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$TUSD The TrueUSD team is trying to return the stablecoin to the dollar January 18 stablecoin TrueUSD lost its peg to the US dollar as its value fell to $0.97 The TrueUSD stablecoin team has rolled out a new daily audit system in an attempt to restore parity with fiat currency. We talked about ways to make money on cryptocurrency that will be relevant this year. How did Depeg happen? #TradeNTell

$TUSD The TrueUSD team is trying to return the stablecoin to the dollar

January 18 stablecoin TrueUSD lost its peg to the US dollar as its value fell to $0.97

The TrueUSD stablecoin team has rolled out a new daily audit system in an attempt to restore parity with fiat currency.

We talked about ways to make money on cryptocurrency that will be relevant this year.

How did Depeg happen?

#TradeNTell

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$TUSD 1. Grayscale, a major cryptocurrency investment firm, held 620,000 Bitcoins two weeks ago. 2. The current holding has decreased to 515,000 Bitcoins, indicating a reduction in their Bitcoin holdings. 3. The decline in the number of Bitcoins held by Grayscale is occurring consistently on a daily basis. 4. The statement highlights a notable decrease in Grayscale's Bitcoin accumulation over a short period. 5. The reason for Grayscale's decision to reduce its Bitcoin holdings is not provided. 6. The mention of "high fees" suggests fees associated with Grayscale's investment products may be a factor. #TradeNTell
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$TUSD $TUSD $SHIB Shiba Inu Reach 0.001 In Bull Market in 2024 According to a Shiba Inu Coin forecast by CryptoTicker, the price of SHIB could rise to a value of $0.001 by the end of 2025. However, a rise by a factor of 10 to $0.0001 seems more realistic. The rise should be within this range if the bull market in 2024 and the Shiba Inu price follows the general price developments 12. I found a Top Exchange Sets Timelines For Shiba Inu (SHIB) to Reach $0.000050, $0.000228, $0.0068 article on timestabloid.com that predicts a price of $0.00001151for SHIB on January 28, 20 #TradeNTell
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$TUSD The new system will include detailed information on reserve funds held by its financial partners. Despite the deployment of the new system, the price of TUSD dropped to $0.97 on January 18. Another news is that TUSD is decoupled, and Brother Sun (the founder of TRON) is the main rescue force. He transferred about 60 million US dollars to Binance and purchased millions of TUSD, so it is speculated that TUSD is related to Brother Sun. Judging from the rumors on the Internet, Brother Sun is also nicknamed Sun Ge in the currency circle. For institutions, this is not a good signal, but will have a negati impact. #TradeNTell
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$TUSD Whoosh! TrueUSD (TUSD) took a wild ride, dropping to $0.984 on Jan 15, with traders selling $339M worth on Binance within 24 hours! Some X users think it's due to TUSD's exclusion from Binance's Manta launch pool initiative. But fear not, TUSD fans! The team upgraded their fiat reserve audit system, enlisting Moore Hong Kong for daily attestations. Michelle Chu from Moore Hong Kong says they'll work with The Network Firm to ensure TUSD users can monitor reserve stability. Despite the price dropping to $0.97 on Jan 18, it's now hovering around $0.99. So, will TUSD's efforts restore confidence and stability? Let's discuss in the comments! #DeFi #Web3 #Technology #TradeNTell
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$TUSD TrueUSD Nears $1 Amid Reported Redemption Issues TUSD fell as low as 97 cents as Binance data showed traders apparently sold more than $300 million. The stablecoin TrueUSD (TUSD) continued to drift away from its peg, trading as high as 96 cents early Thursday, before rallying back to 99 cents, with some firms saying their redemption requests had been denied. According to Binance trading data, traders sold $303.5 million in thousands against $129 million in purchases, resulting in a negative net flow of $174.5 million. A major cryptocurrency quant trading fi.... that spoke to CoinDesk on Background said its redemption requests were denied #TradeNTell
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