Decentralized liquidity provision protocol Synthetix (SNX) is among the top-performing altcoins today following the announcement of a major milestone. SNX token is up by 30.72% at the time of writing and is changing hands at
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Arthur Hayes is ready for bull market following collapse of 18th largest bank in US Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX, recently shared his optimistic outlook on the cryptocurrency market. In a tweet,
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Binance, one of world's largest cryptocurrency exchanges, has announced conversion of remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurrencies like BTC, BNB and ETH Binance, one of the world's largest
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Jeremy Allaire assured investors of safety of their funds amid SVB chaos After almost a week of turmoil, Jeremy Allaire, the chief executive officer (CEO) of USDC stablecoin issuer Circle, said the firm is set to resume
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Ripple CEO Brad Garlinghouse clarified the company's position on its exposure to Silicon Valley Bank (SVB), confirming that his company had some exposure to SVB as a banking partner Ripple CEO Brad Garlinghouse took to
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The recent crisis surrounding Circle's USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, according to an analysis by Twitter user Byzantine General. The analysis suggests that people have resorted to buying Bitcoin and shorting
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Ripple CTO David Schwartz, in response to questions on whether the company had exposure to the collapsed SVB, says an official statement will soon be issued. He refrains from saying anything until a statement is
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Former director of developer relations at Ripple, Matt Hamilton, stated that XRP Ledger was the first blockchain to support what are now commonly referred to as stablecoins. Hamilton's remarks came at a time of heated
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Following the storm in the stablecoin sector in recent days, Djed, the stablecoin developed by COTI on Cardano, has gained a premium over the rest of the market and at one point was even trading
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XRP has been in a downtrend for the last few weeks, moving in a descending channel. However, the asset has now reached a pivotal support level that could determine its next move. If XRP breaks
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