Whale Transfers 2,500 Bitcoin (BTC) Worth $62M to Binance
At a current price of $24,720, the profit margin is $11.88M if the asset is sold.Bitcoin is down 4.85% in the last 24 hours as per CMC.During a massive Bitcoin…
Lido Finance Pushes Staked ETH Withdrawal to May Due To Pending Audit
Lido is lagging behind as it prioritizes finishing the V2 audits. It is anticipated that mainnet withdrawals would start in the middle of May.It was revealed on Wednesday by Lido…
USDC Operations Are Redeemed Post Circle Backlog Clearance
Circle team guarantees the removal of backlogs at USDC operations. Post the collapse of SVB, $3.8 billion USDC is redeemed so far.A recent update from the Circle team regarding USDC…
Swiss Central Bank Credit Suisse is in Crisis – What Bitcoin Holds?
Credit to borrow up to $54 billion from the Swiss National Bank. Bitcoin reached a 9-month high of the $26K price range.The inherent nature of the failure of Silicon Valley…
Binance to Move Zero Fee Bitcoin Trading from BUSD to TUSD.
Binance moving its zero-fee BTC trading pairs from BUSD to TUSD.Binance native token BNB price surged about 7.7% in a week.Binance, the world’s largest crypto exchange by trading volume updated…
Decentralized Exchanges Record Massive Sales Volume Surge
This occurs following the weekend de-pegging incident of USDC by Circle.March 11th was the day when Uniswap’s volume was the largest ever, at $11.84B.This past weekend saw a surge in…
Moody’s Lowers the Rating of Signature Bank After its Collapse.
Signature Bank was closed by the state regulators on March 12. Six other U.S. bank ratings are under review to downgrade.Credits rating agency Moody’s downgraded the debt rating of recently…
Bitcoin Analysis — BTC’s Rising Trend Signals Potential Buying Opportunity
BTC price has skyrocketed over the past week.The BTC market sees a bullish rebound with surging Keltner Channel bands.The Bitcoin (BTC) price has skyrocketed over the past week, as a…
Binance To Stop Deposits and Withdrawals in British Pound.
New users will no longer be able to fund their accounts with British Pounds.Current customers would retain access to their British pound funds.Binance, a cryptocurrency exchange, has announced that it…
Meta Plans to Stop Support for NFTs on Facebook and Instagram.
According to Stephane Kasriel, the closure will enable the business to focus on other ways to support creators. Meta is also planning layoffs in the coming months.Just over a year…