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USDT temporarily restored parity with the US dollar tonight. Amid growing competition from other stablecoins launched on behalf of major players in the crypto industry, Tether continues to fight with massive buybacks of previously issued tokens.
Ripple has announced its expansion plan focused on the Middle East region. This was stated by the company's head of infrastructure innovation, Dilip Rao, at a conference in Dubai.
The bull run is becoming more real.
The altcoin market yesterday demonstrated a correlation with Bitcoin and depicted a false decline on the price charts followed by a sharp increase
Financia Business School in Paris recently added master classes on fintech and blockchain technology to its curriculum. Since 25% of students are foreigners who sometimes have problems paying tuition, the institution has added Bitcoin as a payment method.
Switzerland has issued new bonds that will help investors and blockchain startups mitigate the risks of cryptocurrency volatility. Swiss Crypto Tokens AG has issued a token backed by bonds pegged to the Swiss franc.
Accounts indirectly associated with controversial crypto platform World Exchange Services (WEX) have been frozen by Binance. 93,000 ETH coins were transferred to this exchange from two WEX cold wallets, and users are concerned that their funds may be lost forever.
After a slight increase in volatility, the market became quiet again. Today we expect the price to recover into the two-week sideways corridor.
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