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اردو
Tether under strain as Bitcoin holds $27,000
Abstract：To bolster stablecoins, Tether claims to have struck a deal with a third party to swap $1 billion.
Click Here: After you read it, Daily Routine with WikiFx
The price of bitcoin fell again on Thursday, with smaller cryptocurrencies losing much more, as the market reacted to the collapse of stablecoin UST.
BTCUSD, -2.31 percent the world's most valuable cryptocurrency, fell 5% to $26,780. The coin has lost 24% this week and over 50% since its peak in November.
Wednesday's statistics showed a larger-than-expected spike in US inflation, leading to another down day for Wall Street stocks. US equities futures ES00, -0.34% NQ00, -0.68% fell before Thursday's open.
An algorithmic stablecoin called TerraUSD, or UST, was designed to maintain a one-to-one peg with US dollars. In the past week, UST has fallen below 30 cents on Binance.
Algorithms back UST with another crypto — Luna. When UST trades below $1, holders have an incentive to burn it and mint Luna LUNAUSD, -89.32 percent, which has also plummeted. Luna was trading at 23 cents, down 96% in 24 hours.
Tether USTUSD, -7.25 percent, commonly known as USDT, was trading below the buck at as low as 95 cents. According to a Tether spokeswoman, the UST situation “means nothing for the centralized stablecoin market.” They are two distinct assets.
A $1 billion transaction with a third party is planned for early Thursday, Tether stated.
“Tether is losing its Peg. Bianco Research CEO Jim Bianco tweeted: ”It hurts all Crypto.“ ”Crypto confidence is gone, and the risk of spread is great. Everyone flees if there is a slight wo Coinbase doesn't help! In today's trading, it's down 26% and contemplating You lose your coins if it happens.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Further Reading
Pepperstone Review 2026: Massive Deposit & Withdrawal Complaints Against This Regulated Broker
Have you experienced issues with Pepperstone deposit & withdrawal processing? From your experience, do you feel that the Australia-based forex broker causes losses to its clients? Did the brokerage entity freeze your account and give you a margin call? All these trading allegations have been rampant on broker review platforms such as WikiFX. This Pepperstone review article takes a close look at the user complaints, especially in 2026. Additionally, we have given an overview of the regulatory framework under which the brokerage entity operates.
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Wundersys vs tradgrip: Two Offshore Newcomers Go Head to Head — and Neither Brings Home a Trophy
Some broker comparisons end with a confident "go with this one." This is not one of them — and that honesty is exactly what makes it worth reading. Wundersys and tradgrip are two young, offshore-registered brokers that keep popping up in front of beginner traders, often through aggressive online marketing. Both promise the usual buffet: tight spreads, generous leverage, multiple account tiers. And both, according to WikiFX, sit near the very bottom of the safety scale. So instead of crowning a champion, this comparison is really about something more useful: learning to read the warning signs, understanding the small differences that still matter, and knowing why "the better of two risky options" is still a conversation about risk.
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The 6 Lowest-Commission Forex Brokers South Asian Traders Are Flocking To in 2026
If you trade forex from India, Pakistan, Bangladesh, Sri Lanka, or Nepal, you already know the quiet truth that eats into every trader's results: it is not just the market that decides whether you profit — it is the cost of getting in and out of each trade. Shave a couple of dollars off your commission on every lot, multiply it across hundreds of trades a year, and you are looking at the difference between a strategy that works and one that bleeds out slowly. South Asian traders are some of the most cost-conscious in the world, and rightly so. So we pulled the data on the brokers most often recommended for the region, cross-checked every name on WikiFX, and ranked them by the one number that matters most here: what they actually charge you to trade. Before the list, one quick lesson that will make this whole ranking click.
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