Day: 13 March 2023

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

Admin

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. Following the Fed announcement, Circle CEO Jeremy Allaire said on Twitter that the company would rely on BNY Mellon to settle the process of minting and redemption. Signature Bank Closure Forces Circle to Rely on…

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Which Crypto May See A Meteoric Rise In 2023? TRON (TRX), Gala (GALA), or Orbeon Protocol (ORBN)

coinmaker

Investors are becoming more bullish on the crypto market after a terrific start in 2023. With coins such as TRON (TRX) and Gala (GALA) slowly gaining lost ground again, many individuals are looking at them for possible profits down the road.  However, analysts have also taken notice of a presale star currently in stage 9, Orbeon Protocol (ORBN), which has seen a 1988% price appreciation so far as the price stands at $0.0835. In this article, we will look at all these cryptos and see which one has the necessary…

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