Tether's decision not to comply with the EU's MiCA regulations has led major exchanges like Binance, Coinbase, and Kraken to delist USDT for European users, causing a $3 billion outflow and reducing liquidity. This disruption highlights the vulnerability of decentralized crypto systems reliant on centralized exchanges. Despite a risk-on market sentiment, stablecoin supply remains weak, with USDT outflows dominating and alternatives like USDC and RLUSD showing mixed performance. The delisting could impact broader stablecoin flows and overall crypto market momentum, making Q3 critical for crypto's risk assets.
Cryptocurrency prices are fluctuating with Bitcoin slightly increasing by 0.27% to $78,865, while Ethereum and several altcoins like BNB, XRP, and DOGE show minor declines. Some smaller tokens such as RAIN and HYPE have surged significantly, with RAI...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,121 and Ethereum slightly down at $2,471.84. While major coins like BNB and XRP declined, some altcoins such as RAIN, POL, and LIT saw significant gains, rising over...
The USD1 stablecoin, launched in March 2025 by World Liberty Financial, has exceeded $4 billion in circulation, fueled primarily by institutional demand rather than political connections to the Trump family. A key transaction was Abu Dhabi-backed MGX...
Veteran trader Peter Brandt criticized Binance after a sudden Bitcoin price drop to $72,500 on August 22 caused a flash crash exclusive to Binance, while other exchanges like Coinbase showed stable prices around $79,000. This anomaly wiped out retail...
XRP trading volume has surged in South Korea, with Upbit seeing $327.2 million in 24-hour volume, reflecting strong spot demand. Concurrently, Binance's XRP leverage ratio reached its highest level in over seven months, indicating increased trader co...
