Navigating the volatile realm of cryptocurrencies, Ethereum (ETH) stands out, maintaining its influential role among altcoins. Boasting a substantial market capitalization exceeding $228 billion, Ethereum retains its position as the silver medalist in the crypto race. A stable price of $1,901.09 also signifies this digital currency’s steady acceptance and usage.
In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal
Since the beginning of the month, Bitcoin’s (BTC) value has increased by the most among all cryptocurrencies. After a sustained bullish ascent, the leading cryptocurrency reached a new annual high of almost $31,000 this past week. Bitcoin is now trading at $30,555 at the time of this writing. Glassnode, an
The cryptocurrency market is on the cusp of mainstream adoption globally fueled by regulatory scrutiny. The need for user-friendly cryptocurrency platforms is on the rise. As a result, Palm Labs Inc., a British Virgin Islands incorporated company, launched the Palmswap network, a decentralized exchange (DEX) used for trading perpetual contracts
Binance US, the American branch of the world’s biggest crypto exchange, stated on Friday that it has worked with banking partners to fix the exchange’s USD withdrawal problems. It advises changing USD fiat funds to stablecoins cautioning that financial partners may cease the service soon. On June 23rd, Binance.US made
In recent news, we found out that the FED plans to raise interest rates soon, which caused worry all over. However, the worry immediately subsided as China announced its stimulus package that has the potential to inflate everything, including Bitcoin (BTC), Ethereum (ETH), and Tradecurve (TCRV). Out of the three,
In the exciting world of cryptocurrency trading, market participants are constantly on the lookout for potential breakout opportunities that can offer significant profit potential. More so, one such intriguing prospect has emerged for Optimism, the trading pair of the OPUS token against Tether (USDT). Even more, a notable technical pattern
As per the data retrieved from Etherscan, the analytics platform for Ethereum, it is noted that the highest withdrawal of Ethereum (ETH) in recent times. All of those withdrawals are remarked from fresh wallets of count three. However, the top cryptocurrency exchanges like Binance and Kraken are involved in the
CoinMarketCap data reveals that the U.S. dollar-pegged BUSD stablecoin has dropped to fourth place in market capitalization among other stablecoins, having lost more than $1 billion during the last 30 days. There has been a 29% drop from May 18’s $5.54B market value to today’s $4.3B valuation of BUSD. Since
In a significant development for the cryptocurrency market, major digital currencies closed the week with notable gains, driven by the news of “BlackRock’s plans to launch a Bitcoin exchange-traded fund (ETF).” The announcement by BlackRock, one of the world’s largest asset management firms, has captured the attention of investors and
