If I look at any stable coin, example Tether. If I take market cap and compare it with Bitcoin price. It appears if tether is behind most of the up movements. Especially year 2020.
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How can businesses absorb disruptive impact and begin to integrate these new business models in existing and new streams of business opportunity? NFTs have taken the world by storm. Rejuvenating the blockchain movement started by Bitcoin, followed by smart contract platform Ethereum, NFTs seem to be a natural progression in the explosion of asset tokenization, […] The post The rising NFT tide lifts all tokens: So what is an NFT? appeared first on Blockchain Pulse: IBM Blockchain Blog.
By Raj Jain, Head of Stablecoin USD Coin, the world’s leading fully-backed, regulated stablecoin, recently reached $2 billion in market cap. To celebrate this major milestone, we’re issuing a Request for Startups. Join us in creating an open financial system with greater access and inclusion for all. Just two months ago, in July, USD Coin (USDC) achieved its biggest milestone to-date, crossing $1 billion in total market cap. Occurring only 21 months after it was initially launched in late 2018, this represented a significant accomplishment, solidifying USDC as the leading fully-backed, regulated digital dollar. Now, only two short months later, USDC’s…
The latest official statement from China’s Commerce Ministry seeking to comprehensively deepen pilot tasks, highlight specific measures, and specify the division of responsibilities for the innovative development of service trade reveals that more cities in the second-largest economy will pilot the digital yuan. This is per the update on Aug 14 further indicates that the deployment ofRead MoreRead More. The post by Dalmas Ngetich appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News