TITAN drops to near zero from Wednesday’s high. Whales started to sell TITAN tokens which flooded in excess coins in the market. As TITAN began to fall precipitously, so did the pegged value of IRON. The Iron Titanium token (TITAN), the share token of once-multibillion-dollar decentralized finance (DeFi) protocol, has
Caitlin Long, the CEO of Avanti reveals the reason behind the sell-off of other cryptocurrencies and advises traders to avoid risk, on Thursday. The value of stablecoin’s reserves more space in the crypto market leading to more sell-off of other cryptocurrencies and reducing bitcoin price as well. Added to this,
-Gemini exchange offers a saving scheme called “Earn”-However, with rates of up to 7.4% APY for US users.-Earn feature allows customers to save with no minimum balance and no transfer fee.-Moreover, in the coming months, the company plans to offer interest on its dollar-pegged stablecoin, the Gemini dollar. Gemini exchange
Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily
