Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

Stablecoins

crypto-economy-swelled-80,466%-since-2013,-despite-$1.5-trillion-loss-in-2022-downturn

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Leave a Comment / adoption, Analysis, Avalanche, bbqcoin, Bitcoin, Blockchain, bnb coin, Cardano, chncoin, Coinmarketcap.com, Crypto, crypto economy, crypto exchanges, Crypto Hacked, Cryptocurrency, devcoin, Digital Currency, Economy, Ethereum, feathercoin, Finance, freicoin, growth, Innovation, Internet, investment, ixcoin, litecoin, loss, market, Market Cap, Market Capitalization, Market Updates, mincoin, namecoin, novacoin, peercoin, perspective, Profit, Regulation, Solana, Speculation, Stablecoins, Technology, terracoin, Tether, trading, trend, usd coin, valuation, volatility, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by […]

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5-high-profile-cryptocurrency-implosions-shatter-trust,-wipe-out-billions-in-value-during-2022’s-crypto-winter

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

Leave a Comment / addresses, Bankruptcy, Bitcoin, Blockchain, bounce back, CEL, ceo, Circulation, Concentration, crypto assets, Crypto Hacked, Cryptocurrencies, Cryptocurrency, deployer, deposits, do kwon, ERC20, Ethereum, Exchange Tokens, Fraud, FTT, ftx, HOPE, HUSD, Illicit, Investors, LUNA, Market Capitalization, Market Updates, Market Valuation, restructuring, SEC, Stablecoin, Stablecoins, Terra, trading, transactions, UST, VGX, voyager, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter Read More »

busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Leave a Comment / Altcoins, Asset, Asset Management, Binance, Binance BUSD, Bitcoin, Blockchain, BUSD, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, Digital Currency, dogecoin, Dominance, Ethereum, Exchange, Fiat, Market Cap, Parity, Paxos, Portfolio, redemption, Stablecoin, stablecoin assets, Stablecoins, Tether, Top Ten, trading, Trading Volume, Turkish Lira, US Dollar, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme

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bis-general-manager-casts-doubt-on-stablecoins,-claiming-tokens-do-not-benefit-from-regulations-or-central-planning

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning

Leave a Comment / Agustin Carstens, Bank for International Settlements, BIS, Bitcoin, Bloomberg News, central bank digital currencies, Central Banks, Consumers, credibility, crypto assets, crypto economy, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Euro, fiat currencies, Financial Incumbents, fragmentation, future of money, Innovation, institutional arrangements, Investors, legal infrastructure, lender-of-last-resort, Monetary Authority of Singapore, national currencies, News, pound, regulatory protections, safe money, singleness of money, social conventions, Stable Cryptos, stable money, Stablecoins, trusted money, unity of money, yen / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.”

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning Read More »

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NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

Leave a Comment / anti-touting, antifraud, Bitcoin, Blockchain, celebrity, Charges, Crypto, crypto assets, Crypto Hacked, Cryptocurrency, Disclosure, earn-programs, Emax, EMAX project, Emax promotion case, endorsements, Enforcement, Ethereum, EthereumMax, federal law, Gary Gensler, influencer, investment, Investors, Kim Kardashian, News, Paul Pierce, penalties, Regulation, reminder, Research, SEC, Securities, Settlement, Socialite, Stablecoins, staking services, Warning / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws

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stablecoin-market-in-flux:-more-than-$2-billion-in-usdc-redemptions-in-30-days

Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days

Leave a Comment / 12.9%, 8 out of 10 trades, 81.4%, Altcoins, Bitcoin, BUSD, Circulation, contrasting picture, crypto economy, Crypto Hacked, Cryptocurrency, DAI, Decrease, dominant, Ethereum, FRAX, future, GUSD, increase, Market Capitalization, Monitoring, overall valuation, redemption, regulatory challenges, Stablecoin, stablecoin assets, Stablecoins, Statistics, Tether, third-largest, Top Ten, trade volume, trends, tron, tusd, usd coin, USDC, USDD, USDP, USDT, Value / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease of approximately 4.9% in the same time

Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days Read More »

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China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

Leave a Comment / Alternative, Bank, banks, Bitcoin, Blockchain, Blockchain Project, CBDC, CBDCs, China, chinese, CIPs, cross border, Crypto Hacked, Cryptocurrency, Digital Currencies, Ethereum, Finance, foreign trade, Interbank, international, Payments, Red Date, Settlements, SPFS, Stablecoins, Swift / / / , , , , , , , , , , , , , , , , , , , , ,

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red

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imf-division-chief-and-deputy-managing-director-call-for-swift-regulatory-action-to-avoid-crypto-contagion-to-legacy-finance

IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance

Leave a Comment / basel committee, Bitcoin, Bo Li, contagion, Crypto Hacked, Cryptocurrency, Ethereum, IMF, International Monetary Fund, Nobuyasu Sugimoto, Regulation, Stablecoins, systemic risks, volatility / / / , , , , , , , , , ,

An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and traditional financial institutions. Nobuyasu Sugimoto, deputy division chief of the financial supervision and regulation division of the IMF, and Bo Li, deputy managing

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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

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uk-treasury-considers-digital-pound,-maintains-crypto-hub-objective

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

Leave a Comment / Bitcoin, CBDC, Crypto, Crypto Hacked, crypto regulations, Cryptocurrencies, Cryptocurrency, Digital Currency, digital pound, Ethereum, Finance, Government, minister, Regulations, rules, secretary, Stablecoins, Treasury, U.K., uk / / / , , , , , , , , , , , , , , , ,

The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation on Digital Pound Currency The executive power in London is considering the introduction a

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