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Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
22.8.2024
The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
27.5.2024
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and...
Unstoppable Domains and The Sandbox Partner to Launch New Metaverse Experience + More Crypto News
22.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Unstoppable Domains Partners with The Sandbox to Launch Metaverse Experience Stablecoin Trading Volumes Increased 27% in December, Highest Level...
Solana Surpasses Ethereum in 7-Day Stablecoin Trading Volume for First Time Ever
3.1.2024
Source: AdobeStock / Aleksandra Sova Layer 1 blockchain Solana (SOL) continues to make waves in the crypto community as it achieves several significant milestones. Over the past week, the network surpassed Ethereum (ETH) in 7-day stablecoin trading volume for the first time ever. According to data...
Today in Crypto: Hong Kong Will Use ‘All Available Methods’ to Fight Crypto Scams, Americans are ‘Much More Open to Potential of Crypto Than Brits’
28.11.2023
Source: AdobeStock / Vitalii Vodolazskyi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Regulation news Hong Kong authorities may give regulators more power to fight cryptocurrency scams and will...
Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading
1.11.2023
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close...
Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption
7.10.2023
Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official. It is important to note that retail stablecoin trading is currently not permitted in Hong Kong....
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Retail stablecoin trading in Hong Kong not allowed yet, official says
6.10.2023
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024
Coinbase Debuts Paypal’s PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity
31.8.2023
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase,...
Binance BUSD Stablecoin Trading Suspended by Coinbase Over Liquidity Concerns – What's Going On?
14.3.2023
Coinbase has proceeded with the planned suspension of Binance USD (BUSD) trading, disabling trading for the stablecoin starting Monday.
"We have disabled trading for Binance USD (BUSD)," the United States-based cryptocurrency exchange said in a March 13 tweet, adding that users will continue...
Bitcoin Spike to $24.5K Stemmed From Regulators' Bank Interventions, Binance Stablecoin Conversion, Investor Hopes for Fed Dovishness
14.3.2023
Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums
13.3.2023
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold...
Coinbase Officially Suspends Binance USD Stablecoin Trading
13.3.2023
Cryptocurrency exchange Coinbase (COIN) has delisted the Binance USD (BUSD) stablecoin, according to a tweet on Monday
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
11.3.2023
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price
BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
15.2.2023
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin
Monetary Authority of Singapore May Introduce Risk Test Before Permitting Cryptocurrency Trading
26.10.2022
Source: AdobeStock / martinhosmat083 Singapore’s retail investors may have to take a risk awareness test to be allowed to trade crypto, in order to ensure that they have sufficient knowledge of the risks involved.  Citing two consultation papers published on Wednesday, the CNA reported...
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Tether fortifies its reserves: Will it silence critics, mollify investors?
11.7.2022
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
Read More: RUNE Extends Rally After Interest-Free Loans, Synths...