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Bitcoin, the world’s leading cryptocurrency, has seen a significant resurgence in its market value, climbing back up to $59.3K after a period of volatility. This surge is accompanied by an intriguing indicator: 84.4% of the network’s available supply is now in profit, marking its lowest level in two months. Traditionally, such dips in this ratio … Read more
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply. TON Blockchain Sees 70 Million Increase … Read more
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period. Tether Attestation Registers Record-Breaking … Read more
Today, the price of Solana has risen, propelled by a series of positive announcements related to the network and the Fed’s decision to forego rate hikes in 2024. Go to Source
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term. Go to Source
Bitcoin Runes, the latest addition to the cryptocurrency landscape, has made significant strides since its official launch over a week ago. According to insights from coin98analytics, the platform has seen remarkable growth and activity across various metrics. As of now, there are a total of 52,925 Runes in circulation, with 48,578 currently open for etching. … Read more
Pendle has witnessed a substantial downturn, with a 16% decrease today and a 34% drop over the past week, bringing its price below the $5 threshold to $4.3. In a recent transaction, HashKey withdrew 178,126 PENDLE ($771K) from Binance at a price of $4.33, adding to their existing holding of 624,804 PENDLE ($2.71M). Known for … Read more
Ethereum network transaction fees have dropped to a noteworthy low of just $1.12 per transaction, marking the lowest average cost in a day since October 18th. This decline in fees reflects a broader trend in sentiment within the cryptocurrency market, where traders oscillate between bullish and bearish outlooks. 🤑 #Ethereum’s average fee level has dipped … Read more
The Ethereum network had its cheapest day in over six months, which could suggest altcoins could rally “sooner than many may expect.” Go to Source
Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for … Read more
