• Several stablecoins have reduced their supply this month, while the TrueUSD (TUSD) token has seen its supply jump 110% higher. • TUSD is natively available on four different blockchains, with Ethereum-based and Tron-based tokens increasing by 27% and 218%, respectively. • USDC experienced a depegging event on March 11th and Gemini’s GUSD had a 30.5% redemption rate over the
» Weiterlesen• Bloomberg Intelligence senior commodity strategist Mike McGlone believes a supercycle may be occurring in bitcoin. • The cryptocurrency has outperformed gold by almost 10 times this year, and its volatility is more likely to recover than commodities when it reaches new highs. • McGlone also expects BTC to continue outperforming gold and the stock market due to diminishing supply,
» Weiterlesen• Meta is ceasing operations with non-fungible tokens (NFTs) on its leading social media platforms like Facebook and Instagram. • The decision came amidst the growing turbulence in the crypto market, such as the bankruptcy of major players like FTX exchange. • Stephane Kasriel, head of Commerce and Financial Technologies at Meta, assured that they will continue to invest in
» WeiterlesenStudy Finds Spain is Hotbed for Cryptocurrency Real Estate Deals • Forex Suggest study found that Spain has the most properties available to purchase with crypto. • Thailand, Portugal, and the UAE are also popular countries for cryptocurrency real estate investments. • Benefits include avoiding associated costs of transferring fiat currency, but low availability of mortgage lenders accepting crypto as
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