The post Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off appeared on BitcoinEthereumNews.com. Coinspeaker Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off Synthetix’s decentralized stablecoin sUSD has seen an unexpected turn of events after it slipped below its intended $1 peg. The stablecoin, issued through the Synthetix DeFi protocol, fell to […]
Crypto Skeptic Leaves SEC, But There’s a Catch
The post Crypto Skeptic Leaves SEC, But There’s a Catch appeared on BitcoinEthereumNews.com. Heather Slavkin Corzo, the policy director at the U.S. Securities and Exchange Commission, is leaving the agency, according to a Friday press release. SEC Chair Gary Gensler has described Corzo as one of his “most trusted advisers.” He praised her for bolstering investor […]
Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade
The post Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade appeared on BitcoinEthereumNews.com. Ethereum (ETH) rival Fantom (FTM) has outpaced the broader crypto market and surged in price this week amid a new upgrade. FTM is trading around $0.801 at time of writing. The 55th-ranked crypto asset by […]
Hong Kong Tests China’s Digital Yuan (e-CNY) for Residents
The post Hong Kong Tests China’s Digital Yuan (e-CNY) for Residents appeared on BitcoinEthereumNews.com. Hong Kong pilots China’s digital yuan (e-CNY) for residents Residents have a 50,000 yuan annual limit China aims to expand e-CNY’s role in global transactions Hong Kong launched a pilot program allowing residents to use China’s CBDC, the e-CNY, for the […]
‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why
A trader known for making accurate crypto calls is suddenly turning bearish on memecoins. Pseudonymous analyst DonAlt tells his 550,400 followers on the social media platform X that memecoin projects could suddenly collapse. “I’m personally convinced it’s over for memes, rest of the market might get out of this ok but I’m expecting memes to […]
Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual […]
Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025
According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju’s analysis comes amid BTC’s current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first […]
Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen […]
Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally
VeChain (VET), a blockchain platform focused on supply chain management, is stirring excitement in the crypto’s fan base. After a period of consolidation, VET is experiencing a surge in investor confidence, buoyed by a recent price increase and positive technical indicators. However, analysts remain cautious, highlighting the inherent volatility of the crypto market and the […]
Shiba Inu’s price back to its March highs? Here are the steps…
After breaking out of a bullish pattern, SHIB’s price turned bearish. What does this mean?