The Role Of Cryptocurrency In Mitigating US Banks’ Deposit Flight And Transforming The Sector

Definitions: Bank deposit flight refers to a situation where a significant amount of funds is withdrawn from bank accounts, resulting in a decrease in the total deposits held by banks. It is characterized by a sudden and substantial outflow of money from customer accounts within a relatively short period of time. Deposit flight can be […] дальше »

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How Blur 'Blended' DeFi and NFTs

Blur's entrance into the NFT space led to a dominant market presence with over 50% trading volume. The platform's Total Value Locked (TVL) experienced growth. With the grand arrival of Blur The post How Blur 'Blended' DeFi and NFTs appeared first on AMBCrypto. дальше »

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Here’s why Shiba Inu, Zcash, Monero, Kava prices just rallied

Cryptocurrency prices had a strong performance during the weekend. Bitcoin price jumped above $26,000, a strong comeback after falling to $24,500 last week. As a result, the total market cap of all cryptocurrencies jumped to over $1. дальше »

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Sotheby’s NFT Sale Fetches $11M as Bankrupt 3AC Liquidates Digital ‘Grails’

Sotheby's sale of Dmitri Cherniak's Ringers #879, along with other NFTs, contributed to a total of nearly $11 million in revenue for bankrupt 3AC. Notably, it became the second-highest generative art sale thus far, underscoring the increasing importance of NFTs in the art market. дальше »

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Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook

Total crypto market capitalization rose nominally with dogecoin (DOGE) leading gains among major tokens. дальше »

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Whale Sold Pepe For $848k After they Bought it For just $58 – Here’s How

In a recent and unexpected development, a crypto address identified as 0x1497 has made a staggering sale of 972. 84 billion $PEPE tokens. The transaction, which took place approximately two hours ago, was made for a total of 514 $ETH, equivalent to $848,000. дальше »

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Pendle’s Rise: Crossing the $100 Million Mark in DeFi

In a significant milestone, Pendle, a decentralized finance (DeFi) protocol, has crossed the $100 million mark in Total Value Locked (TVL). This achievement is not a sudden surge but the result of consistent growth and strategic moves that have been in play for months. дальше »

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Hashflow promises total compensation to users amid $600k exploit

Crypto trading platform Hashflow has announced its commitment to reimbursing users impacted by an exploit that led to the loss of more than $600,000 in digital assets from the platform. дальше »

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Bitcoin's on-chain traffic slows down as...

The daily transaction count witnessed a 35% decline from the previous month. Of the total inflows to the exchanges, the share of whales was just 32% as of 14 June. The hostile U.S. regulatorThe post Bitcoin's on-chain traffic slows down as... appeared first on AMBCrypto. дальше »

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Stablecoins are shaky as USDT shows signs of depeg

As the crypto market’s volatility continues, the total stablecoin market capitalization declined by 0.25% over the past 24 hours, with an average price change of 0.71%.  The downward movement comes after the largest stablecoin by market cap, USDT, shows signs… дальше »

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MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve

The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply. дальше »

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SEC and Binance.US to negotiate deal avoiding total asset freeze

United States District Judge Amy Berman Jackson has ordered the two entities to work toward a compromise.

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Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins

The combined market capitalization of BTC, ETH and stablecoins reached the highest since February 2021, digital asset research firm K33 Research noted. дальше »

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Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

The total value of assets locked (TVL) on Cardano, measured in ADA tokens, crossed the 500 million mark for the first time earlier today, according to data from DeFiLlama. The data show that the ADA token TVL stood at 198. дальше »

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Tether’s Chief Technology Officer Provides Clarity: $1 Billion USDT Minting on Ethereum Intended for Chain Swaps

In a recent development, Tether, the stablecoin issuer, has generated another $1 billion worth of Tether USDT $1. 00 stablecoin on the Ethereum blockchain. This action marks their second billion-dollar mint within a span of two months, adding to the total of over $16 billion minted by the company in 2023. дальше »

