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crypto.news

Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says

Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Raj Kamal, founder and CEO of payments company TransFi, told crypto.news that issuing euro, sterling, yen,…

BeInCrypto

Bitcoin Just Survived the Yen Shock That Crushed Crypto 2 Years Ago

Japan spent nearly $100 billion in August trying to strengthen the yen. Even after that intervention, the currency failed to reach 154 against the dollar. Then traders pushed it there themselves. USD/JPY fell from 160.39 on Wednesday to 154.50 by…

crypto.news

Bitcoin price may stay below $82K until Fed decision: analysts

Bitcoin has fallen 0.8% to about $79,176 over the past 24 hours as analysts forecast continued trading between $78,000 and $82,000 before the Federal Reserve’s September policy decision. Bitcoin price remains capped near $82,000 Bitfinex analysts told crypto.news that Bitcoin’s…

crypto.news

Zondacrypto case: Poland charges fifth suspect

Polish prosecutors have charged Roman Ż., a former business partner of missing BitBay founder Sylwester Suszek, with two offenses as the Zondacrypto investigation expands beyond 3,600 customer complaints. Zondacrypto suspect faces two charges According to a report published Monday, Roman…

crypto.news

Bitcoin daily transactions hit fourth-highest level in history

Bitcoin has processed 893,391 transactions in one day, its fourth-highest daily total on record and a reading above the 99th percentile of its historical range. Bitcoin transaction count enters its historical top four Galaxy Research reported the milestone in a…