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Tether CTO Responds as USDT Trades Below $1,00
After Tether USDT deviated from its peg to trade at $0.9558, Tether CTO assured the USDT investors that it had sufficient reserves for the coin and that there was no need to panic.
Gate.io Researcher: Mashell C.
2023-07-03
Top 5 Price Prediction Weekly Forecast
In what many hoped would have been a redeeming arc towards the end of 2022, the top ten assets seemingly fell short of these expectations, instead bottoming beneath their 7-day SMAs(in the case of generic cryptocurrencies)or experiencing immense volatility despite their peg.
Gate.io Researcher:Matthew Webster-Dowsing
2023-01-09
Daily Flash | MakerDAO CEO Proposes Timeline To Lose Dollar Peg, MicroStrategy Founder Gets Sued For Income Tax Evasion, Reddit Cofounder Launches $177M Crypto Fund
Daily Crypto Industry Insights and TA Outlook | Buzzes of Yesterday - The Futurists and Centralists of MakerDAO Continue to Discuss a Free Float DAI, Michael Saylor is Being Sued in DC, Reddit Cofounder VC Firm 776 Launches Crypto Fund, 1inch to Airdrop 300k OP Tokens
Gate.io Researcher: Peter L.
2022-09-02
Daily Flash | The Fed Establishes Different Tiers of Scrutiny for Crypto Banks, Acala aUSD Peg Back to $1, Tornado Cash Ban And Dev Arrest Spark Deeper Concerns
Daily Crypto Industry Insights at a Glance | Buzzes of Today - The Federal Reserves Releases Final Guidelines That Could Open Up a Path For Banks, Shark Tank Star Kevin O’Leary Says Sacrificing Tornado Cash Is Worth It, Starkware Launches Recursive Proofs To Boost L2 Scaling, And Acala Successfully Stop aUSD Depegging
Gate.io Researcher: Peter L.
2022-08-16
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Understanding the key difference between stable coins and Elastic/Rebased token
Stablecoins have traditional collateral backing in reserves while rebased tokens are algorithmically burnt or minted to maintain their peg.
Gate.io Researcher: M. Olatunji
2022-07-01
Market Trend 9/5 - 15/5 |Stablecoins lose peg, LUNA crashes, Bitcoin drops under 30k
This previous week, however, the market shakeup was surprisingly all about stablecoins.
Gate.io Researcher:Victor Bastos
2022-05-16