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Stablecoin Leader Tether Approaches 100 Billion in Circulation


Source: Adobe / Jim Tether, the issuer of the popular USDT stablecoin, has strengthened its dominance in the stablecoin market by approaching 100 billion tokens in circulation. The company’s market share expanded significantly in 2023, growing from 50% at the beginning of the year to over...

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs


Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...

Solana (SOL) and Pandoshi (PAMBO) to Outperform Cardano (ADA) in 2024


As we look ahead to 2024, the cryptocurrency market is brimming with potential and competition. Among the myriad of digital currencies vying for dominance, two names are drawing particular attention for their projected performance: Solana (SOL) and Pandoshi (PAMBO). Both are poised to make...

Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance


According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...

TRON continues to hold dominance in the stablecoin landscape


TRON is continuing to hold dominance in stablecoin dominance. The stablecoin managed to stay strong in the second half of 2023 as well.  A new report by Reflexivity Research revealed that stablecoin TVL rose to an all-time high of 48 billion dollars. Out of this amount, USDT makes up for 94%....

Bitcoin Price Prediction: BTC at $42,650, Is Downtrend Looming?


  In the fluid world of cryptocurrency, Bitcoin (BTC/USD), the trailblazer of digital currencies, finds itself at a pivotal juncture. As of December 29, Bitcoin’s price hovers at $42,627, reflecting a 1.82% decline in the past 24 hours. This downturn brings Bitcoin’s market...

Can Tether overcome controversies and maintain market dominance?


As a leader in the stablecoin space and a mainstay of blockchain finance since its founding by iFinex Inc. in 2012, Tether has substantially impacted the state of digital assets. Despite being praised for its ingenuity, Tether has encountered controversy, especially regarding its pegging process...

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