Category: Stablecoins
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Report: Tether Printing is Failing to Pump Bitcoin and the Crypto Market
Pumping the cryptocurrency market is proving to be a difficult task for “whales” and digital asset exchanges, researchers at Bloomberg believe. $500 Million USDT in August Alone As observed by the Bloomberg, over $500 million in controversial stablecoin Tether (USDT) has been “printed” throughout August, without a significant increase in Bitcoin’s (BTC) price. Last year,…
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White Standard Stablecoin Launches on Stellar-Based Exchange
Known for its fast transaction speeds and low friction payments, the Stellar network offers users tools for value exchange across borders. On Aug. 23, The White Company and Fintech’s Interstellar joined forces to bring users seamless foreign currency withdrawals and deposits via a new stablecoin. The White Standard Stablecoin Launches on Interstellar Under the terms…
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The Case for Stablecoins: A Much-Needed Asset Class or the Worst Crypto Idea?
The case of cryptocurrencies’ global relevance remains a moot point given its wildly volatile nature, an aspect which has spurred a billion dollar crypto-exchange market. However, some entrepreneurs and companies are determined to bring needful price stability to the digital asset market. Crypto-Trading Market Creating Huge Volatility Cryptocurrencies are arguably the world’s most exciting high-risk,…
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Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge
When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were…