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Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months
The largest cryptocurrency was trading at just over $24,700 during the Asian morning hours on Tuesday.
Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too
Investment banking giant Goldman Sachs analysts have predicted the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.
Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens
Binance tapped into its Industry Recovery Initiative funds to cover the move.
Bitcoin, Ether Retrace Weekend Losses as Bears See $183M in Short Liquidations
Markets jumped amid respite from the U.S. government and USD coin issuer Circle.
Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
Some traders are signaling strength for USD coin, citing its treasury backing in U.S.-issued bonds.
Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown
Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at now-failed Silicon Valley Bank.
Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.
Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.
Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
Bitcoin and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold; ether sinks 7%.
Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.
