Search
USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor
16.2.2024
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...
Binance’s Trading Volume Soars with FDUSD Stablecoin Pairs Leading the Charge
15.2.2024
The trading pairs involving First Digital USD (FDUSD) have seen a surge in trading volume on Binance, reaching its highest share ever in spot trading volume on the exchange. On February 12, FDUSD pairs accounted for 38% of Binance’s total spot trading volume, marking a substantial 42.6%...
BlackRock’s daily volume for BTC ETF peaks at $720 million
15.2.2024
BlackRock is expected to close the market at a total volume of $5 billion. The predicted estimate is based on the number for February 14, 2024, when IBIT—that is, iShares Bitcoin Trust—bagged a daily volume worth $720 million. That is the highest figure since the time of the launch of IBIT....
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...
The BlockDAG Success Story: Sells 1 Billion Coins in Presale, Kills Hype Around Ethereum ETFs and Pushd Presale
13.2.2024
Since the creation of Bitcoin (BTC), the largest crypto by market capitalization, the crypto industry has never had a boring day. There is always something happening in the market. Today, Ethereum (ETH) exchange-traded fund, Pushd (PUSHD), and BlockDAG are making headlines after headlines. While...
Bitcoin surges towards $50k, Halving event fuels optimism
13.2.2024
Bitcoin has uptick to $50k as the article is being drafted. More surges could be on the way; however, traders may want to be cautious about where the prices move on the graph. Bitcoin is looking to hold the price steady prior to the Halving event. There is low selling pressure now, and the task...
Bitcoin hits $50,000 for the first time in over two years
13.2.2024
Bitcoin, the biggest crypto in the world, has finally hit the 50,000-dollar mark. The crypto reached this benchmark for the first time in over two years. In the past year, Bitcoin has achieved a whopping 129.19% surge based on CoinMarketCap data. In the past month, the crypto has surged 16.42%,...
Crypto Community Fires Back at Hillary Clinton’s Criticism of Bitcoin Undermining US Dollar as Reserve Currency
13.2.2024
The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve currency. Galaxy Digital CEO Mike Novogratz argued that the only thing that can undermine the U.S. dollar as a reserve currency...
One way to turn $2000 to $200,000 with DeFi and A.I pioneer, Profits for Pyth Network (PYTH) investors
12.2.2024
The quest for substantial returns drives investors towards platforms that combine innovation with robust financial strategies. Option2Trade (O2T), a pioneering force in decentralized finance (DeFi) and artificial intelligence (A.I.), offers a compelling pathway from a modest $2,000 investment to...
How one teen turned $JUP airdrop into over $1M – Predicting the next millionaire crypto
12.2.2024
In a surprising turn of events, a seventeen-year-old investor recently found themselves catapulted into the ranks of millionaires overnight, courtesy of an unexpected airdrop featuring $JUP tokens. Boasting an impressive haul of 1.85 million #JUP tokens scattered across various wallets,...
Bitcoin ETFs now have $10 billion in AUM
12.2.2024
Bitcoin ETF applications were approved by the US Securities & Exchange Commission in early January this year. Speculation was that the token would experience a significant surge. That could happen in the days to come, but what has certainly happened is a rise in the AUM, which is Assets Under...
Russian President Putin Discusses Dedollarization — Calls US Dollar Weaponization a ‘Grave Mistake’
11.2.2024
Russian President Vladimir Putin says the U.S. dollar is the main weapon used by the United States to preserve its power across the world. However, he stressed that when “the political leadership decided to use the dollar as a tool of political struggle, a blow was dealt to this American...
Bitcoin breaks the seal at $46,000; analysts predict $1M valuation
9.2.2024
Bitcoin was at ~$42,000 for weeks. It has finally broken the ceiling to surpass the mark of $46,000. BTC was last seen exchanging hands at $46,297.90, a rise of 3.995 in the last 24 hours. It further reflects a jump of 7.20% and 0.97% in the last 7 days and 30 days. The 24-hour volume …
SHIB eyes ATH with automated burning: Reaching $0.01 or $0.001?
9.2.2024
Shiba Inu is looking to achieve either of two milestones: $0.01 or $0.001. However, it is based on the condition that tokens are appropriately burned at regular intervals. As of now, the burning events have happened manually, eliminating a large number of tokens from circulation. They are soon...
Forget $100: Analysts Call $150 Solana By Spring
9.2.2024
Solana is one of the most well-known names in the crypto market. The crypto is currently ranked 5th in the market based on market cap. Since October 2023, SOL has been bullish, gaining a whopping 530% in value. The Solana crypto shows a bullish sentiment on the Fear-Greed Index with a balanced...
Bitcoin Price Prediction as BTC Becomes 10th Most Valuable Asset in the World – Can it Overtake Gold?
8.2.2024
Bitcoin Price Prediction As Bitcoin (BTC/USD) ascends to the 10th spot among the world’s most valuable assets, its current trajectory highlights a significant moment in the evolution of digital currencies. Trading at a noteworthy $45,500, Bitcoin has witnessed nearly 5% increase, underscoring...
Digital Asset Spot Trading Volumes Rise for the Fourth Consecutive Month + More Crypto News
8.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Digital Asset Spot Volumes Rise for the Fourth Consecutive Month Paxos Adopts Chainlink’s PayPal USD Price Feed The Hashgraph Association...
Solana’s rising meme coin, SMOG, hits $2 million market cap on Jupiter – Is this the next BONK?
8.2.2024
Solana meme coins have become quite the spectacle in the market, offering investors and enthusiasts the allure of parabolic gains and virality. BONK’s recent bullish momentum has inspired a wave of meme coins on the Solana network. Among the many contenders seeking the spotlight, SMOG promises...
ERC404, Ethereum’s experiment, generates $87 million in trades
7.2.2024
The NFT crypto-hybrid, ERC404, dubbed Ethereum’s experiment, has reportedly generated $87 million in total volume on DEXs, that is, decentralized exchanges. The same figure for NFT marketplaces stands at just below $1 million. The novel token brings together the attributes of fungible tokens...
Is Ethereum (ETH) and Injective (INJ) worth investing In 2024? How to enter Option2Trade’s (O2T) $888K giveaway?
7.2.2024
As 2024 unfolds, Ethereum (ETH) and Injective Protocol (INJ) remain compelling investments due to their innovative foundations and market potential. However, the emergence of Option2Trade (O2T), underscored by its ambitious $888k giveaway, offers a fresh perspective on investment opportunities...