Author Alexander Stefanov

Tether recorded an unprecedented $13 billion in profits last year, fueled by the increasing demand for its USD-pegged stablecoin, USDT.

The crypto market is set for another wave of bull cycles as many coins flash bullish signals. Ethereum and Ripple traders are among the most active participants, as they are ready to relive the incredible 2017 season in three different cryptos this year. 

Investors in top crypto coins, such as Cardano and Dogecoin, are becoming more agitated since their values remain the same.

Christine Lagarde, the head of the European Central Bank (ECB), has dismissed the idea of Bitcoin playing a role in the EU’s financial reserves, sparking a heated debate.

Although in its infancy, the $36 billion global crypto trading market is growing at a breakneck speed, projected to reach $347 billion by 2030.

A prolonged crypto bull market could be unfolding, with Bitcoin and Ethereum potentially reaching unprecedented highs, according to analyst Michaël van de Poppe.

Right now, traders’ attention is shifting toward high-utility altcoins. The two most famous meme coin titans, Dogecoin (DOGE) and Shiba Inu (SHIB) have been showing red price charts.

Shiba Inu price enjoyed a positive response after the launch of Trump’s new meme coin.

Adeniyi Abiodun, Chief Product Officer at Mysten Labs, has hinted at a major milestone for the crypto industry, revealing that a globally recognized consumer platform will enter the blockchain space through Sui this year.

Ethereum’s largest investors have seized the opportunity presented by a recent price dip, purchasing significant amounts of ETH despite broader economic concerns.