Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,003,212,360.21
  • 24h Vol: $54,332,229,412.15
  • BTC Dominance: 56.55%

usd coin

washington-man-faces-charges-in-$64-million-crypto-laundering-scheme

Washington Man Faces Charges in $64 Million Crypto Laundering Scheme

Leave a Comment / Binance, Bitcoin, BitStamp, Coinbase, Crypto, Crypto Hacked, Cryptocurrency, DOJ, Ethereum, Featured, Gemini, Homeland Security, Money Laundering, Tether, usd coin, Washington / / / , , , , , , , , , , , , ,

A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum via exchanges like Gemini, Bitstamp, Coinbase, and Binance. Investigators traced the […]

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stablecoin-market-expands-by-$1.52-billion-in-7-days,-driven-by-usdt-and-usdc-growth

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth

Leave a Comment / Altcoins, Bitcoin, Crypto Hacked, Cryptocurrency, Cryptocurrency Trading, Ethereum, fiat-pegged crypto, Market Capitalization, Stablecoin Market, stablecoin transfer volume, Tether, usd coin, USDC, USDT / / / , , , , , , , , ,

The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again Over the

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth Read More »

stablecoin-supply-shift:-tusd-jumps-110%-while-others-experience-reductions

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Leave a Comment / Altcoins, Avalanche, binance chain, Bitcoin, Blockchain, Circulation, Coins, Crypto Hacked, Cryptocurrencies, Cryptocurrency, depegging event, Ethereum, Federal Reserve, future, Gemini Dollar, GUSD, market, minting, redemption rate, Signature Bank, Silicon Valley Bank, stablecoin assets, Stablecoin Tokens, Stablecoins, Statistics, supply reductions, Tokens, tron, trueusd, tusd, usd coin, USDC, USDD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions 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 »

stablecoin-supply-plummets-after-depegging-event:-$7.4b-dollar-pegged-tokens-withdrawn-from-circulation

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation

Leave a Comment / 24-hour settled trades, Altcoins, Binance, Binance USD, Bitcoin, BUSD, Centralized trading, Circulation, coingecko.com, crypto economy, Crypto Hacked, Crypto landscape, Cryptocurrency, Demand, depegging, Ethereum, Exchanges, Global Trade, Investors, Market Capitalization, Market Valuation, metrics, Nansen, Pegged, Proof of Reserve, redemptions, Stablecoins, Supply, Tether, Trading Platforms, usd coin, USDC, USDT, Value, volume, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin Depegging Event Triggers Billions in Redemptions The stablecoin landscape

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation Read More »

circle-issues-update-amid-stablecoin-volatility;-firm-is-prepared-to-‘stand-behind-usdc-and-cover-any-shortfall’

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

Leave a Comment / Banking system, Bitcoin, Blockchain, Circle Financial, Corporate Resources, Crypto asset, Crypto Hacked, Cryptocurrency, Ethereum, External Capital, Failed Institution, FDIC, issuance, Liquidity, Market Capitalization, Negative Scenario, News, Ordinary Course, Parity, Public Update, Reassurance, redemption, Reserve Assets, Settlement, shortfall, Silicon Valley Bank, Stablecoin, Stand Behind, Stored-Value Money Transmission Regulation, SVB, transactions, transfers, usd coin, USDC, volume / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle significant volume” and that the firm will “stand behind USDC and

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’ Read More »

ethereum-co-founder-vitalik-buterin’s-address-sells-trillions-of-airdropped-tokens,-causes-illiquid-coin-prices-to-plummet

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet

Leave a Comment / airborne pathogens, atmospheric chemist, Balaji Srinivasan Philanthropic Fund, Binance Smart Chain, Bitcoin, Blockchain Explorer, Blockchain security, Burn Address, Crypto Covid Relief Fund, Crypto Hacked, Cryptocurrency, CULT DAO, data analytics, Digital Assets, Dingo, ERC20 Tokens, Ethereum, Kiboshib, Kimberly Prather, low liquidity, Market Capitalizations, market volatility, MOP, News, Peckshield, shiba inu, Shikoku, Stablecoins, Tax compliance, token holders, token transfers, University of California San Diego, usd coin, Vitalik Buterin / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet Read More »

redemption-and-reshuffling:-busd’s-exit-from-top-10-cryptocurrencies-shakes-market-valuations

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Leave a Comment / Bitcoin, Blockchain, bnb, BTC, BUSD, crypto assets, Crypto Hacked, Cryptocurrencies, Cryptocurrency, decentralized finance, Digital Tokens, Doge, Ethereum, Exchange Tokens, Financial Technology, Greenback, Investors, Lido, Market Capitalization, Market Updates, Market Valuation, matic, OKB, Okx, Paxos, Polygon, PoW, Proof of Work, redemptions, Smart Contracts, SOL, Solana, Stablecoins, Staked Ether, STETH, Tether, top cryptocurrencies, Top Ten, usd coin, USDC, USDT, utility tokens, valuation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only

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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

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