Category: Stablecoins
Crypto Market Update: Why Is Bitcoin Price Down Today?
Today’s main drivers of Bitcoin’s price action are the updates from the Federal Reserve’s interest rate decisions, on-chain metrics, and the crypto market trends. Bitcoin…
Donald Trump-Backed Venture Firm Makes Significant Investment in AAVE
World Liberty Financials’ investment of $5 million into AAVE, ETH, and LINK has elicited excitement in the DeFi space, leading to price surges and bullish…
Tether Wallets Surge to 109 million, Highlighting its Market Dominance
This wallet growth showcases Tether’s market dominance. Regulatory approval in Abu Dhabi further positions Tether-issued USDT as the leading stablecoin. Retail Users Propel Tether’s Growth…
Altcoin Season is Imminent, Could Record Explosive Growth – Analysts
With digital assets like Ethereum (ETH) and Solana (SOL) gaining traction, altcoins may soon outshine the leading cryptocurrency, Bitcoin (BTC). As institutional interest rises and…
Bitcoin Futures Surpass $100,000; CME Open Interest Hits New Highs
With futures contracts trading beyond $100,000 on well-known platforms like Deribit, the Bitcoin (BTC) market indicates an optimistic view beyond the spot market. More importantly,…
Binance to Launch USUAL Stablecoin on November 19
Binance Announces USUAL Stablecoin Launch Binance has announced that the launch of the USUAL stablecoin has been scheduled for November 19, 2024. The cryptocurrency exchange…
The Digital Chamber Wants Swift Action on the Stablecoin Bill
The Digital Chamber, a blockchain advocacy group, has called on the United States to pass the Stablecoin bill as global adoption grows. According to the…
Tether Facilitates $45M Oil Trade using USDT
Tether has executed a $45 million crude oil trade using USDT, marking a pivotal step in global trade finance. The transaction underlines Tether’s drive to…
Tether Bolsters USDT Reserves with $5.58B in Bitcoin
Tether, the popular stablecoin USDT issuer, has added more than 82,000 BTC (worth nearly $5.6B) to its reserves. The addition of such an amount would…
Ethereum ‘Verge’ Upgrade Will Transform Node Operations: Here’s How
The highly anticipated Ethereum upgrade (“The Verge”) will significantly change node operations on its network. Node operations will soon become viable on everyday devices such…
