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The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% … Read more
The 50 billionth USDT token has been minted, Tether has confirmed. Go to Source Powered by WPeMatico
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations have dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s … Read more
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. Go to Source Powered by WPeMatico
Ethereum is starting to lose ground to its competitors for USDT usage, and Hermez may help to fix that. Go to Source Powered by WPeMatico
The three largest stablecoins represent a combined capitalization of $60 billion. Go to Source Powered by WPeMatico
Bitcoin’s long to short ratio has dropped to a 5 month low but bears are not taking the bait, suggesting bulls are still in control of BTC price. Go to Source Powered by WPeMatico
Total Processing, a merchant services company has published a study this week about the most-watched cryptocurrency videos on Youtube during the last year. Even though bitcoin has climbed 700% since last April, ethereum has climbed 1,100% and videos pertaining to ethereum have accumulated the most views since April 2020. Ethereum Videos Are the Most Viewed … Read more
Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Go to Source Powered by WPeMatico
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops … Read more