Tag Archives: stablecoin

Bitcoin Gains As Investors Sell Off Tether

After a volatile week of slumps, weak gains, and uncertainties, Bitcoin started the week on a high note with a gain of 9% at one point in Asian markets. At that time, Bitcoin almost crossed the $7,000 mark raising positivism among investors of who have been grappling with depressed gains, volatile prices, and growing government […]

Roundup 11/10/2018 – Unocoin launches ATM, OKCoin Yuan based stablecoin & more

India’s biggest exchange launches own ATM Unocoin has announced that it is going to launch its own cryptocurrency ATMs. However, before the exchange announced this the online journal Coinshub India published a picture of Unocoin’s ATM. Now, the CEO Sathvik Vishwanath has confirmed that Unocoin developed and produced its own Bitcoin ATM. But Vishwanath did […]

A U.K. Cryptocurrency Exchange To Introduce A Stable Coin

London Block Exchange will release a new Stablecoin in the market. LBXPeg is the new GBP pegged altcoin to be released soon. The exchange said it will introduce the much-needed transparency that is lacking in most of the stable Cryptos. The company added that after the initial release, they will try to support other fiat […]

Roundup: 19/09/2018 – Top 10 Bank in USA uses Ripple’s xVia, Europol: Terrorist don’t use Crypto in Europe & more

Chinese company is funding a Japanese stablecoin project Grandshores Technology Group is a Chinese investment company that focuses on blockchain and crypto. The company plans to raise $12.7 million in an official funding round for a stablecoin that will be value backed by the Japanese Yen. Yongjie Ya, a representative of the investment company, is […]

Tether rival TrueUSD grows in popularity and gains $20m funding

TrueUSD hit the crypto market just in March this year and is rapidly growing since then. Just yesterday the stablecoin broke through the market capitalization of $50m USD. As of now, it stands at $62 441 292 USD according to coinmarketcap.com. Boosted by Tether’s bad image The rumors and uncertainty around the currently biggest stablecoin […]