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3232Crypto Rankings Shift Over Year: New Entrants and Price Surges
https://www.digit.info/crypto-rankings-shift-over-year-new-entrants-and-price-surges/
Tue, 09 Jul 2024 13:11:23 +0000https://www.digit.info/crypto-rankings-shift-over-year-new-entrants-and-price-surges/Read more]]>Every few months, the rankings of the top ten crypto assets shift, and a year ago, the leading digital currencies were different from today. Some assets have moved to new positions, new entrants have emerged, and some have dropped out of the top ten. Yearly Crypto Market Update Reveals New Entrants and Price Fluctuations In […]
]]>Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
https://www.digit.info/redemption-and-reshuffling-busds-exit-from-top-10-cryptocurrencies-shakes-market-valuations/
Mon, 06 Mar 2023 14:30:53 +0000https://www.digit.info/2023/03/06/redemption-and-reshuffling-busds-exit-from-top-10-cryptocurrencies-shakes-market-valuations/Read more]]>It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only […]
]]>BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
https://www.digit.info/busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance/
Sat, 25 Feb 2023 19:00:53 +0000https://www.digit.info/2023/02/25/busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance/Read more]]>After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme […]
]]>Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
https://www.digit.info/binance-increases-usdc-holdings-as-busds-market-cap-slides-lower/
Tue, 21 Feb 2023 21:30:26 +0000https://www.digit.info/2023/02/21/binance-increases-usdc-holdings-as-busds-market-cap-slides-lower/Read more]]>Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by […]
]]>Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
https://www.digit.info/stablecoin-market-in-flux-more-than-2-billion-in-usdc-redemptions-in-30-days/
Fri, 10 Feb 2023 15:00:51 +0000https://www.digit.info/2023/02/10/stablecoin-market-in-flux-more-than-2-billion-in-usdc-redemptions-in-30-days/Read more]]>It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease of approximately 4.9% in the same time […]
]]>Stablecoin Economy Sheds Another $3 Billion in 44 Days
https://www.digit.info/stablecoin-economy-sheds-another-3-billion-in-44-days/
Sat, 28 Jan 2023 21:00:30 +0000https://www.digit.info/2023/01/28/stablecoin-economy-sheds-another-3-billion-in-44-days/Read more]]>The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]
]]>2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week
https://www.digit.info/2023s-crypto-gainers-decentralands-mana-token-outperforms-bitcoin-with-88-increase-in-one-week/
Tue, 17 Jan 2023 15:00:15 +0000https://www.digit.info/2023/01/17/2023s-crypto-gainers-decentralands-mana-token-outperforms-bitcoin-with-88-increase-in-one-week/Read more]]>The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]
]]>Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
https://www.digit.info/trons-usdd-stablecoin-experiences-fluctuations-again-drops-below-1-parity-in-early-2023/
Wed, 11 Jan 2023 00:30:08 +0000https://www.digit.info/2023/01/11/trons-usdd-stablecoin-experiences-fluctuations-again-drops-below-1-parity-in-early-2023/Read more]]>The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per […]
]]>2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
https://www.digit.info/2022s-market-review-crypto-economy-loses-1-4t-top-10-token-knockouts-terras-collapse/
Wed, 21 Dec 2022 22:00:32 +0000https://www.digit.info/2022/12/21/2022s-market-review-crypto-economy-loses-1-4t-top-10-token-knockouts-terras-collapse/Read more]]>2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]
]]>BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst
https://www.digit.info/bnb-was-the-top-tens-best-market-performer-in-q2-bitcoin-takes-second-place-solana-performed-the-worst/
Sat, 23 Jul 2022 13:00:46 +0000https://www.digit.info/2022/07/23/bnb-was-the-top-tens-best-market-performer-in-q2-bitcoin-takes-second-place-solana-performed-the-worst/Read more]]>With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions have lost 30% to 60% in USD value during the past three months. Q2 data further shows that binance coin managed […]
Every few months, the rankings of the top ten crypto assets shift, and a year ago, the leading digital currencies were different from today. Some assets have moved to new positions, new entrants have emerged, and some have dropped out of the top ten. Yearly Crypto Market Update Reveals New Entrants and Price Fluctuations In […]
]]>
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only […]
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme […]
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by […]
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease of approximately 4.9% in the same time […]
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per […]
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]
With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions have lost 30% to 60% in USD value during the past three months. Q2 data further shows that binance coin managed […]