Tag Archives: Stablecoin market cap

A ‘Sustained’ Crypto Winter? Trading Volume Hits Lowest Levels Since 2023 – Report

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A recent report has suggested that the digital assets market has likely entered its “crypto winter” after the sector’s market capitalization and trading volume continued to decline for a second consecutive quarter. Crypto Winter Arrives As Volumes Drop On Thursday, CoinGecko affirmed that the market transitioned from a sharp correction to a “sustained” crypto winter… Continue reading A ‘Sustained’ Crypto Winter? Trading Volume Hits Lowest Levels Since 2023 – Report→

Stablecoin Market Cap Drops By $7 Billion—What It Means For Bitcoin

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Data shows the ERC-20 stablecoin market cap has just seen a notable drop for the first time in years, something that could have a knock-on effect on Bitcoin. ERC-20 Stablecoin Market Cap Has Gone Down During The Past Week As highlighted by CryptoQuant author Darkfrost in an X stablecoins have witnessed outflows over the past… Continue reading Stablecoin Market Cap Drops By $7 Billion—What It Means For Bitcoin→

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

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In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and large-scale… Continue reading Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users→

DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

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In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics, indicating investor preference and market sentiment during this period.  Hopes For Second ‘DeFi Summer’  Per the report,… Continue reading DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report→