$7.4B Dollar-Pegged Tokens Withdrawn From Circulation – Altcoins Bitcoin News
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions...
Altcoin News
Crypto market cap reclaims $1T, and derivatives point to further upside
The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin (BTC) was...
Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets – Altcoins Bitcoin News
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in...
Circle clears ‘substantially all’ minting and redemption backlog for USDC
Stablecoin issuer Circle says it has cleared “substantially all” of the redemption and minting requests for its stablecoin, USD Coin...
Debtors saved over $100M using de-pegged stablecoins to repay loans
The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan repayments...
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins — CZ
The death spiral of the Terra ecosystem served as a catalyst to the 2022 bear market — causing losses in the...
Crypto bleeding has most altcoins in buying zone: Santiment
The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push...
Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play
Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its...
Vitalik dumps $700K worth of shitcoins that he never asked for
Ethereum co-founder Vitalik Buterin has gone on a shitcoin selling spree, exchanging nearly $700,000 worth of tokens previously airdropped to...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert – Altcoins Bitcoin News
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens...
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range – Altcoins Bitcoin News
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has...
Total crypto market cap takes a hit amid Silvergate Bank crisis
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However,...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance – Altcoins Bitcoin News
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from...
Robinhood Wallet rolls out on iOS with Android support to follow
Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130...
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value – Altcoins Bitcoin News
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last...
Bitcoin Depot converts BTC ATMs software to reduce operating costs
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have...
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns – Altcoins Bitcoin News
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking...
Treasury Secretary Janet Yellen calls for ‘strong regulatory framework’ for crypto activities
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days – Altcoins Bitcoin News
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins,...
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens – Altcoins Bitcoin News
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the...
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across...
