USDC market cap below $30 billion, struggles signify crypto turmoil

Key Takeaways USDC’s market cap has dipped from $54 billion to $30 billion in the last eight months The stablecoin has lost market share since March, falling from 32% to 23% Regulatory concerns and the fallout from the SVB collapse have plagued the stablecoin, whose struggles signify the capital flight out of the crypto industry […] The post USDC market cap below $30 billion, struggles signify crypto turmoil appeared first on CoinJournal.

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Crypto banking implodes, financial lifelines hard to find

The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking partners.

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This Tweet Caused $50 Million in Liquidations, But There's Way More Behind It

Only one tweet can cause enormous market turmoil, and it was shared by one of biggest influencers in industry

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Crypto projects raised over $4m despite US banking crisis

As the traditional banking sector is in turmoil, the crypto industry stands firm, raising over $4m through token sales last week

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Crypto Has Just Been Reminded About the Importance of Banks

The collapse of Silicon Valley Bank has topped off a period of unprecedented turmoil. It's given the crypto industry a lot to think about. The post Crypto Has Just Been Reminded About the Importance of Banks appeared first on BeInCrypto.

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Bitcoin Market Capitalization May Travel Through A Golden Trail With These 3 Projects

Amidst the turmoil the crypto industry has been involved in over the past month, the global market capitalization has dropped from the psychological level of $1 trillion; Bitcoin has followed the trend.

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Crypto Bill Seeks To Protect Financial Freedom, Here’s How

Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U.

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Amidst Industry Turmoil Hong Kong Readies To Become Crypto Hub

Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto retail participation in Hong Kong.

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Indonesia Mulls Launching National Crypto Exchange Amid Industry Turmoil

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LBank’s 2022: A year of Challenge and Perseverance

With 2022 almost over, it’s safe to say that we are all glad to leave it behind and face a fresh new year. 2022 has been a year of turmoil and tribulations for the crypto industry.  For LBank, a top 20 global crypto exchange, it certainly has been a significant year of both challenges and … Continued The post LBank’s 2022: A year of Challenge and Perseverance appeared first on BeInCrypto.

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LBank’s 2022: A year of challenge and perseverance

With 2022 almost over, it’s safe to say that we are all glad to leave it behind and face a fresh new year. 2022 has been a year of turmoil and tribulations for the crypto industry. For LBank, a top The post LBank’s 2022: A year of challenge and perseverance appeared first on AMBCrypto.

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Crypto whales are paying close attention to HedgeUp (HDUP), Gmx (GMX) and Polygon (MATIC)

GMX (GMX), HedgeUp (HDUP), and Polygon (MATIC) are some of the projects that appear firm amid the turmoil in the industry.

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Top NFT Volumes Spiked in November, Despite the Negative Market Sentiment

The top NFTs had a spike in trading volume and sales despite the turmoil in the crypto industry due to the FTX collapse. The post Top NFT Volumes Spiked in November, Despite the Negative Market Sentiment appeared first on BeInCrypto.

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Ripple CEO Predicts Crypto Industry Will Become Stronger Because of Current Crisis

Ripple CEO addressed the market turmoil while touting his company's key achievements at the annual Swell conference

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FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for

Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back.

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Binance reassures users by topping up SAFU to $1 billion

The crypto-market turmoil triggered by FTX’s solvency concerns has got the whole industry in a blanket of FUD. Everyone from influencers, traders, and investors are scrambling to take their funds ofThe post Binance reassures users by topping up SAFU to $1 billion appeared first on AMBCrypto.

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UK Minister Proposes Measures to Regulate Crypto Ads, Ban Unauthorized Providers

The measure was welcomed by an industry that had complained U.K. rules would be limited to stablecoins, though it may be affected by ongoing political turmoil in the country.

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Blockchain Can Bridge Consumption to Consciousness in the Jewelry Industry

The Covid-19 pandemic induced economic turmoil did a number on several industries and sectors. In some, it was very well documented and discussed, the most notable being blockchain and stocks. Though it’s worth noting that both had a tremendous run-up…

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Crypto market turmoil highlights risks of leverage in trading

Leverage is widely used in the crypto industry. While leverage has the potential to increase returns, it also amplifies downside risks.

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Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’

The crypto rose despite some turmoil in the industry.

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US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach

Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets.

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Crisis in crypto lending shines light on industry vulnerabilities

Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process.

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Tribalpunk Cryptoverse Token Sees Record Growth After Listing On Pancakeswap

Tribalpunk Cryptoverse successfully listed the project’s governance tokens on Pancakeswap on May 31, 2022, garnering a lot of interest from the community despite the bear market at the time. After severe turmoil, GameFi and the cryptocurrency industry as a whole are presently in a bear market.

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OKX Continues Hiring But BitOasis to Cut Jobs; Crypto Industry’s Disjointed Reactions to Market Turmoil

OKX announced that it will 'continue to hire top talent,' while BitOasis has stated that it has laid off nine staffers owing to the market downturn. The post OKX Continues Hiring But BitOasis to Cut Jobs; Crypto Industry’s Disjointed Reactions to Market Turmoil appeared first on BeInCrypto.

