On March 21, the Fear and Greed index in the cryptocurrency market reached 68 points for the first time in 16 months. The last time the indicator exceeded this value was on November 16, 2021, after Bitcoin set an all-time high at $69,000. On that day, the index was at around 71 points. The Fear...
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 rates of USD Coin and DAI stablecoins began to restore their binding to the US dollar. The cost of USDC, which fell to $0.87 on March 11, rose to the levels of $0.98–0.99 on March 13, the DAI token, after falling to $0.88, also rose in price to $0.98–0.99. The USD Coin and DAI...
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 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 This was the largest outflow of funds in one day since November 24 last year, when assets worth $1 billion were withdrawn from Binance.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...
Wirex has signed a long-term partnership with Visa, which will allow it to issue crypto-enabled debit cards in the UK and in a further 40 countries. The strategic partnership between Wirex and Visa is likely to bring more collaboration as the Visa network can open doors for Wirex in Europe, USA, and in the Asia-Pacific...
Shares of BIT Mining (BTCM) on the New York Stock Exchange (NYSE) rose 106% from USD 2.11 to USD 4.36 per share after the company announced the release of new LD3 mining devices on Twitter on 10 January. On 17 January, hardware manufacturer BIT Mining announced on its blog that the production of these devices...
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...
