Almost $5 billion worth of BUSD stablecoins have been redeemed. Since Paxos stated on February 13, 2023, that it will no longer issue the dollar-pegged cryptocurrency BUSD. There were around 16.1 billion BUSD coins in circulation at the time of the announcement. But there are now only about 11,129,348,406 BUSD
Zurg, Switzerland, 23rd February, 2023, Chainwire A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto. Particl’s latest release forms a
Jim Cramer, a famed host of CNBC’s Mad Money, stated in his recent Twitter post, “I reiterate it is a bull market”, as he claimed in January that ‘the current bullish cloud lasts for the next few months’. Since the start of 2023, the cryptocurrency market signals a bullish trend.
MIAMI–(BUSINESS WIRE)–#DeFi–Today, FrequenC announced its partnership with the groundbreaking decentralized finance (DeFi) app SimpleDeFi. Together, the companies will pioneer user-friendly experiences across cryptocurrency, web3 and yield farming. FrequenC is a tech-forward creative, strategy and marketing firm that helps build the next generation of the internet alongside companies of all sizes
As the cryptocurrency market continues to evolve, so do the strategies utilized by crypto traders. Recently, a seasoned crypto trader identified an emerging trend in the altcoin market. This could have significant implications for traders looking to capitalize on the volatile market. Moreover, this savvy trader noticed that certain altcoins
After the addition of TONcoin (TON) as its third major cryptocurrency, the emerging cryptocurrency options trading industry is poised to take off. It’s a significant addition to what might be one of the most profitable digital token trading markets, allowing private people and institutional investors to boost their exposure to
Advisors allocated to crypto in client accounts near all-time high levels, while citing limited access and uncertainty as challenges, according to the fifth annual benchmark survey. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the world’s leading crypto index fund manager, and VettaFi, a leading data-driven ETF platform, today released the findings of
Omar Sultan Al Olama, minister of the digital economy in the United Arab Emirates, has said that the Virtual Assets Regulatory Authority (VARA), the country’s virtual assets regulator, has not awarded any operational licenses as of yet. Al Olama allegedly said during the WEF that neither Binance nor FTX, nor
Global policymakers are becoming more concerned about the unpredictability of cryptocurrency markets. IMF officials Nobuyasu Sugimoto, deputy division chief of the division of financial supervision and regulation, and Bo Li, deputy managing director of the IMF, issued a warning on the potential impact of cryptocurrency market volatility on the global
Due to technological difficulties, the European Union has to postpone the implementation of its major new law, the Markets in Crypto Assets Regulation (MiCA). But the final vote won’t happen until April at the earliest. Problems in translating the roughly 400-page document into the 24 official languages of the union.
