Morpho loan stress exposes cbXRP, but spares native XRP

Morpho loan stress exposes cbXRP, but spares native XRP
A November 6 snapshot placed 8.84 million USDC across 1,070 positions within a further 10% oracle decline, assuming unchanged debt and collateral. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure

Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US rate hike rose. On Friday, Bitcoin briefly plunged below $75,000 as a sharp sell-off in US technology stocks spilled into digital assets. This came as selling pressure now dominates spot trading on Binance and… … Read more

Bitcoin and USDT attract modest premiums in Paraguay as millions face banking crisis

Bitcoin and USDT attract modest premiums in Paraguay as millions face banking crisis
Bitcoin and USDT have traded at premiums in Paraguay's peer-to-peer markets as a banking collapse unsettles the country's financial system. The turmoil has coincided with a 10% surge in the dollar against the Paraguayan guaraní, growing public interest in Bitcoin and calls from crypto executives for alternatives to traditional banking. Data from CriptoNoticias, which tracks… … Read more