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Crypto Spot Trading Falls 40% After Banking Crisis
Crypto Spot Trading Falls 40% After Banking Crisis
May 14, 2023  |  Cryptocurrency

Spot trading on centralized cryptocurrency platforms fell 40% in April following the March banking crisis. That’s according to a recent report by CCData, which tracks the...

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Circle CEO Blames US Financial Risk for Stablecoin Decline
Circle CEO Blames US Financial Risk for Stablecoin Decline
April 26, 2023  |  Cryptocurrency

A shaky American financial market helped lower the value of USD Coin, according to Circle’s CEO. “We are seeing a huge amount of concern globally...

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Crypto Remains Bank Sector Kryptonite as Lenders Turn Firms Away
Crypto Remains Bank Sector Kryptonite as Lenders Turn Firms Away
April 12, 2023  |  Cryptocurrency

Crypto, once the cool kid, is now the one no one wants to play with. A lot has changed over the course of the past...

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FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
March 21, 2023  |  Regulation

Circle is furthering its embrace of regulation by applying for approvals in France. The digital financial technology firm has filed applications in France to become a...

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Banking Crisis Contagion Spreads to Crypto
Banking Crisis Contagion Spreads to Crypto
March 16, 2023  |  Cryptocurrency

Crypto has gone off the rails – quite literally.  Just not in the way industry observers and critics may have first thought or expected. Rather,...

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Circle Investors Redeem $3 Billion in USDC
Circle Investors Redeem $3 Billion in USDC
March 16, 2023  |  Cryptocurrency

Cryptocurrency investors have withdrawn a net $3 billion in Circle’s USDC coin this week. Circle said on its blog Wednesday (March 15) evening that it...

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Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
March 13, 2023  |  Cryptocurrency

There could be greater demand for regulation of stablecoins after USDC briefly lost its dollar peg. Regulators had already been looking at stablecoins, and the...

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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
March 13, 2023  |  Cryptocurrency

The USDC stablecoin has regained its dollar peg after regulators said Silicon Valley Bank depositors would be made whole. USDC had dipped to as low...

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