USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000

Though Bitcoin prices are fast-dropping, looking at events in the daily chart, one analyst thinks the coin is gearing up for a comeback, citing developments in the USDT dominance chart, or USDT.D.  USDT Dominance Falling, Good For BTC? Taking to X on April 29, the analyst said USDT.D recently fell, breaking below a critical support trend… Continue reading USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000

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

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

Ethereum Fueled Up: Will 320 Million USDT Inflow Ignite Price Surge?

The winds of change are swirling around Ethereum (ETH), the world’s second-largest cryptocurrency. While the Ethereum network itself is buzzing with activity, the price of ETH has taken a tumble in recent days, leaving investors scratching their heads. A glimmer of hope emerged with Tether’s (USDT) recent movement. Tether, the issuer of the world’s most… Continue reading Ethereum Fueled Up: Will 320 Million USDT Inflow Ignite Price Surge?