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Nalezeno "M2 growth": 1739

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

9.8.2024
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...

Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days

9.8.2024
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many...

Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours 

8.8.2024
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million....

Coinband: Driving Exponential Growth for Crypto and Web3 Projects

7.8.2024
PRESS RELEASE. The crypto market today can be a bit of a rollercoaster ride. Prices can shoot up on one day, and take a deep dive on the next – all while new projects are popping up in their droves daily. With such a fast-moving environment, it’s not enough to have a groundbreaking idea....

Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings 

6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...

Goldman Sachs Raises US Recession Risk to 25%

5.8.2024
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown...

Macroeconomics Expert Predicts Hard Landing for US Economy

4.8.2024
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks...

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