Tether, the popular dollar-pegged stablecoin, has experienced a tremendous rise in the past six years, bringing its total assets close to the $100 billion mark. According to the latest transparency report, Tether’s total assets currently stand at $95.2 billion. The majority of these assets, accounting for $92 billion, are held in the form of the
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The price of Solana (SOL) has been on a staggering rise, increasing by 722% year-to-date. This growth has not only attracted attention but also posed challenges for the network. Along with the surge in value of the native token, the use of Solana-based meme coins like Bonk Inu (BONK) has skyrocketed by over 854% this
Crypto financial services platform Matrixport has recently stirred up a frenzy in the crypto community with the release of two conflicting articles on January 2nd, each offering contradictory projections about the future of Bitcoin (BTC). These articles generated mixed sentiments among investors and triggered a wave of controversies. This critical analysis aims to dissect and
The cryptocurrency market recently experienced a sell-off, causing Bitcoin’s price to plummet by over 10%. However, amidst this downturn, savvy investors see an opportunity to buy into the market at lower prices. As the market sentiment turns bullish, let’s explore five established cryptocurrencies that may lead the charge in 2024. One of the mainstays in
Cross-chain lending protocol Radiant Capital recently fell victim to a hack, resulting in the loss of 1,900 ETH, equivalent to around $4.5 million. The incident was discovered by blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol, utilizing cross-chain functionality built with LayerZero technology. Currently, the protocol
In recent years, the world of digital collectibles has experienced an explosion in popularity. From art to gaming, these unique digital assets, known as Non-Fungible Tokens (NFTs), have taken industries by storm. NFTs provide creators, collectors, and innovators with a new way to buy, sell, and trade digital goods. However, to fully participate in the
Sorare, the popular fantasy football game, has recently introduced an exciting new feature called the Manager ID. This feature aims to enhance the overall experience of its users by representing their achievements and status within the Sorare community. Departing from the traditional profile, the Manager ID combines visual elements that symbolize a player’s journey, decisions,
Artificial intelligence (AI) has firmly established itself as a game-changer in the blockchain tech space. Platforms like Internet Computer (ICP), The Graph (GRT), and Theta Network (THETA) have already demonstrated the immense potential of AI technology in various aspects of the crypto industry. Now, a new platform called Launchpad XYZ is poised to become the
Bitcoin has been making waves in the financial world, with its price soaring to new heights in recent years. The cryptocurrency has gained the attention of investors, institutions, and even governments. While price predictions for Bitcoin vary, one analyst, Lyn Alden, is optimistic about its future. In a recent interview, she stated that she hopes
In recent weeks, Solana has taken the cryptocurrency market by storm, becoming one of the most highly sought-after digital assets. This remarkable surge has seen Solana soar by an astounding 775% in the last year, attracting investors eager to take advantage of its impressive rally. The bullish momentum of Solana has also led to the
In a shocking turn of events, the cryptocurrency market experienced a massive selloff today, wiping out nearly $200 billion in value. The driving force behind this sudden plunge was the rumor of impending Bitcoin ETF denials by the SEC. As Bitcoin prices started to plummet around 6AM, altcoins followed suit, experiencing drops of 20 to
Cardano (ADA) has experienced a remarkable climb, surpassing 150% in 2023. This surge in price coincides with significant growth in the Cardano ecosystem, particularly in the leading Decentralized Exchange (DEX) Minswap, which has seen a staggering 26,000% gain and attracted a substantial influx of new users. Currently trading at $0.61, ADA is showing positive signals
In the world of cryptocurrency exchanges, Binance has been a dominant player for several years. However, recent data from Paris-based crypto intelligence platform Kaiko reveals a significant decline in Binance’s market share. From its peak at 60% in 2022, Binance’s market share plummeted to 44.5% in the past year. This decline marks a departure from
The FIL price has experienced a 4% drop in the past 24 hours, falling to $7.48. This decline is part of a broader 1% decrease in the crypto market today. Despite this dip, Filecoin has still seen significant gains over the long-term. It has risen by 31% in the past week, 54% in the last
