Tether’s ‘Genius Idea:’ Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed…
Three Reasons Why Altcoins Are Suffering and When They Will Recover
While bitcoin remains in consolidation, around 10% away from its all-time high, the altcoins are crashing and wiping…
DeFi Token CRV Tanks 30% as Curve Finance Founder Gets Liquidated
The founder of the stablecoin lending and borrowing protocol Curve Finance, Michael Egorov, is seeing his position liquidated.…
American Crypto Advocacy Movement Tops Milestone 1 Million Supporters
On June 5, Coinbase CEO Brian Armstrong reported that one million people have joined ‘Stand With Crypto’ as…
Will Markets Move With $2.2B in Crypto Options Expiring?
Around $2.25 billion in notional value cryptocurrency options contracts will expire on June 7. Roughly 18,000 Bitcoin options contracts…
ENS Labs Proposes Layer-2 Expansion for Ethereum Name Service
On May 28, ENS Labs proposed that the Ethereum Name Service expand to layer-2 scaling protocols in an…
Bitcoin Market Not ‘Top Heavy’ Yet But More Consolidation Expected: Analysts
BTC prices have retreated back below $70,000 during Wednesday morning’s Asian trading session but markets are not overbought…
Hightower Advisors, SouthState Bank disclose investments in spot Bitcoin ETFs
Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing. The 13F…
CoinStats launches Degen Plan to enhance trading tools for serious crypto investors
CoinStats, a prominent crypto tracker and portfolio management platform, recently unveiled the Degen Plan — a premium subscription…
SEC Lawyers Resign Following ‘Gross Abuse of Power’ in Crypto Case
SEC lawyers Michael Welsh and Joseph Watkins resigned this month after the regulator was sanctioned by a federal…