Every day, we learn more and more about how cryptocurrencies work. However, this technology advances so much and has so many aspects that it takes time to keep up the pace. You may have noticed by now that people use different terms to talk about cryptocurrencies, with some referring to them as tokens. Other commonly used terms are coins or altcoins, but do they represent the same thing?
Stablecoins are a type of cryptocurrency that attempt to address one of the biggest challenges of traditional cryptocurrencies: volatility. Unlike other cryptocurrencies, which are known for their wild price fluctuations, stablecoins aim to maintain a stable value by pegging their price to an external reference, such as a fiat currency or a commodity like gold.
The crypto sector is witnessing a myriad of changes and developments in light of macroeconomic events throughout global economies. In recent news, a California court gave out its verdict on the Apple vs Epic Games lawsuit, and this could potentially benefit NFTs and the Crypto sector in general. Stablecoin Tether is showing signs of improvement after the recent banking turmoil, while Arbitrum has advanced further on its roadmap by distributing its tokens across DAO Wallets. The scene is set for SignUpToken.com, which recently crossed the 5000-member count, and is approaching launch. Read on to know more!
Circle, the company behind USD Coin, the second largest market cap stablecoin in the industry, has announced a massive expansion is in the works in the coming months. According to the company’s official statement, USDC will go live on Arbitrum, NEAR, Optimism, and Polkadot by the end of this year. In addition, support for the interoperability-focused Cosmos chain is planned for early next year.
Key takeaways: DeFiChain has announced the listing of the DFI token on the Gate.io cryptocurrency exchange platform The ERC-20 version of the DFI token will start trading immediately against USDT. The DFI-BTC trading pair will be supported soon, while the native version of the DFI token will be available on the platform in the second…
Tether, the company behind the largest stablecoin in the sector, has announced that USDT is launching on the NEAR Network (NEAR). With the expansion to the NEAR ecosystem, the USD price-tracking stablecoin is now available on 14 different blockchain platforms.
In this guide, we will be showing you how to send your crypto from Coinbase to BTCC.
Binance has announced a somewhat radical change to the way it handles certain stablecoins on its platform – starting on September 29, the exchange will begin “auto-converting” USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) to Binance USD (BUSD) at a 1:1 ratio.
Binance Auto-Invest enables traders to introduce the concept of dollar-cost averaging (DCA) into their crypto purchases. DCA is a type of investment strategy that advocates for periodic, equally sized buys of an asset over time.