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Tag: stablecoin

Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — analyst

The downside outlook appears as Ethereum billionaire addresses continue accumulating ETH supply.

USDT Whales Increase Buying Power By 7% in the Last Month Alone

USDT WhalesWhales with USDT from $10,000 and $10 million increased their buying power by 7% in the last month. Data from ...

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Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In

terra-protocol-reaches-maximum-issuance-of-ust-daily,-lfg-foundation-steps-in

Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that interested parties are showing in minting the asset.…

The post Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In appeared first on Bitcoin News Miner.

Is mStable Truly Innovative or Just Redundant?

New protocols are constantly coming online in DeFi, with protocols using stablecoins being the most common. There are currently over 70 stablecoins in circulation, but no protocol supports all stablecoins.

Terra Is The Main Network Of Choice For Defi After Ethereum

Terra is the main network of choice for DEFI after ethereum with the latest rise of the price in LUNA helping it to achieve this milestone so let’s read more today in our latest cryptocurrency news. Terra is a fast-growing DEFI tool kit that is built on Cosmos and now it is officially the second […]

Stablecoins will have to reflect and evolve to live up to their name

Stablecoins have the possibility to become a promising alternative system amid global inflation, but they must be auditable to remain stable.

Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support

LUNA, AVAX and OSMO have outperformed most altcoins, hinting that a DeFi revival could be in store.

Impermanent loss challenges the claim that DeFi is the ‘future of France’

Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued.

Terra’s blockchain worth surpasses $30 billion as LUNA prices rise by 70%

The Terra blockchain’s total worth has surpassed $30 billion. LUNA prices have risen approximately 70% in the last week, due to excellent fundamentals and community [...]

US State Of Virginia Allows Banks To Offer Crypto Custody Services

The US State of Virginia and its senate, allow the banks to start offering crypto custody services according to the latest reports that we have in today’s crypto news. The delegate Christopher T. Head introduced the new bill back in January and sought an amendment to allow eligible banks to offer crypto custody services. The […]

US Senate allows Virginia banks to offer crypto custody services

Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services.

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