GUSD

Crypto stablecoins present an efficient and easy way of managing crypto volatility. Volatility in the crypto market is often regarded as the boon and bane of crypto trading. While on the one hand, it allows traders to accumulate substantial profits, it can cause significant losses to crypto traders or even lead to missing a perfect opportunity to trade. Stablecoins function to cushion investors from intense volatility witnessed in the crypto market by providing a less volatile means to employ in…

BTC and ETH holders are set to earn more in the revised BlockFi interest structure the firm has announced. According to Zac Prince, the firm's founder cum CEO the changes take effect on April 1. BlockFi Improved Offerings  The announcement indicates that Tier 1 BTC holders with up to 5 BTC on the platform will earn a 6% annual percentage yield (APY). On the other hand, Tier 1 ETH holders, those holding up to 500 ETH on the platform will…

In a decentralized world, price fluctuation is something that crypto enthusiasts have become accustomed to, especially the emotional roller coaster of substantial price swings. The crypto market can be described as pirates at sea, where the bigger ships try to conquer the smaller vessels to amass wealth and treasures. Crypto enthusiasts found a way to curb all these highly volatile crypto markets by introducing stable cryptocurrencies, which serve as a reliable hedge during market fluctuations. Three basic kinds of asset-backed…

Gemini is a popular US-based regulated cryptocurrency exchange. Gemini differs from its competitors in its licensing. The network went to great lengths to secure a status as a New York State limited liability Trust rather than a Bitlicence. This designation provides the exchange with additional custodial capabilities. This way, the exchange operates similarly to popular Wall Street platforms versus a crypto exchange. Features of The Gemini Exchange Gemini provides users with an easy-to-navigate, user-friendly interface that allows users to buy…

Data reveals that the overall market cap of stablecoins stands at over $140 B as of December 22, 2022. On top of that, the trading volumes gradually rise as the crypto instrument closes at the $900 billion mark.  Investing in the digital asset world has become difficult for goal-oriented minds. However, the onset of stablecoins has proven to be a valuable tool for trading today. Stablecoins can be described as cryptocurrencies tied to other valuable assets or commodities. Therefore, the crypto…