Bookmarking Crypto Insights
Auto Added by WPeMatico
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been notably growing, with the market value surging to $55 billion. Go to Source Powered by WPeMatico
Ethereum’s Ropsten testnet successfully integrated the merge to become proof-of-stake, but this hasn’t stopped traders from adjusting their downside price targets. Go to Source Powered by WPeMatico
BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome. Go to Source Powered by WPeMatico
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. Despite Losing Over 16% in … Read more
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve … Read more
The non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) has seen its floor value jump to 152 ether ($430K) for the cheapest Bored Ape NFT. Since September 1, 2021, the floor value of the BAYC NFT collection jumped from 25 ether ($70K) to today’s 152 ether, climbing more than 500% in value over the … Read more
The success of MoonBirds and traders’ anticipation of Yuga Labs’ The Otherside land sale is bringing a wave of fresh liquidity to the NFT market. Go to Source Powered by WPeMatico
Bitcoin’s breakout above $42,000 was short-lived, leading some analysts to suggest that swing trading BTC’s range is the smartest move for now. Go to Source Powered by WPeMatico
The Central Bank of Russia reported the country’s money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. Go to Source Powered by WPeMatico
The list of top-valued coins on CoinGecko briefly went somewhat irrelevant, with BTC falling behind the “Relevant” token. Go to Source Powered by WPeMatico
