Trader Takes Advantage of TrueUSD’s Banking Woes, Opens On-Chain Short Position
Recently, a trader has made a strategic move by opening an on-chain short position on TrueUSD (TUSD), a stablecoin. This decision came after the issuer faced challenges with its banking…
TUSD’s Role in Bitcoin’s Rally Sparks Curiosity and Market Debate
The recent surge in Bitcoin’s price has captured the crypto community’s attention, sparking discussions about the driving forces behind this rally. While theories point to factors like Blackrock’s ETF and…
Traders Attempt To Short TUSD Following Prime Trust Insolvency
Traders are attempting to short the TUSD stablecoin amidst reports of the stablecoin issuer’s connection with crypto custodian Prime Trust. The TrueUSD issuer has stated that it does not have…
Opportunistic Ethereum Trader Exploits TrustToken’s TrueUSD Suspension to Capitalize on Market Volatility
TrustToken’s recent decision to temporarily suspend mints and redemptions of its stablecoin, TrueUSD (TUSD), through its banking partner, Prime Trust, has created a window of opportunity for astute Ethereum traders…
Stacks (STX) Rallies By 29% In The Past 7 Days – Here’s Why
The cryptocurrency Stacks (STX) has recently experienced a remarkable turnaround, with its price bouncing back after reaching a multi-month low of $0.4412. Investors have seized the opportunity to “buy the…
CBDCs and stablecoins: problems with banks
CCData recently released the June 2023 Stablecoins & CBDCs Report, a state of affairs of major fiat currency stablecoins and central bank digital currencies (CBDCs).
Dogecoin (DOGE) Losing Users: Bearish Trend Takes Hold
The Dogecoin network has experienced a gradual decline in DOGE user participation, accompanied by a consistent decrease in the number of Telegram members.
Blockchain Network Algorand Enhances Performance via Protocol Upgrade
Algorand, the “pure” proof-of-stake Layer-1 blockchain network, continues to deliver the advanced technology required to power real world applications with its latest protocol upgrade that unleashes faster block times, as…
Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, ADA, DOGE
Weekly crypto price analysis also shows that the cryptocurrencies have gained significant value over the past week. After a continuation of last week’s dip, the bulls have taken back control…
$1 Billion in DOGE Grabbed by Robinhood Customers, Holdings Show 11.16% Rise
Recently, @DogeWhaleAlert wallet tracker shared that the total DOGE holdings stored by the popular Robinhood trading app on behalf of its clients has seen a massive increase of more than…
