Price ($): 1.01369 (-1.07883%)
Price (฿): 0.0002930792521739599
Market Cap: $204M
Volume (24h): $10M
A ”stable coin” is a cryptocurrency that holds a stable value. The coin gets pegged to another stable asset such as gold or the U.S. dollar for example. Unlike our traditional stable assets, a stable coin is global and not tied to a central bank. Why do we need Stable Coins? Cryptocurrencies are global currencies, […]
USD Coin (CURRENCY:USDC) traded down 0.7% against the US dollar during the 1 day period ending at 7:00 AM E.T. on December 13th. USD Coin has a total market capitalization of $195.25 million and approximately $7.83 million worth of USD Coin was traded on exchanges in the last day. In the last week, USD Coin […]
USD Coin (CURRENCY:USDC) traded up 1.2% against the dollar during the 24 hour period ending at 20:00 PM ET on December 10th. In the last week, USD Coin has traded 1.7% higher against the dollar. One USD Coin token can now be bought for approximately $1.03 or 0.00029585 BTC on exchanges including Kucoin, SouthXchange, CPDAX […]
Just some hours after the Coinbase made it public that it was exploring listing thirty-one new digital assets, the exchange’s pro version informed the crypto trading community of its plans to list the ERC20 tokens of district0x (DNT), Civic (CVC), Decentraland (MANA), and Loom Network (LOOM). The announcement then explained why the exchange listed the […]
A funny trend has emerged as the blockchain industry has gained steam. People are generally excited to “disrupt” legacy industries and start cutting out middlemen. Part of this is a frustration with the status quo, another part is a desire to not see the rich keep getting richer, and finally, people are sick of getting […]
USD//Coin (CURRENCY:USDC) traded up 0.5% against the US dollar during the twenty-four hour period ending at 16:00 PM E.T. on December 6th. One USD//Coin token can now be bought for about $1.02 or 0.00015715 BTC on major cryptocurrency exchanges including Poloniex and Kucoin. Over the last week, USD//Coin has traded down 0.7% against the US […]
In a significant development, cryptocurrency exchanges Bitfinex and Ethfinex have announced their support for four more USD-backed stablecoins, as per a blog post on Medium. Driven by the aim to provide a ‘high quality, unbiased meeting place for every ecosystem and customer,’ Bitfinex and Ethfinex had earlier introduced alternative stablecoins Tether (USDT) and Ethereum-backed coin...
The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender.
The birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these The recent birth of more stablecoins, which coincided with significant market losses for traditional cryptocurrencies, has drawn attention to the fiat-pegged digital assets. New dedicated platforms are now aggregating statistical data about their markets.
Coinbase has just announced that it would be listing four new tokens on Coinbase Pro. Hopefully, these four coins might have the privilege of enjoying the ‘Coinbase effect’. The Coinbase effect is a term that is used to describe the price spike and reputation enhancement that follows a coin after it gets listed on Coinbase […]
With yesterday's addition of Zcash (ZEC), popular exchange *service* Coinbase has more than doubled its cryptocurrency lineup in 2018 – and by the looks of it, ...
Singapore's virtual currency exchange KuCoin announced on Monday support for Ripple's cryptocurrency XRP (XRP) in eight trading pairs. The move came ...
Since September, on-chain stable coin transaction activity has increased by over 1000%, according to a report from Diar. This statistic does not include the billions of trades per day on exchanges. This boost is helped in part by the number of different stablecoins that have come online over the past few months. In that same…
In case you haven’t already noticed, there is still one category of cryptocurrencies that has seen strong growth during this year’s crypto bear market: Stablecoins. As competition is heating up, new stablecoins has entered the market and investors are looking for less volatile digital assets during the market crash, the total stablecoin market capitalization and trading volume are growing.
EOSBet, a decentralized betting platform based on EOS's blockchain which enables users to enjoy their favorite casino games via a fair ecosystem, has officially become the ‘first open-source casino to obtain an online gambling license’.The platform has announced its official certification this week in Willemstad, Curacao. The liscense was granted by one of the world’s longest-established and most trusted online gambling regulators, Curaçao eGaming.
The “crypto winter” that has chilled cryptocurrencies and brought them lower plodded on this week as bitcoin (BTC) plunged to fresh year lows. The selling frenzy intensified as the U.S. Securities and Exchange Commission this week postponed once again its decision on a bitcoin ETF. The new deadline to review proposals by investment firm VanEck[...]
As the cryptocurrency markets continue to sink to alarmingly low levels with almost all digital assets at all time lows, it seems that investors are running to the safe haven of the stable coin. We analyze the possibility of regulation by the SEC and speak to a number of stable coin executives.
Cryptocurrency prices extended their slide on Thursday, as the total market cap came within striking distance of new yearly lows, signaling the continuation of the bottoming process. Market Update The total value of cryptocurrencies reached a low of $119.2 billion on Thursday, falling within a comparable range of last month’s swing low. The crypto market […]