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Tag: Market Capitalization

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

February 26, 2023 wp-bot Bitcoin News, Blockchain

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered.

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Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

February 25, 2023 wp-bot Bitcoin News

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash

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Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000

February 24, 2023 wp-bot Bitcoin News

This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the

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Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

February 23, 2023 wp-bot Bitcoin News

Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different

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TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

February 23, 2023 wp-bot Bitcoin News

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of

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Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

February 21, 2023 wp-bot Bitcoin News, Blockchain

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower

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