From the infamous Black Thursday in March of 2020 to the big $1 trillion wipe in May of 2021 and the latest Terra - 3AC - Celsius contagion, which led to the biggest crash this year, market crashes create headaches and lead to stress in CeFi and DeFi alike.
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Crypto Markets Lost $50B Daily as Bitcoin Sharply Rejected at $25K (Market Watch)Shiba Inu is the only larger-cap alt in the green, while BTC, ETH, BNB, SOL, and many other are deep in the red zone now.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Crypto Rules Crackdown Looms for $150 Billion Stablecoin MarketAs crypto’s most traded tokens, stablecoins like Tether and Circle have ballooned in circulation under a relatively light-touch regulatory regime. That’s about to change Tether is the most traded one. USDC with only $6B trading volume is totally not. Tether has always had high circulation, unlike Circle. The popularity of Tether is not something surprising, it was inevitable.
Source: markets - 🏆 324. / 59 Read more »