Skip to main content

Author: CryptoPress

tether

Tether Announces Reduction In Commercial Paper Reserves

Written on .

Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves. In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021. As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...

Altcoins, Cryptocurrencies, Front page, News

Continue reading

crypto bear markets

How Crypto Bear Markets Function

Written on .

If you’re new to the world of cryptocurrency, bear markets can be a scary thing. Bear markets are traditionally thought of as a time when an asset trades below its prior high by 20% or more, usually accompanied by a lot of pessimism about the near-term future. People often think of bear markets as being an indication that the asset is doomed to fail, but this isn’t always the case. In fact, it’s possible for assets to...

Bitcoin, Cryptocurrencies, Featured, Guides

Continue reading

floki inu

NASDAQ Features Floki as One of the Best Metaverse Projects for 2022

Written on .

May 17th, 2022 Floki shocked the crypto world in 2021 with an aggressive, global marketing campaign that spanned continents and featured partnerships with major football clubs and Formula 1’s Alfa Romeo team. In under six months, Floki emerged from a rocky origin to become a top 70 crypto project by market cap at $3.5b, before correcting with the global downturn in equities and crypto. The Floki Team and Vikings accomplished this...

Cryptocurrencies, GameFi, News, Press release

Continue reading

luna fork - terra classic

Forking LUNA to Create Terra Classic: Terra Ecosystem Revival Plan 2

Written on .

Under a plan proposed by Do Kwon, the current chain would be renamed Terra Classic. The new chain would ditch the UST stablecoin. The current chain would be renamed Terra Classic, and the new chain would ditch the UST stablecoin. Under a plan proposed by Do Kwon, the current chain would be renamed Terra Classic. The new chain would ditch the UST stablecoin. Do Kwon, CEO of Luna/Terra, said that this was necessary to ensure that both...

Cryptocurrencies, Front page, Main, News

Continue reading

ust terra luna

Terra Announce Emergency Measures To Save Luna and UST

Written on .

Terra is taking emergency measures to save its ecosystem. The company announced today that it will be burning the equivalent of 1.4 billion USTs, and increasing Luna’s mintage rate by over 300%. [ccpw id=”12733″] [ccpw id=”12732″] The move comes as a response to the precipitous decline in LUNA’s price, which has fallen almost 100% since last week. Terra’s stock price has plummeted as well, but...

Cryptocurrencies, Front page, News

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.