Tag Archives: Stablecoins

Bitcoin Recovers To $61,000, Here Are The Possible Reasons

Posted on by — No Comments ↓

Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during the past few days, Bitcoin has finally shown some momentum in the last… Continue reading Bitcoin Recovers To $61,000, Here Are The Possible Reasons→

Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?

Posted on by — No Comments ↓

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said.… Continue reading Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?→

Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa

Posted on by — No Comments ↓

USDT, Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance. In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space. This surge signifies a growing confidence in stablecoins and their… Continue reading Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa→

Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto

Posted on by — No Comments ↓

Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits in a very short time. While this could point to recent… Continue reading Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto→

USDC Beats USDT In Transaction Volume By Over 400% – Details

Posted on by — No Comments ↓

The seemingly unshakeable reign of Tether (USDT) as the king of stablecoins faces a new challenger. Circle’s USD Coin (USDC) has pulled off a surprise victory, recording a higher transaction volume than Tether in April 2024, according to on-chain analytics from payments giant Visa. This development marks a significant shift in the stablecoin landscape. While… Continue reading USDC Beats USDT In Transaction Volume By Over 400% – Details→