Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount


Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.

via Cointelegraph.com News https://ift.tt/87vfqKb

Komentáre

Zverejnenie komentára

Obľúbené príspevky z tohto blogu

Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K

This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400 area, opening the door for a quick run higher towards the next major area of resistance around $28,000.... Read More: Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
Čítať ďalej

Bitcoin Price and Ethereum Prediction: BTC and ETH Surge Over 25% in Seven Days, How High Can They Go?

Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges in the last seven days, with Bitcoin soaring by more than 35% and Ethereum by more than 25%. This boost in the crypto market has sparked the interest of investors, who want to know how far these cryptocurrencies can go.... Read More: Bitcoin Price and Ethereum Prediction: BTC and ETH Surge Over 25% in Seven Days, How High Can They Go?
Čítať ďalej