Tether USDT’s market share rises 20%, reaching 75% in two years
The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
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Coronavirus & 3 Technical Reasons Why Bitcoin Price Broke Below $9.4K
Bitcoin price (BTC) dropped another 3.07% on Feb. 25, marking the second day of losses as global equities markets sharply corrected on fears of the Coronavirus spreading to more countries.Crypto market daily price chart. Source: Coin360Tweezer tops show supports becoming levels of resistanceThe price dropped below what analysts have labeled as crucial support at $9,450-$9,400…

Nasdaq wants to launch a Bitcoin index options, seeks SEC approval
Options would allow institutional investors to hedge risks and traders to amplify their buying power.

Research Firm Messari CEO: Threatening Calls After Critical XRP Report Were Made by ‘Punk Kids’
Ryan Selkis, the CEO of cryptocurrency analytics firm Messari, has allegedly received threats after his company published a critical analysis of Ripple (XRP) cryptocurrency. Selkis made this claim in a tweet posted on Jan. 24.Research firm Messari published a report on Jan. 24, claiming that the market capitalization of XRP is likely overvalued by $6.1…

Rising institutional interest is a ‘bullish’ sign for crypto: SEBA Bank exec
SEBA Bank exec Nasha Afshar believes that the question of institutions getting into crypto has shifted from "if" to "when," indicating growing confidence in the industry. As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather…

UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report
The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far.A local law firm reveals the dataAccording to London-based law firm Pinsent Masons’ data, the number of the FCA’s investigations into cryptocurrency businesses has surged from 50 cases in 2018 to 87 cases…

Rain exchange attacker address starts laundering ETH through Tornado Cash
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.

Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?
Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing. A project called JamaiCoin claims that six businesses are experimenting with its cryptocurrency as a protest against the US dollar, while separately another business…

Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.