Shiba Inu Prices Briefly Dropped 50% on Coinbase
The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts.
The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts.
As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.
Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week.
The surging implied volatility has boosted the allure of “call overwriting” strategies that allow investors to generate additional yield on top of their spot market holdings.
For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.
Ether also hit a new milestone, recording its highest price since January 2022.
The cryptocurrency hit an all-time high against the euro on Monday and is nearing a record in U.S. dollar terms.
Despite years-long scrutiny over Tether’s stability, USDT saw a rapid resurgence in 2023 benefiting from its close competitors’ troubles.
The much-debated crypto firm hired an experienced Wall Street hand who handled regulatory policy in his last job and also worked for Goldman Sachs and Fidelity.
Two executives of the exchange were detained last week on arrival in the country.