Generative Data Intelligence

Tag: Dollar-Pegged

Top Ethereum Whales Holding These Altcoins! Shiba Inu Tops The List

whale

The post Top Ethereum Whales Holding These Altcoins! Shiba Inu Tops The List appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The world’s wealthiest Ethereum (ETH) whales are presently stocking enormous quantities of one stablecoin and two other altcoins, according to blockchain tracker WhaleStats. More USD Coins (USDC), Circle’s dollar-pegged stablecoin, are now held by the top 500 Ethereum addresses than any other asset. USDC is worth $1.64 billion to the whales, accounting for 13.38 percent …

Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In

terra-protocol-reaches-maximum-issuance-of-ust-daily,-lfg-foundation-steps-in

Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that interested parties are showing in minting the asset.…

The post Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In appeared first on Bitcoin News Miner.

Terra’s blockchain worth surpasses $30 billion as LUNA prices rise by 70%

The Terra blockchain’s total worth has surpassed $30 billion. LUNA prices have risen approximately 70% in the last week, due to excellent fundamentals and community [...]

US State Of Virginia Allows Banks To Offer Crypto Custody Services

The US State of Virginia and its senate, allow the banks to start offering crypto custody services according to the latest reports that we have in today’s crypto news. The delegate Christopher T. Head introduced the new bill back in January and sought an amendment to allow eligible banks to offer crypto custody services. The […]

US Senate allows Virginia banks to offer crypto custody services

Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services.

USDT records new all-time high against Russian ruble as inflation hits

As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Monday, from 9.5% to 20%.

Stablecoin Economy Continues to Grow, Adding 10% in 2022

Even as cryptocurrency values continued heading lower in 2022, the value of the stablecoin market continued to increase dramatically. At the end of 2021 the total value of all stablecoins was $168.3 billion, which is quite a lot. However in the nearly two months since, that value has increased by 9.9% to $185 billion. In […]

The post Stablecoin Economy Continues to Grow, Adding 10% in 2022 appeared first on Coin Bureau.

Which Regulators Are Shaping U.S. Crypto Policy?

Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion

As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]

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