Tuesday, April 23, 2024
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USDC Issuer Circle Restarts U.S. Treasury Purchases in BlackRock-Managed Stablecoin Reserve Fund

As of June 20, Circle added $2.2 billion of T-bills to the fund, while repos constituted some 90% of the fund’s $24.7 billion in assets, according to BlackRock’s website. The company held an additional $3.5 billion in bank deposits, the “vast majority, over 90%” stored at the Bank of New

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Paxful restarts marketplace operations for the first time since April

Peer-to-peer crypto marketplace Paxful has announced it is back online after suspending operations in April.In an update posted to its website, Paxful said its team had relaunched the marketplace after more than 30 days. Though the platform said its wallet had “remained fully operational” during the suspended service, it’s unclear

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Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact

Bitcoin started a fresh increase above the $22,000 resistance zone against the US Dollar. BTC must clear $23,000 and $23,700 to continue higher. Bitcoin started a fresh increase after the fed hiked interest rates by 75bps. The price is now trading above the $22,500 level and the 100 hourly simple moving average. There

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