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Crypto Update | Developments Amid Turbulence: Offshore Derivatives, Mining Taxes, and Market Reactions to Jobs Data

Markets Outlook

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The True USD Stablecoin Hit High of a Dollar and 20 Cents on Binance

True USD stablecoin hit high of a dollar and 20 cents on Binance after what appeared to be organic borrowing activity from DeFi users. Digital Currency Group announced yesterday that it had fully repaid a USD$350 million senior secured term loan during the first quarter. And finally Crypto Congolomord and CoinDesk parent company Digital Currency Group or DCG announced their chief financial officer has stepped down.

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