Deltec Bank CEO on Crypto Boom in the Bahamas
Deltec Bank & Trusting Limited CEO Odetta Morton discusses the tremendous growth of the crypto industry in the Bahamas, explaining the advantages of the country’s regulatory framework for those involved in the digital asset space. Plus, the history of Deltec’s involvement with the Tether USDT stablecoin project.
LUNA Surges 17% as UST Becomes the Third Largest Stablecoin
TerraForm Lab’s UST has become the third-largest stablecoin, meanwhile there’s a 17% spike in the LUNA governance token’s price. “The Hash” group discusses the race to capture the stablecoin market, comments made by Tether’s Paolo Ardoino and the differences between asset-backed and algorithmic stablecoins.
Tether's Paolo Ardoino on UST: 'It's All Fun and Games' Until You're a $100B Coin
The algorithmic stablecoin's growth has surpassed its larger rivals.
Inflation Concerns Hit Investors, BTC Holds Below $40K
Crypto Finance AG Head of Trading Mike Schwitalla shares his insights on the current state of the crypto markets as bitcoin’s price once again trades below $40K. Schwitalla discusses reasons for cryptocurrency sell-offs, inflation weighing on investor sentiment, and options trading. Plus, a conversation about stablecoin projects like Tether and Luna.
Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch
Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation.
Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace
The aptly-named “Stablecoin Transparency Act” would require issuers to report on their reserves.
Ukraine Asks Tether to Halt All Transactions With Russians; Tether Demurs
The vice prime minister of the embattled country has made similar requests with a number of western companies as well as major crypto exchanges.
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
Nickel Surges Above $100K, Investors Piling Up USDT
Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.