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2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital…

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Tether Expands Bitcoin Reserves by $700M Amidst FUD Over USDT’s Status in Europe

Tether, the largest stablecoin issuer, has added $700 million worth of Bitcoin to its reserves. This development comes as CEO Paolo Ardoino addresses the fear, uncertainty, and doubt (FUD) surrounding…

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Bitcoin Mining Faces Rising Costs as Hashprice Boosts Provide Only Temporary Relief

The mining difficulty of Bitcoin hit a new peak of 109.78 trillion, climbing 1.16% in Sunday’s latest adjustment. This represents a 24% increase over the past 90 days and a…

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Bitcoin Price Analysis: BTC Risks Falling to $81K if it Breaks Below This Support Level

Bitcoin is struggling with the midline of its prolonged ascending channel around the $92K mark, teetering on the edge of a potential breakdown. Despite this, the cryptocurrency has several key…

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PEPE Price Jumps 6% Daily, Bitcoin Recovers to $94K After Monthly Low (Market Watch)

Bitcoin’s price troubles worsened yesterday as the asset dumped to its lowest price position in over a month of $91,300 before it recovered some ground. Most altcoins are also quite…

Continue ReadingPEPE Price Jumps 6% Daily, Bitcoin Recovers to $94K After Monthly Low (Market Watch)