Stablecoin

BitMEX Acting CEO on Recent Banking Sector Jitters

Stephan Lutz, BitMEX acting CEO and Group Chief Financial Officer, shares his thoughts on the U.S. banking crisis and the impact on crypto exchanges as some companies look to...

By CoinDesk Staff

Mar 21, 2023 at 2:26 p.m. UTC

Mar 21, 2023

Arthur HayesBitMEXcdtvStablecoinFM ClipStephan lutz

Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure

Video

Cdtv

Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure

Silicon Valley Bank (SVB) failed on March 10, and the price of bitcoin (BTC) has been rallying since then. The narratives around bank failures, stablecoins and interest rate h...

By CoinDesk Inc

Mar 17, 2023 at 7:33 p.m. UTC

Mar 17, 2023

cdtvStablecoinaab clipChartDay_SponsorGeorge KaloudisSilicon Valley Bank

Consensus Magazine

Opinion

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, wi...

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

Consensus Magazine

Opinion

SVB Collapse Shows the Rot in U.S. Banking and Dollars

Bank balances and money itself are effectively illusions. Reserve co-founder Nevin Freeman considers an alternative.

By Nevin Freeman

Mar 17, 2023 at 3:15 p.m. UTC

Mar 17, 2023

OpinionBankSvbSilvergateStablecoin

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Consensus Magazine

Opinion

The Banking Crisis Has Been Good for Stablecoin Experimentation

Sovryn, a Bitcoin DeFi protocol, announced a new dollar proxy as others look at alternative models for collateralizing stablecoins amid a banking system crisis.

By Daniel Kuhn

Mar 16, 2023 at 5:33 p.m. UTC

Mar 16, 2023

OpinionStablecoinUSDCbanking

Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg

Video

Cdtv

Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg

A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin...

By CoinDesk Inc

Mar 15, 2023 at 5:06 p.m. UTC

Mar 15, 2023

cdtvStablecoinHash clipGSR MarketsAlameda ResearchArkham intelligenceCumberlandDepeg

Markets

Btc

Bitcoin Dominance Reaches 9-Month High

The bitcoin dominance rate has climbed amid increasing turbulence in crypto markets, and more lately as the price of bitcoin also reached a nine-month high.

By Lyllah Ledesma

Mar 15, 2023 at 4:39 p.m. UTC

Mar 15, 2023

btcbitcoin dominanceStablecoin

Stablecoin Outlook Following Silicon Valley Bank Failure

Video

Circle

Stablecoin Outlook Following Silicon Valley Bank Failure

The Circle-issued USDC stablecoin regained its dollar peg, recovering from the Silicon Valley Bank-induced chaos over the weekend that saw its price plummet to $0.90 on major...

By CoinDesk Inc

Mar 15, 2023 at 2:43 p.m. UTC

Mar 15, 2023

CirclecdtvStablecoinFM ClipUSDCSocial_ClipRyan graceTastycryptoSilicon Valley Bank

Bitcoin Hovers Around $25K After Reaching Nine-Month High

Video

Cdtv

Bitcoin Hovers Around $25K After Reaching Nine-Month High

Bitcoin (BTC) is hovering around $25,000 after reaching a nine-month high on Tuesday at about $26,500. The rise of the world’s largest cryptocurrency by market value came minu...

By CoinDesk Inc

Mar 15, 2023 at 2:28 p.m. UTC

Mar 15, 2023

cdtvStablecoinFM Clipcrypto marketsRyan graceTastycrypto

Consensus Magazine

Russia

Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International

Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West....

By Anna Baydakova

Mar 15, 2023 at 11:00 a.m. UTC

Mar 15, 2023

RussiaOTCSanctionsTetherStablecoin