Browsing Tag
Stablecoins
503 posts
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting…
This bearish technical pattern hints at a double-digit drop in Bitcoin price
Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged…
Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission…
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for…
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown…
Key takeaways from Circle’s $44.5B USDC reserve report
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC…
Crypto awakening: Researcher explains ETH exodus from exchanges
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of…
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to…
Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC
For the first time, Bitcoin’s Lightning Network Capacity has surpassed 5000 BTC ($96 million). As a result, more…