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SEC hostilities see Bitcoin dominance spike to 111-week high

Bitcoin’s dominance of the total crypto market cap spiked to 49. 6% – a level not seen since late April 2021 – marking a 111-week high. The period around April 2021 related to the first wave of the previous bull cycle, with BTC peaking at $65,000 by early-April 2021. дальше »

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Whale dormant for 2 years sells $2.3 million BNB

A BNB whale that had remained dormant for two years has sold $2. 3 million worth of their Binance Coin holdings, according to on-chain data shared by blockchain sleuth Lookonchain. Per details in a tweet posted on Monday, the account showed the whale had sold a total of 10,000 BNB today. дальше »

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Recent SEC filing marks 67 altcoins as securities 

The number of coins regarded as securities by the US Securities and Exchange Commission (SEC) is now 67, with a total market value of $100 billion.  The US SEC has now labeled 67 coins as securities following the lawsuits against… дальше »

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Binance Sees $8B in Asset Outflows Following SEC Lawsuit

Data from DeFillama showed that Binance total assets declined by more than $8 billion to $55.95 billion as of press time. The post Binance Sees $8B in Asset Outflows Following SEC Lawsuit appeared first on BeInCrypto. дальше »

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The Metropolitan Museum Of Art To Return $550k Donations It Received From Collapsed FTX

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Gas usage for stablecoins, NFTs on Ethereum continues decline

Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. дальше »

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All about Polygon zkEVM's growth, adoption and more

The total number of depositors on Polygon zkEVM nearly doubled over the past month. Despite its achievements, the network still lagged behind zkSync Era. L2 scaling solution Polygon [MATIC] The post All about Polygon zkEVM's growth, adoption and more appeared first on AMBCrypto. дальше »

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Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin

On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain analytics firm Santiment, these large Tether holders are now carrying a total of $16 billion worth of the stablecoin. дальше »

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OKX Burned $258 Million Worth of Native OKB Token

OKX's recent burning process resulted in a reduction of approximately 5. 5 million OKB tokens, contributing to the overall scarcity of the asset. Since the program's inception, OKX has burned a total of 64 million OKB tokens. дальше »

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Crypto market capitalization decreased by almost 2% in 24 hours

The last 24 hours have not brought any reason for optimism by the participants of the cryptocurrency industry. The fact is that the total capitalization of the industry has decreased by almost 2% over the past 24 hours, as on June 8, 2023. дальше »

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Binance.US pauses OTC trading, removes numerous trading pairs

In a move to streamline its buy, sell & convert service, Binance.US has announced a reduction in the number of supported convert trading pairs, bringing the total to 226.  дальше »

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Health and Fitness App Sweat Economy to Vote on 'Reallocating' 2.5B Inactive Tokens

The 2.5 billion SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September. дальше »

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Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote

There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance Vote to decide the fate of these idle tokens. дальше »

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Binance US users withdraw $78M amid SEC lawsuit and asset freeze concerns

Crypto traders using Binance US withdrew $78. 48 million on June 7 from the embattled platform, according to DeFillama data, despite assurances that their funds were safe. The total value of tokens held by Binance. дальше »

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Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling

The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares. дальше »

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Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends COIN Prices Tumbling

The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares. дальше »

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SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.

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CAKE's May success may not carry into June: Here's why

PancakeSwap’s total volume nearly reached $15 billion in May. Market indicators were bearish and suggested a price decline in June. On 5 June, PancakeSwap [CAKE] posted a tweet that highliThe post CAKE's May success may not carry into June: Here's why appeared first on AMBCrypto. дальше »

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Bitcoin Slips Below $26,000, Triggers Over $300 Million In Liquidations

The cryptocurrency market experienced a significant jolt as Bitcoin, the largest cryptocurrency by market capitalization, slipped below its previously plateaued threshold of $26,000. This downward movement has led to a surge in total liquidations, with traders losing more than $300 million within a span of 24 hours. дальше »

