Tag: USD

Can the 2020 Stablecoins Finally Bring Competition to Tether?

In the cryptocurrency world, there is no shortage of stablecoin action. Despite numerous competitors launching, Tether continues to dominate this landscape with ease. Despite the uphill battle, several new products will come to market throughout 2020.  More Stablecoins Attempt to Dethrone Tether The question is whether they can be more successful than those stablecoins launching in 2019. With the likes of USD Coin taking another stab, Binance’s own BUSD, and …
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Ethereum Price Close to Breaking $309 Resistance

The first day of the week has proven quite beneficial to digital currencies, as both the Bitcoin and Ethereum prices have increased. Bitcoin has reached a new all-time high of US$6,306, while Ether surpassed the US$300 threshold and is currently trading at US$309.39 on GDAX. Following the Byzantium hard fork affecting the Ethereum network, miners have received a difficulty adjustment, but have also lost part of their block reward, which is now 3 ETH rather than …
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US Dollar vs USDT

In the world of cryptocurrency, there are some interesting projects to take note of. Pegged cryptocurrencies are quite appealing to a lot of people. One of the more notorious pegged altcoins goes by the name of USDT. Although this currency is pegged to the US Dollar, its value is not necessarily the same. Moreover, there are some other differences between both currencies people need to take into account. 2. US Dollar …
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Bitfinex Outage Causes Bitcoin Price Flash Crash

The Bitcoin price has taken a significant hit across the exchanges overnight. The biggest culprit for this price drop was the Bitfinex exchange, as they suffered from an unscheduled downtime. Keeping in mind how this is the largest Bitcoin exchange in USD trading volume, there was a lot of panic when things were halted. But it looks like the price is, once again, starting to recover. A Brief Bitcoin Price …
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