CryptoSlate Wrapped Each day: Extra Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’ 17 hours in the past · 4 min learn Supply hyperlink
Volatility
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Bitcoin NewsNews
Hong Kong believes stablecoin volatility can spillover to conventional finance
by Jeremyby JeremyThe HKMA evaluation on asset-backed stablecoins identified the dangers of liquidity mismatch, negatively impacting their stability throughout “fire-sale” A fireplace sale occasion pertains to a momentary worth fluctuation when traders should purchase stablecoins cheaper than their market worth —…
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Bitcoin NewsNews
OKB Token Data Larger Beneficial properties Amidst Crypto Market Volatility
by Jeremyby JeremyOKX Pronounces Mission Restoration Funds, OKB Begins Bullish Run OKB’s value is presently buying and selling at | Supply: OKBUSD value chart from How OKB Has Faired Throughout The Week Featured picture from Pixabay and chart from
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Altcoin NewsNews
Main stablecoins destabilized as market volatility and redemptions surge
by Jeremyby JeremyVital market volatility this week induced by the collapse of the FTX trade has impacted stablecoins with lots of them de-pegging accordance to CryptoQuant senior analyst Julio Moreno, practically all main stablecoins have skilled some stage of peg volatility…
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An incoming provide deluge appears to have spooked traders in each the spot and derivatives Supply hyperlink
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Exchanges
Safemoon explodes 92% earlier than crashing again down 40% amid excessive weekend volatility
by Jeremyby JeremyWhereas the SFM token stays down 95% from its all-time excessive, as of press time, the token remains to be up roughly 19% on the day and 47% over the previous {that a} lawsuit pursued by a Safemoon investor…
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Exchanges
Staked ETH soars in Q3; Bitcoin volatility causes Tesla $106M loss; Binance near discovering hacker
by Jeremyby JeremyComplete staked Ethereum surpasses 14 million in Q3 amid 64% decline in valueThe quantity of staked Ethereum (ETH) elevated to 14 million because the starting of the The quantity equates to over $19 This vital quantity of Ethereum…