By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange said in a tweet Monday.Publish at: February 27, 2023 at 04:35PM
Coinbase to Suspend Binance USD Stablecoin, Saying It Doesn’t Meet Listing Standards
Crypto Lender Vauld Gets Further Extension for Restructuring Plan
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28.Publish at: February 27, 2023 at 03:21PM
STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data I suspect traders are betting that there isn’t a follow-up to Bitcoin NFTs and this is more of a flash in the pan, one analyst said.Publish at: February 27, 2023 at 02:42PM
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle.Publish at: February 27, 2023 at 02:34PM
Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Illinois is trying to follow in New York’s crypto footsteps with a new oversight regime, according to David DeCarlo, Illinois’ first regulatory innovation officer, who is among the prominent advocates for the plan now being shepherded through the state legislature.Publish at: February 27, 2023 at 02:00PM
Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The operator of Israel’s public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform.Publish at: February 27, 2023 at 01:35PM
First Mover Americas: Betting Against Bitcoin Was Popular Move Last Week
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 Feb. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: February 27, 2023 at 01:12PM
Cryptocurrencies Resilient Despite Weaker Equity Markets, Increased Regulatory Activity: Citi
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, the report said.Publish at: February 27, 2023 at 12:08PM
Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The price of Stacks’ native STX token has doubled in two weeks on the back of strong growth for Bitcoin-based non-fungible tokens.Publish at: February 27, 2023 at 11:26AM
Short-Bitcoin Funds Record $10M in Weekly Inflows: CoinShares
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A “short” position in financial markets is a bet on a price decline.Publish at: February 27, 2023 at 11:18AM