Page 90 - Ether News Today

Tether investors pulled $10 billion worth of the stablecoin in exchange for US dollars after the token broke its 1-to-1 peg in a crypto bloodbath.

The issuer of stablecoin tether now holds over a quarter of a billion dollars in non-US debt as part of its reserves, and it has boosted its Treasury holdings.

And donald trump backed 27 candidates, 23 won, and one is still in the ether, and we will find out if oz or mccormick will prevail, as i said, 23 of the 27, some ran unopposed, some were in safe republican districts. two big losses that stand out for him, madison cawthorn in north carolina and janice mcgeachin. cawthorn lost by a small amount, the other thunked by a governor there, and she tried to usurp the governor on a couple of times. >> martha: former president trump had a choice, he could ...

Tether has regained its US dollar peg. But experts say losing it earlier could be a wakeup call for the largest stablecoin by market capitalization.

This meant so much more than music or eurovision kitsch. it was a continent rallying behind a country in darkness, defending its european identity. we won here in eurovision. and now the feeling is like, yes, and we — and now the feeling is like, yes, and we will— and now the feeling is like, yes, and we will win also in the war with russia _ and we will win also in the war with russia and — and we will win also in the war with russia and all europe is with us, and it— russia and all eur...

Bitcoin showed signs of stabilizing above $30,000 on Friday, but experts say this week's crash felt different than past meltdowns.

Stablecoin TerraUSD has been hit by the turmoil and broke its peg to the US dollar, which led to it falling as low as 31 cents on Wednesday.

Over $200 billion were wiped off from the global cryptocurrency market in around 24 hours after TerraUSD stablecoin collapsed.

Swiss asset manager GAM has denied claims it has entered negotiations with Terraform Labs in order to support the Luna stablecoin.

Bitcoin rose to above $30,000 Friday as cryptos recovered from their rout, but the token is set to lock in its seventh weekly loss.