As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury
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On-chain metrics for Ethereum noted that a two-year high on the ‘Number of addresses in loss’ was breached on 7 May. The NFT hype has been dying down as reports suggested a major downtrend in
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KuCoin has announced raising $150 million pre-Series B funding round led by Jump Crypto. The event also saw the participation of Circle Ventures, IDG Capital, and Matrix Partners. The exchange’s valuation jumped to $10 billion
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Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the
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Holding of at least 1 BTC has marked new all-time high of 836,922 On-Chain Analytics Company Data glass knot indicates a significant increase in the number of Bitcoin addresses holding more than 1 BTC. Holding
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Dogecoin's profitability is still on a decent level despite most recent market turmoil The first memecoin in the cryptocurrency market, Dogecoin, is showing a decent level of profitability despite the correction in the cryptocurrency market.
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Several top exchanges and anonymous wallets have transferred close to 680 million XRP; almost half of it was moved in a single chunk A staggering 678.5 million XRP tokens have been transferred by major crypto
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On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical
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MicroStrategy took out a $205 million Bitcoin-collateralized loan with Silvergate Bank to purchase more Bitcoin According to MicroStrategy CEO Michael Saylor, Bitcoin may need to dip below $3,562 so it can provide more collateral for
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Large transaction peaks are often associated with increased activity of institutional players Per IntoTheBlock data, Shiba Inu whales have been increasingly active in the previous 24 hours, with a 261% increase in large transactions. Large
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