Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD…
Alchemix, Connext eye bridge security with xERC20 token standard
Alchemix and Connext say the new token standard will benefit token issuers. DeFi bridges suffered exploits that saw over $2 billion stolen in 2022. Multichain bridge, which recently announced it…
More Troubles Ahead for ETH Following the Failure at $2K? (Ethereum Price Analysis)
Ethereum’s price has once again failed to break above the psychological resistance level of $2,000. While the PA has been bearish over the past few days, there is hope that…
BTC Tumbles to $29K But is the Selling Over? (Bitcoin Price Analysis)
Bitcoin’s price has recently fallen below the key $30K support level. Despite this, investors still have hope that the market will rebound. Technical Analysis By: Edris The Daily Chart: On…
XRP Crashes 7% as Market Turns Red, What’s Next? (Ripple Price Analysis)
Ripple faced strong rejection when attempting to breach the significant resistance region at $0.55. Currently, it’s challenging to identify Ripple’s direction due to the choppy price action. The most likely…
Stablecoin Liquidity Ratio Plummets: Implications For Bitcoin And Crypto
In the Bitcoin and crypto market, stablecoins have emerged as a crucial element for liquidity, often dubbed as the “dry powder”. Stablecoins like Tether (USDT), USD Coin (USDC) and TrueUSD…
Bitcoin Balances on Exchanges Have Reduced to 2018 Levels: Bitfinex Report
Market data shows consecutive inflows into crypto-backed investment funds, signaling that traditional investors are experiencing renewed interest in Bitcoin.
Digital Shovel Unveils NanoPOD, A Compact And Efficient Bitcoin Mining Solution
Digital Shovel launches NanoPOD, compact mining solution revolutionizes small to medium operations.
Worldcoin Founder’s Refusal To Answer Token Distribution Question Sparks Controversy
Worldcoin co-founder Alex Blania’s recent refusal to disclose the token’s distribution model has raised some eyebrows, including that of John Deaton, who has expressed his dismay at his action. Something…
Avalanche Foundation allocates $50M to new tokenization program
Avalanche Foundation wants to promote tokenization on Avalanche with the $50 million program. The tokenized assets initiative is dubbed Avalanche Vista. A recent survey report suggested 77% of capital markets…