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Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin

“Crypto traders remain skeptical about holding their cryptos on exchanges,” said Edward Moya, senior market analyst at foreign exchange Oanda. “Coinbase has an uphill battle as many traders fixate over moving their cryptos to cold storage, as surging yields keep pressure on this space, and over an uncertain regulatory path,”

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Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month – Altcoins Bitcoin News

While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month, statistics show that 14.77%

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Total crypto market cap takes another hit, but traders remain neutral

The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support

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Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee

The Department of Justice has named Venture Capital company Octopus, the Gibraltar-based Wincent Investment Fund, Coincident Capital International, GGC Information Ltd., Pulsar Global Ltd., and a number of individual investors to represent the potentially million people owed money by the collapse of the Bahamas-based firm, whose founder Sam Bankman-Fried is

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Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral

The total cryptocurrency market capitalization dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative movement did not break the ascending channel initiated on Nov. 12, although the overall sentiment remains bearish and year-to-date losses amount to 64%.Total crypto market cap in USD, 12-hour. Source:

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GK8 increases insurance cap on digital assets to $1B

Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks and other financial institutions to start investing in cryptocurrency. The insurance policy offers up to $1 billion of coverage per client for digital

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