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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the…

Continue ReadingRedemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Biggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation

Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing.…

Continue ReadingBiggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation