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Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
14.2.2023
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
14.2.2023
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
14.2.2023
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
14.2.2023
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty...
Bitcoin’s UTXOs Are Close to All-Time High. Here’s Why it Matters
14.2.2023
The Bitcoin network is getting more active with increasing block sizes, transactions, and overall UTXO counts
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report
14.2.2023
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500....
First Mover Americas: Bitcoin Posts Slight Gains Ahead of US CPI Data
14.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
14.2.2023
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said
Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
14.2.2023
Some 12 trillion VOLT were staked in favor of the token burn proposal
Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
14.2.2023
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said
Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium
14.2.2023
With the €4 million ($4.3 million) acquisition, the Estonia-based crypto exchange Coinmetro intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens
Stablecoin Lender Liquity's LQTY Token Surges 45% as New York Regulator Goes After Paxos' BUSD
14.2.2023
Traders look more closely at decentralised censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD
Curve Token Surges Over 10% as Crypto Traders Eye Curve USD Stablecoin
14.2.2023
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering
First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
14.2.2023
Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
14.2.2023
Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves
Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
13.2.2023
The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500
Price analysis 2/13: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, SOL
13.2.2023
Bitcoin and major altcoins look vulnerable to a deeper correction after the crackdown on Paxos soured sentiment across the crypto market
Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry
13.2.2023
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog
Grayscale’s GBTC Discount Widens to Near-Record High
13.2.2023
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week