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Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions


Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...

Donald Trump Raises Over $4M in Bitcoin & Altcoins for Campaign


Attending the 2024 Bitcoin Conference gave ex-President Donald Trump the boost he needed. Now referred to as the ‘the crypto president,’ Trump has managed millions in crypto support for POTUS. Trump has received Ethereum, Bitcoin, Ripple’s XRP, and USDC donations. Donald Trump’s crypto support pays...

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets


In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is...

Daily Crypto Update: Memecoins rule while altcoins stay stagnant


The crypto market is undergoing a restructural phase with most cryptocurrencies struggling to find a footing. With the exception of Bitcoin and Ethereum, most coins are undergoing unplanned fluctuations. Pixelverse experienced 99.21% growth, while RealGOAT demonstrated a 174.38% growth spurt....

Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares


Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to Coinshares. Record Inflows in Digital Asset Funds...

4 altcoins trading under $1 that have the potential to reach $100 in 2024


Major price action analysts have tipped four (4) altcoins, ETFSwap (ETFS), KASPA, Tron (TRX), and Polygon (MATIC), to hit $100 in 2024. These altcoins are all under $1, making an early buy the smartest crypto investment option to be well-placed for maximum returns on investment. Tron (TRX)...

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