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Could a new surge in TUSD supply trigger another Bitcoin rally?

The circulating supply of TrueUSD (TUSD), a highly liquid stablecoin, has seen a significant increase of almost $250 million between July 29 and July 30. While this might appear as a minor uptick for a stablecoin with a circulating supply exceeding $3 billion, historical data suggests that notable price rallies have often followed such spikes […] The post Could a new surge in TUSD supply trigger another Bitcoin rally? appeared first on CryptoSlate. дальше »

2023-8-1 21:45


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Is Another Bitcoin Rally Coming Soon? This Pattern May Say So

On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain analytics firm Santiment, the sharks and whales of the major stablecoins have been increasing their reserves while Bitcoin has been struggling recently. дальше »

2023-8-1 16:40