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Basis (BASIS)
BASIS
1 Basis (BASIS) Rank 7992
$0.002039
Buy / Sell
Basis (BASIS) Rank 7992
Website
Twitter
0 BASIS
Buy / Sell
Get Wallet
Basis (BASIS) Price $0.00
$0.00
Basis (BASIS) 24h Vol
$11
$11
Basis (BASIS) Market Cap $0
$0
Basis (BASIS) Circulating 0
0
Full Name
Basis (BASIS)
Symbol
BASIS
Algorithm
ETH Token
BTC Price
10,000.00 BTC
BTC Market
0 BTC
BTC 24h Vol
53,948,014 BTC
Total Coins Mined
0 BASIS
1h
0 %
24h
-11.13 %
7d
-4.93 %
Twitter
Website
Description
Basis is a stable coin pegged to arbitrary assets or goods remaining fully decentralised and always pegged to 1 USD. Furthermore, Basis has the option to be updated to peg to a Consumer Price Index (CPI) or a basket of goods. The Basis stability system uses common investment incentives and instruments, similar to traditional bonds and equity shares, this means the market participants help the coin maintain exchange rate stability. As an example, if the value of Basis token falls, the system creates new bonds worth one Basis token each. The bonds are then sold by the system for Basis tokens, reducing the token supply and driving the token price back up to the targeted value.
The Basis project reported in April $133million of funds raised from 225 investors (e.g. Andreessen Horowitz, Bain Capital Ventures, Pantera Capital, Polychain, and Digital Currency Group) and also attracted distinguished advisors such as Stanley Druckenmiller and economist John Taylor.
| Full Name | Basis (BASIS) |
|---|---|
| Start Date | N/A |
| Algorithm | ETH Token |
| Proof Type | N/A |
| Website | www.basis.io/ |
| @basisprotocol | |
| N/A | |
| N/A | |
| Block Number | N/A |
| Block Time | N/A |
| Block Reward | N/A |
| Total Coins Mined | N/A |
| Previous Total Coins Mined | N/A |
| Net Hashes Per Second | N/A |
Basis (BASIS) News
Bitcoin trades 10.7% above $57.6K cost basis, MVRV Z-Score signals market cooldown
🔔 Bitcoin stays 10.7% above the $57,600 cost basis despite a sharp valuation cooldown. ⚡ MVRV Z-Score drops to 0.41, well below its historical average, signaling a cooling market. 📉 A fall below the $57,600 cost basis could raise new risks in $BTC. 🕰️ MVRV Z-Score last reached 2.5 in mid-2025 when Bitcoin traded above $100,000. Continue Reading:Bitcoin trades 10.7% above $57.6K cost basis, MVRV Z-Score signals market cooldown The post Bitcoin trades 10.7% ab...
08-12-2026 18:25
CryptoQuant says Bitcoin short-term holder cost basis drops below long-term
🚨 Bitcoin short-term holder cost basis just dropped below long-term holders’ cost. 📉 This onchain crossover often signals the late stages of a $BTC bear market. 📊 The short-term holder cost basis fell from $112,500 to $69,000 during the downturn. 🕰️ Traders remain cautious while watching for clear signs of a market bottom. Continue Reading:CryptoQuant says Bitcoin short-term holder cost basis drops below long-term The post CryptoQuant says Bitcoin short-ter...
07-18-2026 18:41
Economists Predict Federal Reserve Will Reduce Interest Rates by 25 Basis Points in September
Economists predict the Fed will cut rates by 25 basis points in September. Wall Street banks expect a larger rate cut, increasing market uncertainty. Continue Reading:Economists Predict Federal Reserve Will Reduce Interest Rates by 25 Basis Points in September The post Economists Predict Federal Reserve Will Reduce Interest Rates by 25 Basis Points in September appeared first on COINTURK NEWS.
08-09-2024 14:43
