Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now […] Source CryptoX Portal
Este artículo también está disponible en español. A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain’s untapped potential could drive Bitcoin to an exponential growth in its market capitalization. Related Reading Bitcoin And The $740,000 Target The Pantera executive believes that Bitcoin price could soar to $740,000 per coin, something the…
SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company’s blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset. The decision […] Original
Landmark moment for dogecoin as first exchange-traded product (ETP) launches on the Swedish Spotlight Stock Market. Traditional Finance Wants a Piece of DOGE The Valour Dogecoin, the first dogecoin (DOGE) ETP accessible in the Nordic region was launched on Tuesday by Valour Inc, a subsidiary of Defi Technologies. The listing on Sweden’s Spotlight Stock Market […] Source CryptoX Portal
The tokenization of real-world assets is growing at a rapid pace with assets exceeding a combined value of $13 billion. Interest in Tokenized U.S. Treasury Market Heating Up The tokenized U.S. Treasury market has reached $2.5 billion in value, reflecting a rapid embrace of blockchain technologies for digitizing traditionally illiquid real-world assets (RWAs). This is […] Source CryptoX Portal
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin (BTC) has already changed the world, and as it gains traction, its potential to reshape the job market is becoming increasingly apparent. Even though recently we saw layoffs by big companies like Consensys and Kraken, it must be due to the industry’s maturing nature where companies are not yet certain about hiring principals. The real story is that Bitcoin and its associated technologies will drive long-term…
Este artículo también está disponible en español. Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the last 24 hours. This has been due to the Bitcoin price, which has continued to fluctuate heavily in recent times. $500 Million Liquidated As Bitcoin Price Fluctuates Coinglass data shows that over $500 million was liquidated from the crypto market in the last 24 hours as the Bitcoin price fluctuates. Long traders suffered the most loss, with over $366 million in…
As bitcoin catches its breath on the sidelines, a wave of digital currencies is charging ahead, making big moves. Meanwhile, the infamous Altcoin Season Index is climbing, signaling exciting times for traders who love the chaos of alternative crypto markets. Bitcoin Takes a Breather as Altcoins Steal the Show According to the Altcoin Season Index […] Source CryptoX Portal
Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity. This upswing in […] Source CryptoX Portal
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…