USD coin (USDC) is an Ethereum-based stablecoin – a type of digital asset whose value is pegged 1:1 with the U.S. dollar. That means holders can redeem 1 USD coin for $1 at any time. Every USDC is backed by one dollar or an asset with an equivalent value, held in accounts with U.S. regulated financial institutions.USDC priceLaunched in late 2018, USDC is designed to maintain a … [Read more...] about USD Coin
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Here’s how altcoin futures volumes and the USD lending rate signal market crashes
Every once in a while, a new indicator pops out that can be used to detect price tops and bottoms in the market. This assertion is even more evident in cryptocurrencies because the data comes from exchanges and on-chain data extracted from the blockchain.These indicators are constantly monitored and commented on by analysts and traders. Some of the lesser-known metrics use data … [Read more...] about Here’s how altcoin futures volumes and the USD lending rate signal market crashes