depegging – Bitcoin trading

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

March 13, 2023 admin Asset, Binance, Binance BUSD, Bitcoin, bnb, BTC, BUSD, Changpeng Zhao, circulating supply, conversion, Cryptocurrency, CZ, Decision, depegging, depegging incidents, ETH, Ethereum, exchange portfolio tool, fund, Industry Recovery Initiative, Investors, Nansen, News, Onchain movements, Parity, Paxos, Reassurance, Regulators, safe, Silicon Valley Bank, Stablecoin, Stablecoin Prices, Stablecoins, SVB, Transparency, troubles, USDC

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion

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USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

March 12, 2023 admin Auto-Conversion, Binance, BitPay, Coinbase, coingecko.com, Crypto, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading

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The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

December 28, 2022 admin $28 billion erased, Altcoin economy, Altcoins, BUSD, DAI, depegged, depegging, Dollar-Pegged, Flexusd, HUSD, Stablecoin, Stablecoin Economy, stablecoin economy 2022, stablecoin markets 2022, TerraUSD, Tether, Tether (USDT), tethers, Tokens, US Dollar, usd coin, usd coin (USDC), USDC, USDN, USDT, UST

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just

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Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

August 14, 2022 admin $0.01165, 1.2 billion AUSD, Acala Network, ACALA protocol, AUSD, DAI, depeg, depegging, Honzon protocol, iBTC/AUSD pool, losing parity, MIM, Misconfiguration, News, Polkadot, Polkadot-based stablecoin, Stablecoin, Stablecoins, USD parity, USDC, USDN, USDT, UST, USTC

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value

Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.