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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)

Фінанси

Coinbase Acquires One River Digital Asset Management

The crypto exchange is expanding its move beyond the core business of retail trading.

Bitcoin ETF net inflows approach $1B (Shutterstock)

Відео

Bitcoin’s Worsening Liquidity Draws Concerns From Traders: Data

Data from blockchain analytics firm Kaiko shows that liquidity is worsening for bitcoin, with order-book depth hitting lower levels than were seen following the collapse of FTX. In the meantime, Kaiko notes that Coinbase volumes have seen a rise in interest in altcoins at the expense of bitcoin and ether. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Відео

Bitcoin Holds Above $23K Amid Silvergate Exodus

Bitcoin is trading at around $23,400, as the largest token by market capitalization remains relatively unfazed by a number of crypto firms, including Coinbase and Paxos, ending their relationship with crypto-focused bank Silvergate. VanEck Head of Digital Assets Research Matthew Sigel joins "All About Bitcoin" with his reaction to the latest developments and why it resembles "friction between crypto on-ramps and off-ramps."

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Фінанси

Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank

Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.

Casa central de Silvergate Bank. (CoinDesk)

Відео

Slew of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank

A growing group of crypto firms is ending its relationship with crypto-focused bank Silvergate, after the bank delayed its 10K filing and said there were concerns about its ability to continue as a "going concern." "The Hash" panel discusses the outlook for Silvergate and how its next moves could impact the crypto industry at large.

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Відео

Top U.S. Treasury Official Weighs In on Digital Dollar Question

The U.S. Treasury Department's Undersecretary for Domestic Finance Nellie Liang suggested that the federal government's work on a potential digital dollar is accelerating. CoinDesk Executive Director of Global Content Emily Parker discusses the key takeaways from Liang's speech and the state of regulatory uncertainty in the U.S. Plus, a new Coinbase survey of over 2,000 American adults suggests 20% own crypto and the vast majority see an urgent need to update the financial system.

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Фінанси

Host of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank

Coinbase's change is specific to banking in U.S. dollars and doesn't affect payment instructions in pounds or euros.

(Unsplash)

Фінанси

Coinbase quitó a BUSD de sus cotizaciones por temas de liquidez, según el CEO del exchange

La compañía ya había dicho que tomaron esa decisión porque BUSD no cumplía con los estándares, aunque no había dado más detalles.

(Robert Nickelsberg/Getty Images)