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Tag: depeg

Bitcoin Targets $27,000 As CME’s Bitcoin Futures Events Contracts Make Their Debut

Advertisement &nbsp &nbsp Bitcoin is gaining significant bullish momentum following a potpourri of multiple tailwinds, including the launch of event contracts on BTC futures...

Tether’s USDT Stablecoin Market Share Reaches Highest Level in 15 Months

Share some Bitpinas love:Subscribe to our newsletter!Tether’s market share among stablecoins has increased by 54%, reaching the highest level in 15 months.This increase in...

‘Desperate’ Stablecoin Investor Pays $2 Million for Just $0.05 in $USDT After $USDC and $DAI Depeg

A “desperate” cryptocurrency investor has paid well over $2 million in an on-chain trade to swap out of an investment offering them exposure to...

SVB Shut Down + USDC Depeg

Hello there!Seeing how things have been unfolding since the start of the bear market, nothing surprises us anymore—until centralized entities start affecting overall sentiments...

USDc and DAI Re-Peg

USDc is back to being worth precisely one dollar after it fell to as low as 88 cent following revelations Circle held $3 billion...

🔴 Banks Shock Crypto | This Week in Crypto – Mar 13, 2023

The crypto market goes haywire following a bank collapse, causing USDC to depeg from the dollar and raising concerns over the whole sector’s future....

Op-ed: Why the USDC depeg is not a reason to panic

Ad The following is a guest post by Anndy Lian.The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of...

Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg

Circle CEO Jeremy Allaire is speaking out for the first time following USDC‘s depeg from the dollar, which saw over $6.3 billion disappear from...

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked...

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin...

Crypto Twitter labels Senator Warren ‘tone deaf’ on crypto audits amid SVB meltdown

Ad U.S. Senator Elizabeth Warren’s latest tweet about “sham crypto audits” and holding auditors “accountable” has caused a furor among the Twitter crypto community.The...

Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?

Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.The views,...

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