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Binance lawsuit: 10% of crypto market cap now termed 'securities'

The SEC has listed 10 new crypto tokens as “crypto asset securities.” The SEC’s crypto securities ambit now covers tokens worth $100 billion. The total number of cryptocurrencies definThe post Binance lawsuit: 10% of crypto market cap now termed 'securities' appeared first on AMBCrypto. дальше »

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SEC-induced panic saw $53 billion wiped from crypto market

The total crypto market cap fell $53 billion as news of the U. S. Securities and Exchange Commission (SEC) filing against Binance came through. On June 5, the SEC charged Binance, its CEO Changpeng Zhao, and related entities with 13 violations, including wash trading, evasion of regulations, and offering unregistered securities. дальше »

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Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit

Total liquidations have topped $280 million in 12 hours on June 5 as crypto market sentiment has turned more fearful.

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Ethereum staking surges, withdrawals take a breather

Total ETH staked has hit 24.4 million ETH, while withdrawals hit 3.01 million ETH. Deposits and the total number of ETH deposits have been on the rise. The Shapella upgrade brought about a rThe post Ethereum staking surges, withdrawals take a breather appeared first on AMBCrypto. дальше »

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Liquidations surpass $200M in 1 hour after SEC’s Binance lawsuit

The U. S. Securities and Exchange’s (SEC) lawsuit against Binance wiped off over $200 million within one hour from crypto traders who held positions on the market. Following the news, CryptoSlate’s data showed that the total market cap of digital assets declined 2. дальше »

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Best Free Crypto Mining Apps: Unlock the Potential of Crypto Mining With These Top Choices

Did you know that as of August 2021, the total market capitalization of cryptocurrencies was over $2 trillion? With the increasing popularity of digital currencies, many people are searching for ways to earn cryptocurrency without investing a large sum of money. дальше »

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Cardano Sees More DeFi Expansion with MuesliSwap Aggregator's New Integration

This move comes as Cardano overtakes Bitcoin in terms of total value locked (TVL), according to data from DeFiLlama дальше »

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Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M

Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1. 8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily. дальше »

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May NFT thefts total $2.9 million; cause for concern?

NFT thefts amounting to $2. 95 million in May raised concerns about the market's security.   Despite a decline in overall NFT volumes, Blue Chips experienced increased demand. Recent data froThe post May NFT thefts total $2. дальше »

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Ethereum (ETH) Total Fees Fall 16% as Meme Token Mania Recedes

Ethereum (ETH) transaction fees drop 16% as meme token mania recedes дальше »

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Web3 hacks declined in May despite a $19.7m loss

May witnessed a notable decrease in web3 hacks and scams. The total losses reached $19.69 million, marking a significant 79% decline compared to April. According to data released by blockchain analytics and security platform Beosin EagleEye, a significant decline in… дальше »

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CleanSpark purchases new S19 XP bitcoin miners amid crypto winter 

CleanSpark has announced the purchase of 12,500 units of the Antminer S19 XP bitcoin mining machines for a sum of $40.5 million. Once CleanSpark receives a shipment of the miners, its total hash rate is expected to reach 16 eta… дальше »

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Short term crypto outlook turns negative as U.S. passes Debt Ceiling Bill

Quick Take The U. S. House of Representatives passed the Debt Ceiling Bill on June 1. This provision will enable the U. S. government to continue spending indefinitely until January 2025. The total federal debt is projected to increase to $36 trillion from $31 trillion, per The Kobessi Letter. дальше »

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dApp Market Grows 10% in May, DeFi TVL Falls Back 4.3%

In May, the crypto industry showed mixed performance with DeFi experiencing a decrease in total value locked (TVL) but an increase in on-chain activity share. The dapp industry grew, while most blockchains saw regression in TVL. дальше »

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MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply. дальше »

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Here's How Much SHIB, BTC and ETH Gate.io Holds

According to Lookonchain, out of Gate.io's total assets of $1.44 billion, SHIB represents $52 million дальше »

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