Since First Digital’s USD-pegged stablecoin, FDUSD, depegged on April 2nd following claims of insolvency by Tron founder Justin Sun, market maker Wintermute has profited from arbitrage opportunities. Wintermute […]
Ethereum Price Faces Pressure as Whale Sell-Off Deepens
Ethereum’s price continues to hover near the $1,800 mark as significant sell-offs from whales contribute to a broader bearish sentiment. Despite recent volatility with a brief bounce, traders […]
FDUSD Depegging Sparks Market Turmoil: Stability in Doubt
A sudden drop in the value of FDUSD, a USD-pegged stablecoin, triggered panic among investors and resulted in a 13% decline in its price. The incident saw Wintermute […]
Itaú Unibanco Considers Launching Stablecoin Amid Regulatory Review
Brazil’s largest private bank, Itaú Unibanco, is exploring the issuance of a stablecoin in the country, contingent upon regulatory developments and benchmarks set by international institutions. The potential […]
Trump’s Tariffs Trigger Market Turmoil, Raising Fears of Global Trade War
Former President Donald Trump’s recent imposition of tariffs on a wide range of goods, impacting countries like China, Japan, and the European Union, has sent shockwaves through global […]
U.S. Data Points Suggest Potential Recovery in Crypto Market
Recent U.S. economic data provides insights into the potential trajectory of cryptocurrencies. The easing of trade tensions and a delayed decline in prices, despite concerns about tariffs, suggest […]
Shiba Inu Price Holds Ground Despite Bearish Trend
Despite a sustained bearish market trend, Shiba Inu (SHIB) shows signs of stabilization. While recent technical indicators suggest that the worst may be over, concerns about SHIB potentially […]
MEXC Lists StakeStone (STO) in a Campaign Celebrating New Listings with 130,000 USDT Prize Pool
MEXC has officially listed StakeStone (STO) on its spot and futures markets, marking an exciting milestone for both platforms. To celebrate this listing, MEXC is launching a special […]
Bybit & Zodia Custody Partner to Enhance Asset Security for Institutional Clients
Zodia Custody and Bybit have partnered to offer secure, segregated custody and off-venue settlement for Bybit’s institutional clients. This collaboration addresses the growing demand for robust security measures […]
Beyond Bitcoin: MAGACOINFINANCE Emerges As Next-Gen Opportunity
While Bitcoin takes a breather, Ethereum and Solana are surging ahead. Investors are on the lookout for the next major player before market momentum shifts again. One name […]
Bitcoin Faces Downside Risk at $78K: Technical Rejection Threatens Breakout
Bitcoin (BTC) currently hovers around the $83,000 level, facing a complex market landscape with potential for both upward and downward movement. While bullish sentiment has been fueled by […]
Crypto.com Enables Direct PayPal Purchases for EU Users
Crypto.com has announced a major expansion, allowing users in the European Union to buy cryptocurrencies directly using PayPal. This integration seamlessly lets users fund their Crypto.com accounts within […]
Trump Tariffs Trigger $500 Million Crypto Liquidations: Bitcoin & Ethereum Take Hit
The cryptocurrency market experienced significant volatility in recent 24 hours, leading to widespread liquidation events and notable losses for traders. The sudden shift in prices was driven by […]
StakeStone Price Explodes 20% After Listings Spree
StakeStone, an omnichain liquidity infrastructure protocol, experienced a remarkable surge of over 20%, driven by a wave of exchange listings following its recent token generation event (TGE). The […]
Minnesota & Alabama Propose Bitcoin Legislation: A Potential Paradigm Shift in State Finance
Could a new era of state finance be on the horizon? Two states are taking bold steps towards embracing cryptocurrency, with legislation proposing significant investment in Bitcoin. In […]