Tether market cap surpasses $40B, growing 10x over 12 months
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow. Go to Source Powered by WPeMatico
Cryptocurrencies
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Bank of International Settlements head says cryptos require more regulation
Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance. Go to Source Powered by WPeMatico
Wirex halts UK signups after consultation with financial regulator
Wirex has temporarily halted signing up new U.K. customers following what it called “constructive dialogue” with the Financial Conduct Authority. Go to Source Powered by WPeMatico
Blockchain.com raises $300M in crypto industry’s third-largest capital raise
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation. Go to Source Powered by WPeMatico
Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. Go to Source Powered by WPeMatico
Analysts still ‘bullish on April’ despite Bitcoin price drop to $54K
Pro traders and analysts view Bitcoin’s dip below $54,000 as another bullish buy-the-dip opportunity. Go to Source Powered by WPeMatico
Crypto Exchange FTX on the Verge of Winning Naming Rights for the Miami Heat’s Arena
Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to Get $5 Million a Year According to … Read more
Coinbase listing effect reemerges as Ankr, Curve (CRV) and Storj rally
Ankr, Curve and Storj each saw double-digit rallies shortly after Coinbase announced plans to list each token this week. Go to Source Powered by WPeMatico
Gambling tokens hit the jackpot as COVID-19 lockdowns drag on
Blockchain gambling and gaming projects have seen their token prices triple as the COVID-19 lockdowns alter the nature of entertainment. Go to Source Powered by WPeMatico
Institutional managers hold a record $57B worth of crypto, according to CoinShares
Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. Go to Source Powered by WPeMatico