Stablecoin market cap surpasses $200B as USDC dominance rises

Bitcoin (BTC) spent a second day threatening $20,000 support on Sept. 15 as markets processed the Ethereum (ET Merge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC stuck between price magnets'Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below $20,000 again overnight to recover marginally above the boundary for a brief period.The largest cryptocurrency broadly failed…

Experienced traders learn from the lessons of the past and develop specific trading rules to avoid making the same mistakes twice. They stick to their rules, no matter how much temptation there is to violate them. Everyone has a different list - here are some of mine, which I keep posted next to my screen…

The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes before the end of 2023.This news has boosted the U.S. dollar index DXY to its best level since…

Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.Most crypto assets in the global market have substantially surged in value in the past weekSource: coin360.ioMajor crypto assets such as ether…

A Spanish research team of more than 100 people is developing an app that uses AI and blockchain to predict the evolution of the COVID-19 pandemic and to help manage lockdown measures.The app, which has the support of the Institute of Biomedical Research of Salamanca and the Artificial Intelligent Research Institute, is currently at proof-of-concept…

With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate. 579 Total views 6 Total shares Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhale levels close byData from Cointelegraph Markets Pro and…

The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price.“So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO of alternative investment firm Wilshire Phoenix told Cointelegraph as part of an explanation of the Fed’s recent actions.What’s going…

U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has said that crypto needs a “do no harm” approach from regulators to flourish, in an interview at the annual Singapore Summit today, Friday 14.Chairman Giancarlo said he took the precedent from the early days of the Internet, which he argued was able to develop…

The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.