With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 Milliarde, marking the lowest number of BUSD in circulation since April 2021. Außerdem, data indicates

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. zusätzlich,…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be

Fast 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Tage

Vor sechs Tagen, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Zur Zeit, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

Brazilians Will Be Able to Pay Taxes With Crypto

Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner

While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

Am Dienstag, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 Million. The company’sHashKey Fintech Investment IIIis dedicated to developing crypto solutions, Blockchain-Technologie, and Web3 concepts….

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Nasdaq has announced the launch ofNasdaq Digital Assetsciting increased demand for digital assets among institutional investors in recent years. Anfänglich, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto Unit

Digital Wealth Pioneer Yield App stellt mobile App für iOS und Android vor

PRESSEMITTEILUNG. ESTLAND — 17 JUNI 2022 — Rendite-App, ein globales FinTech-Unternehmen und eine digitale Vermögensplattform, die mehr als angezogen hat 80,000 Kunden seit seiner Markteinführung im Februar 2021, is now taking on the mobile world with the launch