Stablecoins Financial News

17.05 / 16:51

Tether stablecoins Cryptoverse: Stablecoins wend wobbly way into the unknown

Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market mayhem that shook faith in these coins that were designed to sidestep crypto volatility. But was it an isolated outburst, or are they losing their soul? Major stablecoins swung between roughly $0.95 and $1.02 last week, according to data provider Coinmarketcap, after having maintained their peg to within a cent previously in 2022.

17.05 / 08:13

cryptocurrency stablecoins TerraUSD Terra Luna Terra crisis: Family bonds shattered, dreams ripped apart

With last week’s Terra collapse wiping out $40 billion worth of investor wealth, cryptocurrency traders have been rattled and have lost any hope of recovering their money.

17.05 / 04:55

stablecoins How to earn interest on Stablecoins - 5 ways to do it

Trading may be one of the most prominent ways of earning returns from crypto, but you can also do so by staking stablecoins. Decent interest rates are in play, especially if you know the right crypto platforms to invest in. If your portfolio has some stablecoins to spare, earning interest on them could become a reliable source of passive income. Whether you hold Tether, the Gemini Dollar, or the USD Coin, you can start generating interest with stablecoin holdings through various straightforward processes that we’ll discuss below. Then, we’ll present the five top sites where stablecoins can work for you and earn passive income while requiring little to no effort. How a Stablecoin Interest Program Works: Quick Rundown

15.05 / 12:19

cryptocurrency CryptoExplainer stablecoins Rocky week The Worst Maybe Over For Cryptos, After Rocky Week Shakes Stablecoins

Crypto world stabilizes after rocky week shakes stablecoins

15.05 / 07:55

cryptocurrency Tether stablecoins Luna Future Cryptocurrencies: Why they've crashed and what it could mean for their future

If you had invested 100 (US$122) in the cryptocurrency Luna a month ago, you might have been quietly confident you'd made a sensible bet. But Luna's value has since fallen drastically at the time of writing, that 100 is worth around 4p (5). Luna was by no means the only victim in a week where cryptocurrencies were down 30%. Some have recovered to a certain extent, but this still represents an aggregate seven-day loss of over US$500 million (410 million), prompting existential questions about the future of the market.

13.05 / 10:45

Tether CryptoExplainer stablecoins Bitcoin Explained: What Are Stablecoins, The Asset Rocking Crypto Market?

Stablecoins have a market cap of around $170 billion.

13.05 / 07:45

Dogecoin stablecoins Terra Luna Crypto Exchange Luna Print Edition

LUNA has eroded its entire value to become merely a penny token. Its 'depegged' and 'unstable' sister concern USD Terra (UST), has eroded about 99.9 per cent of its value in just 72 hours. Terra, which was trading at $118 last month, boasting itself as the eighth largest crypto-token, was the worst of its day on Thursday when it tumbled down to $0.09 on Thursday. Interestingly, the token saw maximum carnage in the last 72 hours, when its value dwindled from roughly $80 to fall out to merely a few cents.

11.05 / 14:09

stablecoins bitcoins Terra Luna Luna This major crypto token dropped 60% in 24 hours. Here's what you should do

Interestingly, this time it's not a tiny token or a one time wonder, but a constituent among the top-10 crypto tokens, if we exclude the dollar-pegged stablecoins. Here, we are talking about Terra (LUNA). The native token of Terra blockchain named 'LUNA' tumbled to $24.14 from $61.99, registering a massive drop of 60 per cent within a day. The token is trading about 80 per cent below its peak close to $118, scaled last month.

20.04 / 15:11

stablecoins crypto news Bitcoin Cryptoverse: Gold coins glimmer amid the global gloom

crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed by gold are newer variants of "stablecoins", which are typically pegged to the dollar to tame volatility. The largest, Pax Gold or PAXG, has jumped 7.4% in 2022, while main rival Tether Gold has leapt 8.5%. By contrast, bitcoin has lost over 13% and ether is down 20%.

01.04 / 11:09

Stablecoin stablecoins DAO Staking The Billion Dollar Success of Olympus DAO (OHM) and ApeCoin (APE) will Acrana (ACR) Follow?

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

23.02 / 18:23

stablecoins Stablecoins: What they are and why you could consider investing in them

StablecoinsStablecoins are a much more appealing alternative for conservative investors who dislike the volatility of the cryptocurrency market. They represent the best of both fiat and digital currencies and are available on all popular exchange platforms likeCoinSwitch.

10.02 / 12:03

markets stablecoins regulators Global regulators going 'full steam' to tame crypto currencies

Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official said on Wednesday. The Financial Stability Board, which groups regulators, central banks and finance ministry officials from the G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins.Crypto assets are currently treated differently across the world, ranging from bans to no rules at all even though they are traded by international firms. The European Union is approving a comprehensive set of standards for authorising and supervising participants in crypto asset markets.

05.02 / 06:33

Ethereum cryptocurrency stablecoins Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum jump 9% each

The global cryptocurrency market capitalisation rose to $1.87 trillion over the last 24 hours from $1.70 trillion, while the trading volumes climbed to $90.36 billion from $68.72 billion on February 4.

26.01 / 14:23

Dogecoin cryptocurrency stablecoins Bitcoin Crypto traders are now moving to more stable tokens

cryptocurrency exchanges have recorded higher trading volumes in the past few days owing to extreme volatility in the market, as many traders and investors liquidated some of the riskier tokens, rebalanced their portfolios by moving to stable coins and also indulged in opportunistic buying to average down their portfolios. During and after the weekend crash, ET spoke to multiple exchanges to gauge the trading volumes — most recorded higher transaction levels, but a few witnessed a dip too. «We have seen volumes increase by around 15%,» said Avinash Shekhar, co-CEO, ZebPay.

06.01 / 06:55

cryptocurrency defi stablecoins Bitcoin fall Cryptocurrency Prices Today on January 6: Markets in red as Bitcoin, Ethereum fall

The global crypto market capitalisation fell substantially by 6.92 percent over the last 24 hours to $2.07 trillion while the total trading volume rose by 12.25 percent to $116.37 billion.

14.12 / 04:57

CBDC stablecoins Bitcoin Bitcoin Price Stablecoins steal the limelight from subdued bitcoin

bitcoin, the world's largest cryptocurrency, struggles to recover after a massive crash, regulatory and private sector focus has turned to another part of the digital currency world: stablecoins. The past week saw Meta Platforms Inc pilot its stablecoin payments wallet, while the world's largest payments processor Visa launched a crypto advisory service and said stablecoins, might become the medium of exchange rather than cryptocurrencies.

15.11 / 05:03

cryptocurrency CBDCs stablecoins Financial View: Stablecoins threaten financial system, but no one is getting to grips with them

Cryptocurrencies have had an exceptional year, reaching a combined value of more than $3 trillion (2.2 trillion pounds) for the first time in November. The market seems to have benefited from the public having time on their hands during pandemic lockdowns.

03.11 / 16:29

cryptocurrency CryptoExplainer stablecoins Stablecoins: What Are Stablecoins And How Do They Work: Here's All You Need To Know About Stablecoins

Stablecoins may be better used as a form of digital cash rather than a speculative investment.

02.11 / 12:55

stablecoins crypto news Treasury report calls for stricter oversight of stablecoins

stablecoins, a form of cryptocurrency that has soared in popularity in the past year. In a 22-page report issued Monday, the Treasury Department and several other regulators said the legislation should require that stablecoin issuers become banks, which would potentially subject them to a wide range of rules, including those requiring that banks hold sufficient cash reserves and implement measures to prevent money laundering and other illicit activities.

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