On November 23rd, in response to higher trading activity in the cryptocurrency markets, especially when Bitcoin’s price approached $100,000, stablecoin issuer Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. According to data compiled by Arkham Intelligence, two billion USDT were created in a single transaction
With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency market is about to enter a pivotal week. Furthermore, market players’ anxieties have been heightened by the cryptocurrency market’s expiration. For background, investors are waiting to
Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it
The substantial advances in the cryptocurrency market drove a weekly sales volume of $181 million for non-fungible tokens. According to statistics compiled by CryptoSlam, a digital collectibles tracker, NFTs sales volume recorded for $181 million in the seven days ending November 17th. Compared to the previous week, when NFTs only
The Asian side of the world woke up to the crypto market’s slight dip in prices. However, on a positive note, prices have steadied their position in the bull run after recent rallies. This clears the path for more progressive growth in the coming days. Meanwhile, turning eyes to major
Bitcoin created a new high closer to the $100K target — $93.4K — in the last 24-hour window. Parallel to this, a pack of memecoins dominates the top crypto gainers with their impressive price rallies and hints at the potential memecoin supercycle. Trending players like PEPE, POPCAT, and HIPPO mark
Recent political developments in the United States have triggered significant movement in cryptocurrency markets, particularly affecting Solana’s price trajectory. The digital asset currently demonstrates strong technical positioning as it approaches critical resistance levels. Solana technical analysis and market dynamics Trading activity shows SOL maintaining position above its 20-day exponential moving
Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics.
The RUNE price rally has taken many traders by surprise. The rally followed news that THORChain would enter into a collaboration with Kujira, which improves liquidity and community interaction. As RUNE rallied, the Arbitrum price has continued to plunge, pushing it to new lows and making any hopes of recovery
Cryptocurrency enthusiasts typically seek out high-potential investments, and the current market trends are brimming with options. Solana (SOL) is experiencing a boost from hefty transaction volumes and a dynamic meme coin community. Meanwhile, Aptos (APT) is gaining traction with its recent USDT integration, which is enhancing DeFi liquidity and functionality.
