Page 8 - Crypto Analysis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After unbearable suspense, which has lasted since 2020 for some, the long-awaited update to Ethereum, dubbed Shapella, was successfully deployed this week. This resulted in the release of over 18 million ethers, or $34 billion, that were sequestered on the blockchain. What were the consequences of this release? We come back to this in the Crypto Analysis, after the essential news of the week. | 10:43am

Binance and its CEO Changpeng Zhao are being sued by the Commodity Futures Trading Commission for allegedly violating federal laws and failing to register the platform in the US. This comes a month after Paxos, the issuer of the stablecoin "Binance USD" (BUSD), was informed that the SEC was investigating the product's compliance. We break down the CFTC's latest accusations against Binance in Crypto Analysis, following this week's key news. | 10:42am

Who would have thought that the US regulator would guarantee stablecoins? In the wake of successive U.S. bank failures in recent days, the Federal Reserve, the Treasury Department and the FDIC have announced that they will guarantee part of the collateral for Circle's USDC stablecoin. Will the company, which has BlackRock managing about $30 billion in short-term U.S. Treasuries, become a heavyweight in traditional U.S. finance? We'll get back to that in Crypto Analysis, after this week's key news. | Mar. 17

Demand for safe-haven assets rise, putting pressure on cryptocurrencies.

Bitcoin remains correlated to the NASDAQ