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FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
26.5.2024
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
ETH, SHIB, & USDT Among Most Common Altcoins Held By Mollars Presale Investors
25.5.2024
The team behind the Mollars token presale & project have just released an interesting report via their official X profile. It had already been reported that the “MOLLARS” brand is seeing search volumes from crypto traders that are rivaling Bonk Inu (BONK) and Pepe (PEPE) tokens.
The post...
Solana Price Prediction as ETF Rumors Emerge – Is $10,000 SOL Possible?
24.5.2024
The Solana price has dropped by 8% in the past 24 hours, falling to $163.28 on a day when the cryptocurrency market as a whole has lost 4%.
The post Solana Price Prediction as ETF Rumors Emerge – Is $10,000 SOL Possible? appeared first on Cryptonews
Solana Price Prediction 23 May: SOL is Up 7% in a Week – Time to Buy?
23.5.2024
SOL has fallen by 4% in the past 24 hours, with the Solana price dropping to $173.63 on a day when the cryptocurrency market has barely moved.
The post Solana Price Prediction 23 May: SOL is Up 7% in a Week – Time to Buy? appeared first on Cryptonews
Altcoins gear up for ‘Maniac Phase’: Analysts predict next major surge
22.5.2024
The current world of cryptocurrency is witnessing a rather significant revival, which brings optimism and new opportunities to various spheres. While sentiment turned slightly bearish towards altcoins in the second quarter following a great run in Q1 among industry experts, the future looks bright...
Ethereum Price Prediction 22 May: ETH Blasts Toward $4,000 as ETF Deadline Approaches – Time to Buy?
22.5.2024
ETH has lifted by 2% in the past 24 hours, with the Ethereum price rising past $3,700 on a day when the crypto market as a whole is basically flat.
The post Ethereum Price Prediction 22 May: ETH Blasts Toward $4,000 as ETF Deadline Approaches – Time to Buy? appeared first on Cryptonews
Solana Price Prediction as SOL Becomes 5th Largest Coin in the World – Can SOL Overtake Ethereum?
21.5.2024
SOL has gained by 2.5% in the past 24 hours, with the Solana price reaching $182.87 on a day when the crypto market as a whole has gained by 8.5%.
The post Solana Price Prediction as SOL Becomes 5th Largest Coin in the World – Can SOL Overtake Ethereum? appeared first on Cryptonews
Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
20.5.2024
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would...
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
20.5.2024
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As...
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
17.5.2024
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges...
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
17.5.2024
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead...
Over 80% recent Binance token listings are bleeding red
17.5.2024
Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV
Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts
17.5.2024
Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen
As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value
16.5.2024
Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past day, the TRUMP token has climbed more than 7%. Statistics reveal that this rise in value has boosted former U.S. President Donald Trump’s cryptocurrency holdings...
Jasmy Coin Price Prediction as JASMY Rockets Up 12% – Are Whales Buying?
16.5.2024
JASMY has jumped by 12% today, with the Jasmy Coin price scaling to $0.02051 and outperforming the market as a whole, which is up by 5% in 24 hours.
The post Jasmy Coin Price Prediction as JASMY Rockets Up 12% – Are Whales Buying? appeared first on Cryptonews
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
14.5.2024
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?
Season of the Meme Coin: Unconventional Cryptos Dominate 3-Month Gains
13.5.2024
Over the past 90 days, bitcoin has appreciated by 23.4%. However, eight other cryptocurrencies have demonstrated significantly larger gains, each recording triple-digit increases over the same period. 90-Day Trends Propel Niche Tokens to New Heights Statistics from the past week show lackluster...
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...