A spokesperson for Circle announced that the company's reserve fund has made a strategic shift by divesting from Treasury bills with maturity dates beyond May 31. Instead, they have opted to reallocate assets into cash and overnight repurchase agreements.
This move signifies one of the most substantial fund transfers conducted by Celsius Network since it sought bankruptcy protection in July.
After Sun transferred $56 million in TUSD to Binance, CEO Changpeng Zhao tweeted about it 'Binance Launchpool are meant as air drops for our retail users, not just for a few whales,'
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Finally, if you want to convert BTC to USDT on Coinbase, you can do so by making a trade or a limit order on Coinbase Pro.
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.
Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.