Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
USDT
Stablecoins Surge in Market Share Amid Crypto Market Crumble
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…
5 years ago
Tether Payments Now Available on PornHub
On the 22nd January 2020, Pornhub announced the addition of two new payment options. USDT is one of the options added, a cryptocurrency stablecoin, and is the sixth-largest market cap. Paypal halted supporting Pornhub two months ago due to issues concerning regulatory compliance. In return, cutting off the Paypal payroll of the models and actors on its website. Some time ago, nations banned banking services in facilitating porn websites to stop human and drug trafficking. Nevertheless, the industry continues to…
5 years ago
Binance Incorporates ETC/USDT Perpetual Contracts
At the beginning of 2020, Binance, the world’s most lucrative cryptocurrency exchange, began its presentations of new features and developments based on the provision of their services. The top crypto exchange included various additions that backed-up numerous fiat currencies globally. As per its current features, the Turkish Lira (TRY) was among the new modifications, functioning as gateways allowing customers to bind their Visa cards with the technology. In turn, they could purchase XRP, BNB, Ethereum, and even Bitcoin. A New…
5 years ago
The Beginner’s Guide to Tether – All You Need To Know
In the past two years, few other cryptocurrencies have attracted the same controversy as Tether. The stablecoin that facilitates fiat money transfers without currency regulation has come under accusations of misconduct. However, crypto industry experts still rate it highly (3rd most valuable cryptocurrency) and consider the allegations nothing more than nasty rumors to create FUD (fear, uncertainty, doubt) movement. Tether works on the Omni platform and top of Bitcoin and Ethereum blockchains, reducing transaction times and fees to make money transfers…
6 years ago