Tether replaces commercial paper with US Treasury Bills
Tether’s commercial paper has shrunk to zero, the USDT issuer has announced. Instead of holding commercial paper, Tether has replaced the investments with US Treasury...
Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
Patrick McHenry, ranking member of the United States House of Representatives Financial Services Committee, thinks the “conversation has become unmoored” regarding financial technology and needs...
Uniswap raises $165M from Polychain Capital, other investors
Uniswap wants to ‘bring Web3 to everyone’ , said founder and CEO Hayden Adams. Uniswap Labs, the leading decentralised exchange (DEX) platform in the crypto...
Solana (SOL/USD) price movement amid 6% bear run
Solana (SOL/USD) succumbed to the bear cryptocurrency market on Thursday. On CoinMarketCap, SOL was trading with an intraday loss of 6.63% and a weekly 14%...
US lawmaker says crypto regulation from SEC is ‘needed now’
John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear...
Cardano (ADA/USD) relinquishes support to a fresh new low
Cardano (ADA/USD) has tanked 7% in the past day to a record low of $0.03612. On the weekly scale, the price represents a 16% dip....
2022 biggest year for hackers with $3 billion in crypto already stolen
Hackers have so far stolen $718 million from DeFi protocols in October, which could yet be the biggest month for hackers, Chainalysis said in a...
How long can Bitcoin (BTC/USD) bear market last? Crypto billionaire Novogratz shares thoughts
Bitcoin (BTC/USD) sellers are largely exhausted, according to crypto billionaire Mike Novogratz. Novogratz says that after a big sell-off three months ago, most people that...
Decision time as Ethereum (ETH/USD) eyes a break below a key support
Ethereum (ETH/USD) was a victim of an accelerated sell-off on Thursday. A drop of 5% was enough to take Ethereum to below $1,250, a key...
Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
Cryptocurrency traders were caught by surprise after the Oct. 13 Consumer Price Index Report showed inflation in the United States rising by 0.6% in September...