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PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge
25.10.2023
According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September 30, 2023. Concentration, however, is still evident...
Lawyers Project Ripple to Emerge as Winners Over The SEC in Future Appeals
23.10.2023
Pro-digital asset lawyers have projected a victory for Ripple (XRP) in any appeal by the Securities and Exchange Commission (SEC) in the case of alleged unregistered securities offering.
In a social media post on X (Twitter), Jeremy Hogan, a pro-XRP attorney who closely followed the lawsuit...
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...
XRP Price Prediction as Rumors Emerge of Possible Ripple IPO – Could XRP Reach $100?
18.10.2023
The XRP price has gained by a very slight 0.2% in the past 24 hours, as speculation emerges that Ripple is preparing for a possible initial public offering in the US.
Such rumors emerged after observers noticed a job posting on Ripple's website for a Shareholder Communications Senior Manager,...
Ethereum Price Prediction as Recovery May Emerge From $1,500 – Is the Bearish Trend Reversing?
16.10.2023
The Ethereum price has risen by 1.5% in the past 24 hours, with its move to $1,579 coming as the cryptocurrency market as a whole recovers by nearly 2% today.
Despite today's rise, ETH remains down by 2% in the past week and by 9% in the past fortnight, although the altcoin has risen by 32% since...
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
9.10.2023
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 and 811,244, two addresses from that vintage year...
Joe Rogan Says Bitcoin Is the Most Likely Contender for a ‘Universal Viable Currency’
9.10.2023
This week, Openai’s CEO, Sam Altman, delved into the nuances of artificial intelligence (AI) on the Joe Rogan Experience podcast. As they conversed, Rogan articulated that the “real fascinating crypto is bitcoin.” He then expounded on his belief that bitcoin holds the most...
$UNI Reserves Peak Causes Stir; $XRP, $ADA and $ROE Grab Investors Attention
14.9.2023
Cryptocurrencies are known for their volatility and rapid market dynamics. Recent developments have sparked significant interest among investors. Uniswap’s native token, $UNI, recently experienced a surge in reserves, causing quite a stir within the crypto community. While $UNI grabs...
Solana Price Prediction as Rumors Emerge of FTX Dumping Tokens – Can SOL Drop Below $10?
11.9.2023
The price of SOL has dropped by 3% in the past 24 hours, falling to $17.72 after speculation emerged that FTX is readying itself to offload its Solana-related holdings.
SOL is now down by 10% in the past week and by 27% in the last 30 days, although the altcoin remains up by 77% since...
Bitcoin Price Prediction as Rumors Emerge About Deceased Wagner Leader Pirogozhin's Billion-Dollar BTC Wallet – What's Going On?
30.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a drop below $26,000 in the past day, but quickly recovered above, settling around $26,070.
Bitcoin has had a difficult month, with an 11% decrease caused by increased selling pressure and a lack of new market drivers....
Read More: Bitcoin...
‘Green Finance’ Options Emerge for China’s Digital Yuan
15.8.2023
More Chinese firms are using the digital yuan, the nation’s central bank digital currency (CBDC), to access funding for “green” business projects.
Per Nanfang Daily News (via SouthCN), an electronics firm in Guangdong Province, Southeast China, became the first company in the province to access...
Genesis Report: Crypto Derivatives Emerge as the Next Key Growth Driver in 2023
11.8.2023
According to the Q2 2023 report from Genesis Trading, crypto derivatives is set to experience substantial expansion, fueled by a massive decrease in spot market liquidity and a notable trend towards utilizing derivative instruments.
"With spot market liquidity suffering and spot order book depth...
Dogecoin Price Prediction as Rumors Emerge of Elon's X Platform Adding Trading Features – Will DOGE Be Included?
4.8.2023
The Dogecoin price has risen by 1% in the past 24 hours, rising to $0.074070 amid reports that Twitter (now 'X') is working on the addition of trading features to its platform.
As bullish as this news may have been for DOGE's price, Elon Musk himself has quickly moved to deny such reporting, with...
UFO Hearing Sparks Crypto Degen Frenzy: More Than 50 Alien Shitcoins Emerge
28.7.2023
Following a recent hearing, where a former military intelligence officer turned whistleblower disclosed that Congress lacks information about unidentified anomalous phenomena (UAPs) or Unidentified flying objects (UFOs), crypto degen swiftly seized the opportunity and created multiple UFO-themed...
Bitcoin (BTC) Slides Back Below $30K, But Should Pump if These Correlations Re-emerge
18.7.2023
Bitcoin (BTC), the cryptocurrency that powers the world’s largest decentralized cryptographically secured network in the world, fell around 1.5% on Tuesday to the $29,700 area and briefly hit fresh one-month lows around $29,500 earlier in the day....
Read More: Bitcoin (BTC) Slides Back Below $30K...
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
BTC price remains 'undoubtedly bullish' as $30K Bitcoin buyers emerge
7.7.2023
Bitcoin may be back in a familiar range after snap volatility, but the picture is "undoubtedly bullish" for BTC price, one trader says
XRP Price Prediction as Rumors Emerge of SEC Chairman Gary Gensler Resigning – How Will XRP React?
3.7.2023
The XRP price has barely moved in the past 24 hours, despite the emergence of reports that SEC Chairman Gary Gensler is to resign from his position.
At $0.482915, XRP is down by 0.3% in a week and by 8% in the last 30 days, although the altcoin remains up by 42% since the beginning of...
Crypto exchange TrigonX latest to emerge from the FTX rubble
30.5.2023
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX
Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
23.5.2023
Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy