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Markets
Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.
First Mover Americas: Paxos Acts on Regulator Threat
The latest price moves in crypto markets in context for Feb. 13, 2023.
BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
As per a WSJ report on Sunday, the US Securities and Exchange Commission (SEC) alleges that BUSD is an unregistered security.
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
The exploiter may be earning returns on staked cryptocurrency.
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
The decentralized exchange product has gained a loyal community of users in the past few months.
Crypto Markets Analysis: Cryptos Upswing Stalls This Week Amid Fresh Regulatory Concerns
Bitcoin and ether decoupled from traditional assets as the crypto industry’s main narrative shifted from macroeconomic uncertainty to the SEC’s agreement with exchange giant Kraken and the possibility of new regulation.
First Mover Americas: Kraken's SEC Settlement Sends Crypto Markets Tumbling
The latest price moves in crypto markets in context for Feb. 10, 2023.
Long Traders Bear Brunt as Bitcoin, Ether Slide Spurs $220M in Liquidations
Over 90% of all liquidated positions originated from traders betting on even higher prices.
Crypto Markets Analysis: Crypto Trades Lower as Regulatory Concerns Trump Encouraging Macro Signs
The announcement that Kraken had agreed to “immediately" end its crypto staking-as-a-service platform for U.S. customers and to pay $30 million to settle SEC charges roiled markets.
Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC
The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.
