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Tether's Supply Dominance Hits Record Low as USDC & Co Rise


As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases. Per...

Bitcoin and Ethereum Trade To Record Highs, Altcoins Rally


Bitcoin price remained in a strong uptrend above the USD 50,000 resistance. BTC extended its rise above USD 52,000 and traded as high as USD 52,750. It is currently (05:00 UTC) correcting gains, but dips might be limited below USD 51,000. Similarly, there were strong bullish moves in most major...

Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax


A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this...

Dogecoin’s Record Price Hike Signals Bubble


“Big Short” investor Michael Burry recently called Dogecoin a bubble, citing enough reasons that go in favor of his prediction. First, Dogecoin is perhaps the only cryptocurrency that does not have market capitalization. It was launched in 2013 when its price was around A$5.6 billion on...

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