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Ripple’s new win in the legal battle against the United States securities regulators has been marred for crypto enthusiasts by news of the blockchain platform LBRY shutting down operations, which has triggered the community to react.The U.S. Securities and Exchange Commission (SEC) announced its intention to dismiss all claims against
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Circle’s CEO praised Avocado Multisig, a multi-chain wallet, calling it a USDC “gas tank.” Circle CEO Jeremy Allaire lauded the launch, highlighting the wallet’s unified USDC “gas tank,” allowing all signers to pool resources to cover transaction
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The price action of Shiba Inu (SHIB) has encountered a significant compression, primarily attributed to substantial selling originating from a prominent institutional
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Bitcoin and the broad cryptocurrency market sold off for the second consecutive day on Thursday with fears over inflation and continued rate hikes resurfacing. The U.S. House of Representatives passed the debt ceiling deal Wednesday night and the bill now moves to the Senate for its approval. Bitcoin was down
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There is a pin bar on the daily bitcoin (BTC) daily chart on a day when prices soared to reach new Q2 2023 highs of $31,000. Bitcoin pin bar forms in the daily chart Per bitcoin’s candlestick arrangement
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The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number
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On this week’s The Market Report show, Cryptox’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would mean for the rest of the crypto space.We start off this week’s show with the latest news in the markets:New BTC miner capitulation? 5 things to know
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Bitcoin returned to the bottom of its current range and might see further downside pressure in the coming days. The cryptocurrency is still recovering from the collapse of FTX, the former second major crypto exchange in the world, and the contagion unleashed in the sector. As of this writing, Bitcoin has
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Crypto exchanges are now scrambling to publicly publish their fund reserves. On Wednesday alone, nine exchanges – Binance, Gate.io, KuCoin, Poloniex, Bitget, Huobi, OKX, Deribit and Bybit – separately issued statements that they would publish their Merkle tree reserve certificates to increase transparency. Source
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The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.On the weekly chart, USDC's market cap, which reflects the number of U.S. dollar-backed tokens in circulation, fell to $49.39 billion on Sep.
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