Bitcoin is still on track to cap a winning month. It’s advanced 16% in March, while ether has gained 6%.
The techniques have evolved to sidestep Binance’s highly publicized know-your-customer controls, and focus on obscuring a user’s country of origin.
Co-founders Chris Maurice and Justin Poiroux launched Yellow Card, the largest centralized crypto exchange in Africa from their dorm room in Auburn, Alabama.
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
Investors studied the outlook for the Federal Reserve’s rate hiking campaign and the continued crisis in parts of the banking system.
The city’s digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
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