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USDC’s Market Share Surges by 2X in 2024: Unraveling the Growth Factors

Bitro Conwell2 years ago3 min read

USDC Gains Momentum in the Crypto Market The crypto market is experiencing a significant increase in the popularity of USDC, the second-largest stablecoin by market capitalization.…

Decline in Stablecoin Dominance Amidst Rising Overall Value, According to Binance Research

Owen Patter2 years ago3 min read

The Decline of Stablecoins in the Crypto Market The overall market value of cryptocurrencies has increased, resulting in a decrease in the dominance of stablecoins. Their…

Massive $340m Sale Causes TrueUSD to Depreciate to $0.985

Noah Rypton2 years ago2 min read

Stablecoin TrueUSD (TUSD) Loses Peg to USD The stablecoin TrueUSD (TUSD) has deviated from its peg to the U.S. dollar, according to Chainlink. On January 16,…

Significant Surge: Tether (USDT) Witnesses Nearly $30 Billion Rise in Market Capitalization During 2023

Leo Nomist2 years ago3 min read

Tether (USDT): The Stablecoin’s Market Cap Soars in 2023 In 2023, Tether (USDT), the leading stablecoin in the crypto market, experienced a significant increase in its…

Binance and US SEC Collaborate in Responding to Terra Lawsuit Supplemental Authority

Gapster Innes2 years ago3 min read

Binance Responds to SEC’s Terra Supplemental Authority In response to the U.S. SEC’s notice of supplemental authority in the ongoing lawsuit, Binance, Binance.US, and co-founder Changpeng…

HKVAC updates major cryptocurrency index, Solana replaces Ripple in ranking overhaul

Noah Rypton2 years ago3 min read

The Hong Kong Virtual Asset Consortium (HKVAC) Updates Cryptocurrency Indexes The Hong Kong Virtual Asset Consortium (HKVAC) has announced changes to its cryptocurrency indexes, which will…

Genesis Global Trading Resolves New York Regulatory Non-Compliance for $8M, Surrenders Bitlicense

Benito Cormi2 years ago2 min read

Genesis Global Trading Agrees to $8M Settlement Fine and Bitlicense Forfeiture Genesis Global Trading has reached an agreement with the New York State Department of Financial…

HKVAC’s Global Crypto Index Includes SOL as Replacement for XRP

Noah Rypton2 years ago3 min read

The Hong Kong Virtual Asset Rating Agency (HKVAC) Announces Index Adjustments The Hong Kong Virtual Asset Rating Agency (HKVAC) has released the results of its latest…

Solana Surpasses XRP in Hong Kong’s HKVAC Top 5 Crypto Index

Gapster Innes2 years ago3 min read

HKVAC Index Adjustments Solana (SOL) has replaced Ripple’s XRP as the 5th largest cryptocurrency, leading to index rebalancing by HKVAC. The agency announced that the HKVAC…

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