Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,393,113,562,158.15
  • 24h Vol: $53,365,551,873.29
  • BTC Dominance: 56.55%

USDC

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

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

Leave a Comment / Auto-Conversion, Balances, Binance, Binance USDC, Bitcoin, Blockchain, BUSD, Crypto asset, Crypto Hacked, Cryptocurrency, DAI, Digital Assets, Digital Tokens, digital wallets, ERC20, Ethereum, Finance, Fintech, holdings, Market Cap, Market Capitalization, market fluctuations, Market Trends, Nansen, News, Paxos, portfolio viewer, redemptions, Stablecoin, Top Ten, trade volume, tusd, USDC, USDT, Virtual Currency, Wazirx / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 »

stablecoin-market-in-flux:-more-than-$2-billion-in-usdc-redemptions-in-30-days

Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days

Leave a Comment / 12.9%, 8 out of 10 trades, 81.4%, Altcoins, Bitcoin, BUSD, Circulation, contrasting picture, crypto economy, Crypto Hacked, Cryptocurrency, DAI, Decrease, dominant, Ethereum, FRAX, future, GUSD, increase, Market Capitalization, Monitoring, overall valuation, redemption, regulatory challenges, Stablecoin, stablecoin assets, Stablecoins, Statistics, Tether, third-largest, Top Ten, trade volume, trends, tron, tusd, usd coin, USDC, USDD, USDP, USDT, Value / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease of approximately 4.9% in the same time

Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days Read More »

ethereum-network’s-rising-gas-fees-in-2023:-a-balancing-act-of-growth-and-cost

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Leave a Comment / 1.06 million transactions, 212743 transfers, 689511 transactions, 87.67% lower, 92.19% decrease, Arbitrum, Average Fee, Bitcoin, Bitinfocharts.com, cost to transfer, Crypto Hacked, Cryptocurrency, decentralized exchange, Demand, dex swap, Dune Analytics, Dune Analytics data, ERC20 token, ETH, ETH fees, Ether fees, Ethereum, Ethereum (ETH), Ethereum cost, Ethereum Network, Ethereum scaling solution, Fees, gas fees, growth, hindrance, increase, L2 scaling network, Median Fee, News, number of transactions, onchain cost, Opensea, Optimism, Token value, transaction cost, transactions, transfer, transfer cost, transfer fee, USDC, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As the demand for Ethereum’s capabilities continues to soar,

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost Read More »

bitcoin’s-crypto-market-action-holds-the-upper-hand-as-dominance-level-surpasses-40%

Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40%

Leave a Comment / binance coin, Bitcoin, Bitcoin (BTC), bnb, BTC, CoinGecko, Coinmarketcap, Command, control, crypto assets, crypto economy, Crypto Hacked, crypto market, Cryptocurrency, Digital Currency, Digital Currency Markets, Dominance, Dominance Level, ETH, Ethereum, Ethereum (ETH), Market Capitalization, Market Dominance, Market position, Market Share, Market Valuation, News, popularity, Stablecoin, Supremacy, Tether, Top spot, USDC, USDT, XRP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among

Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% Read More »

ethereum-gas-fees-spike-as-eth-value-rises:-average-onchain-fees-jump-by-more-than-50%

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

Leave a Comment / Altcoins, Arbitrum, Average Fees, Bitcoin, Bitinfocharts, cost per transfer, crypto assets, Crypto Hacked, Cryptocurrency, data, Decentralized, DeFi, Demand, DEX, ERC20, ERC20 Tokens, ETH, Ethereum, Ethereum (ETH), Ethereum fees, Exchange, fee charts, Fees, Gas, gas costs, high-priority, L2, Market Capitalization, median-sized fees, Network costs, onchain transactions, Opensea, Optimism, second-largest crypto, swap, Transaction, transfers, U.S. dollar, uniswap, USDC, USDT, value rise / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50% Read More »

spanish-airline-vueling-to-accept-cryptocurrency-as-means-of-payment

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

Leave a Comment / airlines, Argentine, Bank of Spain, Bitcoin, Blockchain, Criptan, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Europe, flybondi, Jesus Monzo, Jorge Soriano, NFTs, Petro, Spanish, UATP, USDC, Venezuela, vueling / / / , , , , , , , , , , , , , , , ,

Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims to open this payment option for users by Q3 2023. Vueling

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment Read More »

cornell-professor-warns-of-disruption-to-us-bond-market-from-potential-collapse-of-major-stablecoin

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin

Leave a Comment / Bitcoin, Circle, cnbc, cornell, Crypto Hacked, Cryptocurrency, Economics, Eswar Prasad, Ethereum, pat toomey, Paxos, Stablecoins, Tether, Treasuries, TRUST stablecoin act, us bonds, USDC / / / , , , , , , , , , , , ,

A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market, affecting prices. Cornell Profesor Alerts

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin Read More »

tron’s-usdd-stablecoin-experiences-fluctuations-again,-drops-below-$1-parity-in-early-2023

Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023

Leave a Comment / anxiety, Bitcoin, capital, Capitalization, Charts, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, DAI, depegging, deviating, discrepancy, eighth-largest, Ethereum, fluctuation, fluctuations, justin sun, market, News, over-collateralized, Parity, Price, Stablecoin, Stablecoins, Top Ten, trade volume, trading, trend, tron, TRON DAO Reserve, Tron Stablecoin, USDC, USDD, USDT, Value, volatility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per

Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 Read More »

unreported-transactions-linked-to-disgraced-ftx-co-founder-revealed-by-onchain-investigation

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

Leave a Comment / 'legit legs', address, Arbitrum, Avalanche, AVAX, bankruptcy team, Binance Smart Chain, Bitcoin, blockchains, BSC, BTCB, co-founder, Conor Grogan, Crypto, Crypto Hacked, Cryptocurrency, Deribit withdrawals, ETH, ETH tx, Ethereum, EVM chains, ftx, Funds, House arrest, instant swapper, matic, MDX, News, Onchain Research, outbound movements, Polygon, Polygon blockchains, private keys, PTP, receiving wallet, Regulators, Sam Bankman-Fried, SPELL, Tokens, transactions, USDC, USDT, Wallets, Wasabi Wallet, WBTC, wBTC deposit / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation Read More »