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Tag: stablecoin

Stablecoins Surpass $111B in Aggregate Value, Now Making up 7.7% of Total Digital Assets Market: Report

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer...

Why Terra (LUNA) Will Reward Users With New Community Bounty Program

Before the crash in the crypto market, Terra (LUNA) saw one of the strongest rallies of 2021. This platform’s native token traded under $1 early in the year and reached an all-time high of $22 before dropping to its current price at $5,88. The rally translates into a 2,691% profit in one year. Its ecosystem […]

FTT Technical Analysis: Under Selling Pressure, May Soon Fall Below the Support Level of $27.13

FTT price has tested and fallen below the 23.6% FIB retracement level of $28.54. It may soon fall below the support level of $27.13. Thereafter, we have to wait and watch if the price retests and breaks out of these levels. In that case, the price upswing is likely to continue tomorrow as well.

Digital Assets Report: Stablecoins Most Frequently Traded, Bitcoin Serving as Long-Term Investment, Ethereum as DeFi Builder

Cryptocurrency adoption has grown considerably during the past year, however, many people still may not yet fully understand how diverse this space really...

Compound (COMP) Rises 70% in Week After Protocol Launches ‘Guaranteed’ 4% Yields

COMP, the governance token of a decentralized lending protocol, has increased by 21% in the past 24 hours.

1inch partners ICHI to unveil dollar-pegged stablecoin

TL;DR Breakdown 1inch partners ICHI to unveil dollar-pegged stablecoin Growing use cases and demand for dollar-pegged stablecoin The cryptocurrency space continues to record more growth and expansion as 1inch, a platform that focuses on finding the best deals across multiple decentralized exchanges (DEXs), announced its decision to launch a dollar-pegged stablecoin with the ICHI platform. […]

What you should consider when looking at DeFi’s long-term, short-term prospects?

The Total Value Locked for DeFi has risen by over 50 times since last year, going up from $1.97 billion to $52.25 billion. What's more, DeFi projects' market capitalization has increased consistently

The post What you should consider when looking at DeFi's long-term, short-term prospects? appeared first on AMBCrypto.

Decentralized Monetary Authorities Protocol ICHI Partners 1inch Network to Launch New Stablecoin

ICHI, the protocol for developing the very first Decentralized Monetary Authorities (DMAs), has teamed up with the 1inch Network in order to launch...

Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether

Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins.

Bitcoin als neues Ziel von Soros & Spezialfonds – Was das für uns bedeutet

Bitcoin wird Mainstream – Die Vor- und Nachteile im Überblick Während Bitcoin sich wachsender Beliebtheit auch im traditionellen...

This Week in Fintech ending 2 July 2021

This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto...

Deswap: The worlds first synthetic stable coin lending protocol built on polygon chain

In recent times, Even Though the Decentralized Borrowing Finance technology changed global financial services, there are still a few hurdles that users encounter when they use the technology and more traditional users are still very susceptible when it comes to transaction fees and scalability problems. Most major outdated blockchains such as Binance and Ethereum have [...]

The post Deswap: The worlds first synthetic stable coin lending protocol built on polygon chain appeared first on Blockonomi.

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