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Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets
10.11.2024
As of press time, the crypto economy is sitting at a hefty $2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $100 billion mark. Defi TVL Crosses the $100B Mark...
10 Months With Tether: USDT Supply Swells to $123 Billion, Leaving Rivals in the Shadows
10.11.2024
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether’s USDT Expands by 34% in 2024 Over the past year, USDT’s supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion. Tether...
$97 Billion and Growing: Solana’s Staggering Climb Captivates Crypto Market
10.11.2024
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $97.68 billion, capturing 3.66% of the $2.67 trillion crypto...
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
8.11.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed...
BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
8.11.2024
BlackRock’s spot Bitcoin ETF has surpassed $1 billion in inflows for the first time since its launch in January
Mastercard’s Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants
7.11.2024
Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service...
Defi Nears $100 Billion Milestone as Crypto Market Heats Up
7.11.2024
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time...
Tether to Perform $2 Billion USDT Chain Swap to Ethereum
7.11.2024
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between...
Elon Musk’s net worth soars by over $20 billion after Trump win
7.11.2024
The world’s richest man got richer following Donald Trump’s presidential election victory.
Elon Musk’s net worth soars over $20 billion after Trump win
7.11.2024
The world’s richest man just got richer following Donald Trump’s presidential election victory.
BlackRock Bitcoin ETF sees 'biggest volume day ever' with $4.1B traded
7.11.2024
BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States.
BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded
7.11.2024
BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDt volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
US presidential race bets near $4B on election day
5.11.2024
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
US presidential race bets near $4B on election day
5.11.2024
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets
5.11.2024
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available...
Binance Reveals Strategy to Introduce Crypto to the Next Billion Users
4.11.2024
Binance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market. Binance Reveals ‘Compliance First’...
Crypto funds see $2.2B inflows amid US election hype — CoinShares
4.11.2024
The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD
Crypto funds see $2.2B inflows amid US election hype — CoinShares
4.11.2024
The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD