Tether, the widely recognized stablecoin, is nearing a significant milestone with its total assets creeping towards the $100 billion mark. In a testament to its exponential growth over the past six years, Tether’s current total assets stand at an impressive $95.2 billion, according to the firm’s transparency report. Of this amount, a staggering $92 billion
Global macro investor Lyn Alden has set her sights on Bitcoin (BTC) reaching a whopping $200,000 per coin within the next two years. According to her, achieving a price of $100,000 would be a “disappointing” outcome. In a recent episode of What Bitcoin Did, Alden discussed Bitcoin’s role in the current macroeconomic environment and the
Solana (SOL) has experienced an extraordinary surge in value, with a staggering 722% increase year-to-date. This rapid growth has not only attracted attention but also brought along several challenges. The popularity of Solana-based meme coins like Bonk Inu (BONK), which has seen an 854% increase this year, and decentralized applications (dApps) has skyrocketed. However, this
Sorare, the popular fantasy football game, has recently introduced an innovative feature called the Manager ID. This addition aims to enhance the experience of users by providing a unique representation of a player’s achievements and status within the Sorare community. Departing from the traditional profile, the Manager ID combines visual elements that symbolize a player’s
The intersection of artificial intelligence (AI) and blockchain technology is paving the way for innovative developments in the crypto space. Prominent projects such as Internet Computer (ICP), The Graph (GRT), and Theta Network (THETA) have already showcased the immense potential of AI in areas like smart contracts, indexer nodes, and video delivery. Building upon the
The world of digital collectibles has experienced a surge in popularity in recent years, and one of the key drivers of this phenomenon is the rise of NFTs. These unique digital assets have revolutionized the art, gaming, and entertainment industries, providing creators, collectors, and innovators with a new way to buy, sell, and trade digital
In recent weeks, Solana has experienced an impressive resurgence, making it one of the hottest cryptocurrencies in the market. Its value has soared by over 775% in the last year, attracting investors who are eager to leverage its remarkable rally. This surge has also led to the creation of various tokens based on the Solana
In a monumental plunge, the cryptocurrency market witnessed the obliteration of almost $200 billion in value today. The cataclysmic sell-off was driven by rumors circulating in the market that the Securities and Exchange Commission (SEC) might deny pending Bitcoin ETF approvals. This revelation sent shockwaves rippling through the industry, leaving investors on edge. However, amidst
Binance, once a dominant force in the cryptocurrency exchange industry, experienced a significant decline in its market share in 2023, according to data from Paris-based crypto intelligence platform Kaiko. This decline marks a reversal in a three-year upward trend that saw Binance’s market share surge from 22% in 2020 to a peak of 60% in
The cryptocurrency market is known for its volatility and ever-changing trends. BLOB, a meme token that recently gained popularity, has already experienced a significant decline in value, leaving investors at a loss. However, amidst the uncertainty, there are promising tokens emerging that not only show potential for substantial gains but also offer stability in the