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Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21.Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT…

Bitcoin bull cycle outpaces historical patterns by 100 days: Report
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.

Stablecoin market cap increases by $100M every single day
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter. The rise of DeFi protocols and the demand for tokens in liquidity pools may be contributing to a huge surge in the supply of stablecoins.According to an Sept. 3 tweet from Coin Metrics co-founder Nic…

New York bill proposes legalizing Bitcoin, crypto for state payments
The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions. 613 Total views 3 Total shares A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset

Coinbase, Celsius and Paxos disclose funds in Signature Bank
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. 171 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto…

MoonPay acquires Helio in $175M deal to expand crypto payment services
MoonPay has acquired Solana-based payment processor Helio for $175 million to enhance crypto payment services.

Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy
As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…

China Telecom: Blockchain Has Significant Use-Cases for 5G
In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Jiang Wei, the chairman of China Telecom Blockchain and Digital Economy Joint Laboratory, explained in an interview published on Chinese news portal, Cebnet, that blockchain technology has significant use cases that could improve the 5G mobile…