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First Digital USD soars on Binance as overall stablecoin market sinks to two-year low
The total market cap of stablecoins has been on a continuous decline for 17 months, now standing at $124 billion, its lowest level since August 2021, according to CCData. The data aggregator highlighted a broader impact of the decline in stablecoin’s monthly trading volume. дальше »
2023-8-17 20:50 | |
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US Markets Slump After Fed & JPMorgan Said Recession Was Not Expected
US stock markets and cryptocurrencies have slumped since JP Morgan and the Federal Reserve dismissed the possibility of a recession. The S&P 500 lost $850 billion in market capitalization in two weeks. дальше »
2023-8-16 09:26 | |
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Morgan Creek Founder Predicts Bitcoin to Surpass $100,000 Within A Year If This Happens
Mark Yusko, the CEO and Founder of $2 billion investment firm Morgan Creek Capital Management, has boldly predicted that the price of Bitcoin could hit six figures within a year. дальше »2023-8-16 23:34 | |
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Despite SEC’s Legal Onslaught, These Altcoins Have Witnessed Resurgence in Trading Volume
In recent months, 19 cryptocurrencies, notably deemed unregistered securities by the Securities and Exchange Commission (SEC), experienced a dramatic dip in their combined market value, shedding roughly $20 billion. дальше »
2023-8-16 22:00 | |
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Crypto scammers drained $3b from Australians in 2022
The official report reveals that the hackers stole $3 billion from Australians in 2022 and over $38 million in June 2023 alone. According to an Australian Financial Crimes Exchange (AFCX) report, illicit actors and scammers funneled millions in stolen funds… дальше »
2023-8-15 08:34 | |
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Shiba Inu resumes price uptrend as Shibarium launch becomes imminent
SHIB burn surpasses 1 billion as Shibarium beta nears. SHIB resumes an uptrend after a 4% decline. In the past week, the Shiba Inu community observed more than a billion token burns, coincidThe post Shiba Inu resumes price uptrend as Shibarium launch becomes imminent appeared first on AMBCrypto. дальше »
2023-8-15 07:30 | |
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Michael Burry’s Massive $1.6 Billion Short: Is A $DXY Collapse The Catalyst For A Crypto Bloodbath?
Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market, which could impact the nascent crypto industry if his bet is to materialize. дальше »
2023-8-15 22:25 | |
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XRP Volume Jolt: How Did The $3 Billion Surge Impact Price Action?
XRP has recently witnessed a remarkable surge in trading volume, with an impressive increase of $3 billion reported by Messari. This surge reflects the cryptocurrency’s enduring appeal, adaptability to market trends, and potential to disrupt traditional finance. дальше »
2023-8-14 17:00 | |
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Op-ed: Is Tether’s profitability a risky bet on treasury profits?
Tether, the issuer of the world’s largest stablecoin, USDT, is breaking all records in 2023. In its Q1 assurance report, Tether gained an all-time high reserve surplus of $2. 44 billion, and a net profit of $1. дальше »
2023-8-13 17:00 | |
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MakerDAO DAI Stablecoin Supply Rises by Nearly $1B in Seven Days
Available data shows that MakerDAO's DAI supply has increased by approximately $1 billion over the past week. The post MakerDAO DAI Stablecoin Supply Rises by Nearly $1B in Seven Days appeared first on BeInCrypto. дальше »
2023-8-13 15:14 | |
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Top 6 Bitcoin Whales Hold Over $10,000,000,000 – Here’s What We Know About Them
In a recent revelation, six of the largest unidentified whales in the cryptocurrency space have been found to hold over $10 billion in Bitcoin ($BTC). This accounts for approximately 2% of the current circulating supply of Bitcoin, a staggering figure that has caught the attention of many in the industry. дальше »
2023-8-12 10:00 | |
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Circle Relying on $1B Cash Reserves Amid Shrinking Supply and Heated Competition
Circle is using its $1 billion cash reserves to counter a decline in USDC supply and compete with new entrants in the stablecoin market. The firm attributes the decline to Binance's withdrawal and a crisis of confidence following exposure to the bankrupt Silicon Valley Bank. дальше »
2023-8-11 08:20 | |
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Circle Strategic Defense: $1 Billion War Chest Shields Against Shrinking Market Share
According to a Bloomberg report, Circle, a prominent player in the stablecoin market, strategically leverages its substantial cash reserves of over $1 billion to weather fresh competition from non-crypto giants like PayPal. дальше »
2023-8-11 07:00 | |
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‘Bitcoin Isn’t Going Away’, Says $385 Billion Wall Street Giant Carlyle Group
In a recent conversation with Bloomberg, David Rubenstein, co-founder and co-CEO of the Carlyle Group, a private equity behemoth with assets under management exceeding $385 billion, weighed in on the future of Bitcoin (BTC). дальше »
