USDT is the latest stablecoin causing nervousness as Tether insists that operations are continuing as normal.
Bitcoin News
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New York digital media company the latest to add Bitcoin to balance sheet
While the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter.
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Indie Russian news firm raises $250K in crypto after sanctions cripple finances
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine.
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Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
All bets are off as volatility takes complete hold of Terra's tokens and a return to a U.S. dollar peg seems nowhere in sight.
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Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral, according to Glassnode’s latest report.
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‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.
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LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.
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The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges, according to Glassnode.
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First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week.
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For the crypto industry, supporting sanctions is an opportunity to rebrand
Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector.