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CATEGORY: global trade volume

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 13, 2023 10:30

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and [...]

The post Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums appeared first on Crypto Breaking News.

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USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 13, 2023 05:50

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. [...]

The post USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement appeared first on Crypto Breaking News.

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PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 11, 2023 10:35

PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High

The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance as Meme Token’s Value [...]

The post PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High appeared first on Crypto Breaking News.

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XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 05, 2023 10:30

XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome

Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S. dollar. XRP Defies Market Trends as Network [...]

The post XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome appeared first on Crypto Breaking News.

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Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 03, 2023 10:30

Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings

During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies. Additionally, Litecoin is on the verge of a reward halving, with only 30 days remaining until its block reward subsidy decreases from [...]

The post Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings appeared first on Crypto Breaking News.

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