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Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at PremiumsOn Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and […]

Helix mixer operator gets 3 years in prison for money laundering

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]

Helix mixer operator gets 3 years in prison for money laundering

Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

Crypto Economy’s Market Cap Slides Below 0 Billion for the First Time Since December 2020The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday, dropping below the $1,100 range. Crypto […]

Helix mixer operator gets 3 years in prison for money laundering

Technical Analysis: Arweave up Over 44% in the Last Week, Monero Starts Lower

Technical Analysis: Arweave up Over 44% in the Last Week, Monero Starts LowerArweave, which rose by over 44% in the last week, was once again in the green, trading over 10% higher on Monday. This comes as monero slipped in today’s session. Biggest gainers Following a bearish January, crypto markets began to rebound within the last week, with arweave being one of the biggest gainers in that […]

Helix mixer operator gets 3 years in prison for money laundering

Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses $510 Billion

Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses 0 BillionNine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization […]

Helix mixer operator gets 3 years in prison for money laundering

Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink

Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels SinkThe price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market capitalization of all 8,500+ coins in existence is around $1.59 trillion […]

Helix mixer operator gets 3 years in prison for money laundering