The stablecoin market has recently experienced an unprecedented surge, with its capitalization climbing to approximately $191.6 billion, a staggering 46% increase from previous values. Tether (USDT) and USD Coin (USDC), two of the most prominent players in this domain, account for the bulk of this growth. Data from DefiLlama reveals a remarkable trend over the
Crypto
Cardano’s native token, ADA, has recently made headlines with a staggering price increase of 180% within a single month, temporarily breaching the $1 threshold. This remarkable surge has stirred interest among investors and analysts, suggesting that this could be the beginning of a more extended upward trend for the cryptocurrency. With ADA trading around the
In a groundbreaking move, Vancouver Mayor Ken Sim is spearheading an initiative to integrate Bitcoin (BTC) into the city’s investment portfolio, marking a significant step towards establishing Vancouver as a leader in the cryptocurrency space. This proposal, revolving around the motion titled “Preserving the city’s purchasing power through diversification of financial resources: Becoming a Bitcoin-friendly
Bitwise Asset Management is making waves in the financial landscape with its recent filing for a cryptocurrency exchange-traded fund (ETF) aimed at capitalizing on the burgeoning cryptocurrency market. This ETF proposal, which targets the U.S. Securities and Exchange Commission (SEC), builds on the foundation of the existing 10 Crypto Index Fund. The intention behind this
The rise of Bitcoin has transcended the realm of speculative investment, evolving into a potential linchpin of national economic strategy. Post-Donald Trump’s election, voices advocating for the United States to position Bitcoin as a key asset have grown increasingly loud. MARA Holdings, a significant player in the cryptocurrency mining space, has recently underscored the urgent
The cryptocurrency landscape finds itself at a crossroads as regulatory control becomes a contentious issue. The U.S. Securities and Exchange Commission (SEC), long positioned as the gatekeeper of financial securities, is now confronted with potential shifts in authority that may fundamentally alter its role in overseeing digital assets. Amid growing discontent with its stringent regulatory
In recent weeks, XRP has showcased remarkable resilience, witnessing heightened trading activity that sent its price soaring to a noteworthy $1.60 mark in late November. Despite experiencing a market correction soon after the surge, XRP has rebounded impressively in the last 24 hours, currently hovering around $1.44—indicating a notable increase of approximately 10% in a
The cryptocurrency landscape is akin to a rollercoaster ride, marked by profound fluctuations and unexpected surges. Recent events highlight a significant downturn across major digital assets, with predominant cryptocurrencies such as Bitcoin, Ethereum, and Solana enduring a notable pullback. Among these turbulent tides, the popular meme coin Shiba Inu (SHIB) stands out, having retreated from
The financial landscape is often marked by volatility, but the recent fluctuations in MicroStrategy’s stock (MSTR) have drawn significant attention. As of late November, the company’s shares plummeted 35% from a peak of $535, recorded on November 21, plunging to $340 before stabilizing at $353. This dramatic decline, amounting to approximately $30 billion lost in
In the ever-evolving landscape of cryptocurrency, meme coins have taken the scene by storm. Among them, Pump.fun, a Solana-based meme coin generator, rose to prominence, particularly for its innovative yet risky livestream feature. However, this feature has become a double-edged sword as the platform has grappled with its implications. Recently, Pump.fun announced the suspension of
