Tag Archives: stablecoin

Stablecoins See Positive Momentum: Will This Lead To New Bitcoin All-Time High?

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Data shows the stablecoins USDT and USDC have been seeing capital inflows recently, something that could turn out to be bullish for Bitcoin. Top 2 Stablecoins Have Seen Their Market Caps Grow Recently In a new stablecoins: USDT and USDC. Below is the chart shared by the analytics firm, that shows the data for the… Continue reading Stablecoins See Positive Momentum: Will This Lead To New Bitcoin All-Time High?→

Stablecoins Market Cap Up By 65% – Driving The Bull Rally Forward?

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Amidst a momentary pause in the current crypto bull run, stablecoins have emerged as a potential factor capable of driving the market forward. Market analyst Burak Kesmeci has provided much insight on this possibility while highlighting the impressive market gains of these stable digital assets in recent times. Stablecoins Surpass All-Time High Market Cap Value… Continue reading Stablecoins Market Cap Up By 65% – Driving The Bull Rally Forward?→

Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?

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The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market… Continue reading Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?→

Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue

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On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which keeps track of the net amount of a given asset that’s moving… Continue reading Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue→

Solana Records New ATH After 3 Years: Is SOL Ready To Flip USDT?

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Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market. Solana Makes Historic Recovery, Eyes USDT Flippening Solana (SOL),… Continue reading Solana Records New ATH After 3 Years: Is SOL Ready To Flip USDT?→

Six Months, $1 Billion: TON Network’s Explosive USDT Adoption Milestone

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The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the USDT on TON hitting over $1 billion in only six months, an indicator… Continue reading Six Months, $1 Billion: TON Network’s Explosive USDT Adoption Milestone→

Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

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Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro. The largest cryptocurrency by market… Continue reading Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside→

Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?

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It’s been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional tokens were minted on the Tron network and immediately sent to the… Continue reading Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?→

Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal

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On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As explained by the on-chain analytics firm Santiment in a new Exchange Flow Balance,” which measures the net amount… Continue reading Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal→

Stalled USDT Liquidity Threatens Bitcoin Price Further Growth – Here’s Why

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The price of Bitcoin has maintained a recovery trajectory over the last week, gaining by a significant 16.25% to move briefly above the $67,000 price mark. Bitcoin investors are likely hopeful the asset will record more price gains and finally embark on a bull run following the halving event in April. However, Bitcoin’s price future… Continue reading Stalled USDT Liquidity Threatens Bitcoin Price Further Growth – Here’s Why→