Friday, March 14, 2025
Home > Derails

Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers

In the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap between stablecoins, traders almost depleted the USDT, USDC and DAI liquidity. Now, 85% of the pool’s liquidity is BUSD, making it difficult for traders to exchange large amounts of BUSD, and forcing sellers to accept

Read More

‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words

A compromise which proposed amending provisions in the bipartisan infrastructure deal on crypto failed to meet the requirements of a unanimous consent request in the Senate, making the bill likely to go to a full vote without additional changes.This afternoon, Senator Tom Carper, the Democratic floor manager for infrastructure bill

Read More

Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks

Trump threatens to derail trade talks with China, standing firm on Beijing making huge agricultural purchases. U.S. stocks decline as investors move capital into safe-haven assets. Bitcoin yet again fails to act as a hedge while gold surges. Gold outperformed its rival bitcoin on Wednesday as trade talks between the U.S. and China

Read More