Tether Loses Dollar Peg Amid Ongoing Stablecoin Crisis

Crypto’s first and largest dollar-pegged stablecoin lost its peg amid mounting redemption pressure.

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DecryptCo July 21, 2022

Michael Saylor Takes Shot at Elon Musk on Twitter Over Tesla’s $936M Bitcoin Sale

Shortly after EV manufacturer Tesla disclosed it had sold three quarters of its Bitcoin holdings, Microstrategy CEO Michael Saylor took to Twitter to publicly do the math. “If you sell 75% of your Bitcoin, you […]

DecryptCo November 28, 2022

‘Shrimp’ and ‘Crab’ Bitcoin Balances Hit Record Highs Amid FTX Collapse

So-called Bitcoin (BTC) shrimps, a category of addresses holding less than 1 BTC, have added 96,200 BTC to their collective stashes since FTX exchange’s collapse earlier this month. According to the analysts at Glassnode, this […]

DecryptCo May 7, 2022

The Bitcoin Bloodbath Will Get Worse. This Is Fine.

The current crypto market carnage will probably get worse—but don’t take your eyes off the big picture.