22 November 2024

Howe Street Reporter Title

Tag: iFinex

  • The Cryptocurrency Guide to the Perplexed:  USD Coin (USDC)

    The Cryptocurrency Guide to the Perplexed: USD Coin (USDC)

    USD Coin (USDC) is a digital stablecoin pegged to the United States dollar and runs on Ethereum, Stellar, Algorand, Solana, Tron and the Hedera Hashgraph system. It’s managed by a group called Centre, which was founded by the company and includes members from Coinbase (COIN.Q) and the Bitcoin mining giant, Bitmain, as investors. For the…

  • The Cryptocurrency Guide for the Perplexed:  Tether (USDT)

    The Cryptocurrency Guide for the Perplexed: Tether (USDT)

    Today we’re talking about Tether (or USDT, they’re used interchangeably). They’re presently the fifth largest cryptocurrency by market cap and the first among stablecoins by dint of being the oldest, but not necessarily the best. We will probably never see another stablecoin rise to take its place, and if we do it’ll be dirtier than…

  • The Bitcoin Bubble: Is Tether too big to fail?

    The Bitcoin Bubble: Is Tether too big to fail?

    Bitcoin’s zoomed to a new all-time high of $28,601.89 over the Christmas season, likely fattening the wallets of hodlers while causing a nasty case of regret in everyone who didn’t get in when it was $2,000 about a year and a half ago. But there was some uneasy rumblings throughout the cryptosphere about what it…