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Stablecoins’ future becomes uncertain amid crypto slump
For the 14th consecutive month, the total market cap of stablecoins continues to shrink, standing at a modest $130 billion in May – a startlingly low point unseen since September 2021. But, as their numbers dwindle, the crypto market faces… дальше »
2023-5-25 13:36 | |
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Crypto Market Alert: Tether Market Cap Fuel Hopes For Major Rally
Despite lackluster trade volume and price movements in the cryptocurrency market, Tether’s market cap is rising, nearing its all-time high of $82. 9 billion. Tether, also known as USDT, is a stablecoin pegged to the U. дальше »
2023-5-25 23:04 | |
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USDT’s total supply nears all-time high: will cryptos like Metacade rally higher?
Key takeaways USDT’s total market cap is close to its all-time high of $84. 1 billion. Tether’s recovery could see the broader crypto market embark on a rally again. Metacade could be one of the biggest winners thanks to the project’s huge potential. дальше »
2023-5-25 19:41 | |
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Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH
The Ethereum (ETH) network has reached a significant milestone following the highly-anticipated Shanghai upgrade, as staking activity soars to new heights. According to crypto analytics platform Cryptorank, the Ethereum deposit contract balance has exceeded $40 billion, with users depositing over 4. дальше »
2023-5-25 19:30 | |
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Bitcoin loses $27k level in red market: CryptoSlate wMarket Update
Over the last 24 hours, the cryptocurrency market saw net outflows of $20 billion and currently stands at $1. 12 trillion — down 1. 98% from $1. 14 trillion. During the same period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 2. дальше »
2023-5-24 15:18 | |
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The 'why' behind Tether's market cap surge
USDT has added $11 billion to its market valuation since the banking crisis of March. More than 50% of all USDT tokens were issued on Tron. Tether [USDT], the largest stablecoin in the worlThe post The 'why' behind Tether's market cap surge appeared first on AMBCrypto. дальше »
2023-5-23 16:30 | |
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Single Wallet Destroys 1.2 Billion SHIB, Burn Rate Surges Over 2,000%
In a display of token destruction, a single wallet has set the Shiba Inu (SHIB) community ablaze by destroying a significant amount of SHIB tokens. According to data from the Shiba Inu burn tracker, Shibburn, the Shiba Inu burn rate is currently up by 2,372% in the past 24 hours due to the burn from one single wallet. дальше »
2023-5-23 16:00 | |
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Shiba Inu Price Analysis & Prediction (May 23rd) – SHIB Enters Oversold Zone Following $3 Billion Cut in Market Cap
Since the price rolled back near the previous bottom last week, Shiba Inu (SHIB) remains indecisive and has shown no sort of recovery. It looks extremely oversold after depreciating by roughly 24% in the past month. дальше »
2023-5-23 10:49 | |
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Bitcoin and Ethereum volumes dry up amid price struggles
Amid price struggles, on-chain metrics show Bitcoin and Ethereum volumes have dried up. BTC volume has fallen from over $40 billion worth of trade to just above $11. 4 billion while ETH volume declined from near $20 billion to about $4. дальше »
2023-5-23 00:55 | |
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Ethereum (ETH) Beacon Chain Shatters Records With $7.7 Billion Inflows
Ethereum’s (ETH) Beacon Chain has seen significant inflows since staking withdrawals were enabled on April 12th, with over $7. 7 billion worth of Ethereum deposited into the contract. This is despite some initial predictions of a flood of outflows following the Shanghai Upgrade. дальше »
2023-5-23 23:00 | |
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Stablecoin exchange balance drops below $20B
The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate. According to the chart below, the stablecoin balance across exchanges peaked at over $44 billion in December 2022 when the market was still smarting from FTX’s collapse. дальше »
2023-5-23 20:38 | |
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JPMorgan Hikes 2023 Key Revenue Target to $84B Following Its First Republic Acquisition
Coinspeaker JPMorgan Hikes 2023 Key Revenue Target to $84B Following Its First Republic Acquisition Banking powerhouse JPMorgan recently increased its 2023 revenue target by $3 billion on improved operational prospects. дальше »
2023-5-22 18:50 | |
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EU Slaps $1.3B Fine on Meta for Violating GDPR EU User Data Protection Laws
Coinspeaker EU Slaps $1. 3B Fine on Meta for Violating GDPR EU User Data Protection Laws On Monday, the EU imposed a record $1. 3 billion fine on social media giant Meta for transferring EU user data to the US. дальше »
2023-5-22 17:07 | |
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Shiba Inu (SHIB) Burn Continues As Community Destroys 3 Billion Tokens In One Week
The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued to burn SHIB tokens. Recent data from Shibburn. дальше »
2023-5-22 15:41 | |
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CryptoSlate wMarket Update: TRON leads top 10 in otherwise flat market
Since the last wMarket report on Friday, the cryptocurrency market saw net outflows of $0. 43 billion and currently stands at $1. 12 trillion — down 0. 04% from $1. 12 trillion. Since May 19, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 0. дальше »
2023-5-22 15:15 | |
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Legal Battle Brews: EOS Network vs. Block.one Over $1B Investment Commitment
The EOS Network Foundation has called out Block. one for not living up to a 2018 promise to invest a billion dollars in the EOS ecosystem. The post Legal Battle Brews: EOS Network vs. Block. дальше »
2023-5-21 15:18 | |
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Cardano at $500 billion market cap: Feasible or unattainable?
