The stablecoin market has seen extraordinary growth over the past few years, highlighting its crucial role in the broader cryptocurrency ecosystem. In March 2020, the market value of stablecoins was a modest $5 billion. However, by April 2022, this figure had skyrocketed to an all-time high of $188 billion, driven by the last bull cycle. […]
Tag: Market
Recent data from Robinhood’s Chief Brokerage Officer reveals interesting insights into the dynamics of the Bitcoin (BTC) market. Approximately 20% of BTC spot ETF transactions occurred within retirement accounts, indicating a notable presence of long-term investors in this segment. Moreover, a significant portion of Grayscale’s Bitcoin Trust (GBTC) sellers opted to reinvest their funds into […]
The native token of the BENQI ecosystem, Qi Coin, is displaying notable signs of a bullish trend. Navigating the dynamic realm of decentralized finance (DeFi), BENQI Crypto stands out as a beacon of innovation, reshaping how we engage with digital assets. Promising high returns, a robust ecosystem, and a versatile native currency, BENQI is at […]
The recent impressive surge in $Cirus marks a significant moment for the project, showcasing the robust support of the $Cirus community. Meanwhile, investors and enthusiasts alike are expressing their confidence in the project’s potential. Which of course, drove the token’s value up by more than 30%. $CIRUS Joins The Hottest Topics In The Crypto Space […]
Polygon (MATIC), currently standing firm on the 13th position in market capitalization, is encountering a substantial surge in value. This surge comes in the wake of Polygon Labs unveiling another token, “POL,” which is poised to assume a pivotal part in the Layer-2 blockchain system. MATIC’s value has reached a three-month high at $0.807, reflecting […]
Since Litecoin experienced a sudden crash in August, it suspended the trend sideways and continued to look for a key area to initiate another sell-off. It now trades in a red zone with a 5% drop in the last 7 days. Back on July 3, Litecoin reached a peak of $115 after increasing by over […]