World Liberty USD1 Stablecoin Market Cap Drops 0M

World Liberty Financial’s USD1 stablecoin has shed over $400 million in market capitalization over the past two weeks, driven by large redemptions on Ethereum and BNB Chain. On Monday, CoinGecko data showed USD1’s market capitalization at about $4.02 billion, down from $4.43 billion on Oct. 6. That’s a decline of approximately $401 million, or 9.1%. World Liberty Financial’s proof-of-reserves dashboard separately showed approximately $4.01 billion in reserves.The decline extends a period of concentrated redemptions on Ethereum…

United States

View More

Politics

View More

Business

View More
Bitcoin, Ether ETFs Shed 9M, October ETH Outflows Near B

US spot Bitcoin and Ether exchange-traded funds (ETFs) saw $549 million in net outflows last week as investors continued pulling money from two of the largest crypto funds.Bitcoin ETFs recorded around $229 million in weekly net outflows, while Ether funds posted even higher withdrawals at $320 million, according to SoSoValue…

Lifestyle

View More
Dear Abby: Do I have to spend the holidays with my family?

DEAR ABBY: I’m a single male who’s happy with his life, with plenty of friends and family. My issue is what I endure during the holidays. Every year, I’m invited over to Thanksgiving and Christmas, and I look forward to seeing family that I only see once or twice a…