Cryptocurrency Market

  • Market Cap: $3,703,489,092,950.82
  • 24h Vol: $229,749,848,954.28
  • BTC Dominance: 55.33%

USDT

fiat-pegged-crypto-market-expands-by-$1.39b-in-past-week,-led-by-usdt-and-usdc

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed […]

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC Read More »

nigeria-accuses-four-crypto-traders-of-forex-regulations-violations

Nigeria Accuses Four Crypto Traders of Forex Regulations Violations

The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley, and Chukwuebuka F. Ogumba. The defendants are accused of violating the Banks and Other Financial

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stablecoin-economy-expands-$1.08b-in-2-weeks-despite-reductions-in-key-coins

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins Read More »

tron-founder-justin-sun-links-meme-coin-push-to-usdt-liquidity

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining

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tether-slams-celsius-network’s-‘baseless’-$2-billion-lawsuit

Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the

Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit Read More »

nigerian-files-lawsuit-to-overturn-crypto-ban,-seeks-btc-commodity-status

Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status

A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency exchanges, ensuring all Nigerians have unrestricted access. Crypto Restrictions Deny Residents Access to Inflation Hedging Tools Nigerian cryptocurrency advocate James Utudor filed a landmark lawsuit

Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status Read More »

tether-to-increase-its-workforce-to-200-by-mid-2025,-says-ceo-paolo-ardoino

Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino

The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer Tether

Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino Read More »

stablecoin-economy-swells-by-$1.53b-in-3-days-amid-market-rebound

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market

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cantor-fitzgerald-announces-new-venture-to-provide-leverage-to-bitcoin-investors

Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors

Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of $2 billion to cater to the needs of Bitcoin holders. This information

Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors Read More »

stablecoin-market-expands-by-$1.52-billion-in-7-days,-driven-by-usdt-and-usdc-growth

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth

The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again Over the

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth Read More »