Auto Added by WPeMatico
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo…
Cryptocurrency exchange Coinbase has announced the implementation of fees for converting the stablecoin USD Coin (USDC) into USD. Circle serves as the issuer of USDC, a stablecoin that, as of…
Tether’s (USDT) circulating supply has long been a subject of intense speculation regarding its potential impact on the price of Bitcoin. Recent findings from CryptoQuant suggest a significant correlation between…
The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024…
In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential…
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin –…
In 2023, illicit crypto addresses experienced a notable decrease in value to $24.2 billion, with Chainalysis reporting a decline in the share of all crypto transaction volume related to such…
The overall market value of cryptocurrencies has increased, leading to a decline in the dominance of stablecoins. Their share of the total crypto market cap has dropped from 17.3% to…
On January 15, TrueUSD (TUSD), the USD-pegged stablecoin, experienced a deviation from its $1 parity that saw its price decline to $0.985. This comes amidst speculations that TrueUSD holders are…
Tether, the entity responsible for the USDT stablecoin, has experienced a surge in market dominance from 50% to an impressive 71% throughout 2023, as reported by Glassnode. Meanwhile, Tether’s growth…