Stablecoins’ Market Capitalization Falls to Lowest Level in 18 Months, Data Shows
The total market value of stablecoins in the cryptocurrency space has declined by 1.35% to $133 billion, the lowest in.
Blockchain News
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Crypto Twitter Thinks the Fed’s $297B Balance Sheet Expansion Is ‘QE’, But It’s Not
The U.S. Federal Reserve’s (Fed) balance sheet expanded by $297 billion to $8.63 trillion in the week of March 15,.
- by Oladapo Hapostle
- March 18, 2023
Bitcoin News
First Mover Asia: Bitcoin Dips Below $25K as Market Debates Liquidity
Bitcoin and ether both started the Asian trading day down, with bitcoin down 2.5% to $24,330 and ether down 3.7%.
- by Oladapo Hapostle
- March 16, 2023
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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop.
- by Oladapo Hapostle
- March 16, 2023
Blockchain News
‘Desperate’ Stablecoin Investor Pays $2 Million for Just $0.05 in $USDT After $USDC and $DAI Depeg
In an on-chain deal, a “desperate” cryptocurrency investor paid well over $2 million to switch into $USDT from an investment.
- by Oladapo Hapostle
- March 14, 2023
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$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
The release of a crucial joint statement by U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair.
- by Oladapo Hapostle
- March 14, 2023
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Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that.
- by Oladapo Hapostle
- March 14, 2023
Blockchain News
Crypto Has Just Been Reminded About the Importance of Banks
Although most people had a terrible year in 2020, the tech industry had a boom. Consumers were spending more time.
- by Oladapo Hapostle
- March 14, 2023