per…

Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner

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Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Seetõttu, even when the price is hovering around $20,000, a bitcoin miner…

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

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Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating…