Jun 22, 2022
The UK Treasury has declared this year that Britain is going to become the biggest crypto hub in the world located next to the EU. While regulators and lawmakers are constantly working on a framework that is providing the needed security for both consumers as well as for businesses, Tether, the world’s largest issuer of stablecoins announced the release of another product. What is GBPT, why is it important and why is Tether releasing more new stablecoins all of a sudden?
Jun 17, 2022
Stablecoins have suffered a lot since TerraUSD crashed. But that is not necessarily justified since not all stablecoin solutions that are available on the market are based on algorithms. In fact, the most dominant stables available are backed either by cash or by dollar-denominated assets. It was yesterday when Circle announced the start of a brand new stablecoin that may play an important role, especially in Europe. What is EUROC and why is this stablecoin so interesting if you are living in the EU?
Jun 13, 2022
Tezos has been flying under the radar for quite some time. Despite the fact that the media became silent about this particular blockchain technology, there is a lot of development going on that is pointing toward a bright future for Tezos and its native cryptocurrency XTZ. NFT marketplaces and a whole DeFi ecosystem have emerged throughout the year 2021. Let’s recap all the positive development that has happened and take a look at why USDT is an important addition to the Tezos ecosystem.
May 30, 2022
The crash of stablecoin US Terra has not discouraged Vitalik Buterin, the founder of Ethereum: he does not rule out that algorithmic stablecoins can work. According to him, a key feature of such a stablecoin should be that it remains stable even in the face of falling popularity.
May 18, 2022
After the fall of UST on May 9, a shock wave went through the world of stablecoins. This led to a shift in the market value of the largest stablecoins. USDC gained market share, while USDT had to give up a similar percentage. What's at play here?
May 16, 2022
According to a spokesperson for the UK Treasury, a new law will include a regulatory framework on stablecoins. It's yet another sign that the UK wants to embrace crypto instead of pushing it away.
May 13, 2022
In a session in the US Congress, Secretary of the Treasury Janet Yellen stated that she does not see crypto as a systemic risk to the stability of the financial system. She did mention the fall of UST as an example of a risk within crypto.
May 11, 2022
More is becoming clear about the circumstances that led to the crash of stablecoin UST last Sunday and Monday. There is much speculation about the impact of the UST crash on the stablecoin market. Is this the end of algorithmic stablecoins?
May 10, 2022
It just had to play out sooner or later: the moment that stablecoin US Terra (UST) would face a stress test. It happened during the current price drop of the crypto markets. At its low point, UST was worth only about 65 cents. At this writing, the price is about 90 cents.
May 09, 2022
Last week had been particularly hard for tech stocks and crypto alike. The Nasdaq 100 took a hit and bears were rejoicing when they looked at the Bitcoin chart. However, not all crypto assets went down last week. Admittedly there were only a few exceptions but those that presented themselves have proven to be profitable for investors. One of them was Tron. Why took TRX off last week instead of dumping along with the rest of the market?
May 06, 2022
There are only two entities that keep on buying Bitcoin no matter what the price or the market conditions. The first one is MicroStrategy and the second one is the Luna Foundation Guard. The organization ensures that TerraUSD (UST) has additional collateral as a backup in case UST should face hard times. How much BTC did the LFG buy this time and what were the conditions of the latest Bitcoin deal that the foundation has struck?
Sign up to stay informed via our email updates