Paxos launches Lift Dollar (USDL), a unique overnight yield generating stablecoin
The new Lift Dollar (USDL) stablecoin launched by Paxos offers daily yield from US government securities. The USDL stablecoin is issued on Ethereum. Currently the new stablecoin is accessible in…
What Is Ethena, ENA, and Its Synthetic Dollar USDe
What Is Ethena? Ethena is the project behind USDe, a synthetic dollar backed by assets including ETH, stETH, BTC, and USDT. USDe does not rely on traditional financial infrastructure, nor…
Bitget lists Ethena (ENA) Ethereum-based Synthetic Dollar Protocol on Launchpool
Victoria, Seychelles, April 1st, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of Ethena (ENA) token, the governance token for Ethena, which is…
Revolutionary blockchain competition platform, Metawin, counts down to massive $1 million dollar prize draw
London, UK, December 15th, 2023, Chainwire The countdown has begun as MetaWin, the pioneering blockchain competition platform, approaches the climax of its extraordinary MetaWin Millionaire event. With just 7 days…
Ethereum remains under pressure as the dollar strengthens
The US dollar strengthened following the FOMC September meeting The Fed sees the funds rate higher for longer Ethereum should hold above $1,400 for the bullish bias to persist This…
Binance US revives US dollar on-ramp after MoonPay partnership
Binance.US lost its banking partners after the SEC filed a lawsuit against Binance and its affiliates. It had announced it was switching to a crypto-only exchange after failing to get…
2 technical reasons to buy Bitcoin (or sell the US dollar)
RSI stays above 50 in 2023 The weekly chart points out an ascending triangle pattern $45k is the next target, providing the Bitcoin price holds above $25k Bitcoin bulls must…
Top 3 cryptocurrencies that outperformed the US dollar in 2023
Ripple delivered triple-digit returns so far in the trading year Bitcoin consolidates around the $30k level Ethereum is up more than 50% YTD During the summer months, trading slows as…
US default will see Bitcoin become a more trusted safe haven asset than the dollar, survey says
Retail investors would prefer Bitcoin over the dollar in case of a default, a new survey says. A US default could be here as early as June 1, experts have…
National Australia Bank creates stablecoin backed by Australian dollar
The Australian stablecoin will be called AUDN. It will be backed one-for-one by the Australian dollar. Users will be able to settle transactions using blockchain technology using the stablecoin. Despite…