Coinbase is Against Basel Committee’s Requirements for Stablecoins
The Basel Committee on Banking Supervision has expressed a desire to limit banks’ use of “stablecoins” through its requirements.
Bitcoin Miners’ Revenue Reached $2 Billion in March
Bitcoin miners earned over $2 billion last month, reaching a new historic high.
Open Interest in Ethereum Futures Surpasses $13 Billion
Ether futures open interest reaches $13.01 billion this week, according to the Coinglass platform.
Tron Foundation Seeks SEC’s Lawsuit Dismissal
According to the objection of the Tron Foundation and its founder Justin Sun to the lawsuit filed by the SEC, the Commission does not have the power to regulate the sale of foreign digital assets to foreign investors on global platforms outside the United States.
Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
