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Bitcoin News / Bitcoin.com - 2 years ago

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supp...

Cryptocoins News / Blockchain  - 2 years ago

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether tha...

Bitcoin News / Bitcoinist - 2 years ago

Lido Finance Adds A Safety Feature After A Massive Stake Inflow

Lido Finance, a liquid staking protocol, has employed a safety measure to control the staking rate after recording over 150,000 ETH staked in one day. The protocol announced this development via Twitter. As per the announcement, Lido was concerned a...

Bitcoin News / Bitcoin.com - 2 years ago

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Stakin...

Cryptocoins News / EthereumWorldNews - 2 years ago

Justin Sun Stakes 150,000 ETH On Lido Finance In Largest Daily Stake Inflow

Lido Finance recently saw its largest daily stake inflow after Justin Sun staked 150,000 ETH.& The Tron founder has since staked another 50,000 ETH, bringing the total to 200,000 stETH.& The large inflow of staked Ether triggered a protocol...

Bitcoin News / Bitcoinist - 2 years ago

Crypto Now Seeing Capital Inflows Of $4.5 Billion Per Month: Glassnode

Data from Glassnode shows the crypto market is currently observing capital inflows at the rate of about $4.5 billion per month. Crypto Market Recently Flipped From Seeing Outflows To Inflows According to the on-chain analytics firm Glassnode, the sec...

Bitcoin News / Bitcoinist - 2 years ago

Crypto Outflows Spike Following U.S. Regulatory Crackdown, Says CoinShares

The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US regulatory crackdown leads to $32M digital asset outflows: CoinShares

Institutional investors are feeling the heat as the SEC targets all aspects of the crypto industry in the United States. Institutional investors may have gotten the j...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin single-day price surge linked to billions in USDC inflow

Bitcoin proponents called it the start of another bull run, while a few other analysts believe it's a bear trap. The Bitcoin (BTC) price rose to a new six-month high o...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin single-day price surge linked to billions in USDC inflows

Bitcoin proponents called it the start of another bull run, while a few other analysts believe it’s a bear trap. Bitcoin (BTC) hit a six-month high of $24,800 on Feb....