Stablecoin Market Cap Hits Highest Level Since April 2022: USDe Leads the Surge
TL;DR The stablecoin market reached a capitalization of $161 billion in May, the highest level in 24 months, although its dominance fell to 6.07% from 7%
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR The stablecoin market reached a capitalization of $161 billion in May, the highest level in 24 months, although its dominance fell to 6.07% from 7%
TL;DR BlackRock’s ETF Application: BlackRock amends its application for an Ethereum ETF, with analysts predicting a U.S. launch by late June, following SEC’s preliminary approval. Analysts’
TL;DR Galxe’s Gravity Platform: A new Layer 1 omnichain smart contract platform called Gravity has been introduced by Galxe, aiming to transform Web3 interactions with its
TL;DR Accumulation Trend: Bitcoin ‘sharks’, or holders of at least 10 BTC, have significantly increased their holdings by 154,560 coins in the past five months, indicating a
TL;DR Ethena Labs launches USDe and sUSDe on the Blast L2 network. Integrations with multiple Web3 protocols to offer new services. Significant benefits for users in
TL;DR Ethereum could experience an impressive price increase, reaching $15,000, driven by the approval of its first ETFs. There was a crucial change in the political
TL;DR Bitcoin and Ethereum show signs of strength after post-ATH consolidation, with BTC near $71,000 and ETH up 20% following the approval of ETH ETFs. The
TL;DR Historic Launch: On June 4th, the United States will witness the debut of its first leveraged Ethereum (ETH) Exchange-Traded Fund (ETF). This groundbreaking development allows
TL;DR Post-Halving Hurdles: Bitcoin mining is struggling with reduced block rewards from the recent halving event, compounded by a surge in network hashrate to a record
TL;DR Following the approval of the spot Bitcoin ETF, American voters’ interest in investing in cryptocurrencies has increased considerably. The Grayscale survey shows that nearly one-third
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy