The cryptocurrency market is seeing renewed bullish momentum with Bitcoin recently crossing the $69,000 level.
Tether’s USDT has crossed the significant milestone of a $120 billion market capitalization for the first time, indicating a potential upward trend in the cryptocurrency market.
As of October 20, Tether’s USDT, the largest stablecoin globally, exceeded the $120 billion threshold, as shown on the company’s live supply tracking page.
Stablecoins serve as a crucial bridge between traditional fiat currencies and the realm of digital assets.
An increase in stablecoin supply is often viewed as a precursor to a bull market, suggesting that investors are acquiring stablecoins in anticipation of future investments in cryptocurrencies.
Hedera’s native token HBAR is facing selling pressure after an explosive 49% monthly surge, dropping over 5% in the past 24 hours at time of writing.
Solana (SOL) has gone up by 7% in the past 7 days after the approval of the first exchange-traded fund (ETF) linked to this token in the United States. The REX-Osprey SOL + Staking ETF (SSK) is already nearing the $100 million mark in assets under management (AUM), which favors a bullish Solana price prediction. […]
A major development in the world of crypto ETFs has just been confirmed, as NYSE Arca has officially certified the approval for listing the ProShares Ultra XRP ETF (UXRP).
As Bitcoin smashes through all-time highs, crypto-related conversation is surging across social media.