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Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin and Ethereum Face 2-3% Declines On Tuesday, … Read more
The crypto community’s social media preferences have been revealed in a recent survey, showcasing a diverse landscape. X, the most popular platform, only secured 41.7% of the vote, indicating a fragmented market. Telegram And YouTube Tops The Chart Telegram and YouTube emerged as strong contenders, with 21.5% and 20.8% of participants respectively choosing them as … Read more
Crypto is full of odd people who have put some of their eccentricity into the crypto projects they develop. Go to Source
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of … Read more
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum … Read more
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 Uruguay S.R.L., a part of the Mercado Libre group. Mercado Libre … Read more
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 the development of new use cases such as microtransactions and large-scale … Read more
Recently, attention has shifted towards TRON, especially following the launch of @sunpumpmeme. The @trondao ecosystem has witnessed significant growth, with a 124% increase in transactions ranging from $100 to $10,000, likely fueled by the growing excitement surrounding @sunpumpmeme. The @trondao ecosystem has experienced a 124% increase in the number of transactions valued between $100 and … Read more
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. 18, 2024, the stablecoin economy expanded by … Read more
In July 2024, the fundraising landscape saw significant activity, with an estimated $878 million raised across 162 projects. The month highlighted a strong investor focus on the Infrastructure, Blockchain Service, and DeFi sectors, which continue to attract substantial capital. First, these were the top 10 projects that had raised the most funds in July (3/15) … Read more
