Cryptocurrency Market

  • Market Cap: $2,404,040,063,312.62
  • 24h Vol: $52,696,067,307.91
  • BTC Dominance: 56.57%

Market Cap

bitcoin-surges-by-more-than-37%-against-us-dollar-this-week,-taps-$28k-on-sunday

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday Read More »

crypto-economy-swelled-80,466%-since-2013,-despite-$1.5-trillion-loss-in-2022-downturn

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn Read More »

busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance Read More »

binance-increases-usdc-holdings-as-busd’s-market-cap-slides-lower

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower Read More »

nearly-$13-billion-in-sales:-breaking-down-5-nft-collections-by-sales-volume 

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms of all-time sales volume, have

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume  Read More »

treasury-secretary-yellen-urges-swift-action-to-increase-spending-limit,-avert-default-on-us-obligations

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the

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