Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

April 12, 2023 Bitcoin.com

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower

September 18, 2022 Bitcoin.com

Altcoins

Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from $171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July. For More Than 2 Months Stablecoin Market Caps Stagnate Seeing Little Growth […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

June 21, 2022 Bitcoin.com

USDD Continues to Trade for Under — Tron DAO Reserve Insists Stablecoin Has Not Depegged

Abracadabra

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout

June 19, 2022 Bitcoin.com

Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to alt=

$1 Parity

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST) failure and USDD’s recent volatility last week. Stablecoin […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

April 11, 2022 Bitcoin.com

Stablecoin Economy Is Billion Away From Reaching a 0 Billion Market Cap

Altcoins

The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. Stablecoin […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Coinbase Adds Custody Support for 12 Altcoins As Crypto Markets Bounce Back

March 26, 2022 The Daily Hodl

Altcoins

Leading US-based crypto exchange Coinbase is adding to its burgeoning arsenal of digital assets by extending custodial services to a dozen altcoins. Coinbase says it’s adding 12 new virtual assets to the growing roster of cryptocurrencies that are part of the Coinbase Custody trust. Coinbase Custody is a custodial service for institutional investors who want to […]

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Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

March 15, 2022 Bitcoin.com

Stablecoin Economy Nears 0B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

$132 billion

During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’

February 16, 2022 Bitcoin.com

Abracadabra

The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he’s “never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. […]

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Whales Are Accumulating 10 Altcoins on Ethereum Competitor Avalanche, According to On-Chain Data

January 1, 2022 The Daily Hodl

Altcoins

New data from a whale-surveilling website reveals which crypto assets are being devoured by the top 1,000 Avalanche (AVAX) whales. According to WhaleStats, which recently began keeping track of the smart contract platform and Ethereum (ETH) competitor, deep-pocketed AVAX investors are, on average, snapping up thousands of dollars worth of stablecoins and other altcoins. The […]

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Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Top Trader Says Ethereum Competitor Avalanche (AVAX) and Two Altcoins Appear Ready To Explode

December 22, 2021 The Daily Hodl

Abracadabra Money

A closely followed crypto trader says a major trend shift is occurring for one altcoin, and two more crypto assets are building bullish setups. Pseudonymous trader Cantering Clark tells his 95,000 followers on Twitter that he has his eye on ICE, the governance token that powers multichain yield optimization platform Popsicle Finance. With ICE well […]

The post Top Trader Says Ethereum Competitor Avalanche (AVAX) and Two Altcoins Appear Ready To Explode appeared first on The Daily Hodl.

Magic Internet Money