If this level gives way, the pair may continue its uptrend. Alternatively, if the price turns down and breaks below 20-EMA, it will suggest that the short-term bulls may be booking profits on rallies.
These 5 cryptocurrencies may continue to surprise to the upside
BTC/USDT daily chart. Source: TradingView The rising 20-day exponential moving average ($24,088) and the relative strength index (RSI) in the overbought territory indicate advantage to buyers. If the …
Bybit Reports Surge in Trading Volume Amidst USDC Volatility
Bybit’s perpetual market saw the daily trading volume of the USDC/USDT pair exceeding $380 million, and the annualized funding rate reaching as high as 740%. Bybit’s success is a testament to its …
Altcoin narrative for next week as Bitcoin price shows exhaustion signs
This has caused capital to flow mostly into BTC and stablecoins like Tether (USDT) and True USD (TUSD) since they’re relatively more stable as compared to altcoins. However, this narrative could …
USD Coin vs Tether: A quick comparison of the top two stablecoins in the market
USDT and USDC have emerged as the leading stablecoins in the market. They are leagues ahead of the other players in the space in terms of adoption, usage and market share. But what are these …
Ample NeuroNet Announces Exclusive Mining for BNB, BUSD, and USDT
Berlin, Germany, March 17, 2023 (GLOBE NEWSWIRE) — Ample NeuroNet, a neural network for DeFi cryptocurrency trading based on NeuroNet GPT, has announced exclusive mining for BNB, BUSD, and USDT at …
Bitcoin and Ethereum: Crypto markets hold strong amid market chaos
The benchmark cryptocurrency has been a true benefactor of the market chaos following Silicon Valley Bank’s collapse- over the seven-day period, BTC/USDT has shot up over 30% Given its exceptional …
Stablz Launches Cannavest pools, with 30% APR on USDT deposits!
San Francisco, CA, March 16, 2023 (GLOBE NEWSWIRE) — Stablz, a cutting-edge yield capturing protocol, has announced the launch of its new Cannavest pools, offering an enticing 30% APR on USDT …
Tether’s Stablecoin Market Cap Now Double USDC After SVB Chaos
Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows. USDT’s market cap is now almost twice as much …
Russian Brokers Offer Cash-For-Stablecoin Transactions Via USDT Despite SWIFT Sanctions
Brokers now offer over-the-counter (OTC) services to convert Russian rubles into foreign currency, in cash, through stablecoin (USDT) transactions. According to the Russian branch of Transparency …
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
For instance, you could buy the tether (USDT) stablecoin for cash in Moscow and then selling it for cash in London. No registration, no identity verification, no licenses, no guarantees. The first …
Tether Decreases More Than 3% Within 24 hours
Over the past 24 hours, Tether’s USDT/USD price has fallen 3.08% to $1.00. This continues its negative trend over the past week where it has experienced a 1.0% loss, moving from $1.0 to its current …
Justin Sun’s Tron-Based Stablecoins Gain As Investors Flee USDC To USDT In Wake Of SVB Collapse
As investors sought safety in the wake of Silicon Valley Bank’s (NASDAQ: SIVB) collapse this week, the total Tron (CRYPTO: TRX) stablecoin market cap saw a significant increase, while the Ethereum …
Bitcoin prices go up when banks go down
As one bank failed and another closed, bitcoin and other crypto got a boost, market experts tell Axios — all linking the weekend banking crisis to changing expectations. By the numbers: The price of …
SVB Banking Crisis Shows USDC Stablecoin Is Still Wildly Unstable
The American banking crisis, from the collapse of Silvergate to Silicon Valley Bank, reveals how heavily regulated, dollar-backed stablecoins like USDC aren’t as stable as crypto advocates suggest.
Tether Becomes Unlikely Crypto Winner in Banking Crisis
The stablecoin’s market cap has risen 10% this year.
SVB crisis: Here are the crypto firms denying exposure to troubled US banks
Amid the ongoing U.S. banking crisis, many major crypto firms have denied exposure to dissolved banks like SVB, Silvergate and Signature.
BTCC Exchange Lists Tokenized Futures For NVIDIA And AMD
NVDA/USDT and AMD/USDT tokenized futures are now available on the BTCC platform. BTCC users can now buy and sell tokenized stocks of the AI chip manufacturers NVIDIA and AMD. LITHUANIA, March 14, 2023 …
Bitcoin and Ethereum: Crypto’s flight to safer havens
There is a good observation to be made on USD Coin’s (USDC) recent de-pegging coinciding with the rally on bitcoin and ether. Or more tellingly, …
Amid Collapse Of Signature, Silicon Valley Bank, Stablecoins Appear To Be Weathering The Storm (For Now)
Funds are #SAFU.” Tether, the world’s most popular stablecoin, actually saw a momentary increase in its value, spiking up to almost $1.03 on Friday, before returning to its original value over the …
‘Last of Us’ icon Merle Dandridge didn’t tether herself to old ways of imagining Marlene
Merle Dandridge says the Marlene she plays in “The Last of Us” live-action series is a more mature and deeply developed version of the freedom fighter she depicted in the beloved video game.