stablecoin
Ondanks dat de dag met een daling begon, heeft Pyth Network (PYTH) zich hersteld en handelt het momenteel de afgelopen 24 uur 20% hoger. De prijsschommeling van vandaag werd beïnvloed door een grote ontgrendeling van tokens en de release van een nieuwe LISUSD/USD-prijsfeed. Pyth Network (PYTH) token-ontgrendelingIn de ochtend kende de PYTH-prijs een aanzienlijke prijsdump als gevolg van een omvangrijke token-ontgrendelingsgebeurtenis. Het token daalde naar een dieptepunt van $0,3552 voordat het weer opkwam. Uit gegevens van tokenunlocks.app blijkt dat het Pyth Network op 19 mei om 14:00 UTC aa...
Invezz - NL
Nonostante abbia iniziato la giornata in ribasso, Pyth Network (PYTH) ha recuperato e attualmente viene scambiato in rialzo del 20% nelle ultime 24 ore. L’oscillazione dei prezzi di oggi è stata influenzata da un importante sblocco di token e dal rilascio di un nuovo feed di prezzo LISUSD/USD. Sblocco del token Pyth Network (PYTH).Al mattino, il prezzo di PYTH ha subito un significativo calo dei prezzi a causa di un voluminoso evento di sblocco di token. Il token è sceso al minimo di 0,3552 dollari prima di risalire. I dati di tokenunlocks.app mostrano che la rete Pyth ha sbloccato token per u...
Invezz - IT
Obwohl Pyth Network (PYTH) den Tag mit einem Rückgang begann, hat es sich erholt und wird derzeit im Vergleich zu den letzten 24 Stunden um 20 % höher gehandelt. Die heutige Preisschwankung wurde durch eine wichtige Token-Freischaltung und die Veröffentlichung eines neuen LISUSD/USD-Preis-Feeds beeinflusst. Entsperrung des Pyth Network (PYTH)-TokensAm Morgen erlebte der PYTH-Preis aufgrund eines umfangreichen Token-Freischaltereignisses einen erheblichen Preissturz. Der Token fiel auf einen Tiefststand von 0,3552 $, bevor er wieder anstieg. Daten von tokenunlocks.app zeigen, dass das Pyth-Netz...
Invezz - DE
In a rapidly evolving regulatory landscape, Kraken, a prominent US-based cryptocurrency exchange, has firmly stated that it has no plans to delist Tether (USDT) from its European platforms. This announcement comes in response to Bloomberg reports that Kraken was “actively reviewing” supporting Tether’s USDT stablecoin on its European platform because of the regulatory scrutiny surrounding the use of stablecoins in the European Union (EU). Kraken clarifies on Tether (USDT) delisting rumoursMark Greenberg, Kraken’s Global Head of Asset Growth and Management Business, has made it clear that Krake...
Invezz
Despite starting the day on a decline, Pyth Network (PYTH) has regained and is currently trading 20% higher over the past 24 hours. Today’s price swing was influenced by a major token unlock and the release of a new LISUSD/USD price feed. Pyth Network (PYTH) token unlockIn the morning, PYTH price experienced a significant price dump due to a voluminous token unlock event. The token dropped to a low of $0.3552 before resurging. Data from tokenunlocks.app shows that the Pyth Network unlocked $935.52 million worth of tokens (2.13 billion PYTH tokens) on 19 May at 2:00 PM UTC as part of a cliff un...
Invezz
Tether CEO Paolo Ardoino has slammed Ripple CEO Brad Garlinghouse’s remarks that the US government is “going after” Tether (USDT) as mere “FUD.” The Tether CEO also hit back at Garlinghouse as a CEO at the helm of a company currently under investigation by the US Securities and Exchange Commission (SEC). UDST is the world’s largest stablecoin, currently leading the market with over $111 billion in value. Tether also issues other stablecoins including one pegged against the Euro. Meanwhile, Ripple is an enterprise blockchain and cryptocurrency solutions provider and the company behind XRP. SEC ...
Invezz
A new analysis conducted by Visa and data analytics firm Allium Labs has discovered that less than 10% of stablecoin transaction volumes are generated by real users, with the vast majority driven by automated bots and large-scale traders. Limited organic activity in stablecoin transactionsThe study, which was reported by Bloomberg, investigated approximately $2.2 trillion worth of transactions in April and found that only about $149 billion represented genuine, organic payments activity. This stark discrepancy highlights the prevalence of non-human actors in the stablecoin markets. The analysi...
Invezz
Nothing has been more damaging to the adoption of cryptocurrencies than the “no-coiners” — deniers who refuse to buy into the system and prophesied that the industry is doomed to failure. Fortunately, these "sceptics" appear to be a dying breed and the doubters are becoming less doubtful. Two years ago, an article published in Vice magazine outlined how a "no-coiner" was a derogatory term in the crypto world, used to describe anyone who derides the ecosystem by saying things like: "it's a bubble about to burst," "it's not real money," or is "a wildly anarchic unregulated form of Wild West fina...
Euronews (English)
Whitney Tilson’s email to investors suggesting to avoid Digital World Acquisition Corp (NASDAQ:DWAC); Tether fails to dispel mystery on Stablecoin’s crucial reserves. Q3 2021 hedge fund letters, conferences and more Avoid Digital World Acquisition1) In my October 22 e-mail, I warned my readers away from the shares of Digital World Acquisition (DWAC), a special purpose acquisition company ("SPAC") that had announced a deal to partner with a company owned by former President Donald Trump, Trump Media & Technology ("TMTG"), to launch a social media company called TRUTH Social. I wrote: To be clea...
ValueWalk
Like a racecar in reverse, $TITAN, the stablecoin of Titan Finance, crashed from $60 to $0 on Thursday. $2bn TVL was wiped out, including the investment of Mark Cuban. However, this was not a rug. The term “rugged by the people” has been floating round crypto Twitter: an irredeemable loss of confidence in the coin that drove the price to near zero. The people simply panicked and ran. One Defi founder – Steven Enamakel – thinks he knows why, and how to stop it. Q1 2021 hedge fund letters, conferences and more The Problem With $TITANThe problem was under-collateralisation. 70% of the stablecoin’...
ValueWalk
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