Coinbase and Circle-Backed Stablecoin USD Coin Breaks $1B Market Cap
Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. Go to Source Powered by WPeMatico
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Amazon CEO Bezos Now Has More Money Than Bitcoin’s Market Cap
Jeff Bezos is worth more than all Bitcoin in circulation, but he likely couldn’t buy it all himself. Go to Source Powered by WPeMatico
Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes
Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than five years, the analysis shows. Bitcoin’s Volume Growth … Read more
Tether USDT Surpasses XRP as the 3rd Largest Cryptocurrency
Stablecoin Tether has just surpassed XRP as the third-largest cryptocurrency and is now the second-largest altcoin behind Ethereum’s Ether (ETH). Go to Source Powered by WPeMatico
Bitcoin May Blow Past $100K By 2021, Morgan Creek CEO Says
Morgan Creek’s CEO said Bitcoin could fly past $100,000 over the next year or so. Go to Source Powered by WPeMatico
Coronavirus Stimulus Is More Than Twice Crypto’s All-Time Market Cap High
Showing just how small the crypto space is, the recent U.S. stimulus package is 240% larger than the industry all-time high levels Go to Source Powered by WPeMatico
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
The U.S. Fed has extended its trillion-dollar injection efforts through March — a giant sum compared to all the money invested in crypto Go to Source Powered by WPeMatico
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto Go to Source Powered by WPeMatico
Bitcoin Mempool Briefly Drops to Zero on Blockchain.com
Blockchain.com apparently experienced a system glitch as its Bitcoin mempool tracker was stuck at zero on this Friday 13th Go to Source Powered by WPeMatico
$135B Injection from European Central Bank Dwarfs BTC Market Cap
Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance Go to Source Powered by WPeMatico
