Bitcoin surges to 39-week high, leaving Meta, Visa, TSMC, and Exxon Mobil in its dust
Bitcoin surges to 39-week high, leaving Meta, Visa, TSMC, and Exxon Mobil in its dustBitcoin jumps 4 places in global asset rankings, riding high on the Fed's flip to quantitative easing.
Happy TuesdayThe global crypto market cap is $1.13 trillion with a 24-hour volume of $89.8 billion. The price of Bitcoin is $25,895.59 and BTC market dominance is 44.2%. The price of Ethereum is $1,767.23 and ETH market dominance is 19.1%. The best performing cryptoasset sector is Yield Farming, which gained 13%.
Latest NewsBitcoin surges to 39-week high, leaving Meta, Visa, TSMC, and Exxon Mobil in its dust
Bitcoin jumps 4 places in global asset rankings, riding high on the Fed's flip to quantitative easing. NatWest introduces transaction limits to protect against crypto-criminalsThe new rules will limit transfers to crypto exchanges to £5,000 per 30 days with no more than £1,000 per day. Goldman Sachs has a patent granted focusing on blockchain technologyThe document is a technical summary of a piece of blockchain technology that allows for joint claims on tokens. Inverse Cramer ETF surpasses S&P 500 in first week of tradingCriticism towards Jim Cramer grows as Inverse Cramer Tracker ETF outperforms market. Wallets connected to FTX transfer over $100M stablecoins to exchangesLookonchain said the wallets making the transactions were used to collect FTX's assets after it crashed in November 2022. Crypto therapist reports sharp rise in people seeking addiction helpCrypto dreams turn into nightmares as addiction can lead to detachment from reality, isolation, and debt. EU passes Data Act including smart contract regulationThe bill was passed with 500 votes in favor and 23 against — it includes provisions on “essential requirements regarding smart contracts for data sharing.” USDC CEXs hits 12 month high following USDC depeg event: MessariAlthough it is expected that Circle's $3.3 billion SVB deposits will be reinstated this week, the aftershocks to DeFi are likely to remain. Binance suspended British Pound deposit and withdrawals for new users on March 13A Paysafe subsidiary Skrill said the current UK regulatory environment made it challenging to offer its services to Binance. CryptoSlate Daily wMarket Update: Bitcoin’s continued rally sparks $25k dreamThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
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Binance converts $1B BUSD to Bitcoin, Ethereum, BNB
Monday, March 13, 2023
The recent collapse of crypto-friendly banks has made Binance convert its $1 billion industry recovery fund to Bitcoin and other assets.
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Saturday, March 11, 2023
Coinbase and Binance both suspend USDC conversions until the dollar peg stabilizes, while BlockFi and Avalanche both reveal ties to SVB.
Crypto liquidations top $300M as Bitcoin drops below $20k
Friday, March 10, 2023
Bitcoin had a negative netflow of $13.7 million as investors withdrew more BTCs from exchanges during the last 24 hours, according to Glassnode data.
Ethereum Foundation makes new Goerli Shapella announcement
Thursday, March 9, 2023
The ability to withdraw staked Ethereum may soon be here, as Shapella (Shanghai + Capella) unstaking upgrade goes live on the Goerli testnet.
Ripple CEO says SEC has no infrastructure for registered tokens
Wednesday, March 8, 2023
Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility.
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