Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months

Circle, the company behind the USDC stablecoin unveiled three new APIs for businesses on March 10. The new developer tools are aimed to help traditional businesses use USDC as a replacement to traditional fiat channels.The new APIs target “any business or internet commerce service,” signaling the company’s intention to move outside of the immediate cryptocurrency…

El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC.

VCTRADE, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21.The announcement further notes that the exchange — which was launched in July — is considering adding Bitcoin Cash (BCH) deposits after…

Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK. 449 Total views 2 Total shares A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating in the United…

A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at $1.13 trillion. According to two derivative metrics, crypto bulls will have a hard time to break the downtrend, even though analyzing a shorter timeframe provides a neutral view…

Big Four auditing firm Ernst & Young (EY) has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on April 16.EY has launched the second generation of its analytics tool EY Blockchain Analyzer. While the first…

Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.

The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs. 94 Total views 1 Total shares The International Monetary Fund (IMF) has presented the outlines of a “new class” of cross-border payment system that provides but does not require a single ledger to record central bank digital currency (CBDC) transactions,…