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Trading
Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Bitcoin Soars Past $24K to Reach 2-Week High
Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.

Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Staked Ether Adoption
Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program.

BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin.

Cardano Gets 'Valentine' Upgrade: Here’s How it Benefits ADA Token
The ‘Valentine’ upgrade was pushed live on the mainnet in early Asian hours on Wednesday. Native ADA tokens outperformed crypto majors.

NFT Marketplace Blur's Token Reaches $500M Trading Volume After Airdrop
BLUR prices jumped to as much as $5 before falling 85% on Wednesday morning, price trackers show.

Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.

Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
Some 12 trillion VOLT were staked in favor of the token burn proposal.

Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said.

Avalanche Blockchain Had 1,500% Transactional Growth in 2022: Nansen
Such transactional activity came even as the total value of tokens locked on Avalanche-based decentralized finance applications slid from 2021’s $15 billion peak to just over $900 million in November 2022.
