Trading
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Rival stablecoin tether (USDT) has reached its largest market share since May 2021 and now represents 60% of all stablecoins in circulation.
Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information
Binance’s legal troubles and the collapse of FTX may have left an opening for others to grab market share in the crypto derivatives business.
Bitcoin Regains $28K; XRP Surges for a Second Day
Classifying XRP as a commodity could mean Ripple wins its case against the SEC, which some traders may consider bullish for the token.
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s actionagainst Binance and CEO Changpeng Zhao.
XRP Surges to Five-Month High as Some Point to Bitcoin Commodities Mention
The U.S. Securities and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.
Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead
Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.
Binance Suffers Two-Hour Spot Market Outage Due to Software Bug
Exchange CEO Changpeng "CZ" Zhao described the outage as "unlucky."
