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Macro Is Back to Moving the Digital Asset Markets
27.3.2023
Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley
27.3.2023
Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
24.3.2023
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said
Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg
23.3.2023
The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin
23.3.2023
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair
Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’
21.3.2023
The trading platform is built for the current market situation and is now reaping those benefits, Stephan Lutz, says
Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry
21.3.2023
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways of protecting users against similar events should...
Circle Seeks to Register in France, Ramping Up European Play
21.3.2023
The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law
OKX to cease operations in Canada by June 22 2023
20.3.2023
"Withdrawals from OKX will continue to be available," wrote the OKX team in an email to users. ͏ ͏ ͏ ͏
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
20.3.2023
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny: Moody’s
17.3.2023
"Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins' potential volatility,” Moody’s said
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport
17.3.2023
Investors are shifting into bitcoin from stablecoins as well as more volatile cryptocurrencies, the report said
Moscow City Crypto Exchanges Ready to Send Cash to London, Report
17.3.2023
An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in...
Federal Reserve confirms July launch for FedNow instant payment service
16.3.2023
The Fed Now service aims to reduce the gap in payment time between US financial institutions
Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg
15.3.2023
A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms Cumberland and GSR Markets over the weekend
KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?
15.3.2023
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round
Banks collapsing; stablecoins depegging — What is happening? Watch The Market Report live
14.3.2023
On this week’s episode of The Market Report, Cointelegraph’s resident experts explain what is going on with banks collapsing, stablecoins depegging and what you should do to stay safe
FTX-related stablecoins on the move: $145M transferred to crypto exchanges
14.3.2023
Three wallets, reportedly associated with both FTX and its subsidiary, Alameda Research, have moved 69.64 million USDT and 75.94 million USDC