![]() ![]() T was even able to eclipse the early August highs around $0.04850 before reaching highs in the $0.64 area, though the cryptocurrency has since fallen back to the mid-$0.048s. T’s latest surge takes its monthly gains to around 200%, during which time the cryptocurrency has broken to the north of a key downtrend that had been in play since last April, as well as a key resistance area around $0.025-27, where the 200-Day Moving Average and some lows from late-October reside. ![]() With the launch so close, is it time to tell them abt yet? Threshold will also soon be launching a stablecoin, called thUSD, which is a tBTC-backed stablecoin pegged 1:1 with the US dollar. It’s time to put your #Bitcoin back to work in #DeFiīut sitting on your Bitcoin indefinitely is not. Threshold hopes that its tBTC token can put Bitcoin back to work across Ethereum’s fast-growing Decentralized Finance (DeFi) ecosystem.ġ. tBTC v2 is a fully open-source, non-custodial, transparent and decentralized Bitcoin-to- Ethereum bridge that Threshold Network says is a more secure alternative to existing wrapped Bitcoin solutions. Hype ahead of the launch of a second version of one of the Threshold Network’s flagship decentralized applications (dApps), tBTC v2, has also been driving the recent rally. News that T will be listed on Coinbase as of the 25 th of January was the likely trigger for the surge, with T/USD last changing hands just under $0.05, having started out the week under $0.024. ![]() T token, the utility token of the Threshold Network and governance token of the Threshold Decentralized Autonomous Organisation ( DAO), has surged a staggering 106% this week. Join Our Telegram channel to stay up to date on breaking news coverage ![]()
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