Stablecoins

Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation

Russian Parliament Foresees a Wave of Token Issuance for 2021 within the Wake of Crypto Regulation Promulgation

The pinnacle of the Russian parliamentary committee on monetary markets and the nation’s first crypto regulation’s creator is forecasting a “surge in token issuance” for 2021 within the wake of the promulgation anticipated to happen in January. Russian Parliament Expects a ‘Surge in Token Issuance’ for 2021 After Crypto Regulation Promulgation In accordance with the …

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Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan

Uncollaterized Energy: A Makerdao Governance Vote Was Swayed by a Defi Flash Mortgage

The Makerdao and the stablecoin DAI has been a well-liked mission within the decentralized finance (defi) area and it’s additionally had its share of issues. This week the mission referred to as Bprotocol leveraged a defi flash mortgage to be able to sway a Makerdao governance vote. The event group behind the Maker mission goals …

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What Happens If The CFTC Targets Tether Next?

What Occurs If The CFTC Targets Tether Subsequent?

The unthinkable simply occurred: Bitcoin derivatives buying and selling platform BitMEX is being focused by the CFTC for quite a lot of expenses, and the corporate’s CTO has already been arrested associated to the case. Now, the worst doable state of affairs could possibly be on the horizon: The US regulator might goal Tether and …

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No, Another $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

No, One other $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin’s circulating provide and market cap. A correlation with newly minted USDT and Bitcoin pumping has despatched the crypto neighborhood right into a tailspin. At present, an automatic Twitter account that alerts buyers as to when new Tether is minted claimed …

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Bitcoin [BTC] Futures Open Interest Reaches All-Time High Above $5 Billion

Bitcoin Shopping for Stress Growing as Exchanges Maintain Extra Stablecoins

Bitcoin should be correcting from its 2020 excessive, however analytics point out that there’s nonetheless loads of shopping for stress and the bull run will not be over simply but. Commercial Bitcoin costs have been hovering across the $10,250 degree for the previous three days, down round 17% from their 2020 highs. A weekly candle …

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