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Waves (WAVES) founder Sasha Ivanov is set to address the ongoing depeg issue with the USDN stablecoin by launching a new stablecoin. As reported by Coin68, Waves (WAVES) received a warning from cryptocurrency exchanges earlier in December due to concerns about the USDN stablecoin's persistent depeg over the
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BitDAO, the decentralized autonomous organization backed by Bybit, is evaluating a proposal to buy back $100 million worth of its own BIT tokens. On December 19, a new proposal was submitted to BitDAO, recommending the allocation of 100 million USDT to repurchase BIT tokens from the market. The buyback process
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Despite Argentina officially clinching the FIFA World Cup 2022 title, the fan token for the national team, ARG, has plummeted by more than 62% compared to 24 hours ago. Despite the historic achievement for the South American nation, Argentina's fan token, ARG, is trending downward. From a peak
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Bitcoin whales—investors holding the largest amounts of Bitcoin in the market—have sold off the highest volume of BTC ever recorded over the past 30 days. According to blockchain analytics platform Glassnode, Bitcoin whales sold a total of 280,000 BTC within the past month. BTC Holdings by Whale
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Hey everyone, last week was challenging for all of us, with many "bull traps" followed by sharp declines and sideways movement. Let’s review the past week’s trading and plan for the upcoming one! 68 Trading Plan (December 19, 2022 – December 25, 2022) – When Will the Bottom
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In the early hours of December 17, the cryptocurrency market experienced a new downturn, wiping out all the gains made over the past week. Top Cryptocurrency Price Movements at 08:35 AM on December 17, 2022. Source: Coin360 What was anticipated to be a week of recovery for Bitcoin and
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The Federal Reserve has followed through on its commitment to moderate interest rate hikes, as inflation appears to be coming under control. Fed Increases Rates by 0.5%, Bitcoin Experiences Fluctuations In the early hours of December 15, the Federal Reserve announced its final interest rate adjustment for 2022, raising
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Sui Foundation has recently unveiled its token distribution plan, allocating 6% of the SUI tokens for user airdrops. Sui Reveals Token Allocation and Airdrop Rewards In the early hours of December 15 (Vietnam Time), Sui Foundation officially announced its SUI token distribution plan. 🎉Rounding out 2022, we’re excited to
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The fan token for Argentina’s national football team (ARG) has surged by 70% following Lionel Messi and his teammates securing a spot in the FIFA World Cup final. Argentina Fan Token Jumps 70% After World Cup Final Qualification Argentina's national team clinched its place in the FIFA
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Mithril, a blockchain-based social network on the BNB Chain, has demanded a refund of approximately $53 million from Binance, after the exchange unexpectedly decided to delist the MITH token on December 15. Update - December 16: By 2 PM on December 16, CZ officially responded to Mithril's request.
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Tether (USDT), the issuer of the popular stablecoin, has announced its intention to completely eliminate all secured loans by 2023. Tether Plans to Eliminate All Secured Loans by 2023 In an interview with The Wall Street Journal on December 13, Tether revealed that its secured loans currently amount to $6.
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The Commodity Futures Trading Commission's (CFTC) assertion that Ethereum (ETH) is a commodity is fueling optimism about a brighter future for the project. On December 13, the CFTC reaffirmed Ethereum's status as a commodity in a court filing related to the FTX case. This declaration builds