By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data MEV Capital uses options contracts issued by crypto derivatives specialist OrBit Markets to hedge liquidity providers’ positions.Publish at: March 15, 2023 at 01:00PM
DeFi-Focused Asset Manager MEV Capital Offers Uniswap Hedging Strategy
First Mover Americas: Bitcoin Falls Back to Below $25K
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: March 15, 2023 at 12:26PM
Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms Cumberland and GSR Markets over the weekend.Publish at: March 15, 2023 at 12:18PM
Bitcoin Options Market Still Afraid of USDC Volatility
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The options market is still valuing options that settle in the underlying rather than in USDC at a relative premium due to a continued concern of a further depeg, one observer said.Publish at: March 15, 2023 at 12:01PM
MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Profits made from MEV were more than twice as high as the last peak during the FTX implosion.Publish at: March 15, 2023 at 11:30AM
Bitcoin Isn’t Trading as a Currency, but as a Speculative Asset: Morgan Stanley
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.Publish at: March 15, 2023 at 11:27AM
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash.Publish at: March […]
Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The previous high of $24.3 billion occurred in May 2021, when bitcoin was worth roughly $65,000 and ether $4,400.Publish at: March 15, 2023 at 10:42AM
Australia’s Treasury and Reserve Bank Held Consultations With Coinbase, Others: Report
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Australia’s central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation.Publish at: March 15, 2023 at 10:11AM
KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.Publish at: March 15, 2023 at 10:00AM
