"The launch of Tether CNH₮ on TRON represents the company's dedication to pioneering stablecoin technology and bringing the largest and most liquid stablecoins to global markets everywhere," Tether said.
Bankman-Fried's recent statements denying his involvement in the operations of Alameda Research do not align with what the trading firm's private equity portfolio shows.
TFL itself was behind the weakening of the decentralized stablecoin's curve pool when it sold more than $450 million in UST in the weeks leading to the controversial implosion, said a crypto researcher.
Stablecoins are among the few crypto assets that have found product market fit despite the overall crypto market condition, data shows.
If the crypto asset crosses above this resistance, investors can expect an eventual breakout from the channel but if not, the price could slump to the support line again.
Unlike its rival Dogecoin, which has made decent gains, thanks to Elon Musk, the Shiba Inu price moved with the overall sentiment of the global crypto market
"I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it."
Bitcoin traded at $17,000 levels on Sunday showing an almost 2% increase as investors hoped for a friendlier interest rate hike decision from the U.S. Central Bank.
But while DOGE holders are overjoyed with the meme coin's performance, analysts fear it might be bad news for the entire crypto industry.
The majority of the Terra Classic community, however, were not happy with the court's decision since until now, authorities haven't made any single arrest yet related to the collapse of the TerraUSD and LUNA in May.
"Apple's claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee," Coinbase said.
The crypto executive's whereabouts are still unknown and despite being on Interpol's red notice list.
Launched in July last year, BONE has come a long way and even reached its all-time high on Oct. 8 when it traded at $3.02.
Some Federal Reserve officials in the minutes of the meeting were quoted saying, that "slowing the pace of increase could reduce the risk of instability in the financial system."
In a tweet prior to the bankruptcy filing, Bankman-Fried clarified that "FTX US, the US-based exchange that accepts Americans, was not financially impacted by this shitshow. It's 100% liquid. Every user could fully withdraw."
Starting next year, users will not be able to purchase, sell, receive, or send these delisted crypto assets using the Coinbase wallet app.
During the Tuesday hearing, U.S. Bankruptcy Judge Michael Kaplan authorized BlockFi to continue paying its employees and maintain its bank accounts.
Musk and his recent acquisition of the social media platform Twitter have been credited for the impressive performance of the meme coin over the past weeks.
There is a misconception among investors each time tokens are sent to centralized exchanges. Most of them think that the holders have sold them or are on a dumping spree.
These kinds of retail investors seemed undeterred by the ongoing crypto market crisis.
The crypto lender said it will use the bankruptcy proceedings to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities."
Is Binance hinting at listing BONE on its exchange? The Shib army hopes so.
Despite this impressive performance in the current bear market, DOGE's price is 84.5% of its all-time high price of $0.682 on May 8, 2021.
"[W]hen we boil it down to market fundamentals, we can see that cryptocurrency has survived worse than the fall of FTX. There's no reason to think the industry can't bounce back from this, stronger than ever," the research lead said.
A few officials suggested that "slowing the pace of increase could reduce the risk of instability in the financial system."
BITPoint is the first licensed cryptocurrency exchange in Japan to list Shiba Inu.
Now, the tables have turned.
A recent study revealed that institutional investors are bullish and while others are dumping their crypto assets, these investors are buying cryptocurrencies like kids in candyland.
Earlier this week, Bitcoin entered the $15,000 territory and hit a two-year low price.
Musk hinted at the possibility of Twitter offering "good video with higher compensation for creators...and written content."