Ethereum-Based Tether Better Distributed Than Other Stablecoins - Report


Among the explored stablecoins, Tether (USDT)'s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins' supply. Since its creation six years ago, the dollar-pegged...

DeFi Capitalization Doubles In Two Months; Up To 1K New Users Per Day


The total market capitalization for decentralized finance (DeFi) products, total value locked in DeFi, and staking-ready Ethereum (ETH) wallets - are all seeing their numbers grow. At the same, the number of new users coming to DeFi might be up to 1,000 a day. We’re "still very early...

VeChain (VET) Breaches 4-Month Long Resistance with Astounding Momentum


VeChain has been marking a perplexing price movement, and it was just yesterday when the coin has hit almost 4-month resistance at $0.00779, after hitting bottom at $0.00140. VET has made a startling rebound after the first as well as the second crash of the year that in March and at the onset...

Hundreds of Institutional Investors Send a Good Sign to Bitcoin & Co


The results of a recent survey of 774 institutional investors in the US and Europe confirm that interest in and acceptance of cryptoassets as a new investable asset class is growing, according to Tom Jessop, president of Fidelity Digital Assets. The subsidiary of the US-based mutual fund giant...

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