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Altcoins to buy 2024: BlockDAG ranks #1 over Arbitrum price, & Cardano in second quarter
24.6.2024
BlockDAG is rapidly emerging as a powerhouse in the cryptocurrency market, gaining significant traction thanks to endorsements from key industry influencers. The ongoing presale, now in Batch 18, has seen the coin’s price skyrocket to $0.0122—a remarkable 1120% increase from its initial Batch...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
24.6.2024
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered...
Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally
22.6.2024
The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘Altcoin Sherpa’ highlighted...
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
21.6.2024
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices
Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
20.6.2024
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold...
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted
South Korean crypto exchanges may deregister up to 600 altcoins
17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space. As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
14.6.2024
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
Altcoins signal buy after taking it ‘on the chin’ since March
14.6.2024
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months
Bitcoin and altcoins react to FED’s rate decision: Latest data on liquidations
13.6.2024
Bitcoin, the poster child of decentralization, is always on the radar of centralized institutions. Despite its decentralized nature, BTC price movements are affected by regulatory changes, affecting the Altcoins that are heavily dependent on Bitcoin. Clarity in regulatory news can often increase...
Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
12.6.2024
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among...
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
9.6.2024
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season;...
BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital
8.6.2024
Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days...
TON Foundation Announces Plans to Widen Access to USDT on Ton
8.6.2024
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging...
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
6.6.2024
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...
Analysts say altcoins to rebound soon; invest in these sectors
3.6.2024
With the weekend behind us, Bitcoin has entered a short-term bullish trend. It has managed to stay above the crucial $66,000 support level and is currently being traded at $68,874.97 as of 7:49 a.m. GMT. There seems to be potential for a price increase, making it a promising way to kick off Monday...
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
2.6.2024
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers...