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Ordinals NFTs Can Make Stacks’ STX a Multi-Billion Dollar Token: Matrixport
22.2.2023
Terra Luna Classic Price Prediction as LUNC Reaches $1 Billion Market Cap – Can LUNC Recover in 2023?
21.2.2023
The terra luna classic price has dipped to $0.00016810 today, marking a 1% loss in a day and also a week. LUNC is also down by 6% in a month, with the token hurt by the recent news that the SEC is charging Terraform Labs and CEO Do Kwon with running multi-billion dollar securities fraud....
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Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Here are Key Levels to Watch
20.2.2023
Bitcoin 's price has been on the rise, with a trading volume of $40 billion entering the market. The BTC/USD pair has declined less than 1% within the past 24 hours, currently trading at $24,372.00. Despite this recent dip, its value has seen a notable increase of over 11% within the last seven...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops
19.2.2023
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised...
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
17.2.2023
The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial...
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
Ethereum Price Prediction as $10 Billion Trading Volume Floods In – Has ETH Bottomed Out Already?
16.2.2023
The ethereum price has gained by 9% in the past 24 hours, rising to $1,689 as part of a marketwide rally caused in part by a short squeeze. Its current level means it has risen by 2% in a week and by 7% in a month, with today's return largely compensating for losses witnessed last week....
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Ethereum Price Prediction as $10 Billion Trading Volume Floods In – Has ETH Bottomed Out Already?
16.2.2023
The ethereum price has gained by 9% in the past 24 hours, rising to $1,689 as part of a marketwide rally caused in part by a short squeeze. Its current level means it has risen by 2% in a week and by 7% in a month, with today's return largely compensating for losses witnessed last week....
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Abu Dhabi Goes All-In on Crypto With $2 Billion Investment Program for Web3 and Blockchain Startups
16.2.2023
Abu Dhabi's tech ecosystem has launched a new initiative with over $2 billion of capital committed to funding Web3 startups, blockchain technologies, and metaverse apps in the United Arab Emirates capital.
The capital's tech ecosystem, called Hub71, has officially launched its brand new Hub71+...
Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny
Terra Luna Classic Price Prediction as LUNC Market Cap Blasts Above $1 Billion – Time to Buy?
15.2.2023
Terra luna classic has risen to $0.00016897 today, capping a 1% rise in the past 24 hours, as the cryptocurrency market recovers from recent losses. This price marks a 9% drop in the past week and a 6.5% decline in the last 30 days, as LUNC teeters between recovery and relapse. ...
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Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
14.2.2023
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
13.2.2023
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...
Terra Luna Classic Price Prediction as LUNC Falls Below $1 Billion Market Cap – Time to Buy the Dip?
13.2.2023
The terra luna classic price has dropped by 3.5% in the past 24 hours, as part of a marketwide fall caused by speculation regarding the SEC acting against Paxos and the BUSD stablecoin. At $0.00016228, LUNC is also down by 10% in a week and by 8.5% in the last 30 days, with the altcoin seeing...
Bitcoin Price Prediction as $40 Billion Trading Volume Rushes In – Are Whales Buying?
12.2.2023
The Bitcoin price prediction continues to remain unchanged, despite the fact that the world's largest digital asset by market capitalization has been in the news lately due to the recent surge in its trading volume. With a trading volume of over $40 billion in the past few days, the market...
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
10.2.2023
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange...
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
10.2.2023
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease...
Ethereum Price Prediction as $10 Billion Trading Volume Comes In – Can $ETH Reach $2,000 Soon?
10.2.2023
The ethereum price has dropped to $1,552 today, representing a 5% fall in the past 24 hours and a 6% loss in a week. The decline comes amid a marketwide selloff, caused by Kraken paying a $30 million settlement to the SEC and agreeing to end all staking services for US-based clients....
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