Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,380,913,516,984.72
  • 24h Vol: $53,359,466,577.03
  • BTC Dominance: 56.61%

Circle

fiat-pegged-crypto-market-expands-by-$1.39b-in-past-week,-led-by-usdt-and-usdc

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Leave a Comment / Altcoins, Bitcoin, Circle, Crypto Hacked, Cryptocurrency, cryptocurrency growth, DAI, Ethereum, fiat-pegged crypto, PYUSD, Stablecoin Market, Tether, USDC, usde, USDT / / / , , , , , , , , , ,

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed […]

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC Read More »

circle’s-euro-pegged-token-eurc-surpasses-e50-million-market-cap

Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap

Leave a Comment / Bitcoin, Circle, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, EURC, Euro, News Bytes, News Bytes - 4, Stablecoins / / / , , , , , , ,

EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in its issuance due to its recent launch on base, a Coinbase incubated

Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap Read More »

circle’s-stablecoins-now-mica-compliant

Circle’s Stablecoins Now MiCA Compliant

Leave a Comment / Bitcoin, Circle, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, EU, EURC, Europe, European Union, MiCA, Regulation, Stablecoins, USDC / / / , , , , , , , , , ,

Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also authorized as an e-money issuer in France, which now serves as its European headquarters. Circle’s Stablecoins Achieve EU

Circle’s Stablecoins Now MiCA Compliant Read More »

noble-partners-with-circle-financial-to-integrate-usdc-on-cosmos-blockchain

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

Leave a Comment / adoption, Algorand, Arbitrum, Asset, Avalanche, Bitcoin, Blockchain, Bridged, Bridges, Bridging USDC, Challenges, Circle, Circle Financial, collateralized, Cosmos, Cosmos Noble, Cosmos USDC, Crypto Hacked, Cryptocurrency, Decentralization, Digital, Ecosystem, Ethereum, Fantom, Fiat-backed, Finance, Flow, hedera, Hosted, IBC, Innovation, integration, interoperability, issuance, Liquidity, market, native, Native USDC, NEAR, networks, News, Noble, Noble Cosmos, partnership, Polygon, protocol, Solana, Stablecoin, Stellar, Technology, Token, tron, usd coin, USDC, USDC Cosmos / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain Read More »

usdc-stablecoin-depegging-causes-concern-among-crypto-advocates,-5-other-stablecoins-slip-below-parity

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

Leave a Comment / Banking, Binance, Bitcoin, BitPay, Blockchain, Cash, Circle, Circle Financial, Circle USDC, Coinbase, Crypto, Crypto Hacked, Crypto.com, Crypto.com USDC, Crypto.com USDC suspension, Cryptocurrency, DAI, Decentralized, depegging, Digital Assets, Ethereum, Exchanges, Finance, Fintech, FRAX, GUSD, Investors, Liquidity, Market Capitalization, market volatility, News, Regulation, risk management, Silicon Valley Bank, Stablecoin, SVB, SVB deposits, Tether, trading, USD parity, USDC, USDC Depeg, USDC depegging, USDD, USDP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET)

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity Read More »

silvergate-bank-announces-voluntary-liquidation-as-crypto-industry-woes-persist

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

Leave a Comment / asset preservation, bank operations, banking giant JPMorgan, Bitcoin, Circle, Coinbase, crypto exchange FTX, Crypto Hacked, crypto-friendly banking, Crypto.com, Cryptocurrency, deposit repayment, Ethereum, Financial Troubles, Gemini, industry developments, large crypto firms, liquidation plan, News, Paxos, payment platform, proprietary technology, regulatory scrutiny, residual value, SEC, SI, SI stock, Silvergate Bank, Silvergate Capital Corporation, stock downgrade, tax assets, US Securities and Exchange Commission, USD value, voluntary liquidation, wind down plan / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist Read More »

citizens-trust-bank-to-hold-$65-million-in-usdc-reserves-as-circle-expands-bank-partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

Leave a Comment / Atlanta, Balance Sheet, Bitcoin, Blackrock, BNY Mellon, Circle, Citizens Trust Bank, community banks, Crypto Hacked, Cryptocurrency, cryptocurrency asset, Cynthia N. Day, Digital Currency, Ethereum, fast-growing markets, Financial Institutions, financial literacy initiatives, HBCUs, launch event, local schools, Market Capitalization, MDIs, minority-owned depository institutions, New York Community Bancorp, News, SEC, seed grant, Stablecoin, United States, US dollar-pegged, usd coin, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships Read More »

cornell-professor-warns-of-disruption-to-us-bond-market-from-potential-collapse-of-major-stablecoin

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin

Leave a Comment / Bitcoin, Circle, cnbc, cornell, Crypto Hacked, Cryptocurrency, Economics, Eswar Prasad, Ethereum, pat toomey, Paxos, Stablecoins, Tether, Treasuries, TRUST stablecoin act, us bonds, USDC / / / , , , , , , , , , , , ,

A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market, affecting prices. Cornell Profesor Alerts

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin Read More »

world-economic-forum-believes-crypto-will-remain-key-technology

World Economic Forum Believes Crypto Will Remain Key Technology

Leave a Comment / Bitcoin, Blockchain, Circle, Crypto Hacked, cryptocurrecy, Cryptocurrency, Dante Disparte, Ethereum, ftx, Terra, Web3, WEF, World Economic Forum / / / , , , , , , , ,

The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will continue to be “integral parts”

World Economic Forum Believes Crypto Will Remain Key Technology Read More »