Chain News by Thebittimes.Com

S&P Global reports that Tether (USDT) is currently the top stablecoin in the market due to its stability . On the other hand, other stablecoins, such as MakerDAO’s DAI, are at a higher risk of depegging. As a result, some investors are turning to altcoins, and one that is gaining attention is Kangamoon (KANG), particularly for its approach in the meme-coin sector. Summary USDT is the most stable of all stablecoins DAI is prone to depegging Kangamoon drawing investor attention Tether outlook USDT is the most liquid stablecoin by market cap.  An analysis by Dr. Cristina Polizu, Anoop Garg, and Miguel de la Mata reveals that USDT only depegged once to $0.95.  You might also like: FTT price jumps 8% as Binance announces FTT/USDT trading pair Nonetheless, the stablecoin has consistently stayed within the $0.99 to $1 range, indicating high stability.  USDT has a market cap of over $83 billion with average daily trading volume of over $8.4 billion. Lo...

25 of Markets Pro’s 45 strategies are beating buy-and-hold strategies, one of which has returned over 21,000% since 2021. Since Cointelegraph Markets Pro launched — bringing professional crypto market intelligence to every investor — the platform has helped thousands of subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief, we want to draw attention to some highlights since the platform’s launch, including a critical look at a variety of backtested strategies that the Markets Pro team tracks. Cointelegraph Markets Pro consists of two unique research Features — VORTECS Score and NewsQuakes — in addition to a wide variety of market performance metrics and access to a vibrant community of crypto enthusiasts on Discord. VORTECS Score The VORTECS Score is derived from an algorithm that examines multiple variables, including sentiment, tweet volume, price volatility and Trading volume, and it compares those with...