The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether. According to a Feb. 1 report from Glassnode, the amount of USDC on exchanges increased by more than 112% in January alone, growing from $431 million to over […]
Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development. A Curious Race to Convert Crypto to Fiat Has Accompanied Bitcoin’s Latest […]
The Wall Street Bets phenomenon recent took a grasp of the crypto market, with an army of retail investors first targeting Dogecoin before setting their sights on XRP XRP saw some slow momentum at first, but rumors regarding a “pump and dump” Telegram chat looking to rocket its price quickly […]
XRP closed the weekend with a price rebound that sent it to new levels that were last seen in December of 2020. The rally sent the cryptocurrency up by 56%, causing prices to skyrocket from $0.2605 to a high of $0.50944. The price pump comes after XRP’s price decline from […]
The Bitcoin (BTC) price could be headed a lot higher as more companies allocate a portion of their treasuries to the digital asset, according to new research from ARK Invest. In its annual Big Ideas report, ARK said Bitcoin’s price would increase by roughly $40,000 if “all S&P 500 companies […]
Key Takeaways IDEX decentralized exchange has launched on Binance Smart Chain due to exorbitant fees on Ethereum. The new integration offers to reduce settlement fees. A promotional plan will reward traders and IDEXB stake holders until Feb. 11. The developers of the application have also planned the launch of the […]
The month of January 2021 has not been fair to some of the popular digital currencies among the top 10 cryptocurrencies on the market. There was a big amount of volatility in most of the cryptocurrencies. The price of the most cryptocurrencies fell following the warning from Janet Yellen, the […]
Entrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community. In a Jan. 31 blog post, Cuban suggested that the old-school investment community is currently taking a kicking from what he describes as the “Store of Value Generation.” […]
The popular meme coin, DOGE experienced a massive rally following the pump on Reddit and Twitter. It was around this time that retail traders started to hype up the coin, amid the history-making Reddit rally of GameStop and other stocks. As reported by coinpedia, the meme coin surged more than […]
Bitcoin Press Release: Stratis’ innovative blockchain solutions have attracted the attention of the digital asset investment fund, Alphabit, who have injected an initial investment while commiting to a further 7 figure investment over the next 24 months for growth and development of the BaaS ecosystem. 1st February 2020, London, United […]
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