Trading


Markets

Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko

Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.

(slobo/Getty Images)

Markets

Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount

BTC has traded in a narrow range since it dropped sharply last Thursday because Silvergate’s woes have grown increasingly apparent.

Stable Stability Balance (Unsplash)

Markets

Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months

USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.

(Nikhilesh De/CoinDesk)

Technology

DeFi Exchange PancakeSwap to Deploy Version 3 on BNB Smart Chain in April

The project burned $27 million in its CAKE tokens on Monday.

Pancakes (Mae Mu/Unsplash)

Technology

EOS Blockchain Plans Second Innings Ahead of April’s EVM Launch

The EOS Foundation will grant funds to EOS-based applications, among other steps, as the platform gears for a “new life.”

(Shutterstock)

Markets

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.

Binance Logo (Danny Nelson/CoinDesk)

Markets

Bitcoin Long Liquidations Hit Highest Level Since August

Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours.

Bitcoin's long liquidations (Glassnode)

Web3

Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What's Next

Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, taking zero platform fees and building long-term value for traders.

(Blur, modified by CoinDesk)

Markets

Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say

Crypto analysts CoinDesk interviewed are saying concerns are overblown and selling pressure will be limited.

(DALL-E/CoinDesk)

Markets

Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles

That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.

Bitcoin price chart for past 24 hours (CoinDesk/highcharts.com)