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UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest…
The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish.
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio.
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry.
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.
The NUG finance minister said Tether use would enhance trade speed and payment efficiency.