Category: Stablecoins

Facebook’s Cryptocurrency by Year End; Grayscale Ethereum Trust Goes Retail; Coinbase Adds DAI

There’s been a flurry of major crypto news to end the week. Among the developments: Facebook expects to start testing its GlobalCoin cryptocurrency by year-end, before launching in 1Q20; Grayscale announced it’s received approval for the public quotation of eligible shares of its Grayscale Ethereum Trust (ETHE); and Coinbase unveiled full […]

Why Can USDQ, KRWQ, CNYQ, JPYQ Stablecoins Replace Tether?

Cryptocurrency markets have been famous for huge volatility. This quality of crypto drew attention to Bitcoin in December 2017 when the price rocketed up to $20,000. Subsequently, the price plummeted. And up to this day, no other cryptocurrency has managed to repeat this feat. Some adopters don’t need speculation and […]

Bitcoin [BTC] to USDT market share falls for the first time in 6 months post-Bitfinex fiasco

After the Bitfinex-Tether fiasco rocked the cryptocurrency market late last month, the trading volume of Bitcoin to the top stablecoin dipped slightly. However, given the larger picture, it held firm. In light of the collective market upheaval, BTC-USDT trading volume rose by over $1.2 million. The same was pointed out […]