Bitcoin Price Explodes 10% In 24 Hours With A Breach Of The $24,000 Level
The Bitcoin price has increased over the past week as a result of the escalating banking crisis in the United ...
Tag: USDC
Bank Stocks Crash As Bitcoin Soars 17% Above $24,000
The cryptocurrency market is volatile, and this week has been no exception. Yet, the financial sector has been more volatile ...
How MakerDAO Intervened, Saving DAI From Depegging
MakerDAO, the protocol behind the decentralized stablecoin DAI, intervened and saved its stablecoin from de-pegging following the collapse of Silicon ...
Uniswap Founder Says Banks Are Massive Scams
Hayden Adams, the founder of Uniswap, is convinced that banks are "massive scams" compared to decentralized finance (DeFi) protocols. Hayden ...
USDC Feeling Intense Pressure Despite Fed Action To Halt SVB Contagion
USDC and other cryptocurrencies were having a rough trading session Monday following an announcement from U.S. authorities outlining measures to ...
Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?
The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender ...
Will The United States Federal Reserve Bail Out Silicon Valley Bank?
The collapse of Silicon Valley Bank has sent shockwaves through the financial world, with many wondering whether the United States ...
Binance And Coinbase Temporarily Suspend USDC Conversion After Silicon Valley Bank Collapse
The two biggest cryptocurrency exchanges, Binance and Coinbase, have revealed that they would temporarily suspend USDC conversions on their platforms. ...
Long Queues Seen At Silicon Valley Bank-Owned Boston Private – A Bank Run?
Long queues have been observed at Boston Private, a banking service provider, that was recently acquired by Silicon Valley Bank ...
USDC Is In Trouble, But It Won’t Go To Zero Like UST Did – Here’s Why
USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD ...
Bitcoin Rally Fueled By USD Coin (USDC) Rotating Into BTC: Santiment
On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the ...
Here’s Why The Stablecoin And Binance FUD Might Be Overblown
Binance CEO Changpeng Zhao ("CZ") has commented on Twitter about the Department of Financial Services' (NYDFS) directive to Paxos Trust ...
MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault
In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based ...
Why USDT Is Plunging While Other Stablecoins Are Not
Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but ...
Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion
Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. ...
MakerDAO Invests Hefty Amount Becoming The Largest Stake Holder In USDC
The extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still ...
Binance USD Supply Increases Amid Heated Stablecoin Wars
The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that ...
Whales Across These Five Chains Are Heavy On Stablecoins, Should You Be Too?
Crypto whales all across the board have been seemingly taking more conservative positions in stablecoins since the bear market started. ...
Subsidiary Of Block Inc. Collaborates With Circle To Promote Global USDC Adoption
One of the expectations of the crypto community is adoption, a journey on which USDC has embarked. The more countries ...
Robinhood Lists USDC, It’s First Stablecoin
Robinhood hasn't been shy about it's desire to be a player in crypto. The platform has had a few years ...
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