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3232Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion
https://www.digit.info/crypto-markets-lose-billions-weak-hands-capitulate-stablecoin-market-surpasses-100-billion/
Sun, 23 May 2021 12:00:31 +0000https://www.digit.info/2021/05/23/crypto-markets-lose-billions-weak-hands-capitulate-stablecoin-market-surpasses-100-billion/Read more]]>Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. […]
]]>Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion
https://www.digit.info/stablecoin-demand-in-2021-skyrockets-fiat-pegged-token-economy-nears-100-billion/
Thu, 13 May 2021 23:00:31 +0000https://www.digit.info/2021/05/13/stablecoin-demand-in-2021-skyrockets-fiat-pegged-token-economy-nears-100-billion/Read more]]>While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]