Trading


Markets

Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months

The largest cryptocurrency was trading at just over $24,700 during the Asian morning hours on Tuesday.

(Getty Images)

Markets

Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too

Investment banking giant Goldman Sachs analysts have predicted the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.

(Timon Studler/Unsplash)

Finance

HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound

Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.

(Provided)

Markets

Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens

Binance tapped into its Industry Recovery Initiative funds to cover the move.

(Danny Nelson/CoinDesk)

Markets

USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve

Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.

(vlastas/iStock)

Markets

Bitcoin, Ether Retrace Weekend Losses as Bears See $183M in Short Liquidations

Markets jumped amid respite from the U.S. government and USD coin issuer Circle.

Shorts saw over $183 million in liquidations in the past 24 hours. (Coinglass)

Markets

Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears

Some traders are signaling strength for USD coin, citing its treasury backing in U.S.-issued bonds.

Bear and bull (Pixabay)

Markets

Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents

Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.

(Nicholas Cappello/Unsplash)

Markets

Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown

Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at now-failed Silicon Valley Bank.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Markets

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.

(Sandali Handagama/ CoinDesk)

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