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Ethereum was trading at $1,742.54 by 16:00 (13:00 GMT) on Tuesday, up 10.09% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

The American stock exchange CME announced the launch of event-based futures contracts for bitcoin. In addition, the panic about American banks has subsided, so the BTC price has risen by 10%.

Bitcoin was trading at $22,449.8 by 07:19 (04:19 GMT) on the Investing.com Index on Monday, up 10.13% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

With the closure of Silvergate's SEN payment system, stablecoins are likely to become even more mainstream among cryptocurrency traders. The share of their trading on crypto exchanges may grow even more, writes RBC with reference to the report of the analytical platform Kaiko.

Solana has published its plan to improve network updates as a response to the network-wide block production slowdown following the recent 1.14 network update

In its 15 years of existence, BTC has played many roles, from a source of speculation to a hedge against inflation, but today there are growing signs that it is moving closer to its intended goal: to be a means of payment, writes Reuters.

According to Richard Miko, CEO of Banxa, a payment infrastructure provider, Bitcoin is evolving at a rapid pace in terms of a crypto payment system, even if it’s not noticeable due to volatility in the broader market.

Following the announcement of a partnership between Microsoft and Web3 decentralized infrastructure provider Ankr, the Ankr (ANKR) token price rose by 51.5%. 

The recent announcement by New York-based Paxos Trust Company, which issues the stablecoin Binance, that it will stop issuing new BUSD tokens after U.S. regulators flagged the asset as an unregistered security shook the $137 billion stablecoin market, Reuters writes.

Cardano was trading at $0.3831 by 20:21 (17:21 GMT) on the Investing.com Index on Tuesday, up 10.19% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

In the stablecoin market, the share of the issuer of the largest stablecoin by capitalization USDT for the first time since May 2022 amounted to 51.31%.