Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,793,588,353,840.53
  • 24h Vol: $119,425,340,344.93
  • BTC Dominance: 58.31%

Binance

usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Leave a Comment / Auto-Conversion, Binance, Bitcoin, BitPay, Coinbase, coingecko.com, Crypto, Crypto Hacked, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, Ethereum, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]

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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)

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kazakhstan-shuts-down-crypto-exchange-that-transferred-$34-million-through-binance

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance

Leave a Comment / authorization, Binance, Bitcoin, Crypto, crypto assets, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Exchange, Exchanges, fma, illegal, Kazakhstan, License, regulator, Seizure, shutdown, unauthorized, unlicensed, Wallets, watchdog / / / , , , , , , , , , , , , , , , , , , ,

Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS

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binance-bans-russians-from-p2p-transactions-with-dollars-and-euros

Binance Bans Russians From P2P Transactions With Dollars and Euros

Leave a Comment / Binance, Bitcoin, Crypto, crypto assets, crypto exchange, Crypto Hacked, crypto traders, Cryptocurrencies, Cryptocurrency, Dollar, Ethereum, EU, Euro, Exchange, Exchanges, Fiat, fiat currencies, restrictions, Russia, russian, Russian users, russians, Sanctions, Traders, transactions / / / , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto

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bybit-halts-us-dollar-deposits-via-bank-transfer-due-to-service-‘outages’-from-partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

Leave a Comment / Advcash wallet, Bank Transfer, Binance, Bitcoin, Blockchain, Bybit, Credit Card, Crypto Hacked, crypto traders, Cryptocurrency, Cryptocurrency Assets, Cryptocurrency Exchange, Decentralized, Digital Assets, Dubai-based, Ethereum, Exposure, Financial Technology, future, Global Markets, Impact, News, partner, platform, regulatory landscape, safe, secure, security measures, service outages, Silvergate Bank, Swift, trade volume, U.S banks, U.S. dollar deposits, user experience, user funds, Virtual Currency, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit,

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bitcoin’s-price-drop-causes-over-$200-million-in-long-liquidations-across-crypto-derivative-exchanges

Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges

Leave a Comment / Analysis, Binance, Bitcoin, Blockchain, Bybit, Coinex, Coinglass, Crypto Hacked, Cryptocurrency, deribit, derivatives, Digital Assets, Ethereum, Exchanges, Finance, Futures, Futures Open Interest, Futures Volumes, Huobi, investment, Investors, Liquidations, Long Positions, market, News, Okx, Open Interest, options, perpetual futures, perpetual swaps, Price, REKT, Short Positions, Statistics, Traders, trading, Trading Volume, Value, volatility, Wipe Outs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on

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binance-tests-ai-infused-nft-platform-bicasso-in-limited-10k-mint-run

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run

Leave a Comment / ai, AI creations, art programs, art world., Bicasso, Binance, Binance CEO, Bitcoin, Changpeng Zhao, Chatgpt, creative visions, Crypto Hacked, Cryptocurrency, CZ, Dall-E, Deep AI, error message, Ethereum, gpt-3, industry, intersection, Jasper, News, nft, Nightcafe, Non-fungible Token, openai, photo creations, product test, revolutionize, Starry AI, system, Twitter, waitlist / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO Announces Bicasso Artificial intelligence

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coinbase-to-suspend-trading-of-busd-amid-regulatory-crackdown

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Leave a Comment / Binance, Bitcoin, BUSD, BUSD Coinbase, circulating supply, Coinbase, Coinbase BUSD, Crypto Hacked, Crypto Supporters, Cryptocurrency, Cryptocurrency Exchange, cryptocurrency market, Delist, delisting, Ethereum, Impact, listing standards, March 13, Market Capitalization, News, NYDFS, Paxos, regulatory crackdown, reserve portfolio, SEC, Stablecoin, suspension, timing, token contract, Trade Suspension, trading, USDC, valuation, Value, Wallets, wells notice, wider market / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that

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crypto-exchanges-allow-russians-to-circumvent-sanctions,-report-alleges

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

Leave a Comment / Bank, banks, Binance, Bitcoin, Blockchain Analysis, Bybit, Crypto, crypto exchanges, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, EU, Exchanges, Huobi, Inca Digital, KuCoin, OTC, p2p, report, Russia, russians, sanctioned, Sanctions, Sberbank, Tether, transactions, uk, Ukraine, US, War / / / , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. It also highlights an increased Russian interest in tether. Russian Traders Still Using

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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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