Over the last ten years, the issuance of Tether’s USDT stablecoin has closely followed Bitcoin’s price patterns, with more coins being minted during Bitcoin’s price increases and burned during price drops. Whale Alert’s data illustrates this correlation, showing how USDT’s supply impacts liquidity in the crypto Market. Analysts note that although large USDT mints often ...
BIMA, a decentralized finance platform, has launched its mainnet, allowing both professional and retail investors to access advanced yield strategies without having to sell their Bitcoin. With this new platform, users can mint a stablecoin called USBD, which is over-collateralized by Bitcoin derivatives, offering an efficient way to earn yields of 12% or more while ...
Eric Trump is tapping into the world of cryptocurrency as his family seeks new business opportunities since Donald Trump’s return to the White House. He believes crypto is faster, more transparent, and cost-effective compared to traditional finance. Recently, the Trump Organization faced legal issues, but Eric is moving forward with plans to launch a stablecoin ...
Eric Trump sees cryptocurrency as a solution for his family’s business after facing challenges in traditional finance. He highlights the speed, transparency, and cost-effectiveness of crypto, reflecting a shift in their business strategy since Donald Trump’s return to the White House. The Trump Organization is diving into the crypto space, launching a U.S. dollar-backed stablecoin ...
Arthur Hayes believes that Bitcoin could reach $110,000 before dropping to around $76,500, driven by easing inflation and better monetary policies in the U.S. This comes as Bitcoin shows a bullish trend, closing above $86,000. Meanwhile, the DeFi sector faced a setback as an unidentified whale made over $6 million by exploiting trading algorithms on ...
Fidelity Investments is gearing up to launch its own stablecoin as part of its expansion into digital assets, coinciding with new regulations for cryptocurrencies in the US. This Boston-based firm is currently testing its token designed for cryptocurrency markets. This move aligns with Fidelity’s plans to compete in the tokenized US Treasury Market, directly challenging ...
World Liberty Financial, a decentralized finance initiative endorsed by Donald Trump and his family, has introduced a new stablecoin called USD1. This digital currency is pegged to the U.S. dollar and is backed by short-term U.S. government securities and cash equivalents. Set to launch on Ethereum and Binance Smart Chain, USD1 aims to offer reliable ...
World Liberty Financial, a decentralized finance venture supported by Donald Trump and his family, has announced the launch of its new stablecoin, USD1, pegged to the U.S. dollar. Set to operate on Ethereum and Binance Smart Chain, USD1 is backed by U.S. government treasuries and cash equivalents. Co-founder Zach Witkoff emphasized that this stablecoin offers ...
Lava has created a self-custodial Bitcoin borrowing platform, allowing users to borrow against their Bitcoin without losing control of their assets. Their main product, the Lava Vault, combines a secure wallet with borrowing features, using advanced security measures to keep funds safe. Users can access liquidity through loans in dollars while still holding their Bitcoin, ...
World Liberty Financial (WLFI), a decentralized finance platform associated with Donald Trump, is rumored to be testing its dollar stablecoin, World Liberty Financial USD (USD1). Blockchain analysts have reported increased activity surrounding USD1 on Ethereum and BNB Chain, indicating preparations for a broader public launch. Notably, prominent figures in the crypto space, such as Binance’s ...
