Welcome to The Weekly Fix, the newsletter where word count isn’t negatively correlated to the temperature. I’m cross-asset reporter Katie Greifeld.
Authorities unlikely to save stablecoins in case of a disruptive event: Fitch
Fitch Ratings believes that potential asset contagion risks linked to the liquidation of stablecoin reserve holdings could increase pressure for tighter regulation of the nascent sector …
AscendEX Lists HOPR Token That Supports ETH, xDai
AscendEX, a cryptocurrency financial platform is thrilled to announce the HOPR token listing under the pair USDT/HOPR on July 1 at 1 p.m. UTC.
Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
Bridge Mutual aims to reassure crypto investors that their stablecoin holdings won’t lose value if Tether depegs from the U.S. dollar.
Why the Federal Reserve is getting worried about Tether
Community Gaming completed a seed round for $2.3 million to automate esports organization and payouts, facilitating an increase of player returns and earnings.
ZebPay launches ‘Earn’ feature that pays returns on HODLing crypto
Under the facility, returns will be earned on the balance in an investor’s spot or trading wallet and even in pending ask (sell) orders..HODL stands for Hold on for Dear Life, which suggests that one …
Fitch Says Rapid Stablecoin Growth Poses ‘Contagion Risks’
The rapid growth of stablecoin issuance could have implications for the functioning of short-term credit markets, the bond-rating service Fitch said Thursday. Stablecoins, typically digital tokens …
Messari: USDC set to become ‘dominant’ stablecoin on Ethereum
USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stablecoin on Ethereum thanks to its popularity in DeFi according to Messari. Research by the analytics firm …
At the Heart of Crypto Investing, There is Tether. But Will its Promise Pan Out?
The $18.5 million fine levied by the New York attorney general’s office earlier this year to settle a legal dispute, raises more questions than answers.
3 key areas traders are watching as Bitcoin’s monthly close occurs
As the month of June comes to an end, traders are asking the Magic 8-Ball for answers to the question of where Bitcoin’s price will go next.
AscendEX Lists HOPR To Support ETH, xDai
For the first time, AscendEX will support HOPR deposits and withdrawals from both Ethereum (ETH) and xDAI Chain blockchains. In celebration of the listing, AscendEX and the HOPR team will jointly …
5 Best Cryptocurrencies to Buy for Early Retirement
In this article, we discuss the 5 best cryptocurrencies to buy for early retirement. If you want to read our detailed analysis of these currencies, …
Tether Hit $2.3T in Monthly Trading Volume, Almost Double than Bitcoin and 2.5x More than Ethereum
According to data presented by BlockArabia.com, Tether, as the world’s most widely used cryptocurrency, hit $2.3trn in monthly trading volume, almost double than Bitcoin and 2.5 times more than …
Cream Finance DeFi Protocol to Launch on Polygon
The latest decentralized finance (DeFi) platform to take advantage of scaling its lending and borrowing protocol to Layer 2 is Cream Finance.
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The dollar-backed USDC stablecoin, now native to four blockchains, could soon be on eight to 10 more networks, CoinDesk has learned.
Fed issues warning on Tether, U.K. bans Binance exchange
CNBC’s Kate Rooney on whether there’s a growing cryptocurrency crackdown. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Karen Finerman, Tim Seymour and Brian Kelly.
Boston Federal Reserve Official Calls Tether a Risk, Notes that a Stablecoin Recently Had Financial Difficulties
Tether, or USDT, is the leading stablecoin in the crypto-ecosystem. Used by traders to move in and out of crypto trades, Tether currently holds a $62 billion market cap – following only Bitcoin and …
Four ways investors use support and resistance levels to make better trades
Once traders can spot the support and resistance levels, they can improve their entry and exit timing in the market. Support and resistances are also helpful during bullish, bearish and range-bound …
Top five cryptocurrencies to watch this week: BTC, ADA, SOL, MATIC, KLAY
Bitcoin’s consolidation in the current range could create trading opportunities for ADA, SOL, MATIC and KLAY over the coming days. The U.S. core personal consumption expenditure (PCE) price index …
Crypto Analyst: 2.1 Billion USDT Transferred Into Crypto Exchanges
A crypto analyst said crypto enthusiasts should get ready for the BTC pump. Glassnode data show that 2.1 billion USDT transferred into crypto exchanges. According to a Twitter account, LilMoonLambo, …
US Fed Official Calls Tether a ‘Challenge’ to Financial Stability
A senior U.S. Federal Reserve official has called Tether’s USDT stablecoin a risk to the stability of the financial system. In a slide presentation Friday, Eric Rosengren, president of the Federal …