Cryptocurrencies seem to have resisted exceptionally well the closure of Silicon Valley Bank, with the exception of the USD Coin (USDC) stablecoin, which since the bank’s collapse has suffered an outf...
Tag: USD
FNCT (Financie Token) Exceeds JPY 20 billion (USD 150 million) in IEO Applications – Press release Bitcoin News
press release PRESS RELEASE. Trading available on Coincheck (exchange) from March 16 〜 FNCT (Financie Token) main page: https://fnct.xyz Financie, Inc. (Headquarters: Shibuya-ku, Tokyo, CEO: Hironao K...
Crypto: USDC back to parity with USD
At last yesterday the cryptocurrency USDC returned to the value of $1. USDC is a stablecoin crypto token, whose value in theory should always remain in line with the underlying. Indeed, its underlying...
USD vs Rupee forecast ahead of US inflation data
The USD/INR price continued rising on Tuesday as the US dollar index (DXY) staged a comeback ahead of the upcoming US consumer inflation (CPI) data. It jumped to a high of 82.42, the highest level sin...
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits – Bitcoin News
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statemen...
OKCoin pauses USD deposits following Signature Bank collapse
Crypto exchange OKCoin has halted U.S. dollar wire deposits in response to Signature Bank’s collapse while adding that the company had zero exposure to Silicon Valley Bank (SVB). OKCoin reacts to Sign...
Okcoin suspends USD deposits in wake of Signature Bank closure
According to a March 13 tweet by Okcoin CEO Hong Fang, the U.S. affiliate of cryptocurrency exchange OKX had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Fong stated that ...
Convert USD to BTC with Visa / Mastercard on BestChange: The Premier Exchanger Directory for Cryptocurrencies and E-Currencies
BestChange is the trusted and most reliable exchanger monitor. It is proud to offer a convenient and secure way to exchange USD for BTC with a Visa/Mastercard. In June 2022, the exchange turned 15 yea...
OkCoin Exchange USD Deposits Halted
Arman Shirinyan Exchange from 2013 halts deposits, causing some concerns among its users OkCoin, a cryptocurrency exchange that has been around since 2013, recently announced that it has halted USD de...
Top Stablecoins Flirt With USD Peg After Crashing to All-Time Lows
Circle’s USDC and other stablecoins are still struggling to return to their US dollar peg after collapsing over the weekend in response to a spate of crypto bank failures. USDC was trading at under $0...
Smart Money Investors Remain Skittish Over USD Coin (USDC)
Analyst Andrew T tweeted that smart money investors are still staying away from USDC. The tweet added that USDC’s recent re-peg was mainly retail driven. USDC’s price has recovered 3.27% over the last...
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The panic caused due to USD Coin’s (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), albeit for several minutes. Bitcoin price sees...
FTM Has Broken Out of the Downtrend on Its BTC and USD Pairings
The crypto trader Bluntz shared that FTM has broken out of its downtrend. Bluntz stated that there is a big clear 3 wave move down present on FTM’s chart. FTM’s price has risen more than 15% over the ...
Crypto: Journey to hell for USD Coin (USDC)
Saturday 11 March 2023 began a kind of journey to hell for the crypto USDC (USD Coin). Actually USDC is not a cryptocurrency in the strict sense, but a crypto token that represents the US dollar on so...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement – Bitcoin News
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the ...
Will USDC Crash? USD Coin trading at a 10% Discount!
The cryptocurrency market started crashing again earlier this week, as Bitcoin broke its support price of 20K. The total crypto market cap slipped below $1 trillion and panic spread quickly. Many cryp...
Huobi To Create $100M USD Liquidity Fund
Singapore, Singapore, 10th March, 2023, Chainwire Huobi has announced a $100 million Liquidity Fund with the aim of enhancing currency liquidity across several markets. The purpose of this action is t...
$3 Million Worth Tether USD (USDT) Account Has Just Been Frozen, What’s Going On?
Gamza Khanzadaev Here’s why account with $3 million worth Tether USD (USDT) may have just been frozen According to Whale Alert, another address on the TRON network was frozen today, containing U...
Silvergate troubles affecting crypto’s USD market depth
Ad Crypto’s US Dollar market depth has significantly dropped over the past month following Silvergate’s struggles, according to Kaiko data. US exchanges are becoming less liquid. Kaiko said U.S.-based...
Terra Classic USD (USTC) up 12% as Binance Adds New Stablecoin Trading Pair
Gamza Khanzadaev Terra Classic USD (USTC) can now be traded against Tether’s USDT on this major crypto exchange Disclaimer: The opinion expressed here is not investment advice – it is provided f...
Bybit, Mastercard Launch Crypto Debit Card Following Suspension Of USD Transfers
Bybit has introduced a debit card that can be used on the Mastercard network and would deduct cryptocurrency holdings from accounts when making purchases. The launch of Bybit’s virtual and physical de...
Bybit Halts USD transfers as Silvergate Exchange Network Ceased
Bybit announced the suspension of USD bank transfers via bank or wire transfers. Without naming the partner, the fourth-largest crypto exchange in the world by volume was announced via a blog post, ci...
Bitcoin and Ethereum: performance price USD
We analyze the price of the two digital currencies responsible alone for more than 600 billion USD in investments: Bitcoin and Ethereum. Bitcoin and Ethereum: USD price analysis A close look at the do...
Cutting Off Access To USD For Crypto Firms Is Deliberate, Matrixport
Last week, news quickly circulated that Silvergate Bank, a crypto-friendly bank, was in hot water and had to stop offering USD services to its around 1,600 crypto customers. This obviously had a signi...
Will SOFI Stock (NASDAQ: SOFI) touch USD 8.00?
SOFI Technologies is an American online personal finance company known for providing financial loans. The stock has faced headwinds in the last 15 days, corrected over 20% from the top. Recently, SOFI...
Bybit introduces Mastercard-powered debit card days after halting USD transfers
Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings. The Bybit Card will operate on the Mastercard network and will ...
Crypto Exchange Bybit Suspends USD Deposits
Bybit’s move comes a month after Binance, the world’s largest digital assets exchange by trading volume, halted dollar transfers and amid a crisis at Silverage, a California-based lender f...
Bybit Suspends USD Bank Transfers, Cites Partner Bank Outage
Dubai-based cryptocurrency exchange Bybit has announced that it is suspending USD deposits and withdrawals through bank transfers from the 10th of March, 2023. The world’s fourth-largest cryptocurren...
Bybit follows Binance, suspends USD SWIFT and wire transfers
Bybit has just joined the growing list of exchanges suspending USD transfers. Bybit to no longer support USD deposits Bybit recently announced that USD deposits through Wire Transfer (for US banks) an...
Bybit halts USD bank transfers citing partner outages
Dubai-based crypto exchange Bybit has suspended United States dollar deposits via bank transfers in response to “service outages from a partner.” Funds can be withdrawn through wire transfers until Ma...
Bybit Pauses USD Deposits as US Crackdowns on Crypto Firms
The crypto exchange Bybit has paused US Dollar (USD) deposits due to “service outages” from partners. Is it the latest victim of Operation Choke Point? Bybit exchange announced the suspension of USD p...