support

Binance to end support for USDC, two other stablecoins in favor of its own BUSD

Binance to end support for USDC, two other stablecoins in favor of its own BUSD

Binance is moving to prioritize its own stablecoin, BUSD, over several others on its cryptocurrency exchange. The company announced Monday a “BUSD Auto-Conversion” that will start on Sept. 29 to “enhance liquidity and capital-efficiency for users.”  Binance is introducing the conversion for users’ existing balances and new deposits of USDC, USDP and TUSD …

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Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development

“There’s no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on and is excited to work on,” Devin Walsh, a Uniswap community member who proposed the foundation alongside Kenneth Ng, told CoinDesk. “We want to ensure that there will be …

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Algorand traders can leverage this support level for short-term gains

Algorand traders can leverage this support level for short-term gains

Algorand [ALGO] bulls finally found recovering opportunities in the $0.28-zone. The altcoin rose from the ashes of its multi-monthly lows over the last two weeks. The 38.2% and the 61.8% resistance levels have constrained the buying rallies over the last few weeks. The buyers could now aim to break above the reversal pattern. At press …

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Ethereum Classic: After flipping a 14-month support, here's what to look out for in ETC

Ethereum Classic: After flipping a 14-month support, here’s what to look out for in ETC

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) has been on a swift withdrawal phase after reversing from its year-long trendline resistance near the $52-mark. After puncturing through some vital price ranges, the altcoin flipped its 14-month support to …

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Terra outlines stablecoin support measures as Luna slides below 10 cents

Terra outlines stablecoin support measures as Luna slides below 10 cents

Terraform Labs published extra measures on Thursday to help restore the TerraUSD (UST) peg with the US dollar and support Luna’s cratering price. Chief among them is proposal 1164, as Terraform Labs CEO Do Kwon highlighted yesterday. This is designed to increase the amount of UST that can be swapped for Luna by four times. …

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Twitter to test out Stripe's newly added support for USDC payments

Twitter to test out Stripe’s newly added support for USDC payments

Quick Take Stripe is adding support for payments in the USDC stablecoin on the Polygon blockchain. It will be available through Stripe Connect and Twitter will be the first company to test this service out. advertisement Financial services provider Stripe will support payments in the USDC stablecoin on the Polygon blockchain, according to an announcement …

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