Ethereum Stablecoin Supply Reaches All-Time High Ethereum recorded nearly $1 billion in new stablecoins daily last week, totaling around $5 billion in inflows. This surge lifted its total stablecoin supply to a record $165 billion, according to Token Terminal. The milestone more than doubles Ethereum’s stablecoin supply since January 2024, underscoring its growing role in…
The Market’s Post-Peak Pullback The cryptocurrency market recently experienced a period of intense volatility, with Bitcoin (BTC) hitting a new all-time high of over $124,000 before a sharp, short-lived drop below $118,000. This pullback was triggered by a combination of factors, including higher-than-expected wholesale inflation figures that dampened hopes for a cut in U.S. interest…
BlockDAG The Next-Gen Contender for Massive Growth The crypto market is stirring with renewed energy, and while established players like Avalanche (AVAX) and Tron (TRX) are navigating their next steps, a new contender, BlockDAG (BDAG), is charging ahead with unprecedented momentum. This isn’t just another presale; it’s an aggressive push to redefine the crypto landscape.…
Bitcoin has once again asserted its dominance, surging past a significant price threshold to reach unprecedented levels. This bullish momentum in the leading cryptocurrency often creates a favorable environment for altcoins, and true to form, three alternative cryptocurrencies are currently hovering tantalizingly close to their all-time highs. Amidst this excitement, a new budget-friendly token, XYZVerse,…
Despite a significant U.S.-led effort to freeze $26 million in Tether (USDT) linked to Garantex, a Russian cryptocurrency exchange under sanctions, a new investigation reveals a substantial portion of its digital assets remains active and beyond the reach of current enforcement. Blockchain analytics firm Global Ledger uncovered that an additional $15 million in crypto assets…
As Bitcoin’s price continues to drop, Tron seems to be suffering alongside it. Tron claims to be a decentralized platform allowing users to freely publish and store content. They have further implemented their own cryptocurrency called Tronix (TRX), which can be used throughout their network, thereby allowing users to earn through online games. In the…
