Tag: COIN:OPUSD
-
Crypto this Tuesday: Chase UK Bans Crypto Transactions, Coinbase Registers with Bank of Spain, and more
Study reveals only 3% of crypto professionals receive salaries in cryptocurrencies According to a study by Pantera Capital, 97% of professionals in the crypto industry receive their salaries in fiat currencies, while only 3% are paid in cryptocurrencies. The majority of crypto earners opt for stablecoins like USDC and USDT, with 13% choosing bitcoin. Cryptography engineers have…
-
Crypto This Thursday: Mt. Gox Delay Shakes Crypto Market, Venmo Implements PYUSD, and More
Delay in Mt. Gox settlement impacts crypto market Bitcoin (COIN:BTCUSD), Ethereum (COIN:ETHUSD), and other altcoins such as BNB (COIN:BNBUSD), XRP (COIN:XRPUSD) faced declines, following the decision of bankrupt cryptocurrency exchange Mt. Gox to extend the deadline for their payments until October 31, 2024. Some investors anticipated that this movement could reverberate through the market, with…
-
Crypto This Tuesday: TON and CANTO Jumped On The Week, USDC Expanded on Polkadot, and More
Circle launches USDC stablecoin on Polkadot ecosystem Stablecoin issuer Circle has introduced USDC (COIN:USDCUSD), a dollar-backed stablecoin, to the Polkadot ecosystem, expanding its presence on new blockchains. Polkadot is a platform that integrates specific blockchains, known as parachains. The native version of USDC has been launched on Polkadot Asset Hub, facilitating its transfer between parachains. Thus, all blockchains…
-
Crypto This Thursday: Bruce Lee into the Metaverse, Optimism trumps Arbitrum, and more
Bitcoin and Ether futures contracts on CME draw record participation from major traders In the second quarter, regulated bitcoin ( COIN:BTCUSD ) and ether ( COIN:ETHUSD ) futures on the Chicago Mercantile Exchange (CME) saw record participation from large traders. The average of large open interest holders for Bitcoin futures was 107, while for Ether it was 62. Institutional interest…
-
Crypto This Monday: UK Regulates Cryptocurrencies In Law, Etherscan Embraces AI, And More
UK passes bill to regulate cryptocurrencies UK MPs have passed a bill that could regulate cryptocurrency as an activity in the country. The Financial Services and Markets Bill has passed the House of Lords and will move into the final stages before becoming law. The bill, more than 340 pages long, seeks to give regulators greater control…