Trading
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.
HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.
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.
USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve
Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.
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.
Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents
Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.
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.
