BTC fell below the $28,000 mark, its lowest level since June 20 this year. In the past 48 hours, the price of BTC has continued to decline from 29330 USDT to a minimum of 27676 USDT, with a maximum drop of 5.6%. BTC was temporarily reported at 27,900 USDT, a 24-hour drop of 3.8%.

Since the LUNA thunderstorm and the Silicon Valley Bank thunderstorm triggered a series of black swan events such as the decoupling of the world’s second largest encrypted stablecoin USDC, the market’s distrust of the concept of stablecoins seems to have reached a threshold.

While the lawsuit primarily focuses on allegations that commodities exchanges are not registered in the U.S., it could have broader ramifications for Binance and the cryptoasset industry.

The price of USDC has been unanchored, and Binance, Coinbase, etc. have announced the closure of USDC exchange services. Facing panic and runs, will USDC enter a death spiral?

After saying goodbye to the explosive growth of 2021, the NFT market ushered in a very different 2022-NFT developed rapidly in the first few months, and then plummeted together with cryptocurrencies, and even the speculative frenzy ended.

In this article, 20 exciting cryptocurrencies were introduced that are worth considering for investment in 2023. These include Cardano, Solana, Polkadot, Binance Coin, Chainlink, and more. These cryptocurrencies have a range of features and use cases, and they are all worth researching further to determine their potential as investments.