Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deterioratingmacroeconomic conditions” y el “crypto winteras some of the reasons

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 días, BUSD’s token

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

El viernes, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Desde entonces, the coins market capitalization has been sliding lower as redemptions have become more prominent. Mientras tanto, a data researcher from Nansen has discovered that Binance,…

Por poco 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Días

Six days ago, 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. Corrientemente, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

Metaverso, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

En 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% sobre el último 30 días, and ethereum has risen 9.3% in the same timeframe. Sin embargo, year-to-date statistics show that bitcoin is down

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

The meme coin economy has grown significantly over the past 27 días, increasing 34.52% contra los estados unidos. dólar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, Shiba Inu, posee…

Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023

Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. Por ejemplo, the crypto

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

The blockchain network Litecoins computational power reached an all-time high (ATH) el miércoles, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash por segundo (TE/s). Además, Litecoins difficulty also reached an all-time high this week, hitting 23,505,031 the following