Cryptocurrency Market

  • Market Cap: $2,236,411,896,679.11
  • 24h Vol: $80,088,956,086.89
  • BTC Dominance: 56.33%

Cryptocurrency

ethereum-upgrade-to-implement-beacon-chain-withdrawals-scheduled-for-april-12

Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following […]

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply Read More »

digital-assets-worth-2-billion-rubles-issued-in-russia-in-less-than-a-year

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year Read More »

bitcoin-becomes-12th-largest-asset-worldwide-by-valuation,-surpassing-visa

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value,

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa Read More »

openai’s-gpt-4-launch-sparks-surge-in-ai-centric-crypto-assets

Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets

Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against

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report:-doj-and-fbi-investigating-terraform-labs-in-connection-to-algorithmic-stablecoin-collapse

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Unusual Relationship:

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse Read More »

stablecoin-trading-dominates-monday’s-crypto-market,-tether-and-busd-sell-at-premiums

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums Read More »

binance-converts-$1-billion-busd-into-bitcoin,-bnb,-and-ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles

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usdc-stablecoin-nears-parity-with-usd-after-fed’s-bailout-announcement

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank.

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement Read More »

binance-trains-ukraine’s-cyberpolice-and-security-service

Binance Trains Ukraine’s Cyberpolice and Security Service

Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiatives over the past year, in a number of countries. Binance Provides Crypto Training to Security Officials in Ukraine The world’s largest digital asset exchange, Binance, has provided

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