An analyst opined that ADA could hit $0.70 and a $500 billion market cap. Long-term ADA holders remained resolute by failing to sell. Reaching a $500 billion market capitalization for CardThe post Cardano at $500 billion market cap: Feasible or unattainable? appeared first on AMBCrypto. дальше »
2023-5-21 06:30 | |
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NFT Market Growth: A Future Forecast of $342 Billion by 2032
Market Research Future (MRFR) recently released a study on the NFT market growth, forecasting robust growth between 2022 and 2032. The research projects a compound annual growth rate (CAGR) of approximately 27. дальше »
2023-5-20 00:20 | |
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NFT Market Takes A Hit: Sales Could Drop Below $1 Billion For The First Time In 2023
The Non-Fungible Tokens (NFT) industry has been a hub of innovation and growth over the past year, but as it approaches the midway point of 2023, the market is showing signs of maturation and change. дальше »
2023-5-20 22:18 | |
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Less than $20 billion of stablecoins left on exchanges as capital continues to drain
Key Takeaways Nearly $24 billion of stablecoins have left exchanges since FTX collapsed last November The total marketcap of stablecoins has dipped $16 billion in that time Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices Strict regulatory climate in the US, high yields in trad-fi and uncertainty may […] The post Less than $20 billion of stablecoins left on exchanges as capital continues to drain appeared first on CoinJournal. дальше »
2023-5-20 19:01 | |
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Analyzing the impact of BNB Chain's latest burn event on its stablecoin ecosystem
With a market cap of $6.63 billion, BNB Chain was the third-largest repository for stablecoins. The market cap has shrunk considerably, nearly 27%, since February. Binance announced a major The post Analyzing the impact of BNB Chain's latest burn event on its stablecoin ecosystem appeared first on AMBCrypto. дальше »
2023-5-19 04:30 | |
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Gala Games Burns $637M in GALA Tokens to Secure Community Trust
Gala Games has taken a brave step by burning nearly 21 billion GALA tokens, valued at over $637 million, following the completion of its V2 token airdrop. This substantial reduction in Gala Games’ reserves aims to alleviate worries about a potential “dump and exit” event. дальше »
2023-5-19 23:50 | |
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As Tron witnesses a spike in burning activity, will it fuel TRX prices? Assessing...
TRX's circulating supply was 90.4 billion, registering a fall of more than 7% on a YoY basis. Indicators suggested that market sentiment for TRX was weak. With the intention of long-term marThe post As Tron witnesses a spike in burning activity, will it fuel TRX prices? Assessing... appeared first on AMBCrypto. дальше »
2023-5-18 17:30 | |
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Do Kwon allegedly withdraws $2.15m in stablecoins
After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies. дальше »
2023-5-18 17:29 | |
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CryptoSlate wMarket Update: XRP leads large caps as market recovers recent losses
The cryptocurrency market saw net inflows of $17. 1 billion over the last 24 hours and currently stands at $1. 14 trillion — up 1. 5% from $1. 12 trillion. During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps grew 1. дальше »
2023-5-18 14:45 | |
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Shiba Inu price drops to a 5-month low as the burn rate falls
The crypto market has been tumbling for the past three weeks, with a roughly $145 billion fall in its global market capitalization. Shiba Inu (SHIB), the second-largest meme coin, hasn’t been a safe haven for its holders. SHIB’s price has… дальше »
2023-5-18 11:25 | |
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Bitget records almost $660B in Q1 futures trading volume amid surge at CEXs, Bitcoin rally in March
All major centralized exchanges saw growth in their futures trading volumes at the end of March, with Bitfinex and Deribit seeing triple-digit percentage gains, while Bitget (BGB)reported Q1 futures trading volume of $658 billion. дальше »
2023-5-18 23:46 | |
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How Can Distributed Ledger Technology Save TradFi $100 Billion A Year? Experts Share Their Views
The launch of blockchain technology led to a renewed focus on decentralized finance (DeFi) which many have seen as a competitor to centralized finance (CeFi). Over a decade down the road, perspectives may be changing. дальше »
2023-5-18 20:53 | |
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Does the divergence between USDT and USDC signify a winner in the stablecoin wars?
Quick Take USDT and USDC started roughly simultaneously, back in 2018, and grew in tandem with one another as the crypto market also grew, all the way through to 2022. In May 2022, USDC took a tumble to roughly $50 billion in circulating supply – total amount of all coins ever created/issued – while USDT […] The post Does the divergence between USDT and USDC signify a winner in the stablecoin wars? appeared first on CryptoSlate. дальше »
2023-5-18 19:47 | |
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Celsius withdrawing nearly $800 million of Ether from Lido
Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7% of the total amount staked with Lido Celsius has $4.7 billion of debts with creditors, and sent the market into a tailspin last year after it got caught up in the Terra contagion Celsius also […] The post Celsius withdrawing nearly $800 million of Ether from Lido appeared first on CoinJournal. дальше »
2023-5-17 17:30 | |
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Market Update: AXS & GALA Grow On Fundamentals, HEX Keeps Dropping On PLS Pressure
Taking a closer look at the overall cryptocurrency market, we can observe recent trends and movements in various cryptocurrencies. The cryptocurrency market experienced net outflows of $2. 6 billion in the last 24 hours, resulting in a slight decrease in the total market capitalization. дальше »
2023-5-17 15:59 | |
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Tencent Q1 2023 Earnings Statement Rides High on Increased Payment Volumes, Ad Sales, Gaming
Coinspeaker Tencent Q1 2023 Earnings Statement Rides High on Increased Payment Volumes, Ad Sales, Gaming Chinese tech giant Tencent saw its Q1 2023 revenue jump 11% YoY to $21. 4 billion amid relaxed industrial regulations. дальше »
2023-5-17 15:28 | |
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