$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere…
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Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in…
Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market
BTC and altcoins took a beating over the weekend, but data shows a market with healthier trading conditions, even if prices consolidate for the foreseeable future.
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price today, but derivatives data also shows that pro traders are becoming more bullish.
Study Finds Most Popular Cryptocurrencies With Russian Social Media Users
In a year with rising crypto prices, online chatter devoted to cryptocurrencies has increased significantly. Research carried out on Russian social media has identified the most talked about coins and…
Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume
A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is…
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant…
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why.
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