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Crypto execs believe bear market could help filter bad players from industry

Leaders of various blockchain and crypto organizations believe recent turmoil in the digital assets market could help eliminate bad actors from the nascent industry, CNBC reported on May 27. The post Crypto execs believe bear market could help filter bad players from industry appeared first on CryptoSlate.

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Kazakhstan Turmoil Shakes the Country’s BTC Mining Industry

Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wider discontent among the Kazakhstan populace over corruption, income inequality, and unemployment, sparking violent protests against autocratic President Kassym-Jomart Tokayev’s rule.  Kazakhstan’s BitcoinRead More

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UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

Her Majesty’s Treasury in the U. K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil.

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Working in the Cryptocurrency Industry as a Woman

It seems there is a lot of turmoil happening in the world, as the year 2020 keeps giving and giving. From natural disasters, a global pandemic, and race wars and riots, everyone is wondering what will happen next.

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95% Of Altcoins Won’t Thrive During The Next Altseason, Binance CEO Changpeng Zhao Posits

The crypto industry is an interesting space. For a fact, there have been numerous crypto projects that haven’t made it through the market turmoil over the years. Now, one popular figure is of the opinion that most of the existing Altcoins won’t last in the market.

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Coronavirus, the Halving and a Price Drop: Bitcoin Mining Marches On

Despite the global turmoil caused by the coronavirus and a looming reward halving, the Bitcoin mining industry appears optimistic. The post Coronavirus, the Halving and a Price Drop: Bitcoin Mining Marches On appeared first on Bitcoin Magazine.

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Just putting it out there: I still buy MP3s

In this column, “Just putting this out there…,” we write about the odd ways we engage with tech and the unpopular opinions we form about it. One of my biggest sources of inner turmoil is how I consume music: I still buy MP3s.

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Facebook’s Crypto Already Embroiled in Political Turmoil

Facebook Goes Crypto For the longest time, social media giant Facebook has been rumored to be involved in the crypto and blockchain industry. But on Tuesday, these rumors were confirmed to be true with an.

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Top Pertinent, Pressing Things Nobody Talks About Within the Crypto Mining Industry

Despite the crypto market facing a lot of turmoil over the course of the past 12-16 months, the altcoin mining industry has continued to thrive. In this article, we will take a look at some of the most important facets of this sector which crypto enthusiasts ought to be educated about. (i) Crypto Mining is […]

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Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

With global cryptocurrency investors hit by a near 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

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Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

With global cryptocurrency investors hit by a near 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

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Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

CoinSpeaker Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform With global cryptocurrency investors hit by a near 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

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Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

With global cryptocurrency investors hit by a near 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

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Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

With global cryptocurrency investors hit by a nearly 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

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Crypto Week In Review: CFTC Dives Into Ethereum, Coinbase Integrates Paypal

As 2018 comes to close, a number of analysts expected a “Santa Claus” rally, whereas the crypto market would undergo a positive reversal in the holiday season. Yet, the value of Bitcoin, along with the altcoins it reigns over, has continued to suffer.

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Good News as Cryptocurrencies and Traditional Banking Meet

While the cryptocurrency markets are in turmoil, the industry continues to build and move forward with exciting new developments.… The post Good News as Cryptocurrencies and Traditional Banking Meet appeared first on Invest In Blockchain.

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Coinbase Loses Exec To VC Giant Amid Crypto Market Turmoil

Coinbase Loses Chief Policy Officer Mike Lempres  Since its infancy, many have lauded the cryptocurrency industry for catalyzing a so-called “Wall Street (and Silicon Valley) brain drain,” whereas talents from the traditional world have run for the hills — finding solace in the lesser-known, yet growing blockchain space.

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CryptoOracle’s Lou Kerner Says Bitcoin Will Be a Survivor Like Amazon During the Dot-com Bubble

Venture capitalist Lou Kerner from CryptoOracle thinks that Bitcoin will come out victorious from the current turmoil in the cryptocurrency industry. He said that people who have held on to Bitcoin over a two-year period have always been rewarded.

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Venezuela Formally Releases Petro, Will It Aid the Country’s Economic Recovery?

Venezuela’s oil-backed cryptocurrency, the Petro, will be released to the global markets this Monday, marking one of the first cryptocurrencies in the industry to be created and administered by a government.

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Could Bitcoin Price Possibly Bottom to $3k ? Industry Experts Speaks

With the cryptocurrency market in the midst of a long bearish period, and with interest seemingly waning, crypto investors and enthusiasts are in turmoil. Recently Amani Hughes and Expresss. uk gathered the opinions of cryptocurrency experts on just how low the overall market cap may sink.

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Chinese Crypto Startup to Offer Custody Service Amid Regulatory Turmoil

Long story short, China’s leading regulatory bodies have recently begun their second crusade against the propagation of crypto assets, imposing a series of harsh rules, laws and advisory messages in a bid to curb the growth of this industry.

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Cryptocurrency Enthusiasts in Africa Need to Understand the Industry Before Investing

More and more investors in Africa are hopping on the Bitcoin bandwagon. However, they need to ensure that they are aware of what decentralization actually means when it comes to investing.   Africa is a continent rich in diversity, natural resources, beautiful landscapes, and common occurrences of political turmoil.

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

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