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According to reports, Michael Sonnenshein, CEO of Grayscale Asset Management, stated at the 2023 consensus meeting at CoinDesk that Grayscale expects to learn by the end of the thi

According to the report, according to the data of Coingecko, the short-term premium of the US dollar stable currency Tether (USDT) has risen to US $1.02, and the current market value has also risen to US $74.227 billion, a new high since May 2022. USDT has a short-term premium, which has now risen to $1.02 Analysis based on this information:The Coingecko report depicts a bullish trend as they observe a surge in the short-term premium value of the US Dollar-backed stable coin, Tether (USDT). The price of Tether has reached a new benchmark of $1.02, raising market capitalization to $74.227 billion. The growth of Tether’s market value has come after a gap of almost two months, indicating an increase in demand, reflecting stability in the overall cryptocurrency market. Tether is a controversial cryptocurrency that has always aroused suspicion concerning its auditability and whether it has sufficient US Dollar reserve to back its circulating supply fully. Despite its controversies, Tether has…

According to the report, according to the data of Coingecko, the short-term premium of USDC after recovering the anchor price of US $1 has risen to US $1.01, up 5.6% in the past 24 hours, and the current market value has also risen to US $41.12 billion. USDC has a premium, which has now risen to $1.01 Analysis based on this information:The Coingecko report reveals that the short-term premium of USD Coin (USDC) has seen a significant recovery after anchoring back to its original price of $1. As per the data, the USDC short-term premium has jumped to $1.01, indicating a 5.6% rise in the last 24 hours. Additionally, the report suggests that the market value of USDC has also escalated and reached $41.12 billion. The recent recovery in the short-term premium of USDC is a positive indication that the cryptocurrency market is heading towards stability. USDC is a stablecoin whose value is pegged to the US dollar. It is…

On March 13, CoinGecko data showed that the US dollar stable currency BUSD issued by Paxos had a short-term premium, once rising to the peak of US $1.03, and now it has dropped slightly to US $1.01, with a 24-hour increase of 1.5%, and the market value has risen to US $8.44 billion. BUSD’s short-term premium rose to $1.03 Analysis based on this information:The cryptocurrency market has undergone significant fluctuations in recent times due to the global economic crisis caused by the COVID-19 pandemic. As investors look for safe havens in uncertain markets, stablecoins have emerged as a viable option. Stablecoins are digital currencies whose value is pegged to traditional currencies, such as the US dollar, Euro or Japanese Yen, with the aim of reducing price volatility. One such stablecoin is the US dollar-backed BUSD, issued by the blockchain-based firm Paxos. According to CoinGecko data on March 13, BUSD experienced a short-term premium, rising to $1.03, with a 24-hour increase…

On February 19, it was reported that the auction of the first phase (Phase1) of Arbitrum Ecological Domain Name Service ARB ID was over, and the second phase (…