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Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
20.3.2024
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150...
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
20.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Reddit altcoins that could reach the Moon this week!
20.3.2024
New-age investors are progressively migrating to Reddit-based altcoins in an effort to capitalize on potential profits in the cryptocurrency scene as the crypto market gains more global attention in the aftermath of recent events that have sparked anticipation of Bitcoin’s halving. Three...
Solana Announces Recommendations and Measures to Deal With Network Congestion
19.3.2024
The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and a series of optimizations to avoid dropping transactions. Also, an improved...
First Mover Americas: Bitcoin Slumps, Liquidations Surge
19.3.2024
The latest price moves in crypto markets in context for March 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Exchange Listing and Delisting Announcements: March 18, 2024
19.3.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: March 18, 2024 appeared first on Cryptonews
Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers
18.3.2024
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin...
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
18.3.2024
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in...
Avalanche Foundation Discloses First Batch of Meme Coin Holdings
16.3.2024
The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of...
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
15.3.2024
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism,...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Elon Musk Backs DOGE for Tesla Payments — Says ‘Dogecoin to the Moon’
15.3.2024
Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency. “Lots of rich people were...
Best Crypto to Buy Today March 14 – DogWifHat, Bonk, Pepe
14.3.2024
With crypto markets mixed on Thursday, as the likes of Bitcoin (BTC) and Ether (ETH) succumb to profit-taking in wake of hotter-than-expected US PPI inflation figures, but other major altcoins like Solana (SOL) and Dogecoin (DOGE) push higher, investors are assessing the market as they ponder...
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
14.3.2024
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...
Best Crypto to Buy Today March 13 – DogWifHat, Toncoin, PancakeSwap
13.3.2024
While the Bitcoin bulls remain very much in control, with BTC hitting fresh record highs above $73,000 on Wednesday, investors looking to diversify their holdings continue to scour the altcoins markets for the best crypto to buy today.
The post Best Crypto to Buy Today March 13 – DogWifHat...
Five ‘Altcoins’ riding the crypto wave besides Bitcoin
13.3.2024
Prominent cryptocurrencies such as Dogecoin and Ether, which have become overnight sensations, are making a triumphant return to the market. Beyond Bitcoin’s omnipotence, alternative cryptocurrencies such as Dogecoin and Ether demonstrate robust performance. The cryptocurrency industry...
Solana Price Prediction as SOL Surges Past $150 – Time to Buy?
13.3.2024
SOL has broken the $150 resistance level, with the Solana price reaching $152.06 today and recording a 15% gain in a week.
The post Solana Price Prediction as SOL Surges Past $150 – Time to Buy? appeared first on Cryptonews
Tether Launches USDT on Celo Targeting Increased Usability
12.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility...
Crypto Exchange Listing and Delisting Announcements: March 11, 2024
12.3.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: March 11, 2024 appeared first on Cryptonews
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
11.3.2024
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency...