Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,564,798,216.85
  • 24h Vol: $55,554,871,374.03
  • BTC Dominance: 56.53%

circulating supply

study:-crypto-market-participants-favor-meme-coins,-shun-high-fdv-projects

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects

Leave a Comment / Bitcoin, circulating supply, Crypto Hacked, Cryptocurrency, Ethereum, Featured, Fully Diluted Valuation (FDV), Market Capitalization, notcoin / / / , , , ,

Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their lower barriers to understanding and participation. Tokens with High FDV Face Limited Price Discovery Opportunities […]

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blur-token-plummets-over-28%-in-march,-despite-blur’s-dominance-in-nft-sales-market

BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market

Leave a Comment / Bitcoin, Blockchain, blockchain technology, Blur, BTC, circulating supply, crypto assets, Crypto Hacked, crypto market, Cryptocurrency, cryptocurrency exchanges, cryptocurrency wallets, dappradar.com, decentralized finance, DeFi, Digital Art, Digital Assets, Dune Analytics, ETH, Ethereum, global trading, Investors, market analysis, Market Capitalization, Market Share, Market Trends, Market Valuation, Markets and Prices, metrics, Native Token, NFT marketplace, NFT sales, Rich List, Smart Contracts, Statistics, top addresses, Traders, trading, Trading Platforms, Trading Volume, USD, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high recorded on February 14, 2023. Blur’s Native

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binance-converts-$1-billion-busd-into-bitcoin,-bnb,-and-ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Leave a Comment / Asset, Binance, Binance BUSD, Bitcoin, bnb, BTC, BUSD, Changpeng Zhao, circulating supply, conversion, Crypto Hacked, Cryptocurrency, CZ, Decision, depegging, depegging incidents, ETH, Ethereum, exchange portfolio tool, fund, Industry Recovery Initiative, Investors, Nansen, News, Onchain movements, Parity, Paxos, Reassurance, Regulators, safe, Silicon Valley Bank, Stablecoin, Stablecoin Prices, Stablecoins, SVB, Transparency, troubles, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles

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coinbase-to-suspend-trading-of-busd-amid-regulatory-crackdown

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Leave a Comment / Binance, Bitcoin, BUSD, BUSD Coinbase, circulating supply, Coinbase, Coinbase BUSD, Crypto Hacked, Crypto Supporters, Cryptocurrency, Cryptocurrency Exchange, cryptocurrency market, Delist, delisting, Ethereum, Impact, listing standards, March 13, Market Capitalization, News, NYDFS, Paxos, regulatory crackdown, reserve portfolio, SEC, Stablecoin, suspension, timing, token contract, Trade Suspension, trading, USDC, valuation, Value, Wallets, wells notice, wider market / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that

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Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

Leave a Comment / Altcoins, Annual Issuance Rate, Beacon Chain, Bitcoin, Blockchain, Burn Rate, Change, circulating supply, crypto assets, Crypto Hacked, Cryptocurrency, Cryptography, Decentralized, deflation, deflationary, EIP-1559, ETH issuance rate, Ethereum, future, inflation, inflation rate, issuance, issuance rate, Locked Ether, London Hard Fork, Market Valuation, merge, metrics, Non-Stakers, PoS, PoW, Proof of Work, Proof-of-Stake, Rewards, Shanghai Update, Smart Contracts, The Merge, Tokens, Ultra Sound Money, ultrasound money / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to

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stablecoin-market-sees-supply-increase-for-tether-as-competitors-decline-in-light-of-recent-regulatory-developments

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

Leave a Comment / 30-day statistics, aftermath, Altcoins, Binance USD, Bitcoin, circulating supply, collapse, Crypto Hacked, crypto industry, Cryptocurrency, DAI, decline, Decrease, Dollar Altcoins, dollar-pegged tokens, economic conditions, Ethereum, expansion, external factors, FRAX, ftx, Implosion, increase, issuer, Market Capitalization, Market Valuation, market volatility, redemptions, regulatory developments, Reserve, Security, significance, Stability, Stablecoin, strength, Supply, Terra UST, Tether, Top Five, trade volume, underlying reserve, usd coin / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months.

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paxos-receives-wells-notice-from-sec,-nydfs-orders-issuer-to-stop-minting-busd

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Leave a Comment / $16.1 billion, $492 million, $898.16 million, 5 billion, 9, alleged violations, Binance, Binance USD, Bitcoin, BUSD, circulating supply, Crypto Hacked, Cryptocurrency, enforcement action, Ethereum, financial institution, founded, investor protection laws, ItBit, limited-purpose trust charter, Market Capitalization, monitor, News, NYDFS, PAXG, Paxos, Paxos Trust Company, probe, redemptions, SEC, securities regulator, situation, Stablecoin, stablecoin issuers, Supply, technology company, unregistered security, USDP, wells notice, year-to-date statistics / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its

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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Leave a Comment / Altcoins, Asset-backed, asset-backed BTC token, Bitcoin, Bitgo-backed, circulating supply, collateralized, collateralized BTC, Crypto asset, Crypto Hacked, Crypto-collateralized, Cryptocurrency, custody, derivative, Eastern Time, ERC20-based, Ethereum, Ethereum chain, Jan. 2019, Largest operation, Market Capitalization, redemption, STETH, Synthetic Bitcoin, Synthetic BTC, Token value, tokenization, tokenized, Transparency dashboard, Tron blockchain network, WBTC, Wrapped, wrapped bitcoin, Wrapped Bitcoin Token, Wrapped BTC, Wrapped BTC Token, Wrapper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed

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bonk-meme-coin-sees-wild-price-fluctuations-and-massive-holder-concentration

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

Leave a Comment / Airdrop, Altcoins, Archive.org, Artists, ATH, Bitcoin, Bonk, Bonk Inu, Bonk Inu Meme Coin, circulating supply, Coincarp.com, Crypto Hacked, Cryptocurrency, Developers, Doge, Ethereum, holder concentration, Holders, Market Capitalization, Market Valuation, massive holder, meme, nft, Openbook, Price Fluctuations, real-world value, richest addresses, Scarcity, shib, shiba inu, Solana, Supply, Token, tokenomics, top holders, wild price / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and

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