Auto Added by WPeMatico

Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users

Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars,…

Continue ReadingTether Integrates USDT on TON Network, Targets 900 Million Telegram Users

Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day

The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator,…

Continue ReadingBitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day

NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market

Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this…

Continue ReadingNFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market

Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they…

Continue ReadingBitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

While the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery…

Continue ReadingThe Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

Massive BTC Market Turbulence, Analyst Predicts $650K BTC Price, and More — Week in Review

Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $4,500 drop and erasing $167 million in BTC long positions within just an…

Continue ReadingMassive BTC Market Turbulence, Analyst Predicts $650K BTC Price, and More — Week in Review