Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,196,879,572,397.17
  • 24h Vol: $105,013,737,124.62
  • BTC Dominance: 55.95%

USDT

pancakeswap-launches-version-3-of-protocol-on-bnb-and-ethereum-blockchains

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

Leave a Comment / binance coin, Bitcoin, Blockchain, Capital concentration, capital efficiency, Comparison, crypto assets, Crypto Hacked, Cryptocurrency, decentralized exchanges, DeFi, Dex platform, efficiency, Ethereum, future, Liquidity providers, Pancakeswap, Pancakeswap v2, Pancakeswap V3, Performance, Stablecoins, swaps, trade volume, Trading fee rebates, Trading Fees, Trading Pairs, USDC, USDT, VIP rewards program, VIP tiers, WBNB, WETH, Wrapped BNB, Wrapped Ethereum / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in […]

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains Read More »

stablecoin-market-sees-fluctuations-with-some-coins-gaining-and-others-reducing-supply

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

Leave a Comment / Altcoins, Assets, Binance, Bitcoin, BUSD, Circulation, Crypto Hacked, Cryptocurrency, DAI, Ethereum, FRAX, Global, GUSD, increase, liquity, LUSD, makerdao, market, Market Capitalization, Nansen, Proof of Reserves, redemption, reduction, Stablecoin Economy, Stablecoin Market, Stablecoins, Statistics, Supply, Tether, Top 10 stablecoins, Top 5 stablecoins, trade, tusd, USDC, USDD, USDP, USDT, valuation, volume / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed.

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply Read More »

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

Leave a Comment / Asset, Bitcoin, Bitcoin (BTC), Bitcoin Price, Blockchain, BTC Prices, BUSD, CHF, Crypto Hacked, Cryptocurrency, Digital Assets, ETH, Ethereum, EUR, Finance, gbp, global market, Greenback, investment, JPY, kimchi premium, KRW, market, Market Cap, Market Capitalization, Market Updates, Market Valuation, South Korea, Tether, Trading Pairs, TRY, USD, USDC, USDT, UST collapse / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 »

major-cryptocurrency-atm-manufacturer-general-bytes-hacked,-over-$1.5m-in-bitcoin-stolen

Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

Leave a Comment / 2FA, ada, API keys, ATM, ATM attack, ATMs down, Automated Teller Machine, Bitcoin, Breach, BUSD, Cloud Service, Crypto, Crypto ATM attack, Crypto Hacked, Cryptocurrency, DAI, Doge, ETH, Ethereum, Exchanges, Funds, General Bytes, General Bytes ATMs, General Bytes Crypto ATMs, Hack, hot wallets, IP addresses, java, Liquidation, nationwide, News, onchain statistics, operators, Security, self-hosted servers, shib, trx, uniswap, US ATM Operators, USDT, Vulnerability, zero-day attack / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut down. The hacker was able

Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen Read More »

stablecoin-supply-plummets-after-depegging-event:-$7.4b-dollar-pegged-tokens-withdrawn-from-circulation

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation

Leave a Comment / 24-hour settled trades, Altcoins, Binance, Binance USD, Bitcoin, BUSD, Centralized trading, Circulation, coingecko.com, crypto economy, Crypto Hacked, Crypto landscape, Cryptocurrency, Demand, depegging, Ethereum, Exchanges, Global Trade, Investors, Market Capitalization, Market Valuation, metrics, Nansen, Pegged, Proof of Reserve, redemptions, Stablecoins, Supply, Tether, Trading Platforms, usd coin, USDC, USDT, Value, volume, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin Depegging Event Triggers Billions in Redemptions The stablecoin landscape

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation Read More »

redemption-and-reshuffling:-busd’s-exit-from-top-10-cryptocurrencies-shakes-market-valuations

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Leave a Comment / Bitcoin, Blockchain, bnb, BTC, BUSD, crypto assets, Crypto Hacked, Cryptocurrencies, Cryptocurrency, decentralized finance, Digital Tokens, Doge, Ethereum, Exchange Tokens, Financial Technology, Greenback, Investors, Lido, Market Capitalization, Market Updates, Market Valuation, matic, OKB, Okx, Paxos, Polygon, PoW, Proof of Work, redemptions, Smart Contracts, SOL, Solana, Stablecoins, Staked Ether, STETH, Tether, top cryptocurrencies, Top Ten, usd coin, USDC, USDT, utility tokens, valuation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations Read More »

ebb-and-flow-of-stablecoin-economy-continues-with-busd’s-market-cap-dropping-below-$10-billion-range

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

Leave a Comment / Altcoins, Bitcoin, Blockchain, BUSD, BUSD supply, Crypto, Crypto Hacked, Cryptocurrency, cryptocurrency market, DAI, Decentralized, depegging, Digital Assets, Digital Currency, Digital Tokens, Economy, Ethereum, Finance, Financial Technology, fluctuation, FRAX, GUSD, investment, Market Capitalization, Peer-to-peer, Stablecoin Economy, Stablecoin Tokens, Stablecoins, Supply, Terra, Trading Volume, tusd, USDC, USDD, USDP, USDT, valuation, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range Read More »

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

Leave a Comment / Altcoins, Asset, Asset Management, Binance, Binance BUSD, Bitcoin, Blockchain, BUSD, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, Digital Currency, dogecoin, Dominance, Ethereum, Exchange, Fiat, Market Cap, Parity, Paxos, Portfolio, redemption, Stablecoin, stablecoin assets, Stablecoins, Tether, Top Ten, trading, Trading Volume, Turkish Lira, US Dollar, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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

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 »