Crypto Swap Guide: How to Easily Exchange Cryptocurrencies
People are flocking to digital currencies like never before, with Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies gaining widespread attention and adoption. In fact, the appeal of these futuristic currencies is only growing stronger, with users eagerly exploring the potential of these assets, and traders finding new and exciting ways to profit from their volatility. […]
Crypto Industry Separates Itself From Silvergate Bank
Several cryptocurrency companies have at least temporarily ceased accepting deposits made through Silvergate Bank. Notably, Gemini announced that it no longer accepts wire transfers or ACH deposits made through Silvergate Bank. It indicated that it is “actively monitoring the issue” and has no customer or GUSD cash kept with Silvergate. In a blog post, Bitstamp […]
Crypto hedge fund DACM searches for new banking partners
After fintech bank Silvergate lost five cryptocurrency partners on March second, crypto hedge fund Digital Asset Capital Management (DACM is searching for new banking partners in Switzerland. Most well-known cryptocurrency companies, including Coinbase, Paxos, Gemini, BitStamp, and Galaxy Digital, used Silvergate as their banking partner. An alternative banking partner has now become necessary for a […]
BUSD market cap falls below $10B
For the first time in almost two years, Binance’s USD (BUSD) market cap has dropped below $10 billion from its all-time high of $23.49 billion, set on Nov. 15, 2022. Binance Due to a scheduled delisting from a major cryptocurrency exchange and a legal crackdown on its token issuer in the United States, USD’s market […]
Celsius resumes withdrawals for Custody customers
Approximately 263 days after the lender froze withdrawals in the run-up to its bankruptcy filing, some Celsius custody customers have reportedly been able to withdraw money from the cryptocurrency company. As of March 2, some customers who had money in Celsius’ Custody accounts have reportedly been thrilled to finally be able to get their money […]