Cryptocurrency News
The crypto market is seeing a massive injection of liquidity, with 972.6 million USDT flowing from Tether’s Treasury to exchanges in the past 24 hours. This significant movement of funds appears to be a driving factor behind Bitcoin’s ongoing rally and broader market dynamics. A massive amount of money is […]
This week, the stablecoin market cap reached a new milestone, surpassing $190 billion and breaking its previous record from April 2022. The surge coincides with Bitcoin hitting all-time highs and the overall cryptocurrency market cap soaring to $3.4 trillion, underscoring the rapid adoption of stablecoins in the digital finance ecosystem. […]
Over $9.7 billion worth of stablecoins have been minted in the past 30 days, with much of this influx flowing directly to exchanges. This surge signals that big money is positioning itself, with stablecoins playing a quiet yet pivotal role in driving market activity. Over $9.7B in stablecoins minted in […]
Tether (USDT), the largest stablecoin by market capitalization, has surpassed a significant milestone, crossing $130 billion in market cap. This achievement highlights its growing dominance in the cryptocurrency space, underpinned by impressive on-chain activity and user adoption. USDT's market cap has surpassed $130B. Here are some key insights👇 âž–USDT processed […]
The crypto market is witnessing a surge in buying power as USDT netflow hits an unprecedented $1.8 billion. This influx of stablecoins typically signals increased market activity and often drives demand for Bitcoin and other cryptocurrencies. USDT netflow just hit a record $1.8B, which means there’s a lot of buying […]
November has seen a notable uptick in stablecoin netflows into derivative exchanges, indicating that traders are preparing for leveraged positions. This shift points to a growing appetite for risk-taking in the crypto market. In November, a surge in stablecoin netflows into derivative exchanges reveals traders are gearing up for leveraged […]
Tether recently minted another 2 billion USDT on Ethereum and Tron networks, marking a significant liquidity boost. Over the past eight days, Tether has created a total of 8 billion USDT, with 6.067 billion of these funds actively injected into the crypto market. This influx of capital has been instrumental […]
Tether (USDT) may not always be in the spotlight, but it remains a cornerstone of the cryptocurrency market. In September alone, over $424 billion worth of USDT was transferred on the TRON network, marking one of the largest monthly transfer volumes ever recorded. Stablecoins have seen a surge in popularity […]
The stablecoin market has grown exponentially, becoming a crucial component of the cryptocurrency ecosystem. From a modest $1 billion supply in 2018, the stablecoin market has expanded to over $160 billion by 2024. This massive growth underscores the critical role stablecoins play in providing liquidity, stability, and utility for numerous […]
Tether’s Treasury has recently minted $1 billion worth of USDT to bolster its inventory for future issuance and enhance liquidity. This move comes in response to rising demand for stablecoins, particularly on the Tron network, where USDT has seen increasing adoption. As the dominant player in the stablecoin market, USDT […]
USDT holdings on cryptocurrency exchanges have been climbing, hinting at a potential wave of buying pressure in the market. According to data from IntoTheBlock, $300 million worth of stablecoins flowed into exchanges yesterday, suggesting that investors may be positioning themselves to capitalize on the recent market dip. $300 million worth […]
Tether announced today its plans to launch USDT on the Aptos network, marking another step in its strategy to leverage advanced blockchain technology to make digital currencies more accessible and usable globally. This integration aims to take advantage of Aptos’ speed, scalability, and robust blockchain infrastructure to enhance the efficiency […]
Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received […]
Stablecoins have become a crucial element in the DeFi ecosystem, offering much-needed stability and liquidity. Recent data from @intotheblock underscores their growing influence. Leading stablecoins such as USDT, USDC, and DAI are witnessing substantial market cap growth, with USDT exceeding the $100 billion mark. This surge highlights their widespread adoption […]
Amidst the ongoing bullish season in the cryptocurrency market, there has been a surge in inflows, particularly with stablecoins flowing into exchanges, as per recent reports. According to insights from Lookonchain, a significant whale has re-entered the crypto market, initiating substantial fund injections. Over the past 26 hours alone, this […]
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
The aggregate stablecoin supply has witnessed significant expansion since October 2023, experiencing a notable monthly increase of $4.17 billion in December—an unprecedented surge not seen since March 2022. This surge has propelled the current market capitalization of all stablecoins to an impressive $128 billion. Since Oct 2023, the Aggregate Stablecoin […]
TrueUSD (TUSD) experienced a significant depreciation, dropping to as low as 97 cents, triggered by reports of traders liquidating over $300 million worth of the stablecoin, according to data from Binance. Binance’s announcement on January 15 about farming $MANTA by staking $BNB and $FDUSD, excluding $TUSD, played a pivotal role […]