The world of cryptocurrencies often witnesses the rise and fall of various meme tokens, with some experiencing significant surges in value overnight, only to crash and disappear just as quickly. One recent example is BLOB, a token that saw a staggering 7,000% increase in value on the Solana-based Radium DEX. However, the price of BLOB
One of the recurring discussions surrounding Ripple’s XRP buybacks is whether the company should be focused on distributing the cryptocurrency instead of purchasing more. This question was raised by a community member known as Crypto Mark. The argument is that Ripple should own less XRP rather than increasing its holdings. However, Mr. Huber, an esteemed
Crypto exchange OKX has recently announced that it will be introducing new requirements to ensure compliance with the regulations set by the U.K. Financial Conduct Authority (FCA). These measures, which will come into effect on January 8th, are aimed at enhancing user awareness of the risks associated with cryptocurrency investments and evaluating their level of
Solana, a rapidly growing blockchain platform, has made significant strides in the NFT ecosystem. On December 23rd, the platform experienced an extraordinary surge in NFT sales, marking a pivotal moment not only for Solana but for the entire NFT market. What sets Solana apart from other blockchain networks is its focus on providing fast and
As Bitcoin’s highly anticipated halving event approaches, analysts are closely examining the potential trajectory of the cryptocurrency. Prominent crypto trader Adrian Zdużyczyk has recently shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs post-halving. Zdużyczyk’s projections, shared on various platforms, hinge on favorable market conditions and pivotal financial events. The beginning
The expiration of copyright protection for Disney’s iconic 1928 short film, “Steamboat Willie,” has sparked a new trend in the OpenSea NFT market. This landmark animation, known for introducing early versions of Mickey Mouse and transforming Disney’s fortunes, is now accessible to the public in the United States. Its entry into the public domain has
The crypto industry is gearing up for an exciting and strong bullish run in 2024, as analysts across the board predict new all-time highs for various assets. This optimistic outlook has investors on high alert, eagerly searching for cryptocurrencies that offer the potential for substantial returns. With this in mind, a well-known crypto analyst, who
Ping Exchange has recently made waves in the crypto trading landscape by initiating its trading operations on January 1st. This new entrant in the industry brings a unique feature to the table: the integration of CorePass ID for user authentication. By leveraging the Core Blockchain ecosystem, Ping Exchange offers users a decentralized digital identity that
In the volatile world of cryptocurrencies, overnight success stories are not uncommon. However, the recent surge of JJ Coin has left many traders both excited and skeptical. With an astonishing 20,000% rise overnight and an impressive 11,000% gain in the past 24 hours, it’s hard to ignore JJ Coin’s performance. But before jumping on the
As Ripple’s native token, XRP, continues to make headlines in the cryptocurrency industry, industry participants are eagerly speculating on whether it is on the verge of a price rally. With its parent company’s success in a lawsuit against the US Securities and Exchange Commission (SEC), many are optimistic about XRP’s future. In this article, we
As the prominence of Non-Fungible Tokens (NFTs) continues to grow, so does the risk of hacks and cyber attacks targeting these valuable digital assets. NFTs are stored on blockchain platforms, which provide a decentralized and transparent ledger to record transactions. On the surface, blockchain technology seems secure, but there are vulnerabilities that hackers exploit to
Bitcoin has experienced a significant surge, gaining 7.2% in the past 24 hours. During the Tuesday morning Asian trading session, the leading cryptocurrency reached an intraday high of $45,498. This impressive rally comes after a relatively flat performance over the holiday weekend, signaling a bullish start to the new year. These price movements have propelled
The United States Securities and Exchange Commission (SEC) is expected to make an announcement in the coming days regarding the approval of spot Bitcoin exchange-traded fund (ETF) applicants. According to sources, the SEC will notify applicants on either January 2nd or January 3rd of their clearance to launch their ETFs. This would provide them with