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Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin
23.8.2024
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentine cryptocurrency exchange, and is issued by Meli...
Tether to Launch USDT Stablecoin on Aptos Blockchain
20.8.2024
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for...
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
16.8.2024
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued...
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...
Why is Solana (SOL) price up today?
8.8.2024
Solana price is up today as the wider crypto market recovers and analysts focus on SOL’s outperformance versus ETH
Why is Solana (SOL) price up today?
8.8.2024
Solana price is up today as the wider crypto market recovers and analysts focus on SOL’s outperformance versus ETH
WALZ Meme Coin Skyrockets After Harris’s VP Pick – Now It’s on a Downward Spiral
7.8.2024
Following Kamala Harris’s decision to select Minnesota Governor Tim Walz as her running mate, a new meme coin on the Solana blockchain emerged, named tem walz (WALZ). The token experienced a spike on Tuesday, coinciding with Harris’s announcement, with its market cap nearly touching...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
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...
2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank
5.8.2024
Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck may disagree
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
2.8.2024
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
2.8.2024
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting...
Ethereum price will lag for ‘months’ as Bitcoin surges: X Hall of Flame, Roman
30.7.2024
Roman says that Bitcoin will peak around $120K by December before Ethereum gets its time to shine: X Hall of Flame
Why is Solana (SOL) price up today?
26.7.2024
Solana price is up today, and charts suggest it could be en route to new all-time highs
Why is Solana (SOL) price up today?
26.7.2024
Solana price is up today, and charts suggest it could be en route to new all-time highs
Donald Trump Raises Over $4M in Bitcoin & Altcoins for Campaign
25.7.2024
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...
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
23.7.2024
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
22.7.2024
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....
Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
19.7.2024
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak