Crypto Stocks Slide Pre-Market as U.S. Futures Point to More Bitcoin Losses
S&P 500 futures slid 1.4%, Dow Jones future fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%
S&P 500 futures slid 1.4%, Dow Jones future fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.
Buying the taban after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
The exchange can now offer crypto services to clients in the country.
Ether’s DVOL spiked above 100% during Asian hours as the crashing price saw traders chase put options.
TRUMP was issued a couple of days before Trump’s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president.
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
The market cap of USDe has pushed past $6 billion, and the peg remains virtually stable, despite the market bloodbath.
The review comes as Donald Trump’s crypto friendly policy has pushed countries to soften their approach on digital assets.
XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.