2023-8-9 16:00 | |
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Bitcoin: Open Interest crosses $10 billion as price reaches $30k
Bitcoin's Open Interest reached $10.5 billion at press time. Short positions recently faced massive liquidations as long positions dominated Open Interest. The conviction in Bitcoin's [BTC] The post Bitcoin: Open Interest crosses $10 billion as price reaches $30k appeared first on AMBCrypto. дальше »
2023-8-9 15:30 | |
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Crypto exchange volume slipped to $446 billion plunged again in July
Cryptocurrency exchanges (CEX) volume plunged hard in July as the new crypto winter continued. Data compiled by The Block shows that the volume of coins and tokens traded in the biggest exchanges dropped to $446 billion. дальше »
2023-8-9 10:31 | |
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Record-Breaking $10 Billion Open Interest Fuels Bullish Speculation For Bitcoin Reversal
The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week. However, according to market analyst Ali Martinez, there is a glimmer of hope on the horizon as Open Interest, a key indicator of market sentiment, has skyrocketed to a year-to-date high. дальше »
2023-8-9 07:00 | |
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48 Crypto Assets Considered by the U.S. SEC To Be Securities Beget Questions
With a significant 24-hour trading volume of $3.3 billion, as reported by CoinGecko, a group of 48 tokens, potentially categorized as securities by the US Securities and Exchange Commission (SEC), holds a substantial combined market capitalization of $91 billion. дальше »
2023-8-9 00:58 | |
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Circle CEO addresses USDC liquidity concerns, welcomes PayPal move into stablecoins
Jeremy Allaire, Circle CEO, confirmed that USD Coin (USDC) saw more redemptions than issuance over the past month, according to an Aug. 7 tweet. Allaire stated that Circle issued $5 billion worth of USDC over the past month, with redemptions surpassing issuances by $1. дальше »
2023-8-8 16:55 | |
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Coinbase to buy back up to $150M of its $1B bonds
Coinbase’s partial bonds buyback targets up to $150 million of the $1 billion bonds. City Global Managers will be the offer’s dealer manager. Coinbase said on Monday that it is commencing a partial repurchase of its $1 billion bonds. дальше »
2023-8-8 15:49 | |
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DeFi total losses breach $77B as July records largest loss of 2023 with $389M stolen
De. Fi’s Rekt Database reports that July saw $389. 82 million in DeFi losses related to hacks and exploits, pushing the cumulative total value of all of to cross the threshold of $77 billion. дальше »
2023-8-8 11:26 | |
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What’s happening to Huobi? $64M in outflows over the weekend
One of the biggest cryptocurrency exchanges, Huobi, experienced massive outflows of $64 million over the weekend, impacting its overall long-term value. DeFiLlama data shows that in just one month, the exchange’s TVL decreased from $3 billion to $2. дальше »
2023-8-7 09:45 | |
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Huobi takes $64M hit in outflows over the weekend: here’s why
One of the biggest cryptocurrency exchanges, Huobi, experienced massive outflows of $64 million over the weekend, impacting its overall long-term value. DeFiLlama data shows that in just one month, the exchange’s TVL decreased from $3 billion to $2. дальше »
2023-8-8 09:45 | |
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Bitcoin Payment Firm Block Notches 34% Increase In BTC Revenue This Year
The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5. 5 billion in revenue overall. дальше »
2023-8-5 21:00 | |
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Upbit Exchange Outperforms Coinbase and OKX in July
Korean exchange Upbit records $29.8 billion in spot trading volumes as it benefits from superior regulation compared to US exchanges. The post Upbit Exchange Outperforms Coinbase and OKX in July appeared first on BeInCrypto. дальше »
2023-8-4 20:30 | |
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US senators call to implement strict tax reporting rules for crypto
US Senators urge Treasury and IRS to implement crypto tax rules by December 2023, warning of potential $1.5 billion revenue loss. Four U.S. Senators, Elizabeth Warren, Robert P. Casey, Jr., Richard Blumenthal, and Bernard Sanders, have sent a letter to… дальше »
2023-8-3 16:25 | |
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CME Bitcoin futures hit new highs as investor interest surges
Quick Take Data from The Block reveals that the Bitcoin futures trading volume and open interest on the Chicago Mercantile Exchange (CME) have reached their highest levels for the year. The trading volume for July 2023 reached a remarkable $56 billion, and open interest hit a peak of $2. дальше »
2023-8-3 01:00 | |
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Binance Reduces Terra Classic (LUNC) Supply By Another 1.14 Billion
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1. 14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin and spot trading pairs in July. дальше »
2023-8-2 22:00 | |
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