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3232Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns
https://www.digit.info/crypto-economy-rebounds-with-2-13-gain-newcomers-w-core-and-ena-face-downturns/
Thu, 04 Apr 2024 19:11:35 +0000https://www.digit.info/2024/04/04/crypto-economy-rebounds-with-2-13-gain-newcomers-w-core-and-ena-face-downturns/Read more]]>The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with volumes at $90.78 billion over the past day, bitcoin rose by 2.3%, surpassing the $68,000 threshold, while ether saw a 0.9% rise throughout the day. […]
]]>Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months
https://www.digit.info/stablecoin-economy-continues-to-shrink-shedding-close-to-5-in-2-months/
Mon, 28 Nov 2022 15:00:22 +0000https://www.digit.info/2022/11/28/stablecoin-economy-continues-to-shrink-shedding-close-to-5-in-2-months/Read more]]>During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from […]
]]>Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
https://www.digit.info/daily-cryptocurrency-exchange-trade-volume-taps-all-time-high-stablecoin-swaps-dominate/
Mon, 24 May 2021 19:00:09 +0000https://www.digit.info/2021/05/24/daily-cryptocurrency-exchange-trade-volume-taps-all-time-high-stablecoin-swaps-dominate/Read more]]>According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour volume. Meanwhile, stablecoins capture 50% of Monday’s global trade volume with […]