The bitcoin exchange rate has exceeded $28.000 and has updated the maximum since June 11, 2022. According to CoinGecko, on the evening of March 19, the value of the first cryptocurrency reached $28,509. Over the past 24 hours, the price of BTC has increased by 2%. The market capitalization of the first cryptocurrency is $535...
The head of the Huobi crypto exchange, Justin Sun, explained the collapse of the exchange rate of the native token HT exchange by 93% with “market behavior”. On the night of March 9-10, the cryptocurrency fell in price from $4.6 to $0.31 in ten minutes, after which it recovered to $3.87. According to CoinGecko, the...
The supply of Binance stablecoin (BUSD) has decreased by $5 billion in 2 weeks. Since February 13, the market capitalization of the asset has decreased by 32%, from $16.1 billion to $10.97 billion, according to CoinMarketCap. On February 13, it became known that the New York State Department of Financial Services (NYDFS) ordered the BUSD...
Investing in cryptocurrencies has been gaining popularity over the past few years. And if you’re ready to add digital assets to your portfolio, using a cryptocurrency exchange is one of the easiest and safest ways to get started. But there is a wide variety between the best cryptocurrency exchanges. Some exchanges are great for beginners,...
The price of Bitcoin has reached a new 2023 high of $25,000 after surging over much of January. The last time Bitcoin’s price was around $25,000 was around mid-June, on its way down to between $19,000 and $21,000, where it then hovered for several months, according to data from CoinGecko. The price of BTC then...
The share of Tether (USDT) in the stablecoin market exceeded 51% for the first time since May 2022. This past weekend, February 11-12, this figure reached 51.07%, and by February 13 it was 51.31%, according to CoinGecko. In second place is USD Coin (USDC) – it occupies 30.64% of the market, Binance USD (BUSD) accounts...
According to the Dune analytical platform, on February 13, the outflow of funds from the Binance crypto exchange amounted to $916 million. This was the largest outflow of funds in one day since November 24 last year, when assets worth $1 billion were withdrawn from Binance. Withdrawals by exchange users on February 13 follow an...
Tesla lost more than USD 140 million last year betting on Bitcoin, according to a filing Monday with the U.S. Securities and Exchange Commission. The electric car maker was hit with a USD 204 million depreciation penalty after receiving USD 64 million for Bitcoin conversions in 2022. In the first quarter of 2021, Tesla invested...
The MVIS Global Digital Assets Mining Index, which includes data on the top 20 Bitcoin miners including Riot Blockchain, Galaxy Digital, Bitfarms and Iris Energy, has grown by 64% since the beginning of January 2023. This month, the indicator showed the largest increase since its inception in December 2021, according to Bloomberg. At the same...
Overview Asset tokenization refers to implementations of the blockchain that create tokens for financial and real-world assets ranging from equity, bonds and funds to art, real estate, commodities and patents. According to a new report from Boston Consulting Group (BCG) and ADDX, asset tokenization will reach USD 16 trillion by 2030, or 10% of global...
