Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Bitcoin, Ethereumi tehniline analüüs: Market Volatility Remains High, as BTC Climbs Above $19,000

Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s istungil, with ethereum also rebounding following recent losses. Kirjutamise seisuga, the global crypto market cap......

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Päevad

Just over two months or approximately 83 päeva tagasi, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market......

Meme Tokens Slide 55% sisse 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95%

Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 miljardit ja täna, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% väärtuses, and......

Huobi Partners With Astropay to Facilitate Fiat Payments in Latam

Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to......

Binance Founder CZ Announces Romanian Office as Part of Regional Expansion

Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binances intentions to expand direct operations in......

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

Kolmapäeval, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomuras move follows a number of financial giants entering the cryptocurrency industry......